General Assembly Proposed Bill No. 6567
January Session, 2015 LCO No. 2474
*02474*
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
REP. MCCRORY, 7th Dist.
General Assembly
Proposed Bill No. 6567
January Session, 2015
LCO No. 2474
*02474*
Referred to Committee on PLANNING AND DEVELOPMENT
Introduced by:
REP. MCCRORY, 7th Dist.
AN ACT ALLOWING CERTAIN TOWNS TO CREATE SCHOLARSHIP FUNDS THROUGH MUNICIPAL BONDING.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That chapter 109 of the general statutes be amended to allow distressed municipalities to authorize issuance of bonds to fund a scholarship fund for tuition for residents of the municipality attending public institutions of higher education in this state.
Statement of Purpose:
To authorize distressed municipalities to fund scholarships through municipal bonding.