Connecticut Senate Bill SB01067

Connecticut 2011 Regular Session

• Introduced: 2/24/11
• Refer: 2/24/11

Caption

An Act Concerning The Creation Of A Quasi-public State-wide Port Authority.

Impact

The creation of the State-Wide Port Authority will amend the existing structure of port management in Connecticut, consolidating responsibilities under a singular body rather than leaving them dispersed across local port authorities. By doing this, the bill seeks to streamline operations and improve efficiency in the handling of port-related economic activities. Furthermore, it provides frameworks for the authority to obtain federal funding for infrastructure projects, thereby aligning state resources with federal financing opportunities. This could lead to significant enhancements in the state's shipping capabilities and economic performance as ports are upgraded to handle larger volumes of trade.

Summary

SB01067 establishes a State-Wide Port Authority in Connecticut with the purpose of coordinating and facilitating state investment at each of its deepwater ports. This quasi-public entity is aimed at enhancing port development through a combination of public and private investments, supporting improvements in port infrastructure, and promoting economic growth. The authority will oversee the management of funds for capital projects, loans, and grants and will play a critical role in marketing the state’s ports to the shipping industry both nationally and internationally.

Contention

While the bill offers promising benefits regarding transportation and economic opportunities, it may raise concerns about local control over port affairs. Some stakeholders argue that local port authorities might lose influence and decision-making power as authority moves to a centralized port entity. Additionally, questions about the accountability and governance structure of the new authority could emerge as public and private interests are integrated, potentially leading to conflicts over priorities in port management and development.