Plain English Breakdown
The official status indicates the bill passed both chambers but was referred to a committee on February 10, 2026; final enactment or effective date is not confirmed in the provided text.
State Bonds for Building Repairs at Catholic Charities in Newington
This bill allows the state to issue bonds worth up to $2,770,075 to fund a grant that repairs and renovates a building used by Catholic Charities, Inc. in Newington.
What This Bill Does
- Empowers the State Bond Commission to authorize the issuance of state bonds.
- Limits the total amount of these bonds to $2,770,075.
- Requires that bond proceeds go to the Department of Economic and Community Development.
- Directs funds for a grant-in-aid to Catholic Charities, Inc. in Newington.
- Specifies that money must be used to repair and renovate buildings at 652 Willard Avenue.
Who It Names or Affects
- Catholic Charities, Inc., which owns the building receiving repairs.
- The State Bond Commission, which authorizes the bonds.
- The Department of Economic and Community Development, which manages the grant funds.
- Persons with intellectual disabilities who use services at this location.
Terms To Know
- Bonds
- Money that a government borrows from investors to pay for projects and promises to repay later with interest.
- Grant-in-aid
- Financial assistance given by the state to an organization or local group without requiring repayment.
Limits and Unknowns
- The bill does not list a specific date when these repairs must be finished.
- The text does not explain how much of the total bond amount will go toward each type of repair.
- No information is provided about whether additional funding might be needed beyond this grant.