General Assembly Proposed Bill No. 5033 January Session, 2013 LCO No. 376 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. LAVIELLE, 143rd Dist. General Assembly Proposed Bill No. 5033 January Session, 2013 LCO No. 376 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: REP. LAVIELLE, 143rd Dist. AN ACT CONCERNING THE USE OF BOND PROCEEDS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to prohibit the use of bond proceeds to pay for operating expenses. Statement of Purpose: To ensure that the state is not borrowing money to cover daily expenses.