AN ACT AUTHORIZING BONDS OF THE STATE FOR STUDENT HOUSING AT THE AVERY POINT CAMPUS OF THE UNIVERSITY OF CONNECTICUT.

Plain English Breakdown

The official source does not define what 'bonds' are or how they work financially beyond authorizing their issuance.

Bond Authorization for UConn Student Housing

This bill allows the State Bond Commission to authorize up to $40 million in state bonds to fund the design and construction of student housing at the University of Connecticut's Avery Point Campus.

What This Bill Does

• Empowers the State Bond Commission to authorize the sale of state bonds under section 3-20 of the general statutes.
• Sets a total limit on bond amounts not exceeding forty million dollars.
• Requires that money from these bonds be used by The University of Connecticut for designing and building student housing at the Avery Point Campus.

Who It Names or Affects

• The State Bond Commission
• The University of Connecticut

Limits and Unknowns

• The bill does not list a specific effective date.
• The text states the goal is to increase student population but does not specify how many new students are expected.

Official Summary Text

To provide funding for student housing at the Avery Point Campus of The University of Connecticut and increase the student population.

Current Bill Text

LCO No. 878 1 of 1

General Assembly Proposed Bill No. 175
February Session, 2026 LCO No. 878

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
SEN. OSTEN, 19th Dist.
SEN. MARX, 20th Dist.
REP. BUMGARDNER, 41st Dist.
REP. GAUTHIER, 38th Dist.
REP. MENAPACE, 37th Dist.
REP. PEMBERTON, 139th Dist.
REP. WILSON, 46th Dist.
REP. GAIEWSKI, 40th Dist.
REP. NOLAN, 39th Dist.

AN ACT AUTHORIZING BONDS OF THE STATE FOR STUDENT
HOUSING AT THE AVERY POINT CAMPUS OF THE UNIVERSITY OF
CONNECTICUT.
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
forty million dollars, the proceeds of which shall be used by The 4
University of Connecticut for the design and construction of student 5
housing at the Avery Point Campus. 6
Statement of Purpose:
To provide funding for student housing at the Avery Point Campus of
The University of Connecticut and increase the student population.