Connecticut House Bill HB05266

Connecticut 2012 Regular Session

• Introduced: 2/23/12
• Refer: 2/23/12

Caption

An Act Authorizing Bonds Of The State For The Shakespeare Theatre In Stratford.

Impact

This legislation could have a positive impact on the local economy by enhancing cultural facilities that attract visitors and promote local tourism. The renovations funded by this bill may result in increased attendance at the theater, which, in turn, could lead to further economic benefits for nearby businesses. Supporters argue that investing in local arts and culture can stimulate job creation and provide long-term economic development benefits, potentially revitalizing the Stratford area.

Summary

House Bill 05266 is an act that authorizes the state to issue bonds to provide funding for improvements and renovations to the Shakespeare Theatre in Stratford. The bill allows the State Bond Commission to authorize the issuance of bonds, not to exceed one million dollars in total. The generated revenue from these bonds is intended to be allocated by the Department of Economic and Community Development specifically for the theater's enhancements, aiming to both preserve and elevate the cultural significance of this historic establishment in Connecticut.

Contention

While the bill aims to improve the Shakespeare Theatre, it could face contention regarding the expenditure of state funds, particularly in light of competing needs for funding in other sectors such as education or public infrastructure. Critics may argue that while cultural enhancements are important, prioritizing funding for the arts amidst budget constraints can be controversial, especially if alternatives for financial allocation are overlooked. The decision to allocate significant funds to one venue could spark debate among lawmakers about the equitable distribution of state resources.