Connecticut Senate Bill SB00213

Connecticut 2011 Regular Session

• Introduced: 1/19/11
• Refer: 1/19/11

Caption

An Act Authorizing The Issuance Of Bonds For The Community Farm Preservation Program.

Impact

If passed, the bill will empower the State Bond Commission to issue bonds up to a total of two million dollars. The funds generated through these bonds will be allocated to the Department of Agriculture, enabling it to finance efforts aimed at preserving community farms across the state. This could potentially lead to positive outcomes for local economies by ensuring that agricultural lands remain productive and accessible for future generations.

Summary

SB00213 aims to authorize the issuance of bonds specifically for the Community Farm Preservation Program. The bill, which is brought forth by Senator Roraback, is designed to facilitate funding that will support agricultural initiatives and community development focused on preserving farmland. This initiative is crucial for maintaining sustainable farming practices and supporting local agriculture, reflecting a commitment to environmental stewardship and economic resilience in farming communities.

Contention

While the bill has the potential to benefit farmers and promote widespread agricultural sustainability, it may also face scrutiny regarding the allocation of state resources. Some legislators and stakeholders may question the efficacy of issuing state bonds when other funding methods could be employed. Concerns may also arise about the long-term fiscal implications of bond issuance, as it impacts the state’s overall financial obligations and debt level.