Connecticut 2019 Regular Session

Connecticut Senate Bill SB00202 Latest Draft

Bill / Introduced Version Filed 01/22/2019

                             
 
LCO No. 2593   	1 of 1 
 
General Assembly  Proposed Bill No. 202  
January Session, 2019  
LCO No. 2593 
 
 
Referred to Committee on FINANCE, REVENUE AND 
BONDING  
 
 
Introduced by:  
SEN. LOGAN, 17th Dist.  
 
 
 
AN ACT AUTHORIZING BONDS OF THE STATE FOR TRAIN CARS 
FOR USE WITH THE DEVELOPMENT OF THE NAUGATUCK VALLEY 
RAILROAD HUB. 
Be it enacted by the Senate and House of Representatives in General 
Assembly convened: 
 
That the State Bond Commission be empowered to authorize the 1 
issuance of bonds of the state in accordance with section 3-20 of the 2 
general statutes, in principal amounts not exceeding in the aggregate 3 
eighty million dollars, the proceeds of which shall be used by the 4 
Department of Transportation for the purpose of providing a grant-in-5 
aid for the purchase of train cars for use with the development of the 6 
Naugatuck Valley Railroad Hub. 7 
Statement of Purpose:   
To provide funding for train cars for use with the development of the 
Naugatuck Valley Railroad Hub.