AN ACT AUTHORIZING BONDS OF THE STATE FOR THE VETERANS RALLY POINT IN THE CITY OF NORWICH.

Plain English Breakdown

Checked against official source text during the last sync.

Act Allowing State Bonds for Veterans Rally Point

This act allows the state to issue bonds up to $350,000 to fund capital improvements at the Veterans Rally Point in Norwich.

What This Bill Does

• Allows the State Bond Commission to issue bonds of up to $350,000 for the Veterans Rally Point in Norwich.
• Requires that these bond proceeds be used by the Department of Veterans Affairs as a grant-in-aid for capital improvements at the Veterans Rally Point.

Who It Names or Affects

• The State Bond Commission, which will authorize the issuance of bonds.
• The Department of Veterans Affairs, which will receive the bond proceeds as a grant-in-aid.
• Veterans Rally Point in Norwich, which will benefit from capital improvements funded by the grants.

Terms To Know

Grant-in-Aid

Money given to an organization or project to help pay for specific costs.

Capital Improvements

Major repairs, renovations, or additions that improve the value and functionality of a property.

Limits and Unknowns

• The bill does not specify what types of capital improvements will be made.
• It is unclear how long it will take for the bonds to be issued after this act passes.

Official Summary Text

To provide funding for capital improvements to the Veterans Rally Point in the city of Norwich.

Current Bill Text

LCO No. 996 1 of 1

General Assembly Proposed Bill No. 5190
February Session, 2026 LCO No. 996

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. WILSON, 46th Dist.
REP. PEMBERTON, 139th Dist.
SEN. OSTEN, 19th Dist.

AN ACT AUTHORIZING BONDS OF THE STATE FOR THE VETERANS
RALLY POINT IN THE CITY OF NORWICH.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the State Bond Commission be empowered to authorize the 1
issuance of bonds of the state in accordance with section 3 -20 of the 2
general statutes, in principal amounts not exceeding in the aggregate 3
three hundred fifty thousand dollars, the proceeds of which shall be 4
used by the Department of Veterans Affairs for the purpose of providing 5
a grant -in-aid to the Veterans Rally Point in the city of Norwich for 6
capital improvements. 7
Statement of Purpose:
To provide funding for capital improvements to the Veterans Rally
Point in the city of Norwich.