Plain English Breakdown
The effective date is unknown as it was not listed in the provided text, though the bill has passed the legislature.
State Bonds for Camp Laurel Purchase and Dam Repair
This bill allows the state to issue bonds worth up to $400,000 so it can buy Camp Laurel and fix a dam in Lebanon.
What This Bill Does
- Empowers the State Bond Commission to authorize issuing state bonds.
- Limits the total amount of new debt to four hundred thousand dollars.
- Requires that bond money goes to the Department of Energy and Environmental Protection.
- Funds the purchase of Camp Laurel property.
- Pays for repairs on a dam located in the town of Lebanon.
Who It Names or Affects
- The State Bond Commission
- The Department of Energy and Environmental Protection
Limits and Unknowns
- The bill does not say when the purchase or repairs will start.
- The text does not explain how much of the $400,000 goes to buying the camp versus fixing the dam.