Plain English Breakdown
Checked against official source text during the last sync.
State Bonds for Contaminated Wells in Franklin
This bill allows the state to issue up to $500,000 in bonds to fund a grant that helps the town of Franklin address contaminated wells.
What This Bill Does
- Empowers the State Bond Commission to authorize new state bonds.
- Limits the total amount of these bonds to no more than five hundred thousand dollars.
- Directs bond money to the Department of Energy and Environmental Protection.
- Requires that department to give a grant-in-aid to the town of Franklin.
- Funds addressing wells contaminated with perfluoroalkyl and polyfluoroalkyl substances near Town Hall.
- Funds addressing wells contaminated with other chemicals at the Volunteer Fire Department.
Who It Names or Affects
- The State Bond Commission
- The Department of Energy and Environmental Protection
- The town of Franklin
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 without needing repayment.
- Perfluoroalkyl and polyfluoroalkyl substances
- A specific type of chemical that has contaminated the wells near Franklin Town Hall.
Limits and Unknowns
- The bill does not state when this law will take effect.
- The text lists a maximum funding amount but does not specify if less money might be used.
- The source material does not describe the specific cleanup methods that will be used.