Plain English Breakdown
The official status indicates the bill passed both chambers and reached final enrollment, but no effective date is listed in the provided metadata.
State Bonds for Planning the Groton Community Center
This law allows the State Bond Commission to issue up to $300,000 in state bonds to fund planning and engineering work for a community center in Groton.
What This Bill Does
- Empowers the State Bond Commission to authorize new state bonds under section 3-20 of the general statutes.
- Limits the total amount of these bonds to no more than $300,000.
- Directs bond money to the Department of Economic and Community Development.
- Requires that department to give a grant-in-aid to the town of Groton for planning and engineering the Groton Community Center.
Who It Names or Affects
- The State Bond Commission
- The Department of Economic and Community Development
- The Town of Groton
Terms To Know
- Bonds
- Money the state borrows now to pay for projects, which it will repay later with interest.
- Grant-in-aid
- Financial help given by a government agency to another group or local town.
Limits and Unknowns
- The law only covers planning and engineering costs, not the actual building of the center.
- The text does not state when this funding will be available or spent.
- Final issuance depends on actions by the State Bond Commission.