General Assembly Substitute Bill No. 6602
January Session, 2013 *_____HB06602FIN___040413____*
General Assembly
Substitute Bill No. 6602
January Session, 2013
*_____HB06602FIN___040413____*
AN ACT CONCERNING A RENEWAL PERIOD FOR CERTAIN TEMPORARY NOTES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (Effective from passage) Notwithstanding the provisions of sections 7-378, 7-378a, 10-56 and 10-287f of the general statutes, and any other public or special act or charter or bond ordinance or bond resolution that limits the issuance or renewal of temporary notes issued in anticipation of the receipt of state school building project grants, temporary notes issued by the town of Seymour on November 15, 2012, may be renewed for a period extending past such temporary notes' May 1, 2013, maturity, provided such temporary notes shall not be renewed for a period extending past May 1, 2014.
This act shall take effect as follows and shall amend the following sections:
Section 1 from passage New section
This act shall take effect as follows and shall amend the following sections:
Section 1
from passage
New section
Statement of Legislative Commissioners:
Sections 10-56 and 10-278f of the general statutes were added to the "notwithstanding" phrase, for accuracy, and the phrase "for a period extending past" was added to clarify that the dates herein are the deadlines for maturity, rather than for renewal.
FIN Joint Favorable Subst. -LCO
FIN
Joint Favorable Subst. -LCO