Connecticut House Bill HB05322

Connecticut 2016 Regular Session

• Introduced: 2/18/16
• Refer: 2/18/16

Caption

An Act Authorizing Bonds Of The State For The Soundproofing Of The Oakdale Theatre.

Impact

The enactment of HB 05322 would have a direct impact on state financial regulations and bond issuance processes. By providing funding for soundproofing, the bill intends to enhance the operational capabilities of the Oakdale Theatre, potentially benefiting both the local community and the surrounding economy. Improved soundproofing may lead to increased usage of the venue for various events, thereby drawing more visitors and generating additional revenue for local businesses and services.

Summary

House Bill 05322, introduced by Representative Mushinsky, aims to authorize the issuance of state bonds specifically for the purpose of soundproofing the Oakdale Theatre located in Wallingford. The bill proposes that the State Bond Commission be empowered to issue bonds not exceeding a total of $1.2 million. The proceeds from these bonds would be directed to the Department of Economic and Community Development, which would use the funds to provide a grant-in-aid to the theatre for its soundproofing project.

Contention

While the bill primarily focuses on infrastructural improvement, discussions around it may center on the appropriateness of using state funds for the theatre's soundproofing needs. Some stakeholders might argue about the prioritization of public funds and whether such investments in entertainment venues align with broader state budgetary constraints and community needs. Notably, discussions could also address the importance of supporting cultural institutions within the state and their role in promoting local economic development.