Connecticut House Bill HB05699

Connecticut 2015 Regular Session

• Introduced: 1/21/15
• Refer: 1/21/15

Caption

An Act Authorizing Bonds For The Repair Of The Lewis Pond Dam In North Stonington.

Impact

The bill's passage would directly impact environmental infrastructure maintenance within the state of Connecticut. By ensuring funding for necessary repairs, it aims to enhance the safety of the dam, which, if left unaddressed, could pose risks such as flooding or waterway disruptions. This legislative action demonstrates an ongoing commitment to environmental protection and public safety, as well as support for local government initiatives aimed at preserving essential infrastructure. Additionally, it reflects a prioritization of funding infrastructure improvements that benefit the community.

Summary

House Bill 05699 is aimed at authorizing the issuance of bonds to fund repairs to the Lewis Pond Dam located in North Stonington. The bill proposes to empower the State Bond Commission to authorize the issuance of bonds up to a principal amount of $450,000. The proceeds from these bonds would be allocated to the Department of Energy and Environmental Protection, which will then provide a grant-in-aid to the local government for the intended repairs. This funding is crucial for maintaining the safety and functionality of the dam, which plays an important role in local water management and environmental conservation efforts.

Contention

As with many funding-related bills, there may be discussions regarding the allocation of state resources, particularly in relation to how the state prioritizes which infrastructure projects receive funding through bond issuance. Debates may arise concerning the fiscal responsibility of incurring debt through bonds for local projects versus other potential state funded needs. Arguments may include the need for transparency in how funds are used and the long-term implications of taking on additional bonds in light of overall state financial health.