AN ACT AUTHORIZING BONDS OF THE STATE FOR THE EXPANSION OF BILL LIBRARY IN THE TOWN OF LEDYARD.

Plain English Breakdown

The official source material does not specify how bond money will be repaid or what additional services the expanded library might provide.

Act to Expand Bill Library with State Bonds

This act allows the state to issue bonds up to one million dollars to fund the expansion of the Bill Library in Ledyard.

What This Bill Does

• Allows the State Bond Commission to issue bonds for the town of Ledyard.
• Limits the total amount of bonds that can be issued to one million dollars.
• Requires the Department of Economic and Community Development to use bond proceeds as a grant-in-aid for the Bill Library expansion.

Who It Names or Affects

• The town of Ledyard
• The State Bond Commission
• The Department of Economic and Community Development

Terms To Know

State Bonds

Money borrowed by the state to fund projects or services.

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 bond money will be repaid.
• It is unclear what additional services or benefits the expanded library might provide beyond its current offerings.

Official Summary Text

To provide funding for the expansion of the Bill Library in the town of Ledyard.

Current Bill Text

LCO No. 904 1 of 1

General Assembly Proposed Bill No. 165
February Session, 2026 LCO No. 904

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
SEN. OSTEN, 19th Dist.
REP. PEMBERTON, 139th Dist.

AN ACT AUTHORIZING BONDS OF THE STATE FOR THE
EXPANSION OF BILL LIBRARY IN THE TOWN OF LEDYARD.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the State Bond Commission be empowered to authorize the 1
issuance of bonds of the state in accordance with section 3 -20 of the 2
general statutes, in principal amounts not exceeding in the aggregate 3
one million dollars, the proceeds of which shall be used by the 4
Department of Economic and Community Development for the purpose 5
of providing a grant-in-aid to the town of Ledyard for the expansion of 6
the Bill Library. 7
Statement of Purpose:
To provide funding for the expansion of the Bill Library in the town of
Ledyard.