Connecticut Senate Bill SB00047

Connecticut 2020 Regular Session

• Introduced: 2/11/20
• Refer: 2/11/20

Caption

An Act Authorizing Bonds Of The State For A Parking Lot Paving Project At New Britain Stadium.

Impact

The passage of SB00047 would have a significant financial impact on state funding mechanisms, allowing the state to support local improvement projects through public bonds. This initiative is expected to enhance the infrastructure around New Britain Stadium, potentially increasing accessibility and usage of the facility. Supporters of the bill could argue that such projects not only improve local amenities but also promote community engagement and economic activity in the area.

Summary

SB00047, titled 'An Act Authorizing Bonds Of The State For A Parking Lot Paving Project At New Britain Stadium,' is a legislative proposal aimed at improving public infrastructure in New Britain. The bill seeks to empower the State Bond Commission to issue bonds worth up to nine hundred thousand dollars. The proceeds from these bonds will be allocated to the Department of Economic and Community Development, specifically for the purpose of providing financial support to the city for its parking lot paving endeavor at the stadium.

Contention

While there may not be substantial political contention surrounding SB00047 based on the available information, it is essential to consider broader implications regarding state funding priorities. Observers might raise questions about the allocation of state resources, particularly in how such funding could affect other community needs or projects aimed at urban development. Additionally, discussions may emerge centered on financial accountability concerning the funding sourced from state bonds.