Plain English Breakdown
The bill has passed both chambers but was referred to a committee; final enactment status depends on further action not shown here.
State Bonds for New Roof at Lyman Allyn Art Museum
This bill allows the state to issue up to $600,000 in bonds to fund a new roof for the Lyman Allyn Art Museum.
What This Bill Does
- Empowers the State Bond Commission to authorize state bonds.
- Limits the total amount of bonds issued to no more than six hundred thousand dollars.
- Requires bond proceeds to be used by the Department of Economic and Community Development.
- Provides a grant-in-aid specifically for installing a new roof at the museum.
Who It Names or Affects
- The Lyman Allyn Art Museum in New London
- The State Bond Commission
- The Department of Economic and Community Development
Terms To Know
- Bonds
- Money the state borrows now to pay for a project, which it will repay later with interest.
- Grant-in-aid
- Financial help given by one government entity to another or an organization for a specific purpose.
Limits and Unknowns
- The bill does not state when the new roof will be finished.
- The text does not explain how much of the total cost comes from other sources besides these bonds.
- No effective date is listed in the provided source material.