Plain English Breakdown
Checked against official source text during the last sync.
Act Allowing State Bonds for Church Renovations
This act allows the state to issue bonds up to $600,000 to fund renovations at St. Mary of the Immaculate Conception in Baltic.
What This Bill Does
- Allows the State Bond Commission to issue bonds for up to $600,000.
- The money from these bonds will be used as a grant by the Department of Economic and Community Development.
- This grant is meant to help St. Mary of the Immaculate Conception in Baltic with renovations.
Who It Names or Affects
- St. Mary of the Immaculate Conception church in Baltic
- The State Bond Commission
Terms To Know
- State Bonds
- Money borrowed by the state to fund projects.
- Grant-in-aid
- Financial assistance given by a government agency to support specific projects or activities.
Limits and Unknowns
- The bill does not specify how much of the $600,000 will go towards each part of the renovation.
- It is unclear what other structures besides the bell tower are included in the renovations.