CT SB00430

Authorizes the State Bond Commission to issue up to $4 million in state bonds effective July 1, 2024.

Bond proceeds shall be used by Connecticut State Colleges and Universities to establish an advanced manufacturing apprenticeship and community robotics center at Tunxis Community College in conjunction with local manufacturers.

Bonds shall be general obligations of the state with full faith and credit of Connecticut pledged for payment of principal and interest.

Bonds may mature at times not exceeding twenty years from their respective dates as determined by State Bond Commission resolutions.

Temporary notes may be issued in anticipation of bond sale proceeds and renewed as needed in accordance with Connecticut general statutes.