Plain English Breakdown
The official source contains a blank space where the total dollar amount of bonds should appear, leaving the specific funding level unknown.
Funding Bonds for Vinal Technical High School Improvements
This bill allows the State Bond Commission to issue state bonds so the Department of Education can provide a grant-in-aid for capital improvements at Vinal Technical High School in Middletown.
What This Bill Does
- Empowers the State Bond Commission to authorize the sale of state bonds under section 3-20 of the general statutes.
- Directs that bond proceeds be used by the Department of Education for a grant-in-aid.
- Requires funds to be used only for capital improvements at Vinal Technical High School in Middletown.
Who It Names or Affects
- Vinal Technical High School
- The State Bond Commission
- The Department of Education
Terms To Know
- Bonds
- Money the state borrows now and promises to pay back later.
- Capital improvements
- Major repairs, upgrades, or new construction for buildings and facilities.
- Grant-in-aid
- Money given by the government to a specific group without needing repayment.
Limits and Unknowns
- The exact dollar amount of bonds is not listed in this text.
- No effective date for when the funding begins is provided here.
- The bill does not specify which buildings or projects will be improved first.