Plain English Breakdown
The official status shows the bill passed the legislature but was referred to a committee on February 11, 2026; final enactment or effective date is unknown based on this text.
Funding for the Sprague Streetscape Extension
This bill allows the state to issue up to $1 million in bonds to give a grant to the town of Sprague to extend its streetscape project, including playground upgrades and new streetlights.
What This Bill Does
- Authorizes the State Bond Commission to sell up to one million dollars in state bonds.
- Requires the Department of Economic and Community Development to use bond money as a grant-in-aid for the town of Sprague.
- Funds the upgrade of all three municipal playgrounds in Sprague.
- Pays for ten new streetlights that match the standard used on Main Street in Baltic.
- Installs flashing lights at both schools in the area.
- Provides money to install an informational electronic bulletin board.
Who It Names or Affects
- The town of Sprague
- Residents who use municipal playgrounds and streets in Sprague
Terms To Know
- Bonds
- Money that a government borrows by selling certificates to investors, which it must pay back with interest.
- Grant-in-aid
- Financial help given by the state to a local town for a specific project without requiring repayment.
Limits and Unknowns
- The bill sets a maximum funding limit of one million dollars.
- The text does not list an effective date or when construction will begin.
- The source does not specify how the town must pay for any costs that exceed this grant amount.