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CT HB06705

Bill

Official Source

Status

Introduced

2/16/2023

Primary Sponsor

Housing Committee

Click for details

Origin

House of Representatives

2023 General Assembly

AI Summary

  • Increases the State Bond Commission's authorization to issue bonds for the Housing Receivership Revolving Fund from $300,000 to $750,000 in aggregate principal amount.

  • Bond proceeds shall be used by the Department of Housing to provide funds for the Housing Receivership Revolving Fund established under section 47a-56i.

  • Maintains the existing restriction that not more than $200,000 may be expended from the fund in any single municipality.

  • Takes effect on October 1, 2023, and amends General Statutes section 47a-56k(a).

Legislative Description

An Act Authorizing Additional Bonds Of The State For The Housing Receivership Revolving Fund.

Last Action

Referred by House to Committee on Finance, Revenue and Bonding

4/25/2023

Committee Referrals

Finance, Revenue and Bonding4/25/2023
Housing2/16/2023

Full Bill Text

No bill text available