Connecticut 2019 Regular Session

Connecticut House Bill HB06029 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 2208 1 of 1
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55 General Assembly Proposed Bill No. 6029
66 January Session, 2019
77 LCO No. 2208
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1010 Referred to Committee on FINANCE, REVENUE AND
1111 BONDING
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1414 Introduced by:
1515 REP. LUXENBERG, 12th Dist.
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1919 AN ACT AUTHORIZING BONDS OF THE STATE FOR A GRANT -IN-AID
2020 TO THE CONNECTICUT FOUNDATION SOLUTIONS INDEMNITY
2121 COMPANY, LLC.
2222 Be it enacted by the Senate and House of Representatives in General
2323 Assembly convened:
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2525 That the State Bond Commission be empowered to authorize the 1
2626 issuance of bonds of the state in accordance with section 3-20 of the 2
2727 general statutes, in principal amounts not exceeding in the aggregate 3
2828 one billion dollars, provided one hundred million dollars of said 4
2929 authorization shall be available on July first of each fiscal year for ten 5
3030 years beginning with the fiscal year that begins July 1, 2019, the 6
3131 proceeds of which shall be used by the Department of Housing for the 7
3232 purpose of providing a grant-in-aid to the Connecticut Foundation 8
3333 Solutions Indemnity Company, LLC. 9
3434 Statement of Purpose:
3535 To provide funding for a grant-in-aid to the Connecticut Foundation
3636 Solutions Indemnity Company, LLC.