Plain English Breakdown
Checked against official source text during the last sync.
Act to Fund Restoration of Pinney House
This act allows the state to issue bonds up to one million dollars to fund the restoration and renovation of the historic Pinney House in Ellington.
What This Bill Does
- Allows the State Bond Commission to issue bonds for the Pinney House project.
- Limits the total bond amount to one million dollars.
- Requires that funds go to the Department of Economic and Community Development.
- Funds can be given as a grant to Ellington or a nonprofit chosen by the town.
Who It Names or Affects
- The State Bond Commission
- Department of Economic and Community Development
- Town of Ellington
- Nonprofit organizations in Ellington
Terms To Know
- State Bond Commission
- A group that decides if the state can issue bonds.
- Grant-in-aid
- Money given by one government to another for a specific purpose.
Limits and Unknowns
- The bill does not specify how the funds will be used beyond restoration and renovation.
- It is unclear if there are any restrictions on who can receive the grant-in-aid money.