Connecticut 2019 Regular Session

Connecticut House Bill HB07209 Latest Draft

Bill / Comm Sub Version Filed 04/17/2019

                             
 
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General Assembly  Substitute Bill No. 7209  
January Session, 2019 
 
 
 
 
 
AN ACT ESTABLISHING THE CONNECTICUT MUNI CIPAL 
REDEVELOPMENT AUTHOR ITY.  
Be it enacted by the Senate and House of Representatives in General 
Assembly convened: 
 
Section 1. (NEW) (Effective October 1, 2019) For the purposes of this 1 
section and sections 2 to 12, inclusive, of this act: 2 
(1) "Authority" means the Connecticut Municipal Redevelopment 3 
Authority established in section 2 of this act; 4 
(2) "Authority development project" means a project occurring 5 
within the boundaries of a Connecticut Municipal Redevelopment 6 
Authority development district; 7 
(3) "Connecticut Municipal Redevelopment Authority development 8 
district" or "development district" means the area determined by a 9 
memorandum of agreement between the authority and the chief 10 
executive officer of the member municipality where such development 11 
district is located, provided such area shall be considered a downtown 12 
or does not exceed a one-half-mile radius of a transit station; 13 
(4) "Designated tier III municipality" has the same meaning as 14 
provided in section 7-560 of the general statutes; 15 
(5) "Designated tier IV municipality" has the same meaning as 16  Substitute Bill No. 7209 
 
 
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provided in section 7-560 of the general statutes; 17 
(6) "Downtown" means a central business district or other 18 
commercial neighborhood area of a community that serves as a center 19 
of socioeconomic interaction in the community, characterized by a 20 
cohesive core of commercial and mixed -use buildings, often 21 
interspersed with civic, religious and residential buildings and public 22 
spaces, that are typically arranged along a main street and intersecting 23 
side streets and served by public infrastructure; 24 
(7) "Member municipality" means (A) any municipality with a 25 
population of seventy thousand or more that opts to join the 26 
Connecticut Municipal Redevelopment Authority in accordance with 27 
section 5 of this act, or (B) any designated tier III or tier IV 28 
municipality. "Member municipality" does not include the city of 29 
Hartford or any municipality that is considered part of the capital 30 
region, as defined in section 32-600 of the general statutes; 31 
(8) "Project" means any or all of the following: (A) The design and 32 
construction of transit-oriented development, as defined in section 33 
13b-79kk of the general statutes; (B) the creation of housing units 34 
through rehabilitation or new construction; (C) the demolition or 35 
redevelopment of vacant buildings; and (D) development and 36 
redevelopment; 37 
(9) "State-wide transportation investment program" means the 38 
planning document developed and updated at least every four years 39 
by the Department of Transportation in compliance with the 40 
requirements of 23 USC 135, listing all transportation projects in the 41 
state expected to receive federal funding during the four-year period 42 
covered by the program; and 43 
(10) "Transit station" means any passenger railroad station or bus 44 
rapid transit station that is operational, or for which the Department of 45 
Transportation has initiated planning or that is included in the state-46 
wide transportation investment program, that is or will be located 47  Substitute Bill No. 7209 
 
 
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within the boundaries of a member municipality. 48 
Sec. 2. (NEW) (Effective October 1, 2019) (a) There is hereby 49 
established and created a body politic and corporate, constituting a 50 
public instrumentality and political subdivision of the state established 51 
and created for the performance of an essential public and 52 
governmental function, to be known as the Connecticut Municipal 53 
Redevelopment Authority. The authority shall not be construed to be a 54 
department, institution or agency of the state. 55 
(b) The powers of the authority shall be vested in and exercised by a 56 
board of directors, which shall consist of the following members: (1) 57 
Two appointed jointly by the speaker of the House of Representatives 58 
and the president pro tempore of the Senate, one of whom shall be the 59 
chief executive officer of a member municipality in New Haven 60 
County; (2) two appointed jointly by the majority leaders of the House 61 
of Representatives and the Senate, one of whom shall be the chief 62 
executive officer of a member municipality in Hartford County; (3) two 63 
appointed jointly by the minority leaders of the House of 64 
Representatives and the Senate, one of whom shall be the chief 65 
executive officer of a member municipality in Fairfield County; (4) two 66 
appointed by the Governor; and (5) the Secretary of the Office of Policy 67 
and Management, the Labor Commissioner and the Commissioners of 68 
Transportation, Housing and Economic and Community 69 
Development, or their designees, who shall serve as ex-officio, voting 70 
members of the board. 71 
(c) The Governor shall designate the chairperson of the board from 72 
among the members. All initial appointments shall be made not later 73 
than sixty days after the effective date of this section. All members 74 
shall be appointed by the original appointing authority for four-year 75 
terms. Any member of the board shall be eligible for reappointment. 76 
Any vacancy occurring other than by expiration of term shall be filled 77 
in the same manner as the original appointment for the balance of the 78 
unexpired term. The appointing authority for any member may 79 
remove such member for misfeasance, malfeasance or wilful neglect of 80  Substitute Bill No. 7209 
 
 
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duty. 81 
(d) Each member of the board, before commencing such member's 82 
duties, shall take and subscribe the oath or affirmation required by 83 
section 1 of article eleventh of the Constitution of the state. A record of 84 
each such oath shall be filed in the office of the Secretary of the State. 85 
(e) The board of directors shall maintain a record of its proceedings 86 
in such form as it determines, provided such record indicates 87 
attendance and all votes cast by each member. Any appointed member 88 
who fails to attend three consecutive meetings or who fails to attend 89 
fifty per cent of all meetings held during any calendar year shall be 90 
deemed to have resigned from the board. A majority of the members 91 
of the board then in office shall constitute a quorum, and an 92 
affirmative vote by a majority of the members present at a meeting of 93 
the board shall be sufficient for any action taken by the board. No 94 
vacancy in the membership of the board shall impair the right of a 95 
quorum to exercise all the rights and perform all the duties of the 96 
board. Any action taken by the board may be authorized by resolution 97 
at any regular or special meeting and shall take effect immediately 98 
unless otherwise provided in the resolution. The board may delegate 99 
to three or more of its members, or its officers, agents or employees, 100 
such board powers and duties as it may deem proper. 101 
(f) The board of directors shall annually elect one of its members as 102 
a vice-chairperson, and shall elect other of its members as officers, 103 
adopt a budget and bylaws, designate an executive committee, report 104 
semiannually to the appointing authorities with respect to operations, 105 
finances and achievement of its economic development objective, be 106 
accountable to and cooperate with the state whenever the state may 107 
audit the Connecticut Municipal Redevelopment Authority or an 108 
authority development project or at any other time as the state may 109 
inquire as to either, including allowing the state reasonable access to 110 
any such project and to the records of the authority. 111 
(g) The chairperson of the board, with the approval of the members 112  Substitute Bill No. 7209 
 
 
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of the board of directors, shall appoint an executive director of the 113 
authority who shall be an employee of the authority and paid a salary 114 
prescribed by the members. The executive director shall be the chief 115 
administrative officer of the authority and shall supervise the 116 
administrative affairs and technical activities of the authority in 117 
accordance with the directives of the board. The executive director 118 
shall not be a member of the board. 119 
(h) Each member of the board of directors shall be entitled to 120 
reimbursement for such member's actual and necessary expenses 121 
incurred during the performance of such member's official duties, but 122 
shall receive no compensation for the performance of such duties. 123 
Notwithstanding the provisions of section 2-15 of the general statutes, 124 
no member of the board of directors shall receive mileage 125 
reimbursement or a transportation allowance for traveling to a meeting 126 
of the board of directors. 127 
(i) Each member of the board of directors of the authority and the 128 
executive director shall execute a surety bond in the penal sum of at 129 
least one hundred thousand dollars, or, in lieu thereof, the chairperson 130 
of the board shall execute a blanket position bond or procure an 131 
equivalent insurance product covering each member, the executive 132 
director and the employees of the authority. Each surety bond or 133 
equivalent insurance product shall be conditioned upon the faithful 134 
performance of the duties of the office or offices covered, issued by an 135 
insurance company authorized to transact business in this state for 136 
surety or such insurance product. The cost of each such bond or 137 
insurance product shall be paid by the authority. 138 
(j) No board member, or member of his or her immediate family, as 139 
defined in section 1-91 of the general statutes, shall have or acquire any 140 
financial interest in (1) any authority development project, or (2) any 141 
property included or planned to be included in any such project or in 142 
any contract or proposed contract for materials or services to be used 143 
in such project. 144  Substitute Bill No. 7209 
 
 
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(k) The authority shall have perpetual succession and shall adopt 145 
procedures for the conduct of its affairs in accordance with section 4 of 146 
this act. Such succession shall continue as long as the authority has 147 
bonds, notes or other obligations outstanding and until its existence is 148 
terminated by law, provided no such termination shall affect any 149 
outstanding contractual obligation of the authority and the state shall 150 
succeed to the obligations of the authority under any contract. Upon 151 
the termination of the existence of the authority, all its rights and 152 
properties shall pass to and be vested in the state. 153 
Sec. 3. (NEW) (Effective October 1, 2019) (a) The purposes of the 154 
Connecticut Municipal Redevelopment Authority shall be to: (1) 155 
Stimulate economic and transit-oriented development, as defined in 156 
section 13b-79kk of the general statutes, within Connecticut Municipal 157 
Redevelopment Authority development districts; (2) encourage 158 
residential housing development within development districts; (3) 159 
manage facilities through contractual agreement or other legal 160 
instrument; (4) stimulate new investment within development districts 161 
and provide support for the creation of vibrant, multidimensional 162 
downtowns; (5) upon request of the legislative body of a member 163 
municipality in which a development district is located, work with 164 
such municipality to assist in development and redevelopment efforts 165 
to stimulate the economy of such municipality; (6) upon request of the 166 
Secretary of the Office of Policy and Management and with the 167 
approval of the chief executive officer of a member municipality in 168 
which a development district is located, enter into an agreement to 169 
facilitate development or redevelopment within such development 170 
district; (7) encourage development and redevelopment of property 171 
within development districts; (8) engage residents of member 172 
municipalities and other stakeholders in development and 173 
redevelopment efforts; and (9) market and develop development 174 
districts as vibrant and multidimensional. 175 
(b) For the purposes enumerated in subsection (a) of this section, the 176 
authority is authorized and empowered to: 177  Substitute Bill No. 7209 
 
 
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(1) Have perpetual succession as a body politic and corporate and to 178 
adopt procedures for the regulation of its affairs and the conduct of its 179 
business, as provided in section 4 of this act; 180 
(2) Adopt a corporate seal and alter the same at pleasure; 181 
(3) Maintain an office at such place or places as it may designate; 182 
(4) Sue and be sued in its own name, plead and be impleaded; 183 
(5) Contract and be contracted with; 184 
(6) (A) Employ such assistants, agents and other employees as may 185 
be necessary or desirable to carry out its purposes, which employees 186 
shall be exempt from the classified service and shall not be employees, 187 
as defined in subsection (b) of section 5-270 of the general statutes; (B) 188 
establish all necessary or appropriate personnel practices and policies, 189 
including those relating to hiring, promotion, compensation, 190 
retirement and collective bargaining, which need not be in accordance 191 
with chapter 68 of the general statutes. For the purposes of this 192 
subdivision, the authority shall not be an employer, as defined in 193 
subsection (a) of section 5-270 of the general statutes, and for the 194 
purposes of group welfare benefits and retirement, including, but not 195 
limited to, those provided under chapter 66 of the general statutes and 196 
sections 5-257 and 5-259 of the general statutes, the officers and all 197 
other employees of the authority shall be state employees; and (C) 198 
engage consultants, attorneys and appraisers as may be necessary or 199 
desirable to carry out its purposes in accordance with sections 2 to 12, 200 
inclusive, of this act; 201 
(7) Acquire, lease, purchase, own, manage, hold and dispose of 202 
personal property, and lease, convey or deal in or enter into 203 
agreements with respect to such property on any terms necessary or 204 
incidental to carrying out the purposes set forth in this section; 205 
(8) Procure insurance against any liability or loss in connection with 206 
its property and other assets, in such amounts and from such insurers 207  Substitute Bill No. 7209 
 
 
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as it deems desirable and procure insurance for employees; 208 
(9) Invest any funds not needed for immediate use or disbursement 209 
in obligations issued or guaranteed by the United States or the state, 210 
including the Short Term Investment Fund and the Tax-Exempt 211 
Proceeds Fund, and in other obligations that are legal investments for 212 
savings banks in this state, and in-time deposits or certificates of 213 
deposit or other similar banking arrangements secured in such manner 214 
as the authority determines; 215 
(10) Enter into such memoranda of agreement as the authority 216 
deems appropriate to carry out its responsibilities under this section; 217 
and 218 
(11) Do all acts and things necessary or convenient to carry out the 219 
purposes of, and the powers expressly granted by, this section. 220 
(c) In addition to the powers enumerated in subsection (b) of this 221 
section, the Connecticut Municipal Redevelopment Authority shall 222 
have the following powers with respect to authority development 223 
projects: 224 
(1) (A) To acquire by gift, purchase, lease or transfer, lands or rights-225 
in-land and to sell and lease or sublease, as lessor or lessee or sublessor 226 
or sublessee, any portion of its real property rights, including air space 227 
above, and enter into related common area maintenance, easement, 228 
access, support and similar agreements, and own and operate facilities 229 
associated with authority development projects, provided such activity 230 
is consistent with all applicable federal tax covenants of the authority; 231 
(B) to transfer or dispose of any property or interest therein acquired 232 
by the authority at any time; and (C) to receive and accept aid or 233 
contributions from any source of money, labor, property or other thing 234 
of value, to be held, used and applied to carry out the purposes of this 235 
section, subject to the conditions upon which such grants and 236 
contributions are made, including, but not limited to, gifts or grants 237 
from any department, agency or instrumentality of the United States or 238  Substitute Bill No. 7209 
 
 
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this state for any purpose consistent with this section, provided (i) the 239 
authority shall provide opportunity for public comment prior to any 240 
acquisition, transfer or disposal in accordance with this subdivision, 241 
and (ii) any land or right-in-land, aid or contribution received by the 242 
authority under this subdivision shall be subject to the provisions of 243 
chapter 10 of the general statutes; 244 
(2) In consultation with the chief executive officer of the 245 
municipality in which an authority development project is located, and 246 
after the authority has provided an opportunity for public comment, to 247 
condemn properties that may be necessary or desirable to effectuate 248 
the purposes of the authority, in accordance with the provisions of part 249 
I of chapter 835 of the general statutes; 250 
(3) To formulate plans for, acquire, finance and develop, lease, 251 
purchase, construct, reconstruct, repair, improve, expand, extend, 252 
operate, maintain and market facilities associated with authority 253 
development projects, provided such activities are consistent with all 254 
applicable federal tax covenants of the authority; 255 
(4) To contract and be contracted with, provided if management, 256 
operating or promotional contracts or agreements or other contracts or 257 
agreements are entered into with nongovernmental parties with 258 
respect to property financed with the proceeds of obligations, the 259 
interest on which is excluded from gross income for federal income 260 
taxation, the board of directors shall ensure that such contracts or 261 
agreements are in compliance with the covenants of the authority 262 
upon which such tax exclusion is conditioned; 263 
(5) To fix and revise, from time to time, and to charge and collect 264 
fees, rents and other charges for the use, occupancy or operation of 265 
authority development projects, and to establish and revise from time 266 
to time procedures concerning the use, operation and occupancy of 267 
facilities associated with such projects, including parking rates, rules 268 
and procedures, provided such arrangements are consistent with all 269 
applicable federal tax covenants of the authority, and to utilize net 270  Substitute Bill No. 7209 
 
 
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revenues received by the authority from the operation of such 271 
facilities, after allowance for operating expenses and other charges 272 
related to the ownership, operation or financing thereof, for other 273 
proper purposes of the authority, including, but not limited to, 274 
funding of operating deficiencies or operating or capital replacement 275 
reserves for such facilities and related parking facilities, as determined 276 
to be appropriate by the authority; 277 
(6) To engage architects, engineers, attorneys, accountants, 278 
consultants and such other independent professionals as may be 279 
necessary or desirable to carry out authority development projects; 280 
(7) To contract for construction, development, concessions and the 281 
procurement of goods and services, and to establish and modify 282 
procurement procedures from time to time in accordance with the 283 
provisions of section 4 of this act to implement the foregoing; 284 
(8) To borrow money and to issue bonds, notes and other 285 
obligations of the authority to the extent permitted under section 8 of 286 
this act, to fund and refund the same and to provide for the rights of 287 
the holders thereof and to secure the same by pledge of assets, 288 
revenues and notes; 289 
(9) To do anything necessary and desirable, including executing 290 
reimbursement agreements or similar agreements in connection with 291 
credit facilities, including, but not limited to, letters of credit or policies 292 
of bond insurance, remarketing agreements and agreements for the 293 
purpose of moderating interest rate fluctuations, to render any bonds 294 
to be issued pursuant to section 8 of this act more marketable; and 295 
(10) To engage in and contract for marketing and promotional 296 
activities for authority development projects under the operation or 297 
jurisdiction of the authority. 298 
(d) The Connecticut Municipal Redevelopment Authority and the 299 
Capital Region Development Authority, established pursuant to 300 
chapter 588x of the general statutes, may enter into a memorandum of 301  Substitute Bill No. 7209 
 
 
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agreement pursuant to which: (1) Administrative support and services, 302 
including all staff support necessary for the operations of the 303 
Connecticut Municipal Redevelopment Authority may be provided by 304 
the Capital Region Development Authority, and (2) provision is made 305 
for the coordination of management and operational activities that 306 
may include: (A) Joint procurement and contracting; (B) the sharing of 307 
services and resources; (C) the coordination of promotional activities; 308 
and (D) other arrangements designed to enhance revenues, reduce 309 
operating costs or achieve operating efficiencies. The terms and 310 
conditions of such memorandum of agreement, including provisions 311 
with respect to the reimbursement by the Connecticut Municipal 312 
Redevelopment Authority to the Capital Region Development 313 
Authority of the costs of such administrative support and services, 314 
shall be as the Connecticut Municipal Redevelopment Authority and 315 
the Capital Region Development Authority determine to be 316 
appropriate. 317 
(e) The authority shall have the power to negotiate, and, with the 318 
approval of the Secretary of the Office of Policy and Management, to 319 
enter into an agreement with any private developer, owner or lessee of 320 
any building or improvement located on land in a development 321 
district providing for payments to the authority in lieu of real property 322 
taxes. Such an agreement shall be made a condition of any private 323 
right of development within the development district, and shall 324 
include a requirement that such private developer, owner or lessee 325 
make good faith efforts to hire, or cause to be hired, available and 326 
qualified minority business enterprises, as defined in section 4a-60g of 327 
the general statutes, to provide construction services and materials for 328 
improvements to be constructed within the development district in an 329 
effort to achieve a minority business enterprise utilization goal of ten 330 
per cent of the total costs of construction services and materials for 331 
such improvements. Such payments to the authority in lieu of real 332 
property taxes shall have the same lien and priority, and may be 333 
enforced by the authority in the same manner, as provided for 334 
municipal real property taxes. Such payments as received by the 335  Substitute Bill No. 7209 
 
 
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authority shall be used to carry out the purposes of the authority set 336 
forth in subsection (a) of this section. 337 
(f) Nothing in sections 2 to 12, inclusive, of this act shall be 338 
construed as limiting the authority of the Connecticut Municipal 339 
Redevelopment Authority to enter into agreements to facilitate 340 
development or redevelopment of municipal property or facilities. 341 
Sec. 4. (NEW) (Effective October 1, 2019) The board of directors of the 342 
Connecticut Municipal Redevelopment Authority shall adopt written 343 
procedures, in accordance with the provisions of section 1-121 of the 344 
general statutes, for: (1) Adopting an annual budget and plan of 345 
operations, which shall include a requirement of board approval 346 
before the budget or plan may take effect; (2) hiring, dismissing, 347 
promoting and compensating employees of the authority, which shall 348 
include an affirmative action policy and a requirement of board 349 
approval before a position may be created or a vacancy may be filled; 350 
(3) acquiring real and personal property and personal services, which 351 
shall include a requirement of board approval for any nonbudgeted 352 
expenditure in excess of ten thousand dollars; (4) contracting for 353 
financial, legal, bond underwriting and other professional services, 354 
including a requirement that the authority solicit proposals at least 355 
once every three years for each such service that it uses; (5) issuing and 356 
retiring bonds, notes and other obligations of the authority; (6) 357 
providing loans, grants and other financial assistance, which shall 358 
include eligibility criteria, the application process and the role played 359 
by the authority's staff and board of directors; and (7) the use of 360 
surplus funds. 361 
Sec. 5. (NEW) (Effective October 1, 2019) (a) Any municipality with a 362 
population of seventy thousand or more as determined by the most 363 
recent decennial census, except the city of Hartford or any 364 
municipality that is considered part of the capital region, as defined in 365 
section 32-600 of the general statutes, may, by certified resolution of 366 
the legislative body of the municipality, opt to join the Connecticut 367 
Municipal Redevelopment Authority as a member municipality, 368  Substitute Bill No. 7209 
 
 
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provided such municipality holds a public hearing prior to any vote on 369 
such certified resolution. Any designated tier III or tier IV 370 
municipality, except the city of Hartford or any municipality that is 371 
considered part of the capital region as defined in section 32-600 of the 372 
general statutes, shall be deemed a member municipality. 373 
(b) The legislative body of each member municipality shall appoint 374 
an advisory board to serve as liaison to the authority. Such advisory 375 
board (1) shall include three individuals representing the municipality 376 
and the chief executive officer of such municipality, who shall serve as 377 
chairperson of the board, and (2) may include, but need not be limited 378 
to, representatives from local health or human services organizations, 379 
local housing organizations, a local school district or education 380 
organization, and a local business organization. Such advisory board 381 
shall also include one member of the board of directors of the 382 
authority, chosen by the chairperson of the board of directors of the 383 
authority. Each legislative body shall make a good faith effort to 384 
appoint representatives of minority-owned businesses, advocates for 385 
walkable communities and members who are geographically, racially, 386 
socioeconomically and gender diverse. 387 
(c) Any municipality that opts to join the authority as a member 388 
municipality or that is deemed a member municipality pursuant to 389 
subsection (a) of this section shall enter into a memorandum of 390 
agreement with the authority for the establishment of one or more 391 
development districts. 392 
Sec. 6. (NEW) (Effective October 1, 2019) (a) In lieu of the report 393 
required under section 1-123 of the general statutes, within the first 394 
ninety days of each fiscal year of the Connecticut Municipal 395 
Redevelopment Authority, the board of directors of the authority shall 396 
submit a report to the Governor, the Auditors of Public Accounts and 397 
the joint standing committee of the General Assembly having 398 
cognizance of matters relating to finance, revenue and bonding. Such 399 
report shall include, but not be limited to, the following: (1) A list of all 400 
bonds issued during the preceding fiscal year, including, for each such 401  Substitute Bill No. 7209 
 
 
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issue, the financial advisor and underwriters, whether the issue was 402 
competitive, negotiated or privately placed, and the issue's face value 403 
and net proceeds; (2) a description of each authority development 404 
project in which the authority is involved, its location and the amount 405 
of funds, if any, provided by the authority with respect to the 406 
construction of such project; (3) a list of all outside individuals and 407 
firms, including principal and other major stockholders, receiving in 408 
excess of five thousand dollars as payments for services; (4) a 409 
comprehensive annual financial report prepared in accordance with 410 
generally accepted accounting principles for governmental enterprises; 411 
(5) the cumulative value of all bonds issued, the value of outstanding 412 
bonds and the amount of the state's contingent liability; (6) the 413 
affirmative action policy adopted pursuant to section 4 of this act, a 414 
description of the composition of the workforce of the Connecticut 415 
Municipal Redevelopment Authority by race, sex and occupation and 416 
a description of the affirmative action efforts of the authority; and (7) a 417 
description of planned activities for the current fiscal year. 418 
(b) The board of directors of the authority shall annually contract 419 
with a person, firm or corporation for a compliance audit of the 420 
authority's activities during the preceding authority fiscal year. The 421 
audit shall determine whether the authority has complied with the 422 
authority's policies and procedures concerning affirmative action, 423 
personnel practices, the purchase of goods and services and the use of 424 
surplus funds. The board shall submit the audit report to the 425 
Governor, the Auditors of Public Accounts and the joint standing 426 
committee of the General Assembly having cognizance of matters 427 
relating to finance, revenue and bonding. 428 
(c) The board of directors of the authority shall annually contract 429 
with a firm of certified public accountants to undertake an 430 
independent financial audit of the Connecticut Municipal 431 
Redevelopment Authority in accordance with generally accepted 432 
auditing standards. The board shall submit the audit report to the 433 
Governor, the Auditors of Public Accounts and the joint standing 434  Substitute Bill No. 7209 
 
 
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committee of the General Assembly having cognizance of matters 435 
relating to finance, revenue and bonding. 436 
(d) The authority shall designate a contract compliance officer from 437 
its staff to monitor compliance of the operations of facilities and 438 
parking facilities associated with authority development projects that 439 
are under the management or control of the authority, with (1) the 440 
provisions of state law applicable to such operations, and (2) 441 
applicable requirements of contracts entered into by the authority 442 
relating to set-asides for small contractors and minority business 443 
enterprises and required efforts to hire available and qualified 444 
members of minorities, as defined in section 32-9n of the general 445 
statutes. Each year during the period of operations of facilities 446 
associated with authority development projects, such officer shall file a 447 
written report with the authority as to findings and recommendations 448 
regarding such compliance. 449 
Sec. 7. (NEW) (Effective October 1, 2019) (a) Any person, including, 450 
but not limited to, a state or municipal agency, requesting funds from 451 
the state, including, but not limited to, any authority created by the 452 
general statutes or any public or special act, with respect to any 453 
authority development project shall, at the time it makes such request 454 
for funds from the state, present a full and complete copy of its 455 
application or request along with any supporting documents or 456 
exhibits to the authority for its recommendation and to the Secretary of 457 
the Office of Policy and Management. The Connecticut Municipal 458 
Redevelopment Authority shall, not later than ninety days after receipt 459 
of such application or request, prepare and adopt an economic 460 
development statement summarizing its recommendations with 461 
respect to such application or request and deliver such statement to the 462 
state officer, official, employee or agent of the state or authority to 463 
whom such application or request was made. The recommendations in 464 
such statement shall include contract provisions regarding 465 
performance standards, including, but not limited to, project timelines. 466 
(b) Notwithstanding any provision of the general statutes, public or 467  Substitute Bill No. 7209 
 
 
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special acts, any regulation or procedure or any other law, no officer, 468 
official, employee or agent of the state or any authority created by the 469 
general statutes or any public or special act shall expend any funds on 470 
any authority development project, unless such officer, official, 471 
employee or agent has received an economic development statement 472 
prepared by the Connecticut Municipal Redevelopment Authority 473 
pursuant to subsection (a) of this section, except that if no such 474 
statement is received by the ninetieth day after the date of the initial 475 
application or request for such funds, such funds may be expended. If 476 
funds are expended pursuant to this subsection in a manner not 477 
consistent with the recommendations contained in an economic 478 
development statement for such expenditure, the officer, official, 479 
employee or agent of the state expending such funds shall respond in 480 
writing to the authority, providing an explanation of the decision with 481 
respect to such expenditure. 482 
(c) The Connecticut Municipal Redevelopment Authority shall 483 
coordinate the use of all state, municipal and quasi-public agency 484 
planning and financial resources that are made available for any 485 
authority development project in which the authority is involved, 486 
including any resources available from any quasi-public agency. 487 
(d) All state agencies, departments, boards, commissions and 488 
councils and all quasi-public agencies shall cooperate with the 489 
Connecticut Municipal Redevelopment Authority in carrying out the 490 
purposes enumerated in section 3 of this act. 491 
Sec. 8. (NEW) (Effective October 1, 2019) (a) The board of directors of 492 
the Connecticut Municipal Redevelopment Authority is authorized 493 
from time to time to issue its bonds, notes and other obligations in 494 
such principal amounts as in the opinion of the board shall be 495 
necessary to provide sufficient funds for carrying out the purposes set 496 
forth in section 3 of this act, including the payment, funding or 497 
refunding of the principal of, or interest or redemption premiums on, 498 
any bonds, notes and other obligations issued by it, whether the bonds, 499 
notes or other obligations or interest to be funded or refunded have or 500  Substitute Bill No. 7209 
 
 
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have not become due, the establishment of reserves to secure such 501 
bonds, notes and other obligations, loans made by the authority and all 502 
other expenditures of the authority incident to and necessary or 503 
convenient to carry out the purposes set forth in section 3 of this act. 504 
(b) Every issue of bonds, notes or other obligations shall be a 505 
general obligation of the authority payable out of any moneys or 506 
revenues of the authority and subject only to any agreements with the 507 
holders of particular bonds, notes or other obligations pledging any 508 
particular moneys or revenues. Any such bonds, notes or other 509 
obligations may be additionally secured by any grant or contributions 510 
from any department, agency or instrumentality of the United States or 511 
person or a pledge of any moneys, income or revenues of the authority 512 
from any source whatsoever. 513 
(c) Notwithstanding any provision of law, any bonds, notes or other 514 
obligations issued by the authority pursuant to this section shall be 515 
fully negotiable within the meaning and for all purposes of title 42a of 516 
the general statutes. Any such bonds, notes or other obligations shall 517 
be legal investments for all trust companies, banks, investment 518 
companies, savings banks, building and loan associations, executors, 519 
administrators, guardians, conservators, trustees and other fiduciaries 520 
and pension, profit-sharing and retirement funds. 521 
(d) Bonds, notes or other obligations of the authority shall be 522 
authorized by resolution of the board of directors of the authority and 523 
may be issued in one or more series and shall bear such date or dates, 524 
mature at such time or times, in the case of any such note, or any 525 
renewal thereof, not exceeding the term of years as the board shall 526 
determine from the date of the original issue of such notes, and, in the 527 
case of bonds, not exceeding thirty years from the date thereof, bear 528 
interest at such rate or rates, be in such denomination or 529 
denominations, be in such form, either coupon or registered, carry 530 
such conversion or registration privileges, have such rank or priority, 531 
be executed in such manner, be payable from such sources in such 532 
medium of payment at such place or places within or without this 533  Substitute Bill No. 7209 
 
 
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state, and be subject to such terms of redemption, with or without 534 
premium, as such resolution or resolutions may provide. 535 
(e) Bonds, notes or other obligations of the authority may be sold at 536 
public or private sale at such price or prices as the board shall 537 
determine. 538 
(f) Bonds, notes or other obligations of the authority may be 539 
refunded and renewed from time to time as may be determined by 540 
resolution of the board, provided any such refunding or renewal shall 541 
be in conformity with any rights of the holders of such bonds, notes or 542 
other obligations. 543 
(g) Bonds, notes or other obligations of the authority issued under 544 
the provisions of this section shall not be deemed to constitute a debt 545 
or liability of the state or of any political subdivision thereof other than 546 
the authority, or a pledge of the faith and credit of the state or of any 547 
such political subdivision other than the authority, and shall not 548 
constitute bonds or notes issued or guaranteed by the state within the 549 
meaning of section 3-21 of the general statutes, but shall be payable 550 
solely from the funds as provided in this section. All such bonds, notes 551 
or other obligations shall contain on the face thereof a statement to the 552 
effect that neither the state of Connecticut nor any political subdivision 553 
thereof other than the authority shall be obligated to pay the same or 554 
the interest thereof except from revenues or other funds of the 555 
authority and that neither the faith and credit nor the taxing power of 556 
the state of Connecticut or of any political subdivision thereof other 557 
than the authority is pledged to the payment of the principal of, or the 558 
interest on, such bonds, notes or other obligations. 559 
(h) Any resolution or resolutions authorizing the issuance of bonds, 560 
notes or other obligations may contain provisions, except as limited by 561 
existing agreements with the holders of bonds, notes or other 562 
obligations, which shall be a part of the contract with the holders 563 
thereof, as to the following: (1) The pledging of all or any part of the 564 
moneys received by the authority to secure the payment of the 565  Substitute Bill No. 7209 
 
 
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principal of and interest on any bonds, notes or other obligations or of 566 
any issue thereof; (2) the pledging of all or part of the assets of the 567 
authority to secure the payment of the principal and interest on any 568 
bonds, notes or other obligations or of any issue thereof; (3) the 569 
establishment of reserves or sinking funds, the making of charges and 570 
fees to provide for the same, and the regulation and disposition 571 
thereof; (4) limitations on the purpose to which the proceeds of sale of 572 
bonds, notes or other obligations may be applied and pledging such 573 
proceeds to secure the payment of the bonds, notes or other 574 
obligations, or of any issues thereof; (5) limitations on the issuance of 575 
additional bonds, notes or other obligations, the terms upon which 576 
additional bonds, bond anticipation notes or other obligations may be 577 
issued and secured, the refunding or purchase of outstanding bonds, 578 
notes or other obligations of the authority; (6) the procedure, if any, by 579 
which the terms of any contract with the holders of any bonds, notes or 580 
other obligations of the authority may be amended or abrogated, the 581 
amount of bonds, notes or other obligations the holders of which must 582 
consent thereto and the manner in which such consent may be given; 583 
(7) limitations on the amount of moneys to be expended by the 584 
authority for operating, administrative or other expenses of the 585 
authority; (8) the vesting in a trustee or trustees of such property, 586 
rights, powers and duties in trust as the authority may determine, 587 
which may include any or all of the rights, powers and duties of any 588 
trustee appointed by the holders of any bonds, notes or other 589 
obligations and limiting or abrogating the right of the holders of any 590 
bonds, notes or other obligations of the authority to appoint a trustee 591 
or limiting the rights, powers and duties of such trustee; (9) provision 592 
for a trust agreement by and between the authority and a corporate 593 
trustee which may be any trust company or bank having the powers of 594 
a trust company within or without the state, which agreement may 595 
provide for the pledging or assigning of any assets or income from 596 
assets to which or in which the authority has any right or interest, and 597 
may further provide for such other rights and remedies exercisable by 598 
the trustee as may be proper for the protection of the holders of any 599 
bonds, notes or other obligations of the authority and not otherwise in 600  Substitute Bill No. 7209 
 
 
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violation of law. Such agreement may provide for the restriction of the 601 
rights of any individual holder of bonds, notes or other obligations of 602 
the authority. All expenses incurred in carrying out the provisions of 603 
such trust agreement may be treated as a part of the cost of operation 604 
of the authority. The trust agreement may contain any further 605 
provisions which are reasonable to delineate further the respective 606 
rights, duties, safeguards, responsibilities and liabilities of the 607 
authority, individual and collective holders of bonds, notes and other 608 
obligations of the authority and the trustees; (10) covenants to do or 609 
refrain from doing such acts and things as may be necessary or 610 
convenient or desirable in order to better secure any bonds, notes or 611 
other obligations of the authority, or which, in the discretion of the 612 
authority, will tend to make any bonds, notes or other obligations to be 613 
issued more marketable, notwithstanding that such covenants, acts or 614 
things may not be enumerated herein; and (11) any other matters of 615 
like or different character, which in any way affect the security or 616 
protection of the bonds, notes or other obligations. 617 
(i) Any pledge made by the authority of income, revenues or other 618 
property shall be valid and binding from the time the pledge is made. 619 
The income, revenue, such state taxes as the authority shall be entitled 620 
to receive or other property so pledged and thereafter received by the 621 
authority shall immediately be subject to the lien of such pledge 622 
without any physical delivery thereof or further act, and the lien of any 623 
such pledge shall be valid and binding as against all parties having 624 
claims of any kind in tort, contract or otherwise against the authority, 625 
irrespective of whether such parties have notice thereof. 626 
(j) The board of directors of the authority is authorized and 627 
empowered to obtain from any department, agency or instrumentality 628 
of the United States any insurance or guarantee as to, or of or for the 629 
payment or repayment of, interest or principal or both, or any part 630 
thereof, on any bonds, notes or other obligations issued by the 631 
authority pursuant to the provisions of this section and, 632 
notwithstanding any other provisions of sections 2 to 12, inclusive, of 633  Substitute Bill No. 7209 
 
 
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this act, to enter into any agreement, contract or any other instrument 634 
whatsoever with respect to any such insurance or guarantee except to 635 
the extent that such action would in any way impair or interfere with 636 
the authority's ability to perform and fulfill the terms of any agreement 637 
made with the holders of the bonds, bond anticipation notes or other 638 
obligations of the authority. 639 
(k) Neither the members of the board of directors of the authority 640 
nor any person executing bonds, notes or other obligations of the 641 
authority issued pursuant to this section shall be liable personally on 642 
such bonds, notes or other obligations or be subject to any personal 643 
liability or accountability by reason of the issuance thereof, nor shall 644 
any director, officer or employee of the authority be personally liable 645 
for damage or injury caused in the performance of such director, 646 
officer or employee's duties and within the scope of employment or 647 
appointment as such director, officer or employee, provided the 648 
conduct of such director, officer or employee was found not to have 649 
been wanton, reckless, wilful or malicious. The authority shall protect, 650 
save harmless and indemnify its directors, officers or employees from 651 
financial loss and expense, including legal fees and costs, if any, arising 652 
out of any claim, demand, suit or judgment by reason of alleged 653 
negligence or alleged deprivation of any person's civil rights or any 654 
other act or omission resulting in damage or injury, if the director, 655 
officer or employee is found to have been acting in the discharge of his 656 
or her duties or within the scope of his or her employment and such 657 
act or omission is found not to have been wanton, reckless, wilful or 658 
malicious. 659 
(l) The board of directors of the authority shall have power to 660 
purchase bonds, notes or other obligations of the authority out of any 661 
funds available for such purpose. The authority may hold, cancel or 662 
resell such bonds, notes or other obligations subject to and in 663 
accordance with agreements with holders of its bonds, notes and other 664 
obligations. 665 
(m) All moneys received pursuant to the authority of this section, 666  Substitute Bill No. 7209 
 
 
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whether as proceeds from the sale of bonds or as revenues, shall be 667 
deemed to be trust funds to be held and applied solely as provided in 668 
this section. Any officer with whom, or any bank or trust company 669 
with which, such moneys shall be deposited shall act as trustee of such 670 
moneys and shall hold and apply the same for the purposes of section 671 
3 of this act, and the resolution authorizing the bonds of any issue or 672 
the trust agreement securing such bonds may provide. 673 
(n) Any holder of bonds, notes or other obligations issued under the 674 
provisions of this section, and the trustee or trustees under any trust 675 
agreement, except to the extent the rights herein given may be 676 
restricted by any resolution authorizing the issuance of or any such 677 
trust agreement securing such bonds, may, either at law or in equity, 678 
by suit, action, mandamus or other proceeding, protect and enforce 679 
any and all rights under the laws of the state or granted under this 680 
section or under such resolution or trust agreement and may enforce 681 
and compel the performance of all duties required by this section or by 682 
such resolution or trust agreement to be performed by the authority or 683 
by any officer, employee or agent of the authority, including the fixing, 684 
charging and collecting of the rates, rents, fees and charges herein 685 
authorized and required by the provisions of such resolution or trust 686 
agreement to be fixed, established and collected. 687 
(o) The authority may make representations and agreements for the 688 
benefit of the holders of any bonds, notes or other obligations of the 689 
state which are necessary or appropriate to ensure the exclusion from 690 
gross income for federal income tax purposes of interest on bonds, 691 
notes or other obligations of the state from taxation under the Internal 692 
Revenue Code of 1986 or any subsequent corresponding internal 693 
revenue code of the United States, as amended from time to time, 694 
including agreement to pay rebates to the federal government of 695 
investment earnings derived from the investment of the proceeds of 696 
the bonds, notes or other obligations of the authority. Any such 697 
agreement may include: (1) A covenant to pay rebates to the federal 698 
government of investment earnings derived from the investment of the 699  Substitute Bill No. 7209 
 
 
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proceeds of the bonds, notes or other obligations of the authority; (2) a 700 
covenant that the authority will not limit or alter its rebate obligations 701 
until its obligations to the holders or owners of such bonds, notes or 702 
other obligations are finally met and discharged; and (3) provisions to 703 
(A) establish trust and other accounts which may be appropriate to 704 
carry out such representations and agreements, (B) retain fiscal agents 705 
as depositories for such funds and accounts, and (C) provide that such 706 
fiscal agents may act as trustee of such funds and accounts. 707 
Sec. 9. (NEW) (Effective October 1, 2019) The state of Connecticut 708 
does hereby pledge to and agree with the holders of any bonds, notes 709 
and other obligations issued under section 8 of this act and with those 710 
parties who may enter into contracts with the Connecticut Municipal 711 
Redevelopment Authority or its successor agency, that the state will 712 
not limit or alter the rights hereby vested in the authority or in the 713 
holders of any bonds, notes or other obligations of the authority to 714 
which contract assistance is pledged pursuant to this section until such 715 
bonds, notes or obligations, together with the interest thereon, are fully 716 
met and discharged and such contracts are fully performed on the part 717 
of the authority, provided nothing contained herein shall preclude 718 
such limitation or alteration if and when adequate provision shall be 719 
made by law for the protection of the holders of such bonds, notes and 720 
other obligations of the authority or those entering into contracts with 721 
the authority. The authority is authorized to include this pledge and 722 
undertaking for the state in such bonds, notes and other obligations or 723 
contracts. 724 
Sec. 10. (NEW) (Effective October 1, 2019) The state shall protect, save 725 
harmless and indemnify the Connecticut Municipal Redevelopment 726 
Authority and its directors, officers and employees from financial loss 727 
and expenses, including legal fees and costs, if any, arising out of any 728 
claim, demand, suit or judgment based upon any alleged act or 729 
omission of the authority or any such director, officer or employee in 730 
connection with, or any other legal challenge to, authority 731 
development projects within a Connecticut Municipal Redevelopment 732  Substitute Bill No. 7209 
 
 
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Authority development district, provided any such director, officer or 733 
employee is found to have been acting in the discharge of such 734 
director, officer or employee's duties or within the scope of such 735 
director, officer or employee's employment and any such act or 736 
omission is found not to have been wanton, reckless, wilful or 737 
malicious. 738 
Sec. 11. (NEW) (Effective October 1, 2019) (a) For the purposes of this 739 
section, "economic development master plan" means (1) a 740 
comprehensive economic development plan that is designed to 741 
increase the tax base of the municipality to a level that will allow the 742 
municipality to provide an adequate level of municipal services, or (2) 743 
a comprehensive economic development plan developed pursuant to 744 
section 7-578 of the general statutes. 745 
(b) Prior to execution of a memorandum of agreement between the 746 
authority and the chief executive officer of a member municipality 747 
establishing a development district, the member municipality shall 748 
develop an economic development master plan and submit such plan 749 
for the authority's review and approval. Each member municipality 750 
shall provide for community and stakeholder input and a public 751 
comment process in the development of its economic development 752 
master plan, and such plan shall be approved by the legislative body 753 
of such municipality. 754 
(c) In determining whether to approve a member municipality's 755 
economic development master plan, the authority shall consider 756 
whether such plan includes a clear and feasible path toward achieving 757 
as many of the purposes of the authority, as set forth in subsection (a) 758 
of section 3 of this act, as practical and appropriate in the context of the 759 
unique characteristics of such member municipality. The authority 760 
shall offer support to such member municipality in creating the 761 
economic development master plan, if requested by such member 762 
municipality. 763 
(d) Any authority development project that receives support from 764  Substitute Bill No. 7209 
 
 
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the authority shall be consistent with (1) the economic development 765 
master plan of the member municipality in which such project is 766 
located, (2) the plan of conservation and development, adopted under 767 
section 8-23 of the general statutes, of the member municipality in 768 
which such project is located, and (3) the Comprehensive Economic 769 
Development Strategy prepared under section 32-742 of the general 770 
statutes. 771 
Sec. 12. (NEW) (Effective October 1, 2019) The authority and member 772 
municipalities shall encourage businesses, as appropriate, to hire local 773 
employees. Any business that receives financial assistance from the 774 
authority shall enter into an agreement with the Workforce Training 775 
Authority established pursuant to section 31-11ii of the general statutes 776 
for assistance with the training and recruitment of workers. 777 
Sec. 13. Subdivision (12) of section 1-79 of the general statutes is 778 
repealed and the following is substituted in lieu thereof (Effective 779 
October 1, 2019): 780 
(12) "Quasi-public agency" means Connecticut Innovations, 781 
Incorporated, the Connecticut Health and Education Facilities 782 
Authority, the Connecticut Higher Education Supplemental Loan 783 
Authority, the Connecticut Student Loan Foundation, the Connecticut 784 
Housing Finance Authority, the State Housing Authority, the Materials 785 
Innovation and Recycling Authority, the Capital Region Development 786 
Authority, the Connecticut Lottery Corporation, the Connecticut 787 
Airport Authority, the Connecticut Health Insurance Exchange, the 788 
Connecticut Green Bank, the Connecticut Retirement Se curity 789 
Authority, the Connecticut Port Authority, the Connecticut Municipal 790 
Redevelopment Authority and the State Education Resource Center. 791 
Sec. 14. Subdivision (1) of section 1-120 of the general statutes is 792 
repealed and the following is substituted in lieu thereof (Effective 793 
October 1, 2019): 794 
(1) "Quasi-public agency" means Connecticut Innovations, 795  Substitute Bill No. 7209 
 
 
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Incorporated, the Connecticut Health and Educational Facilities 796 
Authority, the Connecticut Higher Education Supplemental Loan 797 
Authority, the Connecticut Student Loan Foundation, the Connecticut 798 
Housing Finance Authority, the Connecticut Housing Authority, the 799 
Materials Innovation and Recycling Authority, the Capital Region 800 
Development Authority, the Connecticut Lottery Corporation, the 801 
Connecticut Airport Authority, the Connecticut Health Insurance 802 
Exchange, the Connecticut Green Bank, the Connecticut Retirement 803 
Security Authority, the Connecticut Port Authority, the Connecticut 804 
Municipal Redevelopment Authority and the State Education Resource 805 
Center. 806 
Sec. 15. Section 1-124 of the general statutes is repealed and the 807 
following is substituted in lieu thereof (Effective October 1, 2019): 808 
(a) Connecticut Innovations, Incorporated, the Connecticut Health 809 
and Educational Facilities Authority, the Connecticut Higher 810 
Education Supplemental Loan Authority, the Connecticut Student 811 
Loan Foundation, the Connecticut Housing Finance Authority, the 812 
Connecticut Housing Authority, the Materials Innovation and 813 
Recycling Authority, the Connecticut Airport Authority, the Capital 814 
Region Development Authority, the Connecticut Health Insurance 815 
Exchange, the Connecticut Green Bank, the Connecticut Retirement 816 
Security Authority, the Connecticut Port Authority, the Connecticut 817 
Municipal Redevelopment Authority and the State Education Resource 818 
Center shall not borrow any money or issue any bonds or notes which 819 
are guaranteed by the state of Connecticut or for which there is a 820 
capital reserve fund of any kind which is in any way contributed to or 821 
guaranteed by the state of Connecticut until and unless such 822 
borrowing or issuance is approved by the State Treasurer or the 823 
Deputy State Treasurer appointed pursuant to section 3-12. The 824 
approval of the State Treasurer or said deputy shall be based on 825 
documentation provided by the authority that it has sufficient 826 
revenues to (1) pay the principal of and interest on the bonds and notes 827 
issued, (2) establish, increase and maintain any reserves deemed by the 828  Substitute Bill No. 7209 
 
 
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authority to be advisable to secure the payment of the principal of and 829 
interest on such bonds and notes, (3) pay the cost of maintaining, 830 
servicing and properly insuring the purpose for which the proceeds of 831 
the bonds and notes have been issued, if applicable, and (4) pay such 832 
other costs as may be required. 833 
(b) To the extent Connecticut Innovations, Incorporated, the 834 
Connecticut Higher Education Supplemental Loan Authority, the 835 
Connecticut Student Loan Foundation, the Connecticut Housing 836 
Finance Authority, the Connecticut Housing Authority, the Materials 837 
Innovation and Recycling Authority, the Connecticut Health and 838 
Educational Facilities Authority, the Connecticut Airport Authority, 839 
the Capital Region Development Authority, the Connecticut Health 840 
Insurance Exchange, the Connecticut Green Bank, the Connecticut 841 
Retirement Security Authority, the Connecticut Port Authority, the 842 
Connecticut Municipal Redevelopment Authority or the State 843 
Education Resource Center is permitted by statute and determines to 844 
exercise any power to moderate interest rate fluctuations or enter into 845 
any investment or program of investment or contract respecting 846 
interest rates, currency, cash flow or other similar agreement, 847 
including, but not limited to, interest rate or currency swap 848 
agreements, the effect of which is to subject a capital reserve fund 849 
which is in any way contributed to or guaranteed by the state of 850 
Connecticut, to potential liability, such determination shall not be 851 
effective until and unless the State Treasurer or his or her deputy 852 
appointed pursuant to section 3-12 has approved such agreement or 853 
agreements. The approval of the State Treasurer or his or her deputy 854 
shall be based on documentation provided by the authority that it has 855 
sufficient revenues to meet the financial obligations associated with the 856 
agreement or agreements.  857 
Sec. 16. Section 1-125 of the general statutes is repealed and the 858 
following is substituted in lieu thereof (Effective October 1, 2019): 859 
The directors, officers and employees of Connecticut Innovations, 860 
Incorporated, the Connecticut Higher Education Supplemental Loan 861  Substitute Bill No. 7209 
 
 
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Authority, the Connecticut Student Loan Foundation, the Connecticut 862 
Housing Finance Authority, the Connecticut Housing Authority, the 863 
Materials Innovation and Recycling Authority, including ad hoc 864 
members of the Materials Innovation and Recycling Authority, the 865 
Connecticut Health and Educational Facilities Authority, the Capital 866 
Region Development Authority, the Connecticut Airport Authority, 867 
the Connecticut Lottery Corporation, the Connecticut Health Insurance 868 
Exchange, the Connecticut Green Bank, the Connecticut Retirement 869 
Security Authority, the Connecticut Port Authority, the Connecticut 870 
Municipal Redevelopment Authority and the State Education Resource 871 
Center and any person executing the bonds or notes of the agency shall 872 
not be liable personally on such bonds or notes or be subject to any 873 
personal liability or accountability by reason of the issuance thereof, 874 
nor shall any director or employee of the agency, including ad hoc 875 
members of the Materials Innovation and Recycling Authority, be 876 
personally liable for damage or injury, not wanton, reckless, wilful or 877 
malicious, caused in the performance of his or her duties and within 878 
the scope of his or her employment or appointment as such director, 879 
officer or employee, including ad hoc members of the Materials 880 
Innovation and Recycling Authority. The agency shall protect, save 881 
harmless and indemnify its directors, officers or employees, including 882 
ad hoc members of the Materials Innovation and Recycling Authority, 883 
from financial loss and expense, including legal fees and costs, if any, 884 
arising out of any claim, demand, suit or judgment by reason of 885 
alleged negligence or alleged deprivation of any person's civil rights or 886 
any other act or omission resulting in damage or injury, if the director, 887 
officer or employee, including ad hoc members of the Materials 888 
Innovation and Recycling Authority, is found to have been acting in 889 
the discharge of his or her duties or within the scope of his or her 890 
employment and such act or omission is found not to have been 891 
wanton, reckless, wilful or malicious.  892 
This act shall take effect as follows and shall amend the following 
sections: 
  Substitute Bill No. 7209 
 
 
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Section 1 October 1, 2019 New section 
Sec. 2 October 1, 2019 New section 
Sec. 3 October 1, 2019 New section 
Sec. 4 October 1, 2019 New section 
Sec. 5 October 1, 2019 New section 
Sec. 6 October 1, 2019 New section 
Sec. 7 October 1, 2019 New section 
Sec. 8 October 1, 2019 New section 
Sec. 9 October 1, 2019 New section 
Sec. 10 October 1, 2019 New section 
Sec. 11 October 1, 2019 New section 
Sec. 12 October 1, 2019 New section 
Sec. 13 October 1, 2019 1-79(12) 
Sec. 14 October 1, 2019 1-120(1) 
Sec. 15 October 1, 2019 1-124 
Sec. 16 October 1, 2019 1-125 
 
Statement of Legislative Commissioners:   
In Section 2(d), "article XI, section 1, of the state Constitution" was 
changed to "section 1 of article eleventh of the Constitution of the state" 
for consistency; in Section 3, "memorandum of understanding" was 
changed to "memorandum of agreement" for consistency, and the 
provisions of Subsec. (b)(6) were restructured for clarity and grammar; 
in Section 7(b), "the date ninety days from" was changed to "the 
ninetieth day after" for clarity; in Section 11(b), "chief executive office" 
was changed to "chief executive officer" for accuracy; and in Section 12, 
"in public act 17-207" was changed to "pursuant to section 31-11ii of the 
general statutes" for accuracy. 
 
PD Joint Favorable Subst. -LCO