General Assembly Proposed Bill No. 6883
January Session, 2017 LCO No. 2337
*02337*
Referred to Committee on HUMAN SERVICES
Introduced by:
REP. DEMICCO, 21st Dist.
General Assembly
Proposed Bill No. 6883
January Session, 2017
LCO No. 2337
*02337*
Referred to Committee on HUMAN SERVICES
Introduced by:
REP. DEMICCO, 21st Dist.
AN ACT AUTHORIZING BONDS OF THE STATE FOR NONPROFIT HEALTH AND HUMAN SERVICES ORGANIZATIONS TO FUND CAPITAL IMPROVEMENTS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the State Bond Commission be empowered to authorize the issuance of bonds of the state in accordance with section 3-20 of the general statutes, in principal amounts not exceeding in the aggregate fifty million dollars, the proceeds of which shall be used by the Secretary of the Office of Policy and Management for a nonprofit grant program that allows nonprofit health and human services organizations, exempt under Section 501(c)(3) of the Internal Revenue Code of 1986, to receive grants-in-aid for capital and infrastructure projects that include renovating existing facilities, upgrading information technology systems, enhancing compliance with the Americans with Disabilities Act, improving energy systems and purchasing vehicles.
Statement of Purpose:
To provide funding for nonprofit health and human services organizations to undertake capital improvements.