LCO No. 633 1 of 6 General Assembly Governor's Bill No. 12 February Session, 2022 LCO No. 633 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: Request of the Governor Pursuant to Joint Rule 9 AN ACT AUTHORIZING AND ADJUSTING BONDS OF THE STATE FOR CAPITAL IMPROVEMENTS AND INFRASTRUCTURE INVESTMENT AND JOBS ACT MATCHING FUNDS AND EXTENDING THE TIME PERIOD FOR DISTRIBUTING GRANTS FOR CERTAIN LAW ENFORCEMENT EQUIPMENT. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (Effective July 1, 2022) The State Bond Commission shall 1 have power, in accordance with the provisions of this section and 2 sections 2 to 7, inclusive, of this act, from time to time to authorize the 3 issuance of bonds of the state in one or more series and in principal 4 amounts in the aggregate not exceeding $75,000,000. 5 Sec. 2. (Effective July 1, 2022) The proceeds of the sale of bonds 6 described in sections 1 to 7, inclusive, of this act, to the extent hereinafter 7 stated, shall be used for the purpose of acquiring, by purchase or 8 condemnation, undertaking, constructing, reconstructing, improving or 9 equipping, or purchasing land or buildings or improving sites for the 10 projects hereinafter described, including payment of architectural, 11 Governor's Bill No. 12 LCO No. 633 2 of 6 engineering, demolition or related costs in connection therewith, or of 12 payment of the cost of long-range capital programming and space 13 utilization studies as hereinafter stated: 14 For the Office of Policy and Management: State matching funds for 15 projects and programs allowed under the Infrastructure Investment and 16 Jobs Act, not exceeding $75,000,000. 17 Sec. 3. (Effective July 1, 2022) All provisions of section 3-20 of the 18 general statutes or the exercise of any right or power granted thereby 19 which are not inconsistent with the provisions of sections 1 to 7, 20 inclusive, of this act are hereby adopted and shall apply to all bonds 21 authorized by the State Bond Commission pursuant to sections 1 to 7, 22 inclusive, of this act, and temporary notes issued in anticipation of the 23 money to be derived from the sale of any such bonds so authorized may 24 be issued in accordance with said section 3-20 and from time to time 25 renewed. Such bonds shall mature at such time or times not exceeding 26 twenty years from their respective dates as may be provided in or 27 pursuant to the resolution or resolutions of the State Bond Commission 28 authorizing such bonds. 29 Sec. 4. (Effective July 1, 2022) None of the bonds described in sections 30 1 to 7, inclusive, of this act, shall be authorized except upon a finding by 31 the State Bond Commission that there has been filed with it a request for 32 such authorization, which is signed by the Secretary of the Office of 33 Policy and Management or by or on behalf of such state officer, 34 department or agency and stating such terms and conditions as said 35 commission, in its discretion, may require. 36 Sec. 5. (Effective July 1, 2022) For the purposes of sections 1 to 7, 37 inclusive, of this act, "state moneys" means the proceeds of the sale of 38 bonds authorized pursuant to said sections 1 to 7, inclusive, or of 39 temporary notes issued in anticipation of the moneys to be derived from 40 the sale of such bonds. Each request filed as provided in section 4 of this 41 act for an authorization of bonds shall identify the project for which the 42 proceeds of the sale of such bonds are to be used and expended and, in 43 Governor's Bill No. 12 LCO No. 633 3 of 6 addition to any terms and conditions required pursuant to said section 44 4, shall include the recommendation of the person signing such request 45 as to the extent to which federal, private or other moneys then available 46 or thereafter to be made available for costs in connection with any such 47 project should be added to the state moneys available or becoming 48 available hereunder for such project. If the request includes a 49 recommendation that some amount of such federal, private or other 50 moneys should be added to such state moneys, then, if and to the extent 51 directed by the State Bond Commission at the time of authorization of 52 such bonds, such amount of such federal, private or other moneys then 53 available, or thereafter to be made available for costs in connection with 54 such project, may be added to any state moneys available or becoming 55 available hereunder for such project and shall be used for such project. 56 Any other federal, private or other moneys then available or thereafter 57 to be made available for costs in connection with such project shall, 58 upon receipt, be used by the State Treasurer, in conformity with 59 applicable federal and state law, to meet the principal of outstanding 60 bonds issued pursuant to sections 1 to 7, inclusive, of this act, or to meet 61 the principal of temporary notes issued in anticipation of the money to 62 be derived from the sale of bonds theretofore authorized pursuant to 63 said sections 1 to 7, inclusive, for the purpose of financing such costs, 64 either by purchase or redemption and cancellation of such bonds or 65 notes or by payment thereof at maturity. Whenever any of the federal, 66 private or other moneys so received with respect to such project are used 67 to meet the principal of such temporary notes or whenever principal of 68 any such temporary notes is retired by application of revenue receipts 69 of the state, the amount of bonds theretofore authorized in anticipation 70 of which such temporary notes were issued, and the aggregate amount 71 of bonds which may be authorized pursuant to section 1 of this act, shall 72 each be reduced by the amount of the principal so met or retired. 73 Pending use of the federal, private or other moneys so received to meet 74 principal as hereinabove directed, the amount thereof may be invested 75 by the State Treasurer in bonds or obligations of, or guaranteed by, the 76 state or the United States or agencies or instrumentalities of the United 77 States, shall be deemed to be part of the debt retirement funds of the 78 Governor's Bill No. 12 LCO No. 633 4 of 6 state, and net earnings on such investments shall be used in the same 79 manner as the moneys so invested. 80 Sec. 6. (Effective July 1, 2022) Any balance of proceeds of the sale of 81 said bonds authorized for any project described in section 2 of this act 82 in excess of the cost of such project may be used to complete any other 83 project described in said section 2, if the State Bond Commission shall 84 so determine and direct. Any balance of proceeds of the sale of said 85 bonds in excess of the costs of all the projects described in said section 2 86 shall be deposited to the credit of the General Fund. 87 Sec. 7. (Effective July 1, 2022) The bonds issued pursuant to this section 88 and sections 1 to 6, inclusive, of this act, shall be general obligations of 89 the state and the full faith and credit of the state of Connecticut are 90 pledged for the payment of the principal of and interest on said bonds 91 as the same become due, and accordingly and as part of the contract of 92 the state with the holders of said bonds, appropriation of all amounts 93 necessary for punctual payment of such principal and interest is hereby 94 made, and the State Treasurer shall pay such principal and interest as 95 the same become due. 96 Sec. 8. Subsection (a) of section 4a-10 of the 2022 supplement to the 97 general statutes is repealed and the following is substituted in lieu 98 thereof (Effective July 1, 2022): 99 (a) For the purposes described in subsection (b) of this section, the 100 State Bond Commission shall have the power, from time to time to 101 authorize the issuance of bonds of the state in one or more series and in 102 principal amounts not exceeding in the aggregate [five hundred forty-103 six million one hundred thousand dollars, provided ten million dollars 104 of said authorization shall be effective July 1, 2022] five hundred sixty-105 one million one hundred thousand dollars. 106 Sec. 9. Subsection (c) of section 7-277c of the general statutes is 107 repealed and the following is substituted in lieu thereof (Effective July 1, 108 2022): 109 Governor's Bill No. 12 LCO No. 633 5 of 6 (c) The Office of Policy and Management shall distribute grants-in-110 aid pursuant to this section during the fiscal years ending June 30, 2021, 111 [and] June 30, 2022, and June 30, 2023. Any such grant-in-aid shall be for 112 up to fifty per cent of the cost of such purchase of body-worn recording 113 equipment, digital data storage devices or services or dashboard 114 cameras with a remote recorder if the municipality is a distressed 115 municipality, as defined in section 32-9p, or up to thirty per cent of the 116 cost of such purchase if the municipality is not a distressed municipality, 117 provided the costs of such digital data storage services covered by a 118 grant-in-aid shall not be for a period of service that is longer than one 119 year. 120 Sec. 10. Section 20 of public act 21-111, as amended by section 472 of 121 public act 21-2 of the June Special Session, is amended to read as follows 122 (Effective July 1, 2022): 123 The State Bond Commission shall have power, in accordance with the 124 provisions of this section and sections 21 to 26, inclusive, of public act 125 21-111, from time to time to authorize the issuance of bonds of the state 126 in one or more series and in principal amounts in the aggregate not 127 exceeding [$241,565,000] $316,565,000. 128 Sec. 11. Subdivision (1) of subsection (e) of section 21 of public act 21-129 111 is amended to read as follows (Effective July 1, 2022): 130 (1) Alterations, renovations and new construction at state parks and 131 other recreation facilities, including Americans with Disabilities Act 132 improvements, not exceeding [$15,000,000] $30,000,000; 133 Sec. 12. Subsection (j) of section 21 of public act 21-111 is amended to 134 read as follows (Effective July 1, 2022): 135 (j) For the Department of Correction: Alterations, renovations, and 136 improvements to existing state-owned buildings for inmate housing, 137 programming and staff training space and additional inmate capacity, 138 and for support facilities and off-site improvements, not exceeding 139 [$10,000,000] $70,000,000. 140 Governor's Bill No. 12 LCO No. 633 6 of 6 This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2022 New section Sec. 2 July 1, 2022 New section Sec. 3 July 1, 2022 New section Sec. 4 July 1, 2022 New section Sec. 5 July 1, 2022 New section Sec. 6 July 1, 2022 New section Sec. 7 July 1, 2022 New section Sec. 8 July 1, 2022 4a-10(a) Sec. 9 July 1, 2022 7-277c(c) Sec. 10 July 1, 2022 PA 21-111, Sec. 20 Sec. 11 July 1, 2022 PA 21-111, Sec. 21(e)(1) Sec. 12 July 1, 2022 PA 21-111, Sec. 21(j) Statement of Purpose: To implement the Governor's budget recommendations. [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]