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CT SB00241
Bill
Status
2/19/2026
Primary Sponsor
Commerce Committee
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AI Summary
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Authorizes the State Bond Commission to issue up to $5 million in state bonds effective July 1, 2026
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Department of Economic and Community Development will provide the bond proceeds as a grant-in-aid to the Waterbury Land Bank Authority
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Funds may be used to acquire, maintain, remediate, or develop real property and related projects in the city of Waterbury
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Bonds mature within 20 years and are backed by the full faith and credit of the state of Connecticut
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Authorization requires a signed request from the Secretary of the Office of Policy and Management to the State Bond Commission
Legislative Description
An Act Concerning The Waterbury Land Bank.
Last Action
Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding
3/12/2026