Plain English Breakdown
Checked against official source text during the last sync.
State Bonds for Plainfield VFW Renovations
This act allows the state to issue bonds up to $300,000 to fund renovations at the Plainfield Veterans of Foreign Wars Post 5446 that comply with federal accessibility guidelines.
What This Bill Does
- Allows the State Bond Commission to issue bonds for the Plainfield VFW Post 5446.
- Limits the total amount of bonds to $300,000.
- Requires the funds from these bonds to be used by the Department of Veterans Affairs as a grant-in-aid for renovations at the post.
- Ensures that the renovations follow federal accessibility rules.
Who It Names or Affects
- The State Bond Commission
- Department of Veterans Affairs
- Plainfield VFW Post 5446
Terms To Know
- State Bonds
- Money borrowed by the state to fund projects.
- Grant-in-Aid
- Financial assistance given by a government agency to support specific activities or projects.
Limits and Unknowns
- The bill does not specify how the bonds will be repaid.
- It is unclear if there are any additional requirements for issuing these bonds beyond what is stated in the act.