36 | | - | utilization studies as hereinafter stated: 14 Substitute Bill No. 980 |
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42 | | - | |
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43 | | - | (a) For the Office of Legislative Management: For alterations, 15 |
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44 | | - | renovations and restoration to the State Capitol, including interior and 16 |
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45 | | - | exterior restoration and compliance with the Americans with 17 |
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46 | | - | Disabilities Act, not exceeding $35,000,000. 18 |
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47 | | - | (b) For the Office of Policy and Management: For an information 19 |
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48 | | - | technology capital investment program, not exceeding $65,000,000. 20 |
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49 | | - | (c) For the Department of Administrative Services: 21 |
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50 | | - | (1) Removal or encapsulation of asbestos and hazardous materials in 22 |
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51 | | - | state-owned buildings, not exceeding $2,500,000; 23 |
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52 | | - | (2) Infrastructure repairs and improvements, including fire, safety 24 |
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53 | | - | and compliance with the Americans with Disabilities Act 25 |
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54 | | - | improvements, improvements to state-owned buildings and grounds, 26 |
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55 | | - | including energy-conservation and off-site improvements, and 27 |
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56 | | - | preservation of unoccupied buildings and grounds, including office 28 |
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57 | | - | development, acquisition, renovations for additional parking and 29 |
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58 | | - | security improvements at state-occupied buildings, not exceeding 30 |
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59 | | - | $12,500,000; 31 |
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60 | | - | (3) Upgrades and modernization of the Capital Area System, not 32 |
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61 | | - | exceeding $19,000,000; 33 |
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62 | | - | (4) Purchase of electric vehicles and the construction and installation 34 |
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63 | | - | of electric vehicle charging infrastructure at state facilities, not 35 |
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64 | | - | exceeding $35,000,000. 36 |
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65 | | - | (d) For the Department of Emergency Services and Public Protection: 37 |
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66 | | - | (1) Alterations, renovations and improvements to buildings and 38 |
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67 | | - | grounds, including utilities, mechanical systems and energy 39 |
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68 | | - | conservation projects, not exceeding $1,750,000; 40 |
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69 | | - | (2) Alterations, renovations, improvements and repairs for an 41 |
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70 | | - | Emergency Vehicle Operations Course, not exceeding $5,000,000. 42 Substitute Bill No. 980 |
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77 | | - | (e) For the Military Department: 43 |
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78 | | - | (1) State matching funds for anticipated federal reimbursable 44 |
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79 | | - | projects, not exceeding $300,000; 45 |
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80 | | - | (2) Alterations, renovations and improvements to buildings and 46 |
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81 | | - | grounds, including utilities, mechanical systems and energy 47 |
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82 | | - | conservation, not exceeding $5,000,000. 48 |
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83 | | - | (f) For the Department of Energy and Environmental Protection: 49 |
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84 | | - | (1) Recreation and Natural Heritage Trust Program for recreation, 50 |
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85 | | - | open space, resource protection and resource management, not 51 |
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86 | | - | exceeding $3,000,000; 52 |
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87 | | - | (2) Alterations, renovations and new construction at state parks and 53 |
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88 | | - | other recreation facilities, including Americans with Disabilities Act 54 |
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89 | | - | improvements, not exceeding $30,000,000; 55 |
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90 | | - | (3) Water pollution control projects at state facilities and for 56 |
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91 | | - | engineering reports for regional planning agencies, not exceeding 57 |
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92 | | - | $600,000; 58 |
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93 | | - | (4) For the purpose of funding projects in state buildings and assets 59 |
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94 | | - | that result in decreased environmental impacts, including projects: That 60 |
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95 | | - | improve energy efficiency pursuant to section 16a-38l of the general 61 |
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96 | | - | statutes; that reduce greenhouse gas emissions from building heating 62 |
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97 | | - | and cooling, including installation of renewable thermal heating 63 |
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98 | | - | systems; that expand electric vehicle charging infrastructure to support 64 |
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99 | | - | charging on state property; that reduce water use; that reduce waste 65 |
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100 | | - | generation and disposal; or for any renewable energy, or combined heat 66 |
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101 | | - | and power project in state buildings, not exceeding $25,000,000; 67 |
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102 | | - | (5) Various flood control improvements, flood repair, erosion 68 |
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103 | | - | damage repairs and municipal dam repairs, not exceeding $1,250,000. 69 |
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104 | | - | (g) For the Capital Region Development Authority: 70 Substitute Bill No. 980 |
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110 | | - | |
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111 | | - | (1) Alterations, renovations and improvements at the Connecticut 71 |
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112 | | - | Convention Center and Rentschler Field, not exceeding $17,000,000; 72 |
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113 | | - | (2) Alterations, renovations and improvements to parking garages in 73 |
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114 | | - | Hartford, not exceeding $5,000,000; 74 |
---|
115 | | - | (3) Alterations, renovations and improvements at the XL Center in 75 |
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116 | | - | Hartford, including acquisition of abutting real estate and rights-of-76 |
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117 | | - | way, not exceeding $15,000,000. 77 |
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118 | | - | (h) For the Office of the Chief Medical Examiner: For alterations, 78 |
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119 | | - | renovations and additions to the Office of the Chief Medical Examiner 79 |
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120 | | - | facility in Farmington, not exceeding $28,000,000. 80 |
---|
121 | | - | (i) For the Department of Mental Health and Addiction Services: 81 |
---|
122 | | - | (1) Fire, safety and environmental improvements to regional facilities 82 |
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123 | | - | for client and staff needs, including improvements in compliance with 83 |
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124 | | - | current codes, including intermediate care facilities and site 84 |
---|
125 | | - | improvements, handicapped access improvements, utilities, repair or 85 |
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126 | | - | replacement of roofs, air conditioning and other interior and exterior 86 |
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127 | | - | building renovations and additions at all state-owned facilities, not 87 |
---|
128 | | - | exceeding $36,090,000; 88 |
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129 | | - | (2) Design and installation of sprinkler systems, including related fire 89 |
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130 | | - | safety improvements, in direct patient care buildings, not exceeding 90 |
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131 | | - | $12,450,000. 91 |
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132 | | - | (j) For the State Library: Renovation of Middletown Library Service 92 |
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133 | | - | Center, not exceeding $400,000. 93 |
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134 | | - | (k) For The University of Connecticut Health Center: 94 |
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135 | | - | (1) Deferred maintenance, code compliance and infrastructure 95 |
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136 | | - | improvements, not exceeding $30,000,000; 96 |
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137 | | - | (2) System telecommunications infrastructure upgrades, 97 |
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138 | | - | improvements and expansions, not exceeding $3,000,000. 98 Substitute Bill No. 980 |
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144 | | - | |
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145 | | - | (l) For the Connecticut State Colleges and Universities: 99 |
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146 | | - | (1) System telecommunications infrastructure upgrades, 100 |
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147 | | - | improvements and expansions, not exceeding $16,450,000; 101 |
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148 | | - | (2) Advanced manufacturing and emerging technology programs, 102 |
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149 | | - | not exceeding $4,000,000; 103 |
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150 | | - | (3) All state colleges and universities: Security improvements, not 104 |
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151 | | - | exceeding $3,000,000; 105 |
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152 | | - | (4) All universities: Deferred maintenance, code compliance and 106 |
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153 | | - | infrastructure improvements, not exceeding $50,000,000; 107 |
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154 | | - | (5) All universities: New and replacement instruction, research or 108 |
---|
155 | | - | laboratory equipment, not exceeding $36,000,000; 109 |
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156 | | - | (6) All community colleges: Deferred maintenance, code compliance 110 |
---|
157 | | - | and infrastructure improvements, not exceeding $64,000,000; 111 |
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158 | | - | (7) All community colleges: New and replacement instruction, 112 |
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159 | | - | research or laboratory equipment, not exceeding $34,000,000. 113 |
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160 | | - | (m) For the Department of Correction: Alterations, renovations and 114 |
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161 | | - | improvements to existing state-owned buildings for inmate housing, 115 |
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162 | | - | programming and staff training space and additional inmate capacity, 116 |
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163 | | - | and for support facilities and off-site improvements, not exceeding 117 |
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164 | | - | $35,000,000. 118 |
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165 | | - | (n) For the Judicial Department: 119 |
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166 | | - | (1) Alterations, renovations and improvements to buildings and 120 |
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167 | | - | grounds at state-owned and maintained facilities, not exceeding 121 |
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168 | | - | $10,000,000; 122 |
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169 | | - | (2) Security improvements at various state-owned and maintained 123 |
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170 | | - | facilities, not exceeding $2,000,000; 124 Substitute Bill No. 980 |
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177 | | - | (3) Alterations and improvements in compliance with the Americans 125 |
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178 | | - | with Disabilities Act, not exceeding $1,000,000; 126 |
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179 | | - | (4) Implementation of the Technology Strategic Plan Project, not 127 |
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180 | | - | exceeding $2,000,000. 128 |
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181 | | - | Sec. 3. (Effective July 1, 2023) All provisions of section 3-20 of the 129 |
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182 | | - | general statutes or the exercise of any right or power granted thereby 130 |
---|
183 | | - | which are not inconsistent with the provisions of sections 1 to 7, 131 |
---|
184 | | - | inclusive, of this act are hereby adopted and shall apply to all bonds 132 |
---|
185 | | - | authorized by the State Bond Commission pursuant to sections 1 to 7, 133 |
---|
186 | | - | inclusive, of this act and temporary notes issued in anticipation of the 134 |
---|
187 | | - | money to be derived from the sale of any such bonds so authorized may 135 |
---|
188 | | - | be issued in accordance with said section 3-20 and from time to time 136 |
---|
189 | | - | renewed. Such bonds shall mature at such time or times not exceeding 137 |
---|
190 | | - | twenty years from their respective dates as may be provided in or 138 |
---|
191 | | - | pursuant to the resolution or resolutions of the State Bond Commission 139 |
---|
192 | | - | authorizing such bonds. 140 |
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193 | | - | Sec. 4. (Effective July 1, 2023) None of the bonds described in sections 141 |
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194 | | - | 1 to 7, inclusive, of this act shall be authorized except upon a finding by 142 |
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195 | | - | the State Bond Commission that there has been filed with it a request for 143 |
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196 | | - | such authorization, which is signed by the Secretary of the Office of 144 |
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197 | | - | Policy and Management or by or on behalf of such state officer, 145 |
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198 | | - | department or agency and stating such terms and conditions as said 146 |
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199 | | - | commission, in its discretion, may require. 147 |
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200 | | - | Sec. 5. (Effective July 1, 2023) For the purposes of sections 1 to 7, 148 |
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201 | | - | inclusive, of this act, "state moneys" means the proceeds of the sale of 149 |
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202 | | - | bonds authorized pursuant to said sections 1 to 7, inclusive, or of 150 |
---|
203 | | - | temporary notes issued in anticipation of the moneys to be derived from 151 |
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204 | | - | the sale of such bonds. Each request filed as provided in section 4 of this 152 |
---|
205 | | - | act for an authorization of bonds shall identify the project for which the 153 |
---|
206 | | - | proceeds of the sale of such bonds are to be used and expended and, in 154 |
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207 | | - | addition to any terms and conditions required pursuant to said section 155 |
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208 | | - | 4, shall include the recommendation of the person signing such request 156 Substitute Bill No. 980 |
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215 | | - | as to the extent to which federal, private or other moneys then available 157 |
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216 | | - | or thereafter to be made available for costs in connection with any such 158 |
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217 | | - | project should be added to the state moneys available or becoming 159 |
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218 | | - | available hereunder for such project. If the request includes a 160 |
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219 | | - | recommendation that some amount of such federal, private or other 161 |
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220 | | - | moneys should be added to such state moneys, then, if and to the extent 162 |
---|
221 | | - | directed by the State Bond Commission at the time of authorization of 163 |
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222 | | - | such bonds, such amount of such federal, private or other moneys then 164 |
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223 | | - | available, or thereafter to be made available for costs in connection with 165 |
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224 | | - | such project, may be added to any state moneys available or becoming 166 |
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225 | | - | available hereunder for such project and shall be used for such project. 167 |
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226 | | - | Any other federal, private or other moneys then available or thereafter 168 |
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227 | | - | to be made available for costs in connection with such project shall, 169 |
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228 | | - | upon receipt, be used by the State Treasurer, in conformity with 170 |
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229 | | - | applicable federal and state law, to meet the principal of outstanding 171 |
---|
230 | | - | bonds issued pursuant to sections 1 to 7, inclusive, of this act, or to meet 172 |
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231 | | - | the principal of temporary notes issued in anticipation of the money to 173 |
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232 | | - | be derived from the sale of bonds theretofore authorized pursuant to 174 |
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233 | | - | said sections 1 to 7, inclusive, for the purpose of financing such costs, 175 |
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234 | | - | either by purchase or redemption and cancellation of such bonds or 176 |
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235 | | - | notes or by payment thereof at maturity. Whenever any of the federal, 177 |
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236 | | - | private or other moneys so received with respect to such project are used 178 |
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237 | | - | to meet the principal of such temporary notes or whenever principal of 179 |
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238 | | - | any such temporary notes is retired by application of revenue receipts 180 |
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239 | | - | of the state, the amount of bonds theretofore authorized in anticipation 181 |
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240 | | - | of which such temporary notes were issued, and the aggregate amount 182 |
---|
241 | | - | of bonds which may be authorized pursuant to section 1 of this act, shall 183 |
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242 | | - | each be reduced by the amount of the principal so met or retired. 184 |
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243 | | - | Pending use of the federal, private or other moneys so received to meet 185 |
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244 | | - | principal as hereinabove directed, the amount thereof may be invested 186 |
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245 | | - | by the State Treasurer in bonds or obligations of, or guaranteed by, the 187 |
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246 | | - | state or the United States or agencies or instrumentalities of the United 188 |
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247 | | - | States, shall be deemed to be part of the debt retirement funds of the 189 |
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248 | | - | state, and net earnings on such investments shall be used in the same 190 |
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249 | | - | manner as the moneys so invested. 191 Substitute Bill No. 980 |
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256 | | - | Sec. 6. (Effective July 1, 2023) Any balance of proceeds of the sale of 192 |
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257 | | - | said bonds authorized for any project described in section 2 of this act 193 |
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258 | | - | in excess of the cost of such project may be used to complete any other 194 |
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259 | | - | project described in said section 2, if the State Bond Commission shall 195 |
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260 | | - | so determine and direct. Any balance of proceeds of the sale of said 196 |
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261 | | - | bonds in excess of the costs of all the projects described in said section 2 197 |
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262 | | - | shall be deposited to the credit of the General Fund. 198 |
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263 | | - | Sec. 7. (Effective July 1, 2023) The bonds issued pursuant to this section 199 |
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264 | | - | and sections 1 to 6, inclusive, of this act shall be general obligations of 200 |
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265 | | - | the state and the full faith and credit of the state of Connecticut are 201 |
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266 | | - | pledged for the payment of the principal of and interest on said bonds 202 |
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267 | | - | as the same become due, and accordingly and as part of the contract of 203 |
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268 | | - | the state with the holders of said bonds, appropriation of all amounts 204 |
---|
269 | | - | necessary for punctual payment of such principal and interest is hereby 205 |
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270 | | - | made, and the State Treasurer shall pay such principal and interest as 206 |
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271 | | - | the same become due. 207 |
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272 | | - | Sec. 8. (Effective July 1, 2023) The State Bond Commission shall have 208 |
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273 | | - | power, in accordance with the provisions of this section and sections 9 209 |
---|
274 | | - | and 10 of this act, from time to time to authorize the issuance of bonds 210 |
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275 | | - | of the state in one or more series and in principal amounts in the 211 |
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276 | | - | aggregate, not exceeding $50,000,000. 212 |
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277 | | - | Sec. 9. (Effective July 1, 2023) The proceeds of the sale of bonds 213 |
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278 | | - | described in sections 8 to 11, inclusive, of this act shall be used by the 214 |
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279 | | - | Department of Housing for the purposes hereinafter stated: Housing 215 |
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280 | | - | development and rehabilitation, including moderate cost housing, 216 |
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281 | | - | moderate rental, congregate and elderly housing, urban homesteading, 217 |
---|
282 | | - | community housing development corporations, housing purchase and 218 |
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283 | | - | rehabilitation, housing for the homeless, housing for low-income 219 |
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284 | | - | persons, limited equity cooperatives and mutual housing projects, 220 |
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285 | | - | abatement of hazardous material, including asbestos and lead-based 221 |
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286 | | - | paint in residential structures, emergency repair assistance for senior 222 |
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287 | | - | citizens, housing land bank and land trust, housing and community 223 |
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288 | | - | development, predevelopment grants and loans, reimbursement for 224 Substitute Bill No. 980 |
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294 | | - | |
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295 | | - | state and federal surplus property, private rental investment mortgage 225 |
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296 | | - | and equity program, housing infrastructure, demolition, renovation or 226 |
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297 | | - | redevelopment of vacant buildings or related infrastructure, septic 227 |
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298 | | - | system repair loan program, acquisition and related rehabilitation, 228 |
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299 | | - | including loan guarantees for private developers of rental housing for 229 |
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300 | | - | the elderly, projects under the program established in section 8-37pp of 230 |
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301 | | - | the general statutes and participation in federal programs, including 231 |
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302 | | - | administrative expenses associated with those programs eligible under 232 |
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303 | | - | the general statutes, not exceeding $50,000,000. 233 |
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304 | | - | Sec. 10. (Effective July 1, 2023) None of the bonds described in sections 234 |
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305 | | - | 8 to 11, inclusive, of this act shall be authorized except upon a finding 235 |
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306 | | - | by the State Bond Commission that there has been filed with it a request 236 |
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307 | | - | for such authorization, which is signed by the Secretary of the Office of 237 |
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308 | | - | Policy and Management or by or on behalf of such state officer, 238 |
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309 | | - | department or agency and stating such terms and conditions as said 239 |
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310 | | - | commission, in its discretion, may require. 240 |
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311 | | - | Sec. 11. (Effective July 1, 2023) All provisions of section 3-20 of the 241 |
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312 | | - | general statutes, or the exercise of any right or power granted thereby 242 |
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313 | | - | which are not inconsistent with the provisions of this section and 243 |
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314 | | - | sections 8 to 10, inclusive, of this act, are hereby adopted and shall apply 244 |
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315 | | - | to all bonds authorized by the State Bond Commission pursuant to this 245 |
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316 | | - | section and sections 8 to 10, inclusive, of this act and temporary notes in 246 |
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317 | | - | anticipation of the money to be derived from the sale of any such bonds 247 |
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318 | | - | so authorized may be issued in accordance with said section 3-20 and 248 |
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319 | | - | from time to time renewed. Such bonds shall mature at such time or 249 |
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320 | | - | times not exceeding twenty years from their respective dates as may be 250 |
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321 | | - | provided in or pursuant to the resolution or resolutions of the State 251 |
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322 | | - | Bond Commission authorizing such bonds. Such bonds issued pursuant 252 |
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323 | | - | to section 8 of this act shall be general obligations of the state and the 253 |
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324 | | - | full faith and credit of the state of Connecticut are pledged for the 254 |
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325 | | - | payment of the principal of and interest on such bonds as the same 255 |
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326 | | - | become due, and accordingly and as part of the contract of the state with 256 |
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327 | | - | the holders of such bonds, appropriation of all amounts necessary for 257 Substitute Bill No. 980 |
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334 | | - | punctual payment of such principal and interest is hereby made, and 258 |
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335 | | - | the State Treasurer shall pay such principal and interest as the same 259 |
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336 | | - | become due. 260 |
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337 | | - | Sec. 12. (Effective July 1, 2023) The State Bond Commission shall have 261 |
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338 | | - | power, in accordance with the provisions of this section and sections 13 262 |
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339 | | - | to 19, inclusive, of this act, from time to time to authorize the issuance 263 |
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340 | | - | of bonds of the state in one or more series and in principal amounts in 264 |
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341 | | - | the aggregate, not exceeding $244,000,000. 265 |
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342 | | - | Sec. 13. (Effective July 1, 2023) The proceeds of the sale of the bonds 266 |
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343 | | - | described in sections 12 to 19, inclusive, of this act shall be used for the 267 |
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344 | | - | purpose of providing grants-in-aid and other financing for the projects, 268 |
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345 | | - | programs and purposes hereinafter stated: 269 |
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346 | | - | (a) For the Office of Policy and Management: 270 |
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347 | | - | (1) Grants-in-aid to distressed municipalities eligible under section 271 |
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348 | | - | 32-9s of the general statutes for capital purposes, not exceeding 272 |
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349 | | - | $7,000,000; 273 |
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350 | | - | (2) Grants-in-aid to private, nonprofit health and human service 274 |
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351 | | - | organizations that are exempt under Section 501(c)(3) of the Internal 275 |
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352 | | - | Revenue Code of 1986, and that receive funds from the state to provide 276 |
---|
353 | | - | direct health or human services to state agency clients, for alterations, 277 |
---|
354 | | - | renovations, improvements, additions and new construction, including 278 |
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355 | | - | health, safety, compliance with the Americans with Disabilities Act and 279 |
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356 | | - | energy conservation improvements, information technology systems, 280 |
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357 | | - | technology for independence, purchase of vehicles and acquisition of 281 |
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358 | | - | property, not exceeding $25,000,000; 282 |
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359 | | - | (3) Grants-in-aid for regional and local improvements and 283 |
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360 | | - | development, not exceeding $20,000,000. 284 |
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361 | | - | (b) For the Department of Energy and Environmental Protection: 285 |
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362 | | - | (1) Grants-in-aid to municipalities for open space land acquisition 286 Substitute Bill No. 980 |
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369 | | - | and development for conservation or recreational purposes, not 287 |
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370 | | - | exceeding $10,000,000; 288 |
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371 | | - | (2) Grants-in-aid for containment, removal or mitigation of identified 289 |
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372 | | - | hazardous waste disposal sites, not exceeding $19,000,000; 290 |
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373 | | - | (3) Grants-in-aid for identification, investigation, containment, 291 |
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374 | | - | removal or mitigation of contaminated industrial sites in urban areas, 292 |
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375 | | - | not exceeding $2,500,000; 293 |
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376 | | - | (4) Grants-in-aid to municipalities for the purpose of testing for 294 |
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377 | | - | pollution from perfluoroalkyl and polyfluoroalkyl substances, 295 |
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378 | | - | providing potable water to persons affected by such pollution, remedial 296 |
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379 | | - | action to address such pollution and buyback of aqueous film-forming 297 |
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380 | | - | firefighting foam containing perfluoroalkyl and polyfluoroalkyl 298 |
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381 | | - | substances, not exceeding $3,000,000; 299 |
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382 | | - | (5) Grants-in-aid to provide matching funds necessary for 300 |
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383 | | - | municipalities, local and regional boards of education and school bus 301 |
---|
384 | | - | operators to submit federal grant applications in order to maximize 302 |
---|
385 | | - | federal funding for the purchase or lease of zero-emission school buses 303 |
---|
386 | | - | and electric vehicle charging or fueling infrastructure, not exceeding 304 |
---|
387 | | - | $10,000,000; 305 |
---|
388 | | - | (6) Microgrid and resilience grant and loan pilot program, not 306 |
---|
389 | | - | exceeding $5,000,000. 307 |
---|
390 | | - | (c) For the Department of Economic and Community Development: 308 |
---|
391 | | - | (1) For the Brownfield Remediation and Revitalization program, not 309 |
---|
392 | | - | exceeding $35,000,000; 310 |
---|
393 | | - | (2) For the Small Business Express program established by section 32-311 |
---|
394 | | - | 7g of the general statutes, not exceeding $25,000,000; 312 |
---|
395 | | - | (3) For the Connecticut Manufacturing Innovation Fund established 313 |
---|
396 | | - | by section 32-7o of the general statutes, not exceeding $20,000,000. 314 Substitute Bill No. 980 |
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402 | | - | |
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403 | | - | (d) For the Department of Public Health: 315 |
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404 | | - | (1) Grants-in-aid to public water systems for drinking water projects, 316 |
---|
405 | | - | not exceeding $25,000,000; 317 |
---|
406 | | - | (2) Grants-in-aid to local and regional boards of education for the 318 |
---|
407 | | - | purchase, installation and maintenance of water bottle filling stations at 319 |
---|
408 | | - | schools, not exceeding $5,500,000. 320 |
---|
409 | | - | (e) For the Department of Education: 321 |
---|
410 | | - | (1) Grants-in-aid to local and regional boards of education to assist 322 |
---|
411 | | - | targeted local and regional school districts for alterations, repairs, 323 |
---|
412 | | - | improvements, technology and equipment in low-performing schools, 324 |
---|
413 | | - | not exceeding $5,000,000; 325 |
---|
414 | | - | (2) Grants-in-aid to organizations that operate promise programs to 326 |
---|
415 | | - | provide scholarships to increase access to higher education for residents 327 |
---|
416 | | - | of a city, not exceeding $7,000,000, provided not less than $2,500,000 328 |
---|
417 | | - | shall be used for a grant to an organization that operates such a program 329 |
---|
418 | | - | for residents of Waterbury and not less than $2,500,000 shall be used for 330 |
---|
419 | | - | a grant to an organization that operates such a program for residents of 331 |
---|
420 | | - | Bridgeport. 332 |
---|
421 | | - | (f) For the Office of Early Childhood: Grants-in-aid for constructing, 333 |
---|
422 | | - | improving or equipping child care centers, including, but not limited to, 334 |
---|
423 | | - | payment of associated costs for architectural, engineering or demolition 335 |
---|
424 | | - | services related to the infant and toddler pilot program, not exceeding 336 |
---|
425 | | - | $5,000,000. 337 |
---|
426 | | - | (g) For the State Library: Grants-in-aid to public libraries for 338 |
---|
427 | | - | construction, renovations, expansions, energy conservation and 339 |
---|
428 | | - | handicapped accessibility under the provisions of section 11-24c of the 340 |
---|
429 | | - | general statutes, not exceeding $5,000,000. 341 |
---|
430 | | - | (h) For the Capital Region Development Authority: Grant-in-aid to 342 |
---|
431 | | - | the municipality of East Hartford for the purposes of general economic 343 Substitute Bill No. 980 |
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436 | | - | 13 of 77 |
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437 | | - | |
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438 | | - | development activities, including the development of the infrastructure 344 |
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439 | | - | and improvements to the riverfront; the creation of housing units 345 |
---|
440 | | - | through rehabilitation and new construction; the demolition or 346 |
---|
441 | | - | redevelopment of vacant buildings; and redevelopment, not exceeding 347 |
---|
442 | | - | $10,000,000. 348 |
---|
443 | | - | Sec. 14. (Effective July 1, 2023) All provisions of section 3-20 of the 349 |
---|
444 | | - | general statutes or the exercise of any right or power granted thereby 350 |
---|
445 | | - | which are not inconsistent with the provisions of sections 12 to 19, 351 |
---|
446 | | - | inclusive, of this act are hereby adopted and shall apply to all bonds 352 |
---|
447 | | - | authorized by the State Bond Commission pursuant to sections 12 to 19, 353 |
---|
448 | | - | inclusive, of this act and temporary notes issued in anticipation of the 354 |
---|
449 | | - | money to be derived from the sale of any such bonds so authorized may 355 |
---|
450 | | - | be issued in accordance with said sections 12 to 19, inclusive, and from 356 |
---|
451 | | - | time to time renewed. Such bonds shall mature at such time or times not 357 |
---|
452 | | - | exceeding twenty years from their respective dates as may be provided 358 |
---|
453 | | - | in or pursuant to the resolution or resolutions of the State Bond 359 |
---|
454 | | - | Commission authorizing such bonds. 360 |
---|
455 | | - | Sec. 15. (Effective July 1, 2023) None of the bonds described in sections 361 |
---|
456 | | - | 12 to 19, inclusive, of this act shall be authorized except upon a finding 362 |
---|
457 | | - | by the State Bond Commission that there has been filed with it a request 363 |
---|
458 | | - | for such authorization, which is signed by the Secretary of the Office of 364 |
---|
459 | | - | Policy and Management or by or on behalf of such state officer, 365 |
---|
460 | | - | department or agency and stating such terms and conditions as said 366 |
---|
461 | | - | commission, in its discretion, may require. 367 |
---|
462 | | - | Sec. 16. (Effective July 1, 2023) For the purposes of sections 12 to 19, 368 |
---|
463 | | - | inclusive, of this act, "state moneys" means the proceeds of the sale of 369 |
---|
464 | | - | bonds authorized pursuant to said sections 12 to 19, inclusive, or of 370 |
---|
465 | | - | temporary notes issued in anticipation of the moneys to be derived from 371 |
---|
466 | | - | the sale of such bonds. Each request filed as provided in section 15 of 372 |
---|
467 | | - | this act for an authorization of bonds shall identify the project for which 373 |
---|
468 | | - | the proceeds of the sale of such bonds are to be used and expended and, 374 |
---|
469 | | - | in addition to any terms and conditions required pursuant to said 375 |
---|
470 | | - | section 15, include the recommendation of the person signing such 376 Substitute Bill No. 980 |
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476 | | - | |
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477 | | - | request as to the extent to which federal, private or other moneys then 377 |
---|
478 | | - | available or thereafter to be made available for costs in connection with 378 |
---|
479 | | - | any such project should be added to the state moneys available or 379 |
---|
480 | | - | becoming available under said sections 12 to 19, inclusive, for such 380 |
---|
481 | | - | project. If the request includes a recommendation that some amount of 381 |
---|
482 | | - | such federal, private or other moneys should be added to such state 382 |
---|
483 | | - | moneys, then, if and to the extent directed by the State Bond 383 |
---|
484 | | - | Commission at the time of authorization of such bonds, such amount of 384 |
---|
485 | | - | such federal, private or other moneys then available or thereafter to be 385 |
---|
486 | | - | made available for costs in connection with such project may be added 386 |
---|
487 | | - | to any state moneys available or becoming available hereunder for such 387 |
---|
488 | | - | project and be used for such project. Any other federal, private or other 388 |
---|
489 | | - | moneys then available or thereafter to be made available for costs in 389 |
---|
490 | | - | connection with such project upon receipt shall, in conformity with 390 |
---|
491 | | - | applicable federal and state law, be used by the State Treasurer to meet 391 |
---|
492 | | - | the principal of outstanding bonds issued pursuant to said sections 12 392 |
---|
493 | | - | to 19, inclusive, or to meet the principal of temporary notes issued in 393 |
---|
494 | | - | anticipation of the money to be derived from the sale of bonds 394 |
---|
495 | | - | theretofore authorized pursuant to said sections 12 to 19, inclusive, for 395 |
---|
496 | | - | the purpose of financing such costs, either by purchase or redemption 396 |
---|
497 | | - | and cancellation of such bonds or notes or by payment thereof at 397 |
---|
498 | | - | maturity. Whenever any of the federal, private or other moneys so 398 |
---|
499 | | - | received with respect to such project are used to meet the principal of 399 |
---|
500 | | - | such temporary notes or whenever the principal of any such temporary 400 |
---|
501 | | - | notes is retired by application of revenue receipts of the state, the 401 |
---|
502 | | - | amount of bonds theretofore authorized in anticipation of which such 402 |
---|
503 | | - | temporary notes were issued, and the aggregate amount of bonds which 403 |
---|
504 | | - | may be authorized pursuant to section 12 of this act shall each be 404 |
---|
505 | | - | reduced by the amount of the principal so met or retired. Pending use 405 |
---|
506 | | - | of the federal, private or other moneys so received to meet the principal 406 |
---|
507 | | - | as directed in this section, the amount thereof may be invested by the 407 |
---|
508 | | - | State Treasurer in bonds or obligations of, or guaranteed by, the state or 408 |
---|
509 | | - | the United States or agencies or instrumentalities of the United States, 409 |
---|
510 | | - | shall be deemed to be part of the debt retirement funds of the state, and 410 |
---|
511 | | - | net earnings on such investments shall be used in the same manner as 411 Substitute Bill No. 980 |
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517 | | - | |
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518 | | - | the moneys so invested. 412 |
---|
519 | | - | Sec. 17. (Effective July 1, 2023) The bonds issued pursuant to sections 413 |
---|
520 | | - | 12 to 19, inclusive, of this act shall be general obligations of the state and 414 |
---|
521 | | - | the full faith and credit of the state of Connecticut are pledged for the 415 |
---|
522 | | - | payment of the principal of and interest on said bonds as the same 416 |
---|
523 | | - | become due, and accordingly and as part of the contract of the state with 417 |
---|
524 | | - | the holders of said bonds, appropriation of all amounts necessary for 418 |
---|
525 | | - | punctual payment of such principal and interest is hereby made, and 419 |
---|
526 | | - | the State Treasurer shall pay such principal and interest as the same 420 |
---|
527 | | - | become due. 421 |
---|
528 | | - | Sec. 18. (Effective July 1, 2023) In accordance with section 13 of this act, 422 |
---|
529 | | - | the state, through the state agencies specified in said section 13, may 423 |
---|
530 | | - | provide grants-in-aid and other financings to or for the agencies for the 424 |
---|
531 | | - | purposes and projects as described in said section 13. All financing shall 425 |
---|
532 | | - | be made in accordance with the terms of a contract at such time or times 426 |
---|
533 | | - | as shall be determined within authorization of funds by the State Bond 427 |
---|
534 | | - | Commission. 428 |
---|
535 | | - | Sec. 19. (Effective July 1, 2023) In the case of any grant-in-aid made 429 |
---|
536 | | - | pursuant to subsection (a), (b), (c), (d), (e), (f), (g) or (h) of section 13 of 430 |
---|
537 | | - | this act that is made to any entity which is not a political subdivision of 431 |
---|
538 | | - | the state, the contract entered into pursuant to section 13 of this act shall 432 |
---|
539 | | - | provide that if the premises for which such grant-in-aid was made 433 |
---|
540 | | - | ceases, within ten years of the date of such grant, to be used as a facility 434 |
---|
541 | | - | for which such grant was made, an amount equal to the amount of such 435 |
---|
542 | | - | grant, minus ten per cent per year for each full year which has elapsed 436 |
---|
543 | | - | since the date of such grant, shall be repaid to the state and that a lien 437 |
---|
544 | | - | shall be placed on such land in favor of the state to ensure that such 438 |
---|
545 | | - | amount shall be repaid in the event of such change in use, provided if 439 |
---|
546 | | - | the premises for which such grant-in-aid was made are owned by the 440 |
---|
547 | | - | state, a municipality or a housing authority, no lien need be placed. 441 |
---|
548 | | - | Sec. 20. (Effective July 1, 2024) The State Bond Commission shall have 442 |
---|
549 | | - | power, in accordance with the provisions of this section and sections 21 443 Substitute Bill No. 980 |
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550 | | - | |
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554 | | - | 16 of 77 |
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555 | | - | |
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556 | | - | to 26, inclusive, of this act, from time to time to authorize the issuance 444 |
---|
557 | | - | of bonds of the state in one or more series and in principal amounts in 445 |
---|
558 | | - | the aggregate not exceeding $463,845,000. 446 |
---|
559 | | - | Sec. 21. (Effective July 1, 2024) The proceeds of the sale of bonds 447 |
---|
560 | | - | described in sections 20 to 26, inclusive, of this act, to the extent 448 |
---|
561 | | - | hereinafter stated, shall be used for the purpose of acquiring, by 449 |
---|
562 | | - | purchase or condemnation, undertaking, constructing, reconstructing, 450 |
---|
563 | | - | improving or equipping, or purchasing land or buildings or improving 451 |
---|
564 | | - | sites for the projects hereinafter described, including payment of 452 |
---|
565 | | - | architectural, engineering, demolition or related costs in connection 453 |
---|
566 | | - | therewith, or of payment of the cost of long-range capital programming 454 |
---|
567 | | - | and space utilization studies as hereinafter stated: 455 |
---|
568 | | - | (a) For the Office of Policy and Management: For an information 456 |
---|
569 | | - | technology capital investment program, not exceeding $65,000,000. 457 |
---|
570 | | - | (b) For the Department of Administrative Services: 458 |
---|
571 | | - | (1) Removal or encapsulation of asbestos and hazardous materials in 459 |
---|
572 | | - | state-owned buildings, not exceeding $2,500,000; 460 |
---|
573 | | - | (2) Infrastructure repairs and improvements, including fire, safety 461 |
---|
574 | | - | and compliance with the Americans with Disabilities Act 462 |
---|
575 | | - | improvements, improvements to state-owned buildings and grounds, 463 |
---|
576 | | - | including energy-conservation and off-site improvements, and 464 |
---|
577 | | - | preservation of unoccupied buildings and grounds, including office 465 |
---|
578 | | - | development, acquisition, renovations for additional parking and 466 |
---|
579 | | - | security improvements at state-occupied buildings, not exceeding 467 |
---|
580 | | - | $12,500,000. 468 |
---|
581 | | - | (c) For the Department of Emergency Services and Public Protection: 469 |
---|
582 | | - | Alterations, renovations and improvements to buildings and grounds, 470 |
---|
583 | | - | including utilities, mechanical systems and energy conservation 471 |
---|
584 | | - | projects, not exceeding $15,750,000. 472 |
---|
585 | | - | (d) For the Military Department: 473 Substitute Bill No. 980 |
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586 | | - | |
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591 | | - | |
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592 | | - | (1) State matching funds for anticipated federal reimbursable 474 |
---|
593 | | - | projects, not exceeding $200,000; 475 |
---|
594 | | - | (2) Alterations, renovations and improvements to buildings and 476 |
---|
595 | | - | grounds, including utilities, mechanical systems and energy 477 |
---|
596 | | - | conservation, not exceeding $3,000,000. 478 |
---|
597 | | - | (e) For the Department of Energy and Environmental Protection: 479 |
---|
598 | | - | (1) Recreation and Natural Heritage Trust Program for recreation, 480 |
---|
599 | | - | open space, resource protection and resource management, not 481 |
---|
600 | | - | exceeding $3,000,000; 482 |
---|
601 | | - | (2) Alterations, renovations and new construction at state parks and 483 |
---|
602 | | - | other recreation facilities, including Americans with Disabilities Act 484 |
---|
603 | | - | improvements, not exceeding $30,000,000; 485 |
---|
604 | | - | (3) Water pollution control projects at state facilities and for 486 |
---|
605 | | - | engineering reports for regional planning agencies, not exceeding 487 |
---|
606 | | - | $1,000,000; 488 |
---|
607 | | - | (4) For the purpose of funding projects in state buildings and assets 489 |
---|
608 | | - | that result in decreased environmental impacts, including projects: That 490 |
---|
609 | | - | improve energy efficiency pursuant to section 16a-38l of the general 491 |
---|
610 | | - | statutes; that reduce greenhouse gas emissions from building heating 492 |
---|
611 | | - | and cooling, including installation of renewable thermal heating 493 |
---|
612 | | - | systems; that expand electric vehicle charging infrastructure to support 494 |
---|
613 | | - | charging on state property; that reduce water use; that reduce waste 495 |
---|
614 | | - | generation and disposal; or for any renewable energy, or combined heat 496 |
---|
615 | | - | and power project in state buildings, not exceeding $25,000,000; 497 |
---|
616 | | - | (5) Dam repairs, including state-owned dams, not exceeding 498 |
---|
617 | | - | $2,500,000; 499 |
---|
618 | | - | (6) Various flood control improvements, flood repair, erosion 500 |
---|
619 | | - | damage repairs and municipal dam repairs, not exceeding $1,250,000. 501 Substitute Bill No. 980 |
---|
620 | | - | |
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625 | | - | |
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626 | | - | (f) For the Capital Region Development Authority: 502 |
---|
627 | | - | (1) Alterations, renovations and improvements at the Connecticut 503 |
---|
628 | | - | Convention Center and Rentschler Field, not exceeding $17,000,000; 504 |
---|
629 | | - | (2) Alterations, renovations and improvements to parking garages in 505 |
---|
630 | | - | Hartford, not exceeding $5,000,000. 506 |
---|
631 | | - | (g) For the Department of Mental Health and Addiction Services: 507 |
---|
632 | | - | Fire, safety and environmental improvements to regional facilities for 508 |
---|
633 | | - | client and staff needs, including improvements in compliance with 509 |
---|
634 | | - | current codes, including intermediate care facilities and site 510 |
---|
635 | | - | improvements, handicapped access improvements, utilities, repair or 511 |
---|
636 | | - | replacement of roofs, air conditioning and other interior and exterior 512 |
---|
637 | | - | building renovations and additions at all state-owned facilities, not 513 |
---|
638 | | - | exceeding $30,990,000. 514 |
---|
639 | | - | (h) For the State Library: Renovation of the Middletown Library 515 |
---|
640 | | - | Service Center, not exceeding $355,000. 516 |
---|
641 | | - | (i) For The University of Connecticut Health Center: 517 |
---|
642 | | - | (1) Deferred maintenance, code compliance and infrastructure 518 |
---|
643 | | - | improvements, not exceeding $30,000,000; 519 |
---|
644 | | - | (2) System telecommunications infrastructure upgrades, 520 |
---|
645 | | - | improvements and expansions, not exceeding $3,000,000. 521 |
---|
646 | | - | (j) For the Connecticut State Colleges and Universities: 522 |
---|
647 | | - | (1) System telecommunications infrastructure upgrades, 523 |
---|
648 | | - | improvements and expansions, not exceeding $9,000,000; 524 |
---|
649 | | - | (2) Advanced manufacturing and emerging technology programs, 525 |
---|
650 | | - | not exceeding $3,000,000; 526 |
---|
651 | | - | (3) All state colleges and universities: Security Improvements, not 527 |
---|
652 | | - | exceeding $3,000,000; 528 Substitute Bill No. 980 |
---|
653 | | - | |
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658 | | - | |
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659 | | - | (4) All universities: Deferred maintenance, code compliance and 529 |
---|
660 | | - | infrastructure improvements, not exceeding $70,200,000; 530 |
---|
661 | | - | (5) All universities: New and replacement instruction, research or 531 |
---|
662 | | - | laboratory equipment, not exceeding $25,000,000; 532 |
---|
663 | | - | (6) All community colleges: Deferred maintenance, code compliance 533 |
---|
664 | | - | and infrastructure improvements, not exceeding $32,600,000; 534 |
---|
665 | | - | (7) All community colleges: New and replacement instruction, 535 |
---|
666 | | - | research or laboratory equipment, not exceeding $23,000,000. 536 |
---|
667 | | - | (k) For the Department of Correction: Alterations, renovations and 537 |
---|
668 | | - | improvements to existing state-owned buildings for inmate housing, 538 |
---|
669 | | - | programming and staff training space and additional inmate capacity, 539 |
---|
670 | | - | and for support facilities and off-site improvements, not exceeding 540 |
---|
671 | | - | $35,000,000. 541 |
---|
672 | | - | (l) For the Judicial Department: 542 |
---|
673 | | - | (1) Alterations, renovations and improvements to buildings and 543 |
---|
674 | | - | grounds at state-owned and maintained facilities, not exceeding 544 |
---|
675 | | - | $10,000,000; 545 |
---|
676 | | - | (2) Security improvements at various state-owned and maintained 546 |
---|
677 | | - | facilities, not exceeding $2,000,000; 547 |
---|
678 | | - | (3) Alterations and improvements in compliance with the Americans 548 |
---|
679 | | - | with Disabilities Act, not exceeding $1,000,000; 549 |
---|
680 | | - | (4) Implementation of the Technology Strategic Plan Project, not 550 |
---|
681 | | - | exceeding $2,000,000. 551 |
---|
682 | | - | Sec. 22. (Effective July 1, 2024) All provisions of section 3-20 of the 552 |
---|
683 | | - | general statutes or the exercise of any right or power granted thereby 553 |
---|
684 | | - | which are not inconsistent with the provisions of sections 20 to 26, 554 |
---|
685 | | - | inclusive, of this act are hereby adopted and shall apply to all bonds 555 |
---|
686 | | - | authorized by the State Bond Commission pursuant to sections 20 to 26, 556 Substitute Bill No. 980 |
---|
687 | | - | |
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691 | | - | 20 of 77 |
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692 | | - | |
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693 | | - | inclusive, of this act and temporary notes issued in anticipation of the 557 |
---|
694 | | - | money to be derived from the sale of any such bonds so authorized may 558 |
---|
695 | | - | be issued in accordance with said section 3-20 and from time to time 559 |
---|
696 | | - | renewed. Such bonds shall mature at such time or times not exceeding 560 |
---|
697 | | - | twenty years from their respective dates as may be provided in or 561 |
---|
698 | | - | pursuant to the resolution or resolutions of the State Bond Commission 562 |
---|
699 | | - | authorizing such bonds. 563 |
---|
700 | | - | Sec. 23. (Effective July 1, 2024) None of the bonds described in sections 564 |
---|
701 | | - | 20 to 26, inclusive, of this act, shall be authorized except upon a finding 565 |
---|
702 | | - | by the State Bond Commission that there has been filed with it a request 566 |
---|
703 | | - | for such authorization, which is signed by the Secretary of the Office of 567 |
---|
704 | | - | Policy and Management or by or on behalf of such state officer, 568 |
---|
705 | | - | department or agency and stating such terms and conditions as said 569 |
---|
706 | | - | commission, in its discretion, may require. 570 |
---|
707 | | - | Sec. 24. (Effective July 1, 2024) For the purposes of sections 20 to 26, 571 |
---|
708 | | - | inclusive, of this act, "state moneys" means the proceeds of the sale of 572 |
---|
709 | | - | bonds authorized pursuant to said sections 20 to 26, inclusive, or of 573 |
---|
710 | | - | temporary notes issued in anticipation of the moneys to be derived from 574 |
---|
711 | | - | the sale of such bonds. Each request filed as provided in section 23 of 575 |
---|
712 | | - | this act for an authorization of bonds shall identify the project for which 576 |
---|
713 | | - | the proceeds of the sale of such bonds are to be used and expended and, 577 |
---|
714 | | - | in addition to any terms and conditions required pursuant to said 578 |
---|
715 | | - | section 23, shall include the recommendation of the person signing such 579 |
---|
716 | | - | request as to the extent to which federal, private or other moneys then 580 |
---|
717 | | - | available or thereafter to be made available for costs in connection with 581 |
---|
718 | | - | any such project should be added to the state moneys available or 582 |
---|
719 | | - | becoming available hereunder for such project. If the request includes a 583 |
---|
720 | | - | recommendation that some amount of such federal, private or other 584 |
---|
721 | | - | moneys should be added to such state moneys, then, if and to the extent 585 |
---|
722 | | - | directed by the State Bond Commission at the time of authorization of 586 |
---|
723 | | - | such bonds, such amount of such federal, private or other moneys then 587 |
---|
724 | | - | available, or thereafter to be made available for costs in connection with 588 |
---|
725 | | - | such project, may be added to any state moneys available or becoming 589 Substitute Bill No. 980 |
---|
726 | | - | |
---|
727 | | - | |
---|
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730 | | - | 21 of 77 |
---|
731 | | - | |
---|
732 | | - | available hereunder for such project and shall be used for such project. 590 |
---|
733 | | - | Any other federal, private or other moneys then available or thereafter 591 |
---|
734 | | - | to be made available for costs in connection with such project shall, 592 |
---|
735 | | - | upon receipt, be used by the State Treasurer, in conformity with 593 |
---|
736 | | - | applicable federal and state law, to meet the principal of outstanding 594 |
---|
737 | | - | bonds issued pursuant to sections 20 to 26, inclusive, of this act, or to 595 |
---|
738 | | - | meet the principal of temporary notes issued in anticipation of the 596 |
---|
739 | | - | money to be derived from the sale of bonds theretofore authorized 597 |
---|
740 | | - | pursuant to said sections 20 to 26, inclusive, for the purpose of financing 598 |
---|
741 | | - | such costs, either by purchase or redemption and cancellation of such 599 |
---|
742 | | - | bonds or notes or by payment thereof at maturity. Whenever any of the 600 |
---|
743 | | - | federal, private or other moneys so received with respect to such project 601 |
---|
744 | | - | are used to meet the principal of such temporary notes or whenever 602 |
---|
745 | | - | principal of any such temporary notes is retired by application of 603 |
---|
746 | | - | revenue receipts of the state, the amount of bonds theretofore 604 |
---|
747 | | - | authorized in anticipation of which such temporary notes were issued, 605 |
---|
748 | | - | and the aggregate amount of bonds which may be authorized pursuant 606 |
---|
749 | | - | to section 20 of this act, shall each be reduced by the amount of the 607 |
---|
750 | | - | principal so met or retired. Pending use of the federal, private or other 608 |
---|
751 | | - | moneys so received to meet principal as hereinabove directed, the 609 |
---|
752 | | - | amount thereof may be invested by the State Treasurer in bonds or 610 |
---|
753 | | - | obligations of, or guaranteed by, the state or the United States or 611 |
---|
754 | | - | agencies or instrumentalities of the United States, shall be deemed to be 612 |
---|
755 | | - | part of the debt retirement funds of the state, and net earnings on such 613 |
---|
756 | | - | investments shall be used in the same manner as the moneys so 614 |
---|
757 | | - | invested. 615 |
---|
758 | | - | Sec. 25. (Effective July 1, 2024) Any balance of proceeds of the sale of 616 |
---|
759 | | - | said bonds authorized for any project described in section 21 of this act 617 |
---|
760 | | - | in excess of the cost of such project may be used to complete any other 618 |
---|
761 | | - | project described in said section 21, if the State Bond Commission shall 619 |
---|
762 | | - | so determine and direct. Any balance of proceeds of the sale of said 620 |
---|
763 | | - | bonds in excess of the costs of all the projects described in said section 621 |
---|
764 | | - | 21 shall be deposited to the credit of the General Fund. 622 Substitute Bill No. 980 |
---|
765 | | - | |
---|
766 | | - | |
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769 | | - | 22 of 77 |
---|
770 | | - | |
---|
771 | | - | Sec. 26. (Effective July 1, 2024) The bonds issued pursuant to this 623 |
---|
772 | | - | section and sections 20 to 25, inclusive, of this act shall be general 624 |
---|
773 | | - | obligations of the state and the full faith and credit of the state of 625 |
---|
774 | | - | Connecticut are pledged for the payment of the principal of and interest 626 |
---|
775 | | - | on said bonds as the same become due, and accordingly and as part of 627 |
---|
776 | | - | the contract of the state with the holders of said bonds, appropriation of 628 |
---|
777 | | - | all amounts necessary for punctual payment of such principal and 629 |
---|
778 | | - | interest is hereby made, and the State Treasurer shall pay such principal 630 |
---|
779 | | - | and interest as the same become due. 631 |
---|
780 | | - | Sec. 27. (Effective July 1, 2024) The State Bond Commission shall have 632 |
---|
781 | | - | power, in accordance with the provisions of this section and sections 28 633 |
---|
782 | | - | and 29 of this act, from time to time to authorize the issuance of bonds 634 |
---|
783 | | - | of the state in one or more series and in principal amounts in the 635 |
---|
784 | | - | aggregate, not exceeding $50,000,000. 636 |
---|
785 | | - | Sec. 28. (Effective July 1, 2024) The proceeds of the sale of bonds 637 |
---|
786 | | - | described in sections 27 to 30, inclusive, of this act shall be used by the 638 |
---|
787 | | - | Department of Housing for the purposes hereinafter stated: Housing 639 |
---|
788 | | - | development and rehabilitation, including moderate cost housing, 640 |
---|
789 | | - | moderate rental, congregate and elderly housing, urban homesteading, 641 |
---|
790 | | - | community housing development corporations, housing purchase and 642 |
---|
791 | | - | rehabilitation, housing for the homeless, housing for low-income 643 |
---|
792 | | - | persons, limited equity cooperatives and mutual housing projects, 644 |
---|
793 | | - | abatement of hazardous material including asbestos and lead-based 645 |
---|
794 | | - | paint in residential structures, emergency repair assistance for senior 646 |
---|
795 | | - | citizens, housing land bank and land trust, housing and community 647 |
---|
796 | | - | development, predevelopment grants and loans, reimbursement for 648 |
---|
797 | | - | state and federal surplus property, private rental investment mortgage 649 |
---|
798 | | - | and equity program, housing infrastructure, demolition, renovation or 650 |
---|
799 | | - | redevelopment of vacant buildings or related infrastructure, septic 651 |
---|
800 | | - | system repair loan program, acquisition and related rehabilitation, 652 |
---|
801 | | - | including loan guarantees for private developers of rental housing for 653 |
---|
802 | | - | the elderly, projects under the program established in section 8-37pp of 654 |
---|
803 | | - | the general statutes and participation in federal programs, including 655 Substitute Bill No. 980 |
---|
804 | | - | |
---|
805 | | - | |
---|
806 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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808 | | - | 23 of 77 |
---|
809 | | - | |
---|
810 | | - | administrative expenses associated with those programs eligible under 656 |
---|
811 | | - | the general statutes, not exceeding $50,000,000. 657 |
---|
812 | | - | Sec. 29. (Effective July 1, 2024) None of the bonds described in sections 658 |
---|
813 | | - | 27 to 30, inclusive, of this act shall be authorized except upon a finding 659 |
---|
814 | | - | by the State Bond Commission that there has been filed with it a request 660 |
---|
815 | | - | for such authorization, which is signed by the Secretary of the Office of 661 |
---|
816 | | - | Policy and Management or by or on behalf of such state officer, 662 |
---|
817 | | - | department or agency and stating such terms and conditions as said 663 |
---|
818 | | - | commission, in its discretion, may require. 664 |
---|
819 | | - | Sec. 30. (Effective July 1, 2024) All provisions of section 3-20 of the 665 |
---|
820 | | - | general statutes, or the exercise of any right or power granted thereby 666 |
---|
821 | | - | which are not inconsistent with the provisions of this section and 667 |
---|
822 | | - | sections 27 to 29, inclusive, of this act are hereby adopted and shall apply 668 |
---|
823 | | - | to all bonds authorized by the State Bond Commission pursuant to this 669 |
---|
824 | | - | section and sections 27 to 29, inclusive, of this act and temporary notes 670 |
---|
825 | | - | in anticipation of the money to be derived from the sale of any such 671 |
---|
826 | | - | bonds so authorized may be issued in accordance with said section 3-20 672 |
---|
827 | | - | and from time to time renewed. Such bonds shall mature at such time 673 |
---|
828 | | - | or times not exceeding twenty years from their respective dates as may 674 |
---|
829 | | - | be provided in or pursuant to the resolution or resolutions of the State 675 |
---|
830 | | - | Bond Commission authorizing such bonds. Such bonds issued pursuant 676 |
---|
831 | | - | to section 27 of this act shall be general obligations of the state and the 677 |
---|
832 | | - | full faith and credit of the state of Connecticut are pledged for the 678 |
---|
833 | | - | payment of the principal of and interest on such bonds as the same 679 |
---|
834 | | - | become due, and accordingly and as part of the contract of the state with 680 |
---|
835 | | - | the holders of such bonds, appropriation of all amounts necessary for 681 |
---|
836 | | - | punctual payment of such principal and interest is hereby made, and 682 |
---|
837 | | - | the State Treasurer shall pay such principal and interest as the same 683 |
---|
838 | | - | become due. 684 |
---|
839 | | - | Sec. 31. (Effective July 1, 2024) The State Bond Commission shall have 685 |
---|
840 | | - | power, in accordance with the provisions of this section and sections 32 686 |
---|
841 | | - | to 38, inclusive, of this act, from time to time to authorize the issuance 687 |
---|
842 | | - | of bonds of the state in one or more series and in principal amounts in 688 Substitute Bill No. 980 |
---|
843 | | - | |
---|
844 | | - | |
---|
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847 | | - | 24 of 77 |
---|
848 | | - | |
---|
849 | | - | the aggregate, not exceeding $250,500,000. 689 |
---|
850 | | - | Sec. 32. (Effective July 1, 2024) The proceeds of the sale of the bonds 690 |
---|
851 | | - | described in sections 31 to 38, inclusive, of this act shall be used for the 691 |
---|
852 | | - | purpose of providing grants-in-aid and other financing for the projects, 692 |
---|
853 | | - | programs and purposes hereinafter stated: 693 |
---|
854 | | - | (a) For the Office of Policy and Management: 694 |
---|
855 | | - | (1) Grants-in-aid to distressed municipalities eligible under section 695 |
---|
856 | | - | 32-9s of the general statutes for capital purposes, not exceeding 696 |
---|
857 | | - | $7,000,000; 697 |
---|
858 | | - | (2) Grants-in-aid to private, nonprofit health and human service 698 |
---|
859 | | - | organizations that are exempt under Section 501(c)(3) of the Internal 699 |
---|
860 | | - | Revenue Code of 1986, and that receive funds from the state to provide 700 |
---|
861 | | - | direct health or human services to state agency clients, for alterations, 701 |
---|
862 | | - | renovations, improvements, additions and new construction, including 702 |
---|
863 | | - | health, safety, compliance with the Americans with Disabilities Act and 703 |
---|
864 | | - | energy conservation improvements, information technology systems, 704 |
---|
865 | | - | technology for independence, purchase of vehicles and acquisition of 705 |
---|
866 | | - | property, not exceeding $25,000,000; 706 |
---|
867 | | - | (3) Grants-in-aid for regional and local improvements and 707 |
---|
868 | | - | development, not exceeding $20,000,000. 708 |
---|
869 | | - | (b) For the Department of Energy and Environmental Protection: 709 |
---|
870 | | - | (1) Grants-in-aid to municipalities for open space land acquisition 710 |
---|
871 | | - | and development for conservation or recreational purposes, not 711 |
---|
872 | | - | exceeding $10,000,000; 712 |
---|
873 | | - | (2) Grants-in-aid for containment, removal or mitigation of identified 713 |
---|
874 | | - | hazardous waste disposal sites, not exceeding $17,000,000; 714 |
---|
875 | | - | (3) Grants-in-aid for identification, investigation, containment, 715 |
---|
876 | | - | removal or mitigation of contaminated industrial sites in urban areas, 716 Substitute Bill No. 980 |
---|
877 | | - | |
---|
878 | | - | |
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881 | | - | 25 of 77 |
---|
882 | | - | |
---|
883 | | - | not exceeding $2,500,000; 717 |
---|
884 | | - | (4) Grants-in-aid to municipalities for the purpose of testing for 718 |
---|
885 | | - | pollution from perfluoroalkyl and polyfluoroalkyl substances, 719 |
---|
886 | | - | providing potable water to persons affected by such pollution, remedial 720 |
---|
887 | | - | action to address such pollution and buyback of aqueous film-forming 721 |
---|
888 | | - | firefighting foam containing perfluoroalkyl and polyfluoroalkyl 722 |
---|
889 | | - | substances, not exceeding $2,000,000; 723 |
---|
890 | | - | (5) Grants-in-aid to provide matching funds necessary for 724 |
---|
891 | | - | municipalities, local and regional boards of education and school bus 725 |
---|
892 | | - | operators to submit federal grant applications in order to maximize 726 |
---|
893 | | - | federal funding for the purchase or lease of zero-emission school buses 727 |
---|
894 | | - | and electric vehicle charging or fueling infrastructure, not exceeding 728 |
---|
895 | | - | $10,000,000; 729 |
---|
896 | | - | (6) Microgrid and resilience grant and loan pilot program, not 730 |
---|
897 | | - | exceeding $25,000,000. 731 |
---|
898 | | - | (c) For the Department of Economic and Community Development: 732 |
---|
899 | | - | (1) For the Brownfield Remediation and Revitalization program, not 733 |
---|
900 | | - | exceeding $35,000,000; 734 |
---|
901 | | - | (2) For the Small Business Express program established by section 32-735 |
---|
902 | | - | 7g of the general statutes, not exceeding $25,000,000; 736 |
---|
903 | | - | (3) For the Connecticut Manufacturing Innovation Fund established 737 |
---|
904 | | - | by section 32-7o of the general statutes, not exceeding $15,000,000. 738 |
---|
905 | | - | (d) For the Department of Public Health: For grants-in-aid to public 739 |
---|
906 | | - | water systems for drinking water projects, not exceeding $25,000,000. 740 |
---|
907 | | - | (e) For the Department of Education: 741 |
---|
908 | | - | (1) Grants-in-aid to local and regional boards of education to assist 742 |
---|
909 | | - | targeted local and regional school districts for alterations, repairs, 743 |
---|
910 | | - | improvements, technology and equipment in low-performing schools, 744 Substitute Bill No. 980 |
---|
911 | | - | |
---|
912 | | - | |
---|
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915 | | - | 26 of 77 |
---|
916 | | - | |
---|
917 | | - | not exceeding $5,000,000; 745 |
---|
918 | | - | (2) Grants-in-aid to organizations that operate promise programs to 746 |
---|
919 | | - | provide scholarships to increase access to higher education for residents 747 |
---|
920 | | - | of a city, not exceeding $7,000,000, provided not less than $2,500,000 748 |
---|
921 | | - | shall be used for a grant to an organization that operates such a program 749 |
---|
922 | | - | for residents of Waterbury and not less than $2,500,000 shall be used for 750 |
---|
923 | | - | a grant to an organization that operates such a program for residents of 751 |
---|
924 | | - | Bridgeport. 752 |
---|
925 | | - | (f) For the Office of Early Childhood: Grants-in-aid for constructing, 753 |
---|
926 | | - | improving or equipping child care centers, including, but not limited to, 754 |
---|
927 | | - | payment of associated costs for architectural, engineering or demolition 755 |
---|
928 | | - | services related to the infant and toddler pilot program, not exceeding 756 |
---|
929 | | - | $5,000,000. 757 |
---|
930 | | - | (g) For the State Library: Grants-in-aid to public libraries for 758 |
---|
931 | | - | construction, renovations, expansions, energy conservation and 759 |
---|
932 | | - | handicapped accessibility under the provisions of section 11-24c of the 760 |
---|
933 | | - | general statutes, not exceeding $5,000,000. 761 |
---|
934 | | - | (h) For the Capital Region Development Authority: Grant-in-aid to 762 |
---|
935 | | - | the municipality of East Hartford for the purposes of general economic 763 |
---|
936 | | - | development activities, including the development of the infrastructure 764 |
---|
937 | | - | and improvements to the riverfront; the creation of housing units 765 |
---|
938 | | - | through rehabilitation and new construction; the demolition or 766 |
---|
939 | | - | redevelopment of vacant buildings; and redevelopment, not exceeding 767 |
---|
940 | | - | $10,000,000. 768 |
---|
941 | | - | Sec. 33. (Effective July 1, 2024) All provisions of section 3-20 of the 769 |
---|
942 | | - | general statutes or the exercise of any right or power granted thereby 770 |
---|
943 | | - | which are not inconsistent with the provisions of sections 31 to 38, 771 |
---|
944 | | - | inclusive, of this act are hereby adopted and shall apply to all bonds 772 |
---|
945 | | - | authorized by the State Bond Commission pursuant to sections 31 to 38, 773 |
---|
946 | | - | inclusive, of this act and temporary notes issued in anticipation of the 774 |
---|
947 | | - | money to be derived from the sale of any such bonds so authorized may 775 Substitute Bill No. 980 |
---|
948 | | - | |
---|
949 | | - | |
---|
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952 | | - | 27 of 77 |
---|
953 | | - | |
---|
954 | | - | be issued in accordance with said sections 31 to 38, inclusive, and from 776 |
---|
955 | | - | time to time renewed. Such bonds shall mature at such time or times not 777 |
---|
956 | | - | exceeding twenty years from their respective dates as may be provided 778 |
---|
957 | | - | in or pursuant to the resolution or resolutions of the State Bond 779 |
---|
958 | | - | Commission authorizing such bonds. 780 |
---|
959 | | - | Sec. 34. (Effective July 1, 2024) None of the bonds described in sections 781 |
---|
960 | | - | 31 to 38, inclusive, of this act shall be authorized except upon a finding 782 |
---|
961 | | - | by the State Bond Commission that there has been filed with it a request 783 |
---|
962 | | - | for such authorization, which is signed by the Secretary of the Office of 784 |
---|
963 | | - | Policy and Management or by or on behalf of such state officer, 785 |
---|
964 | | - | department or agency and stating such terms and conditions as said 786 |
---|
965 | | - | commission, in its discretion, may require. 787 |
---|
966 | | - | Sec. 35. (Effective July 1, 2024) For the purposes of sections 31 to 38, 788 |
---|
967 | | - | inclusive, of this act, "state moneys" means the proceeds of the sale of 789 |
---|
968 | | - | bonds authorized pursuant to said sections 31 to 38, inclusive, or of 790 |
---|
969 | | - | temporary notes issued in anticipation of the moneys to be derived from 791 |
---|
970 | | - | the sale of such bonds. Each request filed as provided in section 34 of 792 |
---|
971 | | - | this act for an authorization of bonds shall identify the project for which 793 |
---|
972 | | - | the proceeds of the sale of such bonds are to be used and expended and, 794 |
---|
973 | | - | in addition to any terms and conditions required pursuant to said 795 |
---|
974 | | - | section 34, include the recommendation of the person signing such 796 |
---|
975 | | - | request as to the extent to which federal, private or other moneys then 797 |
---|
976 | | - | available or thereafter to be made available for costs in connection with 798 |
---|
977 | | - | any such project should be added to the state moneys available or 799 |
---|
978 | | - | becoming available under said sections 31 to 38, inclusive, for such 800 |
---|
979 | | - | project. If the request includes a recommendation that some amount of 801 |
---|
980 | | - | such federal, private or other moneys should be added to such state 802 |
---|
981 | | - | moneys, then, if and to the extent directed by the State Bond 803 |
---|
982 | | - | Commission at the time of authorization of such bonds, such amount of 804 |
---|
983 | | - | such federal, private or other moneys then available or thereafter to be 805 |
---|
984 | | - | made available for costs in connection with such project may be added 806 |
---|
985 | | - | to any state moneys available or becoming available hereunder for such 807 |
---|
986 | | - | project and be used for such project. Any other federal, private or other 808 Substitute Bill No. 980 |
---|
987 | | - | |
---|
988 | | - | |
---|
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991 | | - | 28 of 77 |
---|
992 | | - | |
---|
993 | | - | moneys then available or thereafter to be made available for costs in 809 |
---|
994 | | - | connection with such project upon receipt shall, in conformity with 810 |
---|
995 | | - | applicable federal and state law, be used by the State Treasurer to meet 811 |
---|
996 | | - | the principal of outstanding bonds issued pursuant to said sections 31 812 |
---|
997 | | - | to 38, inclusive, or to meet the principal of temporary notes issued in 813 |
---|
998 | | - | anticipation of the money to be derived from the sale of bonds 814 |
---|
999 | | - | theretofore authorized pursuant to said sections 31 to 38, inclusive, for 815 |
---|
1000 | | - | the purpose of financing such costs, either by purchase or redemption 816 |
---|
1001 | | - | and cancellation of such bonds or notes or by payment thereof at 817 |
---|
1002 | | - | maturity. Whenever any of the federal, private or other moneys so 818 |
---|
1003 | | - | received with respect to such project are used to meet the principal of 819 |
---|
1004 | | - | such temporary notes or whenever the principal of any such temporary 820 |
---|
1005 | | - | notes is retired by application of revenue receipts of the state, the 821 |
---|
1006 | | - | amount of bonds theretofore authorized in anticipation of which such 822 |
---|
1007 | | - | temporary notes were issued, and the aggregate amount of bonds which 823 |
---|
1008 | | - | may be authorized pursuant to section 31 of this act shall each be 824 |
---|
1009 | | - | reduced by the amount of the principal so met or retired. Pending use 825 |
---|
1010 | | - | of the federal, private or other moneys so received to meet the principal 826 |
---|
1011 | | - | as directed in this section, the amount thereof may be invested by the 827 |
---|
1012 | | - | State Treasurer in bonds or obligations of, or guaranteed by, the state or 828 |
---|
1013 | | - | the United States or agencies or instrumentalities of the United States, 829 |
---|
1014 | | - | shall be deemed to be part of the debt retirement funds of the state, and 830 |
---|
1015 | | - | net earnings on such investments shall be used in the same manner as 831 |
---|
1016 | | - | the moneys so invested. 832 |
---|
1017 | | - | Sec. 36. (Effective July 1, 2024) The bonds issued pursuant to sections 833 |
---|
1018 | | - | 31 to 38, inclusive, of this act shall be general obligations of the state and 834 |
---|
1019 | | - | the full faith and credit of the state of Connecticut are pledged for the 835 |
---|
1020 | | - | payment of the principal of and interest on said bonds as the same 836 |
---|
1021 | | - | become due, and accordingly and as part of the contract of the state with 837 |
---|
1022 | | - | the holders of said bonds, appropriation of all amounts necessary for 838 |
---|
1023 | | - | punctual payment of such principal and interest is hereby made, and 839 |
---|
1024 | | - | the State Treasurer shall pay such principal and interest as the same 840 |
---|
1025 | | - | become due. 841 Substitute Bill No. 980 |
---|
1026 | | - | |
---|
1027 | | - | |
---|
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1030 | | - | 29 of 77 |
---|
1031 | | - | |
---|
1032 | | - | Sec. 37. (Effective July 1, 2024) In accordance with section 32 of this act, 842 |
---|
1033 | | - | the state, through the state agencies specified in said section 32, may 843 |
---|
1034 | | - | provide grants-in-aid and other financings to or for the agencies for the 844 |
---|
1035 | | - | purposes and projects as described in said section 32. All financing shall 845 |
---|
1036 | | - | be made in accordance with the terms of a contract at such time or times 846 |
---|
1037 | | - | as shall be determined within authorization of funds by the State Bond 847 |
---|
1038 | | - | Commission. 848 |
---|
1039 | | - | Sec. 38. (Effective July 1, 2024) In the case of any grant-in-aid made 849 |
---|
1040 | | - | pursuant to subsection (a), (b), (c), (d), (e), (f), (g) or (h) of section 32 of 850 |
---|
1041 | | - | this act that is made to any entity which is not a political subdivision of 851 |
---|
1042 | | - | the state, the contract entered into pursuant to section 32 of this act shall 852 |
---|
1043 | | - | provide that if the premises for which such grant-in-aid was made 853 |
---|
1044 | | - | ceases, within ten years of the date of such grant, to be used as a facility 854 |
---|
1045 | | - | for which such grant was made, an amount equal to the amount of such 855 |
---|
1046 | | - | grant, minus ten per cent per year for each full year which has elapsed 856 |
---|
1047 | | - | since the date of such grant, shall be repaid to the state and that a lien 857 |
---|
1048 | | - | shall be placed on such land in favor of the state to ensure that such 858 |
---|
1049 | | - | amount shall be repaid in the event of such change in use, provided if 859 |
---|
1050 | | - | the premises for which such grant-in-aid was made are owned by the 860 |
---|
1051 | | - | state, a municipality or a housing authority, no lien need be placed. 861 |
---|
1052 | | - | Sec. 39. (Effective July 1, 2023) The State Bond Commission shall have 862 |
---|
1053 | | - | power, in accordance with the provisions of this section and sections 40 863 |
---|
1054 | | - | to 44, inclusive, of this act, from time to time to authorize the issuance 864 |
---|
1055 | | - | of special tax obligation bonds of the state in one or more series and in 865 |
---|
1056 | | - | principal amounts in the aggregate, not exceeding $1,547,699,000. 866 |
---|
1057 | | - | Sec. 40. (Effective July 1, 2023) The proceeds of the sale of bonds 867 |
---|
1058 | | - | described in sections 39 to 44, inclusive, of this act, to the extent 868 |
---|
1059 | | - | hereinafter stated, shall be used for the purpose of payment of the 869 |
---|
1060 | | - | transportation costs, as defined in subdivision (6) of section 13b-75 of 870 |
---|
1061 | | - | the general statutes, with respect to the projects and uses hereinafter 871 |
---|
1062 | | - | described, which projects and uses are hereby found and determined to 872 |
---|
1063 | | - | be in furtherance of one or more of the authorized purposes for the 873 |
---|
1064 | | - | issuance of special tax obligation bonds set forth in section 13b-74 of the 874 Substitute Bill No. 980 |
---|
1065 | | - | |
---|
1066 | | - | |
---|
1067 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1068 | | - | 00980-R01-SB.docx } |
---|
1069 | | - | 30 of 77 |
---|
1070 | | - | |
---|
1071 | | - | general statutes. For the Department of Transportation: 875 |
---|
1072 | | - | (a) For the Bureau of Engineering and Highway Operations: 876 |
---|
1073 | | - | (1) Interstate Highway Program, not exceeding $50,346,000; 877 |
---|
1074 | | - | (2) Urban Systems Projects, not exceeding $22,000,000; 878 |
---|
1075 | | - | (3) Intrastate Highway Program, not exceeding $86,000,000; 879 |
---|
1076 | | - | (4) Environmental compliance, soil and groundwater remediation, 880 |
---|
1077 | | - | hazardous materials abatement, demolition, salt shed construction and 881 |
---|
1078 | | - | renovation, storage tank replacement and environmental emergency 882 |
---|
1079 | | - | response at or in the vicinity of state-owned properties or related to 883 |
---|
1080 | | - | Department of Transportation operations, not exceeding $15,350,000; 884 |
---|
1081 | | - | (5) State bridge improvement, rehabilitation and replacement 885 |
---|
1082 | | - | projects, not exceeding $57,500,000; 886 |
---|
1083 | | - | (6) Capital resurfacing and related reconstruction, not exceeding 887 |
---|
1084 | | - | $125,000,000; 888 |
---|
1085 | | - | (7) Fix-it-First program to repair the state's bridges, not exceeding 889 |
---|
1086 | | - | $51,500,000; 890 |
---|
1087 | | - | (8) Fix-it-First program to repair the state's roads, not exceeding 891 |
---|
1088 | | - | $152,115,000; 892 |
---|
1089 | | - | (9) Local Transportation Capital Improvement Program, not 893 |
---|
1090 | | - | exceeding $76,000,000; 894 |
---|
1091 | | - | (10) Local Bridge Program, not exceeding $20,000,000; 895 |
---|
1092 | | - | (11) Highway and bridge renewal equipment, not exceeding 896 |
---|
1093 | | - | $22,513,000; 897 |
---|
1094 | | - | (12) Community connectivity and alternative mobility program, not 898 |
---|
1095 | | - | exceeding $15,000,000; 899 Substitute Bill No. 980 |
---|
1096 | | - | |
---|
1097 | | - | |
---|
1098 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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1099 | | - | 00980-R01-SB.docx } |
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1100 | | - | 31 of 77 |
---|
1101 | | - | |
---|
1102 | | - | (13) Transportation Rural Improvement Program, not exceeding 900 |
---|
1103 | | - | $10,000,000; 901 |
---|
1104 | | - | (14) Purchase and installation of advanced wrong-way driving 902 |
---|
1105 | | - | technology, not exceeding $20,000,000. 903 |
---|
1106 | | - | (b) For the Bureau of Public Transportation: 904 |
---|
1107 | | - | (1) Bus and rail facilities and equipment, including rights-of-way, 905 |
---|
1108 | | - | other property acquisition and related projects, not exceeding 906 |
---|
1109 | | - | $264,250,000; 907 |
---|
1110 | | - | (2) Northeast Corridor Modernization Match Program, not exceeding 908 |
---|
1111 | | - | $398,165,000. 909 |
---|
1112 | | - | (c) For the Bureau of Administration: Department facilities, not 910 |
---|
1113 | | - | exceeding $161,960,000. 911 |
---|
1114 | | - | Sec. 41. (Effective July 1, 2023) None of the bonds described in sections 912 |
---|
1115 | | - | 39 to 44, inclusive, of this act shall be authorized except upon a finding 913 |
---|
1116 | | - | by the State Bond Commission that there has been filed with it (1) a 914 |
---|
1117 | | - | request for such authorization, which is signed by the Secretary of the 915 |
---|
1118 | | - | Office of Policy and Management or by or on behalf of such state officer, 916 |
---|
1119 | | - | department or agency and stating such terms and conditions as said 917 |
---|
1120 | | - | commission, in its discretion, may require, and (2) any capital 918 |
---|
1121 | | - | development impact statement and any human services facility 919 |
---|
1122 | | - | colocation statement required to be filed with the Secretary of the Office 920 |
---|
1123 | | - | of Policy and Management pursuant to section 4b-31 of the general 921 |
---|
1124 | | - | statutes, any advisory report regarding the state conservation and 922 |
---|
1125 | | - | development policies plan required pursuant to section 16a-31 of the 923 |
---|
1126 | | - | general statutes and any statement regarding farmland required 924 |
---|
1127 | | - | pursuant to subsection (g) of section 3-20 of the general statutes and 925 |
---|
1128 | | - | section 22-6 of the general statutes, provided the State Bond 926 |
---|
1129 | | - | Commission may authorize said bonds without a finding that the 927 |
---|
1130 | | - | reports and statements required by this subdivision have been filed with 928 |
---|
1131 | | - | it if said commission authorizes the secretary of said commission to 929 |
---|
1132 | | - | accept such reports and statements on its behalf. No funds derived from 930 Substitute Bill No. 980 |
---|
1133 | | - | |
---|
1134 | | - | |
---|
1135 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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1136 | | - | 00980-R01-SB.docx } |
---|
1137 | | - | 32 of 77 |
---|
1138 | | - | |
---|
1139 | | - | the sale of bonds authorized by said commission without a finding that 931 |
---|
1140 | | - | the reports and statements required by subdivision (2) of this section 932 |
---|
1141 | | - | have been filed with it shall be allotted by the Governor for any project 933 |
---|
1142 | | - | until the reports and statements required by subdivision (2) of this 934 |
---|
1143 | | - | section, with respect to such project, have been filed with the secretary 935 |
---|
1144 | | - | of said commission. 936 |
---|
1145 | | - | Sec. 42. (Effective July 1, 2023) For the purposes of sections 39 to 44, 937 |
---|
1146 | | - | inclusive, of this act, each request filed, as provided in section 41 of this 938 |
---|
1147 | | - | act, for an authorization of bonds shall identify the project for which the 939 |
---|
1148 | | - | proceeds of the sale of such bonds are to be used and expended and, in 940 |
---|
1149 | | - | addition to any terms and conditions required pursuant to said section 941 |
---|
1150 | | - | 41, include the recommendation of the person signing such request as 942 |
---|
1151 | | - | to the extent to which federal, private or other moneys then available or 943 |
---|
1152 | | - | thereafter to be made available for costs in connection with any such 944 |
---|
1153 | | - | project should be added to the state moneys available or becoming 945 |
---|
1154 | | - | available from the proceeds of bonds and temporary notes issued in 946 |
---|
1155 | | - | anticipation of the receipt of the proceeds of bonds. If the request 947 |
---|
1156 | | - | includes a recommendation that some amount of such federal, private 948 |
---|
1157 | | - | or other moneys should be added to such state moneys, then, if and to 949 |
---|
1158 | | - | the extent directed by the State Bond Commission at the time of 950 |
---|
1159 | | - | authorization of such bonds, such amount of such federal, private or 951 |
---|
1160 | | - | other moneys then available or thereafter to be made available for costs 952 |
---|
1161 | | - | in connection with such project shall be added to such state moneys. 953 |
---|
1162 | | - | Sec. 43. (Effective July 1, 2023) Any balance of proceeds of the sale of 954 |
---|
1163 | | - | bonds authorized for the projects or purposes of section 40 of this act, in 955 |
---|
1164 | | - | excess of the aggregate costs of all the projects so authorized, shall be 956 |
---|
1165 | | - | used in the manner set forth in sections 13b-74 to 13b-77, inclusive, of 957 |
---|
1166 | | - | the general statutes and in the proceedings of the State Bond 958 |
---|
1167 | | - | Commission respecting the issuance and sale of said bonds. 959 |
---|
1168 | | - | Sec. 44. (Effective July 1, 2023) Bonds issued pursuant to this section 960 |
---|
1169 | | - | and sections 39 to 43, inclusive, of this act shall be special obligations of 961 |
---|
1170 | | - | the state and shall not be payable from or charged upon any funds other 962 |
---|
1171 | | - | than revenues of the state pledged therefor in subsection (b) of section 963 Substitute Bill No. 980 |
---|
1172 | | - | |
---|
1173 | | - | |
---|
1174 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1175 | | - | 00980-R01-SB.docx } |
---|
1176 | | - | 33 of 77 |
---|
1177 | | - | |
---|
1178 | | - | 13b-61 of the general statutes and section 13b-61a of the general statutes, 964 |
---|
1179 | | - | or such other receipts, funds or moneys as may be pledged therefor. Said 965 |
---|
1180 | | - | bonds shall not be payable from or charged upon any funds other than 966 |
---|
1181 | | - | such pledged revenues or such other receipts, funds or moneys as may 967 |
---|
1182 | | - | be pledged therefor, nor shall the state or any political subdivision 968 |
---|
1183 | | - | thereof be subject to any liability thereon, except to the extent of such 969 |
---|
1184 | | - | pledged revenues or such other receipts, funds or moneys as may be 970 |
---|
1185 | | - | pledged therefor. Said bonds shall be issued under and in accordance 971 |
---|
1186 | | - | with the provisions of sections 13b-74 to 13b-77, inclusive, of the general 972 |
---|
1187 | | - | statutes. 973 |
---|
1188 | | - | Sec. 45. (Effective July 1, 2024) The State Bond Commission shall have 974 |
---|
1189 | | - | power, in accordance with the provisions of this section and sections 46 975 |
---|
1190 | | - | to 50, inclusive, of this act, from time to time to authorize the issuance 976 |
---|
1191 | | - | of special tax obligation bonds of the state in one or more series and in 977 |
---|
1192 | | - | principal amounts in the aggregate, not exceeding $1,530,772,000. 978 |
---|
1193 | | - | Sec. 46. (Effective July 1, 2024) The proceeds of the sale of bonds 979 |
---|
1194 | | - | described in sections 45 to 50, inclusive, of this act, to the extent 980 |
---|
1195 | | - | hereinafter stated, shall be used for the purpose of payment of the 981 |
---|
1196 | | - | transportation costs, as defined in subdivision (6) of section 13b-75 of 982 |
---|
1197 | | - | the general statutes, with respect to the projects and uses hereinafter 983 |
---|
1198 | | - | described, which projects and uses are hereby found and determined to 984 |
---|
1199 | | - | be in furtherance of one or more of the authorized purposes for the 985 |
---|
1200 | | - | issuance of special tax obligation bonds set forth in section 13b-74 of the 986 |
---|
1201 | | - | general statutes. For the Department of Transportation: 987 |
---|
1202 | | - | (a) For the Bureau of Engineering and Highway Operations: 988 |
---|
1203 | | - | (1) Interstate Highway Program, not exceeding $15,400,000; 989 |
---|
1204 | | - | (2) Urban Systems Projects, not exceeding $22,000,000; 990 |
---|
1205 | | - | (3) Intrastate Highway Program, not exceeding $88,000,000; 991 |
---|
1206 | | - | (4) Environmental compliance, soil and groundwater remediation, 992 |
---|
1207 | | - | hazardous materials abatement, demolition, salt shed construction and 993 Substitute Bill No. 980 |
---|
1208 | | - | |
---|
1209 | | - | |
---|
1210 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1211 | | - | 00980-R01-SB.docx } |
---|
1212 | | - | 34 of 77 |
---|
1213 | | - | |
---|
1214 | | - | renovation, storage tank replacement and environmental emergency 994 |
---|
1215 | | - | response at or in the vicinity of state-owned properties or related to 995 |
---|
1216 | | - | Department of Transportation operations, not exceeding $17,065,000; 996 |
---|
1217 | | - | (5) State bridge improvement, rehabilitation and replacement 997 |
---|
1218 | | - | projects, not exceeding $58,200,000; 998 |
---|
1219 | | - | (6) Capital resurfacing and related reconstruction, not exceeding 999 |
---|
1220 | | - | $135,000,000; 1000 |
---|
1221 | | - | (7) Fix-it-First program to repair the state's bridges, not exceeding 1001 |
---|
1222 | | - | $62,250,000; 1002 |
---|
1223 | | - | (8) Fix-it-First program to repair the state's roads, not exceeding 1003 |
---|
1224 | | - | $180,729,000; 1004 |
---|
1225 | | - | (9) Local Transportation Capital Improvement Program, not 1005 |
---|
1226 | | - | exceeding $78,000,000; 1006 |
---|
1227 | | - | (10) Local Bridge Program, not exceeding $20,000,000; 1007 |
---|
1228 | | - | (11) Highway and bridge renewal equipment, not exceeding 1008 |
---|
1229 | | - | $22,513,000; 1009 |
---|
1230 | | - | (12) Community connectivity and alternative mobility program, not 1010 |
---|
1231 | | - | exceeding $15,000,000; 1011 |
---|
1232 | | - | (13) Transportation Rural Improvement Program, not exceeding 1012 |
---|
1233 | | - | $10,000,000; 1013 |
---|
1234 | | - | (14) Purchase and installation of advanced wrong-way driving 1014 |
---|
1235 | | - | technology, not exceeding $20,000,000. 1015 |
---|
1236 | | - | (b) For the Bureau of Public Transportation: 1016 |
---|
1237 | | - | (1) Bus and rail facilities and equipment, including rights-of-way, 1017 |
---|
1238 | | - | other property acquisition and related projects, not exceeding 1018 |
---|
1239 | | - | $273,450,000; 1019 Substitute Bill No. 980 |
---|
1240 | | - | |
---|
1241 | | - | |
---|
1242 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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1243 | | - | 00980-R01-SB.docx } |
---|
1244 | | - | 35 of 77 |
---|
1245 | | - | |
---|
1246 | | - | (2) Northeast Corridor Modernization Match Program, not exceeding 1020 |
---|
1247 | | - | $438,175,000. 1021 |
---|
1248 | | - | (c) For the Bureau of Administration: Department facilities, not 1022 |
---|
1249 | | - | exceeding $74,990,000. 1023 |
---|
1250 | | - | Sec. 47. (Effective July 1, 2024) None of the bonds described in sections 1024 |
---|
1251 | | - | 45 to 50, inclusive, of this act shall be authorized except upon a finding 1025 |
---|
1252 | | - | by the State Bond Commission that there has been filed with it (1) a 1026 |
---|
1253 | | - | request for such authorization, which is signed by the Secretary of the 1027 |
---|
1254 | | - | Office of Policy and Management or by or on behalf of such state officer, 1028 |
---|
1255 | | - | department or agency and stating such terms and conditions as said 1029 |
---|
1256 | | - | commission, in its discretion, may require, and (2) any capital 1030 |
---|
1257 | | - | development impact statement and any human services facility 1031 |
---|
1258 | | - | colocation statement required to be filed with the Secretary of the Office 1032 |
---|
1259 | | - | of Policy and Management pursuant to section 4b-31 of the general 1033 |
---|
1260 | | - | statutes, any advisory report regarding the state conservation and 1034 |
---|
1261 | | - | development policies plan required pursuant to section 16a-31 of the 1035 |
---|
1262 | | - | general statutes and any statement regarding farmland required 1036 |
---|
1263 | | - | pursuant to subsection (g) of section 3-20 of the general statutes and 1037 |
---|
1264 | | - | section 22-6 of the general statutes, provided the State Bond 1038 |
---|
1265 | | - | Commission may authorize said bonds without a finding that the 1039 |
---|
1266 | | - | reports and statements required by this subdivision have been filed with 1040 |
---|
1267 | | - | it if said commission authorizes the secretary of said commission to 1041 |
---|
1268 | | - | accept such reports and statements on its behalf. No funds derived from 1042 |
---|
1269 | | - | the sale of bonds authorized by said commission without a finding that 1043 |
---|
1270 | | - | the reports and statements required by subdivision (2) of this section 1044 |
---|
1271 | | - | have been filed with it shall be allotted by the Governor for any project 1045 |
---|
1272 | | - | until the reports and statements required by subdivision (2) of this 1046 |
---|
1273 | | - | section, with respect to such project, have been filed with the secretary 1047 |
---|
1274 | | - | of said commission. 1048 |
---|
1275 | | - | Sec. 48. (Effective July 1, 2024) For the purposes of sections 45 to 50, 1049 |
---|
1276 | | - | inclusive, of this act, each request filed, as provided in section 47 of this 1050 |
---|
1277 | | - | act, for an authorization of bonds shall identify the project for which the 1051 |
---|
1278 | | - | proceeds of the sale of such bonds are to be used and expended and, in 1052 Substitute Bill No. 980 |
---|
1279 | | - | |
---|
1280 | | - | |
---|
1281 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1282 | | - | 00980-R01-SB.docx } |
---|
1283 | | - | 36 of 77 |
---|
1284 | | - | |
---|
1285 | | - | addition to any terms and conditions required pursuant to said section 1053 |
---|
1286 | | - | 47, include the recommendation of the person signing such request as 1054 |
---|
1287 | | - | to the extent to which federal, private or other moneys then available or 1055 |
---|
1288 | | - | thereafter to be made available for costs in connection with any such 1056 |
---|
1289 | | - | project should be added to the state moneys available or becoming 1057 |
---|
1290 | | - | available from the proceeds of bonds and temporary notes issued in 1058 |
---|
1291 | | - | anticipation of the receipt of the proceeds of bonds. If the request 1059 |
---|
1292 | | - | includes a recommendation that some amount of such federal, private 1060 |
---|
1293 | | - | or other moneys should be added to such state moneys, then, if and to 1061 |
---|
1294 | | - | the extent directed by the State Bond Commission at the time of 1062 |
---|
1295 | | - | authorization of such bonds, such amount of such federal, private or 1063 |
---|
1296 | | - | other moneys then available or thereafter to be made available for costs 1064 |
---|
1297 | | - | in connection with such project shall be added to such state moneys. 1065 |
---|
1298 | | - | Sec. 49. (Effective July 1, 2024) Any balance of proceeds of the sale of 1066 |
---|
1299 | | - | the bonds authorized for the projects or purposes of section 46 of this 1067 |
---|
1300 | | - | act, in excess of the aggregate costs of all the projects so authorized, shall 1068 |
---|
1301 | | - | be used in the manner set forth in sections 13b-74 to 13b-77, inclusive, of 1069 |
---|
1302 | | - | the general statutes, and in the proceedings of the State Bond 1070 |
---|
1303 | | - | Commission respecting the issuance and sale of said bonds. 1071 |
---|
1304 | | - | Sec. 50. (Effective July 1, 2024) Bonds issued pursuant to this section 1072 |
---|
1305 | | - | and sections 45 to 49, inclusive, of this act shall be special obligations of 1073 |
---|
1306 | | - | the state and shall not be payable from or charged upon any funds other 1074 |
---|
1307 | | - | than revenues of the state pledged therefor in subsection (b) of section 1075 |
---|
1308 | | - | 13b-61 of the general statutes and section 13b-61a of the general statutes, 1076 |
---|
1309 | | - | or such other receipts, funds or moneys as may be pledged therefor. Said 1077 |
---|
1310 | | - | bonds shall not be payable from or charged upon any funds other than 1078 |
---|
1311 | | - | such pledged revenues or such other receipts, funds or moneys as may 1079 |
---|
1312 | | - | be pledged therefor, nor shall the state or any political subdivision 1080 |
---|
1313 | | - | thereof be subject to any liability thereon, except to the extent of such 1081 |
---|
1314 | | - | pledged revenues or such other receipts, funds or moneys as may be 1082 |
---|
1315 | | - | pledged therefor. Said bonds shall be issued under and in accordance 1083 |
---|
1316 | | - | with the provisions of sections 13b-74 to 13b-77, inclusive, of the general 1084 |
---|
1317 | | - | statutes. 1085 Substitute Bill No. 980 |
---|
1318 | | - | |
---|
1319 | | - | |
---|
1320 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1321 | | - | 00980-R01-SB.docx } |
---|
1322 | | - | 37 of 77 |
---|
1323 | | - | |
---|
1324 | | - | Sec. 51. Subsections (a) and (b) of section 4-66c of the general statutes 1086 |
---|
1325 | | - | are repealed and the following is substituted in lieu thereof (Effective July 1087 |
---|
1326 | | - | 1, 2023): 1088 |
---|
1327 | | - | (a) For the purposes of subsection (b) of this section, the State Bond 1089 |
---|
1328 | | - | Commission shall have power, from time to time to authorize the 1090 |
---|
1329 | | - | issuance of bonds of the state in one or more series and in principal 1091 |
---|
1330 | | - | amounts not exceeding in the aggregate [two billion three hundred 1092 |
---|
1331 | | - | forty-four million four hundred eighty-seven thousand five hundred 1093 |
---|
1332 | | - | forty-four dollars] two billion five hundred forty-four million four 1094 |
---|
1333 | | - | hundred eighty-seven thousand five hundred forty-four dollars, 1095 |
---|
1334 | | - | provided one hundred million dollars of said authorization shall be 1096 |
---|
1335 | | - | effective July 1, 2024. All provisions of section 3-20, or the exercise of 1097 |
---|
1336 | | - | any right or power granted thereby, which are not inconsistent with the 1098 |
---|
1337 | | - | provisions of this section, are hereby adopted and shall apply to all 1099 |
---|
1338 | | - | bonds authorized by the State Bond Commission pursuant to this 1100 |
---|
1339 | | - | section, and temporary notes in anticipation of the money to be derived 1101 |
---|
1340 | | - | from the sale of any such bonds so authorized may be issued in 1102 |
---|
1341 | | - | accordance with said section 3-20 and from time to time renewed. Such 1103 |
---|
1342 | | - | bonds shall mature at such time or times not exceeding twenty years 1104 |
---|
1343 | | - | from their respective dates as may be provided in or pursuant to the 1105 |
---|
1344 | | - | resolution or resolutions of the State Bond Commission authorizing 1106 |
---|
1345 | | - | such bonds. None of said bonds shall be authorized except upon a 1107 |
---|
1346 | | - | finding by the State Bond Commission that there has been filed with it 1108 |
---|
1347 | | - | a request for such authorization, which is signed by or on behalf of the 1109 |
---|
1348 | | - | Secretary of the Office of Policy and Management and states such terms 1110 |
---|
1349 | | - | and conditions as said commission in its discretion may require. Said 1111 |
---|
1350 | | - | bonds issued pursuant to this section shall be general obligations of the 1112 |
---|
1351 | | - | state and the full faith and credit of the state of Connecticut are pledged 1113 |
---|
1352 | | - | for the payment of the principal of and interest on said bonds as the 1114 |
---|
1353 | | - | same become due, and accordingly as part of the contract of the state 1115 |
---|
1354 | | - | with the holders of said bonds, appropriation of all amounts necessary 1116 |
---|
1355 | | - | for punctual payment of such principal and interest is hereby made, and 1117 |
---|
1356 | | - | the Treasurer shall pay such principal and interest as the same become 1118 |
---|
1357 | | - | due. 1119 Substitute Bill No. 980 |
---|
1358 | | - | |
---|
1359 | | - | |
---|
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1362 | | - | 38 of 77 |
---|
1363 | | - | |
---|
1364 | | - | (b) (1) The proceeds of the sale of said bonds, to the extent hereinafter 1120 |
---|
1365 | | - | stated, shall be used, subject to the provisions of subsections (c) and (d) 1121 |
---|
1366 | | - | of this section, for the purpose of redirecting, improving and expanding 1122 |
---|
1367 | | - | state activities which promote community conservation and 1123 |
---|
1368 | | - | development and improve the quality of life for urban residents of the 1124 |
---|
1369 | | - | state as hereinafter stated: (A) For the Department of Economic and 1125 |
---|
1370 | | - | Community Development: Economic and community development 1126 |
---|
1371 | | - | projects, including administrative costs incurred by the Department of 1127 |
---|
1372 | | - | Economic and Community Developm ent, not exceeding sixty-seven 1128 |
---|
1373 | | - | million five hundred ninety-one thousand six hundred forty-two 1129 |
---|
1374 | | - | dollars, one million dollars of which shall be used for a grant to the 1130 |
---|
1375 | | - | development center program and the nonprofit business consortium 1131 |
---|
1376 | | - | deployment center approved pursuant to section 32-411; (B) for the 1132 |
---|
1377 | | - | Department of Transportation: Urban mass transit, not exceeding two 1133 |
---|
1378 | | - | million dollars; (C) for the Department of Energy and Environmental 1134 |
---|
1379 | | - | Protection: Recreation development and solid waste disposal projects, 1135 |
---|
1380 | | - | not exceeding one million nine hundred ninety-five thousand nine 1136 |
---|
1381 | | - | hundred two dollars; (D) for the Department of Social Services: Child 1137 |
---|
1382 | | - | day care projects, elderly centers, shelter facilities for victims of 1138 |
---|
1383 | | - | domestic violence, emergency shelters and related facilities for the 1139 |
---|
1384 | | - | homeless, multipurpose human resource centers and food distribution 1140 |
---|
1385 | | - | facilities, not exceeding thirty-nine million one hundred thousand 1141 |
---|
1386 | | - | dollars, provided four million dollars of said authorization shall be 1142 |
---|
1387 | | - | effective July 1, 1994; (E) for the Department of Economic and 1143 |
---|
1388 | | - | Community Development: Housing projects, not exceeding three 1144 |
---|
1389 | | - | million dollars; (F) for the Department of Housing: Homeownership 1145 |
---|
1390 | | - | initiative in collaboration with one or more local community 1146 |
---|
1391 | | - | development financial institutions in qualified census tracts for the 1147 |
---|
1392 | | - | purpose of construction or redevelopment, performed by developers or 1148 |
---|
1393 | | - | nonprofit organizations residing in that municipality, which leads to 1149 |
---|
1394 | | - | new homeownership opportunities for residents of such qualified 1150 |
---|
1395 | | - | census tracts, not exceeding twenty million dollars; (G) for the Office of 1151 |
---|
1396 | | - | Policy and Management: (i) Grants-in-aid to municipalities for a pilot 1152 |
---|
1397 | | - | demonstration program to leverage private contributions for 1153 |
---|
1398 | | - | redevelopment of designated historic preservation areas, not exceeding 1154 Substitute Bill No. 980 |
---|
1399 | | - | |
---|
1400 | | - | |
---|
1401 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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1403 | | - | 39 of 77 |
---|
1404 | | - | |
---|
1405 | | - | one million dollars; (ii) grants-in-aid for urban development projects 1155 |
---|
1406 | | - | including economic and community development, transportation, 1156 |
---|
1407 | | - | environmental protection, public safety, children and families and social 1157 |
---|
1408 | | - | services projects and programs, including, in the case of economic and 1158 |
---|
1409 | | - | community development projects administered on behalf of the Office 1159 |
---|
1410 | | - | of Policy and Management by the Department of Economic and 1160 |
---|
1411 | | - | Community Development, administrative costs incurred by the 1161 |
---|
1412 | | - | Department of Economic and Community Development, not exceeding 1162 |
---|
1413 | | - | [two billion two hundred twenty-nine] two billion four hundred 1163 |
---|
1414 | | - | twenty-nine million eight hundred thousand dollars. For purposes of 1164 |
---|
1415 | | - | this subdivision, "local community development financial institution" 1165 |
---|
1416 | | - | means an entity that meets the requirements of 12 CFR 1805.201, and 1166 |
---|
1417 | | - | "qualified census tract" means a census tract designated as a qualified 1167 |
---|
1418 | | - | census tract by the Secretary of Housing and Urban Development in 1168 |
---|
1419 | | - | accordance with 26 USC 42(d)(5)(B)(ii), as amended from time to time. 1169 |
---|
1420 | | - | (2) (A) Five million dollars of the grants-in-aid authorized in 1170 |
---|
1421 | | - | subparagraph (G)(ii) of subdivision (1) of this subsection may be made 1171 |
---|
1422 | | - | available to private nonprofit organizations for the purposes described 1172 |
---|
1423 | | - | in said subparagraph (G)(ii). (B) Twelve million dollars of the grants-in-1173 |
---|
1424 | | - | aid authorized in subparagraph (G)(ii) of subdivision (1) of this 1174 |
---|
1425 | | - | subsection may be made available for necessary renovations and 1175 |
---|
1426 | | - | improvements of libraries. (C) Five million dollars of the grants-in-aid 1176 |
---|
1427 | | - | authorized in subparagraph (G)(ii) of subdivision (1) of this subsection 1177 |
---|
1428 | | - | shall be made available for small business gap financing. (D) Ten million 1178 |
---|
1429 | | - | dollars of the grants-in-aid authorized in subparagraph (G)(ii) of 1179 |
---|
1430 | | - | subdivision (1) of this subsection may be made available for regional 1180 |
---|
1431 | | - | economic development revolving loan funds. (E) One million four 1181 |
---|
1432 | | - | hundred thousand dollars of the grants-in-aid authorized in 1182 |
---|
1433 | | - | subparagraph (G)(ii) of subdivision (1) of this subsection shall be made 1183 |
---|
1434 | | - | available for rehabilitation and renovation of the Black Rock Library in 1184 |
---|
1435 | | - | Bridgeport. (F) Two million five hundred thousand dollars of the grants-1185 |
---|
1436 | | - | in-aid authorized in subparagraph (G)(ii) of subdivision (1) of this 1186 |
---|
1437 | | - | subsection shall be made available for site acquisition, renovation and 1187 |
---|
1438 | | - | rehabilitation for the Institute for the Hispanic Family in Hartford. (G) 1188 Substitute Bill No. 980 |
---|
1439 | | - | |
---|
1440 | | - | |
---|
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1443 | | - | 40 of 77 |
---|
1444 | | - | |
---|
1445 | | - | Three million dollars of the grants-in-aid authorized in subparagraph 1189 |
---|
1446 | | - | (G)(ii) of subdivision (1) of this subsection shall be made available for 1190 |
---|
1447 | | - | the acquisition of land and the development of commercial or retail 1191 |
---|
1448 | | - | property in New Haven. (H) Seven hundred fifty thousand dollars of 1192 |
---|
1449 | | - | the grants-in-aid authorized in subparagraph (G)(ii) of subdivision (1) 1193 |
---|
1450 | | - | of this subsection shall be made available for repairs and replacement of 1194 |
---|
1451 | | - | the fishing pier at Cummings Park in Stamford. (I) Ten million dollars 1195 |
---|
1452 | | - | of the grants-in-aid authorized in subparagraph (G)(ii) of subdivision 1196 |
---|
1453 | | - | (1) of this subsection shall be made available for development of an 1197 |
---|
1454 | | - | intermodal transportation facility in northeastern Connecticut. 1198 |
---|
1455 | | - | Sec. 52. Subsection (a) of section 4-66g of the general statutes is 1199 |
---|
1456 | | - | repealed and the following is substituted in lieu thereof (Effective July 1, 1200 |
---|
1457 | | - | 2023): 1201 |
---|
1458 | | - | (a) For the purposes described in subsection (b) of this section, the 1202 |
---|
1459 | | - | State Bond Commission shall have the power, from time to time to 1203 |
---|
1460 | | - | authorize the issuance of bonds of the state in one or more series and in 1204 |
---|
1461 | | - | principal amounts not exceeding in the aggregate [three hundred 1205 |
---|
1462 | | - | sixteen] three hundred eighty-six million dollars, provided thirty-five 1206 |
---|
1463 | | - | million of said authorization shall be effective July 1, 2024. 1207 |
---|
1464 | | - | Sec. 53. Subsection (a) of section 4a-10 of the general statutes is 1208 |
---|
1465 | | - | repealed and the following is substituted in lieu thereof (Effective July 1, 1209 |
---|
1466 | | - | 2023): 1210 |
---|
1467 | | - | (a) For the purposes described in subsection (b) of this section, the 1211 |
---|
1468 | | - | State Bond Commission shall have the power, from time to time to 1212 |
---|
1469 | | - | authorize the issuance of bonds of the state in one or more series and in 1213 |
---|
1470 | | - | principal amounts not exceeding in the aggregate [five hundred sixty-1214 |
---|
1471 | | - | one million one hundred thousand dollars] six hundred eleven million 1215 |
---|
1472 | | - | one hundred thousand dollars, provided twenty-five million dollars of 1216 |
---|
1473 | | - | said authorization shall be effective July 1, 2024. 1217 |
---|
1474 | | - | Sec. 54. Subsection (a) of section 7-538 of the general statutes is 1218 |
---|
1475 | | - | repealed and the following is substituted in lieu thereof (Effective July 1, 1219 Substitute Bill No. 980 |
---|
1476 | | - | |
---|
1477 | | - | |
---|
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---|
1480 | | - | 41 of 77 |
---|
1481 | | - | |
---|
1482 | | - | 2023): 1220 |
---|
1483 | | - | (a) For the purposes described in subsection (b) of this section, the 1221 |
---|
1484 | | - | State Bond Commission shall have the power, from time to time, to 1222 |
---|
1485 | | - | authorize the issuance of bonds of the state in one or more series and in 1223 |
---|
1486 | | - | principal amounts not exceeding in the aggregate [one billion seventy] 1224 |
---|
1487 | | - | one billion one hundred ninety million dollars, provided [thirty] sixty 1225 |
---|
1488 | | - | million dollars of said authorization shall be effective July 1, [2022] 2024. 1226 |
---|
1489 | | - | Sec. 55. (Effective July 1, 2023) (a) For the purposes described in 1227 |
---|
1490 | | - | subsection (b) of this section, the State Bond Commission shall have the 1228 |
---|
1491 | | - | power from time to time to authorize the issuance of bonds of the state 1229 |
---|
1492 | | - | in one or more series and in principal amounts not exceeding in the 1230 |
---|
1493 | | - | aggregate one hundred eighty-two million dollars, provided ninety-one 1231 |
---|
1494 | | - | million dollars of said authorization shall be effective July 1, 2024. 1232 |
---|
1495 | | - | (b) The proceeds of the sale of said bonds, to the extent of the amount 1233 |
---|
1496 | | - | stated in subsection (a) of this section, shall be used by the Office of 1234 |
---|
1497 | | - | Policy and Management for grants-in-aid to municipalities for the 1235 |
---|
1498 | | - | purposes set forth in subsection (a) of section 13a-175a of the general 1236 |
---|
1499 | | - | statutes, for the fiscal years ending June 30, 2024, and June 30, 2025. Such 1237 |
---|
1500 | | - | grant payments shall be made annually as follows: 1238 |
---|
| 39 | + | utilization studies as hereinafter stated: 14 Governor's Bill No. 980 |
---|
| 40 | + | |
---|
| 41 | + | |
---|
| 42 | + | |
---|
| 43 | + | LCO No. 4023 2 of 56 |
---|
| 44 | + | |
---|
| 45 | + | (a) For the Office of Policy and Management: For an information 15 |
---|
| 46 | + | technology capital investment program, not exceeding $65,000,000. 16 |
---|
| 47 | + | (b) For the Department of Administrative Services: 17 |
---|
| 48 | + | (1) Removal or encapsulation of asbestos and hazardous materials in 18 |
---|
| 49 | + | state-owned buildings, not exceeding $5,000,000; 19 |
---|
| 50 | + | (2) Infrastructure repairs and improvements, including fire, safety 20 |
---|
| 51 | + | and compliance with the Americans with Disabilities Act 21 |
---|
| 52 | + | improvements, improvements to state-owned buildings and grounds, 22 |
---|
| 53 | + | including energy-conservation and off-site improvements, and 23 |
---|
| 54 | + | preservation of unoccupied buildings and grounds, including office 24 |
---|
| 55 | + | development, acquisition, renovations for additional parking and 25 |
---|
| 56 | + | security improvements at state-occupied buildings, not exceeding 26 |
---|
| 57 | + | $25,000,000; 27 |
---|
| 58 | + | (3) Upgrades and modernization of the Capital Area System, not 28 |
---|
| 59 | + | exceeding $19,000,000; 29 |
---|
| 60 | + | (4) Purchase of electric vehicles and the construction and installation 30 |
---|
| 61 | + | of electric vehicle charging infrastructure at state facilities, not 31 |
---|
| 62 | + | exceeding $35,000,000. 32 |
---|
| 63 | + | (c) For the Department of Emergency Services and Public Protection: 33 |
---|
| 64 | + | (1) Alterations, renovations and improvements to buildings and 34 |
---|
| 65 | + | grounds, including utilities, mechanical systems and energy 35 |
---|
| 66 | + | conservation projects, not exceeding $3,500,000; 36 |
---|
| 67 | + | (2) Alterations, renovations, improvements and repairs for an 37 |
---|
| 68 | + | Emergency Vehicle Operations Course, not exceeding $5,000,000. 38 |
---|
| 69 | + | (d) For the Department of Motor Vehicles: Alterations, renovations 39 |
---|
| 70 | + | and improvements to buildings and grounds, not exceeding $2,000,000. 40 |
---|
| 71 | + | (e) For the Military Department: 41 |
---|
| 72 | + | (1) State matching funds for anticipated federal reimbursable 42 Governor's Bill No. 980 |
---|
| 73 | + | |
---|
| 74 | + | |
---|
| 75 | + | |
---|
| 76 | + | LCO No. 4023 3 of 56 |
---|
| 77 | + | |
---|
| 78 | + | projects, not exceeding $300,000; 43 |
---|
| 79 | + | (2) Alterations, renovations and improvements to buildings and 44 |
---|
| 80 | + | grounds, including utilities, mechanical systems and energy 45 |
---|
| 81 | + | conservation, not exceeding $5,000,000. 46 |
---|
| 82 | + | (f) For the Department of Energy and Environmental Protection: 47 |
---|
| 83 | + | (1) Recreation and Natural Heritage Trust Program for recreation, 48 |
---|
| 84 | + | open space, resource protection and resource management, not 49 |
---|
| 85 | + | exceeding $3,000,000; 50 |
---|
| 86 | + | (2) Alterations, renovations and new construction at state parks and 51 |
---|
| 87 | + | other recreation facilities, including Americans with Disabilities Act 52 |
---|
| 88 | + | improvements, not exceeding $20,000,000; 53 |
---|
| 89 | + | (3) Water pollution control projects at state facilities and for 54 |
---|
| 90 | + | engineering reports for regional planning agencies, not exceeding 55 |
---|
| 91 | + | $600,000; 56 |
---|
| 92 | + | (4) For the purpose of funding projects in state buildings and assets 57 |
---|
| 93 | + | that result in decreased environmental impacts, including projects: That 58 |
---|
| 94 | + | improve energy efficiency pursuant to section 16a-38l of the general 59 |
---|
| 95 | + | statutes; that reduce greenhouse gas emissions from building heating 60 |
---|
| 96 | + | and cooling, including installation of renewable thermal heating 61 |
---|
| 97 | + | systems; that expand electric vehicle charging infrastructure to support 62 |
---|
| 98 | + | charging on state property; that reduce water use; that reduce waste 63 |
---|
| 99 | + | generation and disposal; or for any renewable energy, or combined heat 64 |
---|
| 100 | + | and power project in state buildings, not exceeding $20,000,000; 65 |
---|
| 101 | + | (5) Various flood control improvements, flood repair, erosion 66 |
---|
| 102 | + | damage repairs and municipal dam repairs, not exceeding $2,500,000. 67 |
---|
| 103 | + | (g) For the Capital Region Development Authority: 68 |
---|
| 104 | + | (1) Alterations, renovations and improvements at the Connecticut 69 |
---|
| 105 | + | Convention Center and Rentschler Field, not exceeding $17,000,000; 70 Governor's Bill No. 980 |
---|
| 106 | + | |
---|
| 107 | + | |
---|
| 108 | + | |
---|
| 109 | + | LCO No. 4023 4 of 56 |
---|
| 110 | + | |
---|
| 111 | + | (2) Alterations, renovations and improvements to parking garages in 71 |
---|
| 112 | + | Hartford, not exceeding $5,000,000. 72 |
---|
| 113 | + | (h) For the Office of the Chief Medical Examiner: For alterations, 73 |
---|
| 114 | + | renovations and additions to the Office of the Chief Medical Examiner 74 |
---|
| 115 | + | facility in Farmington, not exceeding $21,045,000. 75 |
---|
| 116 | + | (i) For the Department of Mental Health and Addiction Services: 76 |
---|
| 117 | + | (1) Fire, safety and environmental improvements to regional facilities 77 |
---|
| 118 | + | for client and staff needs, including improvements in compliance with 78 |
---|
| 119 | + | current codes, including intermediate care facilities and site 79 |
---|
| 120 | + | improvements, handicapped access improvements, utilities, repair or 80 |
---|
| 121 | + | replacement of roofs, air conditioning and other interior and exterior 81 |
---|
| 122 | + | building renovations and additions at all state-owned facilities, not 82 |
---|
| 123 | + | exceeding $36,090,000; 83 |
---|
| 124 | + | (2) Design and installation of sprinkler systems, including related fire 84 |
---|
| 125 | + | safety improvements, in direct patient care buildings, not exceeding 85 |
---|
| 126 | + | $12,450,000. 86 |
---|
| 127 | + | (j) For the State Library: Renovation of Middletown Library Service 87 |
---|
| 128 | + | Center, not exceeding $400,000. 88 |
---|
| 129 | + | (k) For The University of Connecticut Health Center: 89 |
---|
| 130 | + | (1) Deferred maintenance, code compliance and infrastructure 90 |
---|
| 131 | + | improvements, not exceeding $30,000,000; 91 |
---|
| 132 | + | (2) System telecommunications infrastructure upgrades, 92 |
---|
| 133 | + | improvements and expansions, not exceeding $3,000,000. 93 |
---|
| 134 | + | (l) For the Connecticut State Colleges and Universities: 94 |
---|
| 135 | + | (1) System telecommunications infrastructure upgrades, 95 |
---|
| 136 | + | improvements and expansions, not exceeding $16,450,000; 96 |
---|
| 137 | + | (2) Advanced manufacturing and emerging technology programs, 97 |
---|
| 138 | + | not exceeding $4,000,000; 98 Governor's Bill No. 980 |
---|
| 139 | + | |
---|
| 140 | + | |
---|
| 141 | + | |
---|
| 142 | + | LCO No. 4023 5 of 56 |
---|
| 143 | + | |
---|
| 144 | + | (3) All State Colleges and Universities: Security Improvements, not 99 |
---|
| 145 | + | exceeding $3,000,000; 100 |
---|
| 146 | + | (4) All universities: Deferred maintenance, code compliance and 101 |
---|
| 147 | + | infrastructure improvements, not exceeding $30,000,000; 102 |
---|
| 148 | + | (5) All universities: New and replacement instruction, research or 103 |
---|
| 149 | + | laboratory equipment, not exceeding $16,000,000; 104 |
---|
| 150 | + | (6) All community colleges: Deferred maintenance, code compliance 105 |
---|
| 151 | + | and infrastructure improvements, not exceeding $44,000,000; 106 |
---|
| 152 | + | (7) All community colleges: New and replacement instruction, 107 |
---|
| 153 | + | research or laboratory equipment, not exceeding $14,000,000. 108 |
---|
| 154 | + | (m) For the Department of Correction: Alterations, renovations and 109 |
---|
| 155 | + | improvements to existing state-owned buildings for inmate housing, 110 |
---|
| 156 | + | programming and staff training space and additional inmate capacity, 111 |
---|
| 157 | + | and for support facilities and off-site improvements, not exceeding 112 |
---|
| 158 | + | $35,000,000. 113 |
---|
| 159 | + | (n) For the Judicial Department: 114 |
---|
| 160 | + | (1) Alterations, renovations and improvements to buildings and 115 |
---|
| 161 | + | grounds at state-owned and maintained facilities, not exceeding 116 |
---|
| 162 | + | $10,000,000; 117 |
---|
| 163 | + | (2) Security improvements at various state-owned and maintained 118 |
---|
| 164 | + | facilities, not exceeding $2,000,000; 119 |
---|
| 165 | + | (3) Alterations and improvements in compliance with the Americans 120 |
---|
| 166 | + | with Disabilities Act, not exceeding $1,000,000; 121 |
---|
| 167 | + | (4) Implementation of the Technology Strategic Plan Project, not 122 |
---|
| 168 | + | exceeding $2,000,000. 123 |
---|
| 169 | + | Sec. 3. (Effective July 1, 2023) All provisions of section 3-20 of the 124 |
---|
| 170 | + | general statutes or the exercise of any right or power granted thereby 125 |
---|
| 171 | + | which are not inconsistent with the provisions of sections 1 to 7, 126 Governor's Bill No. 980 |
---|
| 172 | + | |
---|
| 173 | + | |
---|
| 174 | + | |
---|
| 175 | + | LCO No. 4023 6 of 56 |
---|
| 176 | + | |
---|
| 177 | + | inclusive, of this act are hereby adopted and shall apply to all bonds 127 |
---|
| 178 | + | authorized by the State Bond Commission pursuant to sections 1 to 7, 128 |
---|
| 179 | + | inclusive, of this act and temporary notes issued in anticipation of the 129 |
---|
| 180 | + | money to be derived from the sale of any such bonds so authorized may 130 |
---|
| 181 | + | be issued in accordance with said section 3-20 and from time to time 131 |
---|
| 182 | + | renewed. Such bonds shall mature at such time or times not exceeding 132 |
---|
| 183 | + | twenty years from their respective dates as may be provided in or 133 |
---|
| 184 | + | pursuant to the resolution or resolutions of the State Bond Commission 134 |
---|
| 185 | + | authorizing such bonds. 135 |
---|
| 186 | + | Sec. 4. (Effective July 1, 2023) None of the bonds described in sections 136 |
---|
| 187 | + | 1 to 7, inclusive, of this act shall be authorized except upon a finding by 137 |
---|
| 188 | + | the State Bond Commission that there has been filed with it a request for 138 |
---|
| 189 | + | such authorization, which is signed by the Secretary of the Office of 139 |
---|
| 190 | + | Policy and Management or by or on behalf of such state officer, 140 |
---|
| 191 | + | department or agency and stating such terms and conditions as said 141 |
---|
| 192 | + | commission, in its discretion, may require. 142 |
---|
| 193 | + | Sec. 5. (Effective July 1, 2023) For the purposes of sections 1 to 7, 143 |
---|
| 194 | + | inclusive, of this act, "state moneys" means the proceeds of the sale of 144 |
---|
| 195 | + | bonds authorized pursuant to said sections 1 to 7, inclusive, or of 145 |
---|
| 196 | + | temporary notes issued in anticipation of the moneys to be derived from 146 |
---|
| 197 | + | the sale of such bonds. Each request filed as provided in section 4 of this 147 |
---|
| 198 | + | act for an authorization of bonds shall identify the project for which the 148 |
---|
| 199 | + | proceeds of the sale of such bonds are to be used and expended and, in 149 |
---|
| 200 | + | addition to any terms and conditions required pursuant to said section 150 |
---|
| 201 | + | 4, shall include the recommendation of the person signing such request 151 |
---|
| 202 | + | as to the extent to which federal, private or other moneys then available 152 |
---|
| 203 | + | or thereafter to be made available for costs in connection with any such 153 |
---|
| 204 | + | project should be added to the state moneys available or becoming 154 |
---|
| 205 | + | available hereunder for such project. If the request includes a 155 |
---|
| 206 | + | recommendation that some amount of such federal, private or other 156 |
---|
| 207 | + | moneys should be added to such state moneys, then, if and to the extent 157 |
---|
| 208 | + | directed by the State Bond Commission at the time of authorization of 158 |
---|
| 209 | + | such bonds, such amount of such federal, private or other moneys then 159 |
---|
| 210 | + | available, or thereafter to be made available for costs in connection with 160 Governor's Bill No. 980 |
---|
| 211 | + | |
---|
| 212 | + | |
---|
| 213 | + | |
---|
| 214 | + | LCO No. 4023 7 of 56 |
---|
| 215 | + | |
---|
| 216 | + | such project, may be added to any state moneys available or becoming 161 |
---|
| 217 | + | available hereunder for such project and shall be used for such project. 162 |
---|
| 218 | + | Any other federal, private or other moneys then available or thereafter 163 |
---|
| 219 | + | to be made available for costs in connection with such project shall, 164 |
---|
| 220 | + | upon receipt, be used by the State Treasurer, in conformity with 165 |
---|
| 221 | + | applicable federal and state law, to meet the principal of outstanding 166 |
---|
| 222 | + | bonds issued pursuant to sections 1 to 7, inclusive, of this act, or to meet 167 |
---|
| 223 | + | the principal of temporary notes issued in anticipation of the money to 168 |
---|
| 224 | + | be derived from the sale of bonds theretofore authorized pursuant to 169 |
---|
| 225 | + | said sections 1 to 7, inclusive, for the purpose of financing such costs, 170 |
---|
| 226 | + | either by purchase or redemption and cancellation of such bonds or 171 |
---|
| 227 | + | notes or by payment thereof at maturity. Whenever any of the federal, 172 |
---|
| 228 | + | private or other moneys so received with respect to such project are used 173 |
---|
| 229 | + | to meet the principal of such temporary notes or whenever principal of 174 |
---|
| 230 | + | any such temporary notes is retired by application of revenue receipts 175 |
---|
| 231 | + | of the state, the amount of bonds theretofore authorized in anticipation 176 |
---|
| 232 | + | of which such temporary notes were issued, and the aggregate amount 177 |
---|
| 233 | + | of bonds which may be authorized pursuant to section 1 of this act, shall 178 |
---|
| 234 | + | each be reduced by the amount of the principal so met or retired. 179 |
---|
| 235 | + | Pending use of the federal, private or other moneys so received to meet 180 |
---|
| 236 | + | principal as hereinabove directed, the amount thereof may be invested 181 |
---|
| 237 | + | by the State Treasurer in bonds or obligations of, or guaranteed by, the 182 |
---|
| 238 | + | state or the United States or agencies or instrumentalities of the United 183 |
---|
| 239 | + | States, shall be deemed to be part of the debt retirement funds of the 184 |
---|
| 240 | + | state, and net earnings on such investments shall be used in the same 185 |
---|
| 241 | + | manner as the moneys so invested. 186 |
---|
| 242 | + | Sec. 6. (Effective July 1, 2023) Any balance of proceeds of the sale of 187 |
---|
| 243 | + | said bonds authorized for any project described in section 2 of this act 188 |
---|
| 244 | + | in excess of the cost of such project may be used to complete any other 189 |
---|
| 245 | + | project described in said section 2, if the State Bond Commission shall 190 |
---|
| 246 | + | so determine and direct. Any balance of proceeds of the sale of said 191 |
---|
| 247 | + | bonds in excess of the costs of all the projects described in said section 2 192 |
---|
| 248 | + | shall be deposited to the credit of the General Fund. 193 |
---|
| 249 | + | Sec. 7. (Effective July 1, 2023) The bonds issued pursuant to this section 194 Governor's Bill No. 980 |
---|
| 250 | + | |
---|
| 251 | + | |
---|
| 252 | + | |
---|
| 253 | + | LCO No. 4023 8 of 56 |
---|
| 254 | + | |
---|
| 255 | + | and sections 1 to 6, inclusive, of this act shall be general obligations of 195 |
---|
| 256 | + | the state and the full faith and credit of the state of Connecticut are 196 |
---|
| 257 | + | pledged for the payment of the principal of and interest on said bonds 197 |
---|
| 258 | + | as the same become due, and accordingly and as part of the contract of 198 |
---|
| 259 | + | the state with the holders of said bonds, appropriation of all amounts 199 |
---|
| 260 | + | necessary for punctual payment of such principal and interest is hereby 200 |
---|
| 261 | + | made, and the State Treasurer shall pay such principal and interest as 201 |
---|
| 262 | + | the same become due. 202 |
---|
| 263 | + | Sec. 8. (Effective July 1, 2023) The State Bond Commission shall have 203 |
---|
| 264 | + | power, in accordance with the provisions of this section and sections 9 204 |
---|
| 265 | + | and 10 of this act, from time to time to authorize the issuance of bonds 205 |
---|
| 266 | + | of the state in one or more series and in principal amounts in the 206 |
---|
| 267 | + | aggregate, not exceeding $100,000,000. 207 |
---|
| 268 | + | Sec. 9. (Effective July 1, 2023) The proceeds of the sale of bonds 208 |
---|
| 269 | + | described in sections 8 to 11, inclusive, of this act shall be used by the 209 |
---|
| 270 | + | Department of Housing for the purposes hereinafter stated: Housing 210 |
---|
| 271 | + | development and rehabilitation, including moderate cost housing, 211 |
---|
| 272 | + | moderate rental, congregate and elderly housing, urban homesteading, 212 |
---|
| 273 | + | community housing development corporations, housing purchase and 213 |
---|
| 274 | + | rehabilitation, housing for the homeless, housing for low-income 214 |
---|
| 275 | + | persons, limited equity cooperatives and mutual housing projects, 215 |
---|
| 276 | + | abatement of hazardous material, including asbestos and lead-based 216 |
---|
| 277 | + | paint in residential structures, emergency repair assistance for senior 217 |
---|
| 278 | + | citizens, housing land bank and land trust, housing and community 218 |
---|
| 279 | + | development, predevelopment grants and loans, reimbursement for 219 |
---|
| 280 | + | state and federal surplus property, private rental investment mortgage 220 |
---|
| 281 | + | and equity program, housing infrastructure, demolition, renovation or 221 |
---|
| 282 | + | redevelopment of vacant buildings or related infrastructure, septic 222 |
---|
| 283 | + | system repair loan program, acquisition and related rehabilitation, 223 |
---|
| 284 | + | including loan guarantees for private developers of rental housing for 224 |
---|
| 285 | + | the elderly, projects under the program established in section 8-37pp of 225 |
---|
| 286 | + | the general statutes and participation in federal programs, including 226 |
---|
| 287 | + | administrative expenses associated with those programs eligible under 227 |
---|
| 288 | + | the general statutes, not exceeding $100,000,000. 228 Governor's Bill No. 980 |
---|
| 289 | + | |
---|
| 290 | + | |
---|
| 291 | + | |
---|
| 292 | + | LCO No. 4023 9 of 56 |
---|
| 293 | + | |
---|
| 294 | + | Sec. 10. (Effective July 1, 2023) None of the bonds described in sections 229 |
---|
| 295 | + | 8 to 11, inclusive, of this act shall be authorized except upon a finding 230 |
---|
| 296 | + | by the State Bond Commission that there has been filed with it a request 231 |
---|
| 297 | + | for such authorization, which is signed by the Secretary of the Office of 232 |
---|
| 298 | + | Policy and Management or by or on behalf of such state officer, 233 |
---|
| 299 | + | department or agency and stating such terms and conditions as said 234 |
---|
| 300 | + | commission, in its discretion, may require. 235 |
---|
| 301 | + | Sec. 11. (Effective July 1, 2023) All provisions of section 3-20 of the 236 |
---|
| 302 | + | general statutes, or the exercise of any right or power granted thereby 237 |
---|
| 303 | + | which are not inconsistent with the provisions of this section and 238 |
---|
| 304 | + | sections 8 to 10, inclusive, of this act, are hereby adopted and shall apply 239 |
---|
| 305 | + | to all bonds authorized by the State Bond Commission pursuant to this 240 |
---|
| 306 | + | section and sections 8 to 10, inclusive, of this act and temporary notes in 241 |
---|
| 307 | + | anticipation of the money to be derived from the sale of any such bonds 242 |
---|
| 308 | + | so authorized may be issued in accordance with said section 3-20 and 243 |
---|
| 309 | + | from time to time renewed. Such bonds shall mature at such time or 244 |
---|
| 310 | + | times not exceeding twenty years from their respective dates as may be 245 |
---|
| 311 | + | provided in or pursuant to the resolution or resolutions of the State 246 |
---|
| 312 | + | Bond Commission authorizing such bonds. Such bonds issued pursuant 247 |
---|
| 313 | + | to section 8 of this act shall be general obligations of the state and the 248 |
---|
| 314 | + | full faith and credit of the state of Connecticut are pledged for the 249 |
---|
| 315 | + | payment of the principal of and interest on such bonds as the same 250 |
---|
| 316 | + | become due, and accordingly and as part of the contract of the state with 251 |
---|
| 317 | + | the holders of such bonds, appropriation of all amounts necessary for 252 |
---|
| 318 | + | punctual payment of such principal and interest is hereby made, and 253 |
---|
| 319 | + | the State Treasurer shall pay such principal and interest as the same 254 |
---|
| 320 | + | become due. 255 |
---|
| 321 | + | Sec. 12. (Effective July 1, 2023) The State Bond Commission shall have 256 |
---|
| 322 | + | power, in accordance with the provisions of this section and sections 13 257 |
---|
| 323 | + | to 19, inclusive, of this act, from time to time to authorize the issuance 258 |
---|
| 324 | + | of bonds of the state in one or more series and in principal amounts in 259 |
---|
| 325 | + | the aggregate, not exceeding $175,000,000. 260 |
---|
| 326 | + | Sec. 13. (Effective July 1, 2023) The proceeds of the sale of the bonds 261 Governor's Bill No. 980 |
---|
| 327 | + | |
---|
| 328 | + | |
---|
| 329 | + | |
---|
| 330 | + | LCO No. 4023 10 of 56 |
---|
| 331 | + | |
---|
| 332 | + | described in sections 12 to 19, inclusive, of this act shall be used for the 262 |
---|
| 333 | + | purpose of providing grants-in-aid and other financing for the projects, 263 |
---|
| 334 | + | programs and purposes hereinafter stated: 264 |
---|
| 335 | + | (a) For the Office of Policy and Management: 265 |
---|
| 336 | + | (1) Grants-in-aid to distressed municipalities eligible under section 266 |
---|
| 337 | + | 32-9s of the general statutes for capital purposes, not exceeding 267 |
---|
| 338 | + | $7,000,000; 268 |
---|
| 339 | + | (2) Grants-in-aid to private, nonprofit health and human service 269 |
---|
| 340 | + | organizations that are exempt under Section 501(c)(3) of the Internal 270 |
---|
| 341 | + | Revenue Code of 1986, and that receive funds from the state to provide 271 |
---|
| 342 | + | direct health or human services to state agency clients, for alterations, 272 |
---|
| 343 | + | renovations, improvements, additions and new construction, including 273 |
---|
| 344 | + | health, safety, compliance with the Americans with Disabilities Act and 274 |
---|
| 345 | + | energy conservation improvements, information technology systems, 275 |
---|
| 346 | + | technology for independence, purchase of vehicles and acquisition of 276 |
---|
| 347 | + | property, not exceeding $25,000,000. 277 |
---|
| 348 | + | (b) For the Department of Energy and Environmental Protection: 278 |
---|
| 349 | + | (1) Grants-in-aid to municipalities for open space land acquisition 279 |
---|
| 350 | + | and development for conservation or recreational purposes, not 280 |
---|
| 351 | + | exceeding $10,000,000; 281 |
---|
| 352 | + | (2) Grants-in-aid for containment, removal or mitigation of identified 282 |
---|
| 353 | + | hazardous waste disposal sites, not exceeding $19,000,000; 283 |
---|
| 354 | + | (3) Grants-in-aid for identification, investigation, containment, 284 |
---|
| 355 | + | removal or mitigation of contaminated industrial sites in urban areas, 285 |
---|
| 356 | + | not exceeding $5,000,000; 286 |
---|
| 357 | + | (4) Grants-in-aid to municipalities for the purpose of providing 287 |
---|
| 358 | + | potable water and for assessment and remedial action to address 288 |
---|
| 359 | + | pollution from perfluoroalkyl and polyfluoroalkyl containing 289 |
---|
| 360 | + | substances, not exceeding $2,000,000; 290 Governor's Bill No. 980 |
---|
| 361 | + | |
---|
| 362 | + | |
---|
| 363 | + | |
---|
| 364 | + | LCO No. 4023 11 of 56 |
---|
| 365 | + | |
---|
| 366 | + | (5) Grants-in-aid to provide matching funds necessary for 291 |
---|
| 367 | + | municipalities, school districts and school bus operators to submit 292 |
---|
| 368 | + | federal grant applications in order to maximize federal funding for the 293 |
---|
| 369 | + | purchase or lease of zero-emission school buses and electric vehicle 294 |
---|
| 370 | + | charging or fueling infrastructure, not exceeding $10,000,000; 295 |
---|
| 371 | + | (6) Microgrid and resilience grant and loan pilot program, not 296 |
---|
| 372 | + | exceeding $5,000,000. 297 |
---|
| 373 | + | (c) For the Department of Economic and Community Development: 298 |
---|
| 374 | + | (1) For the Brownfield Remediation and Revitalization program, not 299 |
---|
| 375 | + | exceeding $25,000,000; 300 |
---|
| 376 | + | (2) For the Small Business Express program established by section 32-301 |
---|
| 377 | + | 7g of the general statutes, not exceeding $25,000,000; 302 |
---|
| 378 | + | (3) For the Connecticut Manufacturing Innovation Fund established 303 |
---|
| 379 | + | by section 32-7o of the general statutes, not exceeding $12,000,000. 304 |
---|
| 380 | + | (d) For the Department of Public Health: For grants-in-aid to public 305 |
---|
| 381 | + | water systems for drinking water projects, not exceeding $25,000,000. 306 |
---|
| 382 | + | (e) For the Department of Education: Grants-in-aid to assist targeted 307 |
---|
| 383 | + | local and regional school districts for alterations, repairs, improvements, 308 |
---|
| 384 | + | technology and equipment in low-performing schools, not exceeding 309 |
---|
| 385 | + | $5,000,000. 310 |
---|
| 386 | + | Sec. 14. (Effective July 1, 2023) All provisions of section 3-20 of the 311 |
---|
| 387 | + | general statutes or the exercise of any right or power granted thereby 312 |
---|
| 388 | + | which are not inconsistent with the provisions of sections 12 to 19, 313 |
---|
| 389 | + | inclusive, of this act are hereby adopted and shall apply to all bonds 314 |
---|
| 390 | + | authorized by the State Bond Commission pursuant to sections 12 to 19, 315 |
---|
| 391 | + | inclusive, of this act and temporary notes issued in anticipation of the 316 |
---|
| 392 | + | money to be derived from the sale of any such bonds so authorized may 317 |
---|
| 393 | + | be issued in accordance with said sections 12 to 19, inclusive, and from 318 |
---|
| 394 | + | time to time renewed. Such bonds shall mature at such time or times not 319 |
---|
| 395 | + | exceeding twenty years from their respective dates as may be provided 320 Governor's Bill No. 980 |
---|
| 396 | + | |
---|
| 397 | + | |
---|
| 398 | + | |
---|
| 399 | + | LCO No. 4023 12 of 56 |
---|
| 400 | + | |
---|
| 401 | + | in or pursuant to the resolution or resolutions of the State Bond 321 |
---|
| 402 | + | Commission authorizing such bonds. 322 |
---|
| 403 | + | Sec. 15. (Effective July 1, 2023) None of the bonds described in sections 323 |
---|
| 404 | + | 12 to 19, inclusive, of this act shall be authorized except upon a finding 324 |
---|
| 405 | + | by the State Bond Commission that there has been filed with it a request 325 |
---|
| 406 | + | for such authorization, which is signed by the Secretary of the Office of 326 |
---|
| 407 | + | Policy and Management or by or on behalf of such state officer, 327 |
---|
| 408 | + | department or agency and stating such terms and conditions as said 328 |
---|
| 409 | + | commission, in its discretion, may require. 329 |
---|
| 410 | + | Sec. 16. (Effective July 1, 2023) For the purposes of sections 12 to 19, 330 |
---|
| 411 | + | inclusive, of this act, "state moneys" means the proceeds of the sale of 331 |
---|
| 412 | + | bonds authorized pursuant to said sections 12 to 19, inclusive, or of 332 |
---|
| 413 | + | temporary notes issued in anticipation of the moneys to be derived from 333 |
---|
| 414 | + | the sale of such bonds. Each request filed as provided in section 15 of 334 |
---|
| 415 | + | this act for an authorization of bonds shall identify the project for which 335 |
---|
| 416 | + | the proceeds of the sale of such bonds are to be used and expended and, 336 |
---|
| 417 | + | in addition to any terms and conditions required pursuant to said 337 |
---|
| 418 | + | section 15, include the recommendation of the person signing such 338 |
---|
| 419 | + | request as to the extent to which federal, private or other moneys then 339 |
---|
| 420 | + | available or thereafter to be made available for costs in connection with 340 |
---|
| 421 | + | any such project should be added to the state moneys available or 341 |
---|
| 422 | + | becoming available under said sections 12 to 19, inclusive, for such 342 |
---|
| 423 | + | project. If the request includes a recommendation that some amount of 343 |
---|
| 424 | + | such federal, private or other moneys should be added to such state 344 |
---|
| 425 | + | moneys, then, if and to the extent directed by the State Bond 345 |
---|
| 426 | + | Commission at the time of authorization of such bonds, such amount of 346 |
---|
| 427 | + | such federal, private or other moneys then available or thereafter to be 347 |
---|
| 428 | + | made available for costs in connection with such project may be added 348 |
---|
| 429 | + | to any state moneys available or becoming available hereunder for such 349 |
---|
| 430 | + | project and be used for such project. Any other federal, private or other 350 |
---|
| 431 | + | moneys then available or thereafter to be made available for costs in 351 |
---|
| 432 | + | connection with such project upon receipt shall, in conformity with 352 |
---|
| 433 | + | applicable federal and state law, be used by the State Treasurer to meet 353 |
---|
| 434 | + | the principal of outstanding bonds issued pursuant to said sections 12 354 Governor's Bill No. 980 |
---|
| 435 | + | |
---|
| 436 | + | |
---|
| 437 | + | |
---|
| 438 | + | LCO No. 4023 13 of 56 |
---|
| 439 | + | |
---|
| 440 | + | to 19, inclusive, or to meet the principal of temporary notes issued in 355 |
---|
| 441 | + | anticipation of the money to be derived from the sale of bonds 356 |
---|
| 442 | + | theretofore authorized pursuant to said sections 12 to 19, inclusive, for 357 |
---|
| 443 | + | the purpose of financing such costs, either by purchase or redemption 358 |
---|
| 444 | + | and cancellation of such bonds or notes or by payment thereof at 359 |
---|
| 445 | + | maturity. Whenever any of the federal, private or other moneys so 360 |
---|
| 446 | + | received with respect to such project are used to meet the principal of 361 |
---|
| 447 | + | such temporary notes or whenever the principal of any such temporary 362 |
---|
| 448 | + | notes is retired by application of revenue receipts of the state, the 363 |
---|
| 449 | + | amount of bonds theretofore authorized in anticipation of which such 364 |
---|
| 450 | + | temporary notes were issued, and the aggregate amount of bonds which 365 |
---|
| 451 | + | may be authorized pursuant to section 12 of this act shall each be 366 |
---|
| 452 | + | reduced by the amount of the principal so met or retired. Pending use 367 |
---|
| 453 | + | of the federal, private or other moneys so received to meet the principal 368 |
---|
| 454 | + | as directed in this section, the amount thereof may be invested by the 369 |
---|
| 455 | + | State Treasurer in bonds or obligations of, or guaranteed by, the state or 370 |
---|
| 456 | + | the United States or agencies or instrumentalities of the United States, 371 |
---|
| 457 | + | shall be deemed to be part of the debt retirement funds of the state, and 372 |
---|
| 458 | + | net earnings on such investments shall be used in the same manner as 373 |
---|
| 459 | + | the moneys so invested. 374 |
---|
| 460 | + | Sec. 17. (Effective July 1, 2023) The bonds issued pursuant to sections 375 |
---|
| 461 | + | 12 to 19, inclusive, of this act shall be general obligations of the state and 376 |
---|
| 462 | + | the full faith and credit of the state of Connecticut are pledged for the 377 |
---|
| 463 | + | payment of the principal of and interest on said bonds as the same 378 |
---|
| 464 | + | become due, and accordingly and as part of the contract of the state with 379 |
---|
| 465 | + | the holders of said bonds, appropriation of all amounts necessary for 380 |
---|
| 466 | + | punctual payment of such principal and interest is hereby made, and 381 |
---|
| 467 | + | the State Treasurer shall pay such principal and interest as the same 382 |
---|
| 468 | + | become due. 383 |
---|
| 469 | + | Sec. 18. (Effective July 1, 2023) In accordance with section 13 of this act, 384 |
---|
| 470 | + | the state, through the state agencies specified in said section 13, may 385 |
---|
| 471 | + | provide grants-in-aid and other financings to or for the agencies for the 386 |
---|
| 472 | + | purposes and projects as described in said section 13. All financing shall 387 |
---|
| 473 | + | be made in accordance with the terms of a contract at such time or times 388 Governor's Bill No. 980 |
---|
| 474 | + | |
---|
| 475 | + | |
---|
| 476 | + | |
---|
| 477 | + | LCO No. 4023 14 of 56 |
---|
| 478 | + | |
---|
| 479 | + | as shall be determined within authorization of funds by the State Bond 389 |
---|
| 480 | + | Commission. 390 |
---|
| 481 | + | Sec. 19. (Effective July 1, 2023) In the case of any grant-in-aid made 391 |
---|
| 482 | + | pursuant to subsection (a), (b), (c), (d) or (e) of section 13 of this act that 392 |
---|
| 483 | + | is made to any entity which is not a political subdivision of the state, the 393 |
---|
| 484 | + | contract entered into pursuant to section 13 of this act shall provide that 394 |
---|
| 485 | + | if the premises for which such grant-in-aid was made ceases, within ten 395 |
---|
| 486 | + | years of the date of such grant, to be used as a facility for which such 396 |
---|
| 487 | + | grant was made, an amount equal to the amount of such grant, minus 397 |
---|
| 488 | + | ten per cent per year for each full year which has elapsed since the date 398 |
---|
| 489 | + | of such grant, shall be repaid to the state and that a lien shall be placed 399 |
---|
| 490 | + | on such land in favor of the state to ensure that such amount shall be 400 |
---|
| 491 | + | repaid in the event of such change in use, provided if the premises for 401 |
---|
| 492 | + | which such grant-in-aid was made are owned by the state, a 402 |
---|
| 493 | + | municipality or a housing authority, no lien need be placed. 403 |
---|
| 494 | + | Sec. 20. (Effective July 1, 2024) The State Bond Commission shall have 404 |
---|
| 495 | + | power, in accordance with the provisions of this section and sections 21 405 |
---|
| 496 | + | to 26, inclusive, of this act, from time to time to authorize the issuance 406 |
---|
| 497 | + | of bonds of the state in one or more series and in principal amounts in 407 |
---|
| 498 | + | the aggregate not exceeding $442,845,000. 408 |
---|
| 499 | + | Sec. 21. (Effective July 1, 2024) The proceeds of the sale of bonds 409 |
---|
| 500 | + | described in sections 20 to 26, inclusive, of this act, to the extent 410 |
---|
| 501 | + | hereinafter stated, shall be used for the purpose of acquiring, by 411 |
---|
| 502 | + | purchase or condemnation, undertaking, constructing, reconstructing, 412 |
---|
| 503 | + | improving or equipping, or purchasing land or buildings or improving 413 |
---|
| 504 | + | sites for the projects hereinafter described, including payment of 414 |
---|
| 505 | + | architectural, engineering, demolition or related costs in connection 415 |
---|
| 506 | + | therewith, or of payment of the cost of long-range capital programming 416 |
---|
| 507 | + | and space utilization studies as hereinafter stated: 417 |
---|
| 508 | + | (a) For the Office of Policy and Management: For an information 418 |
---|
| 509 | + | technology capital investment program, not exceeding $65,000,000. 419 |
---|
| 510 | + | (b) For the Department of Administrative Services: 420 Governor's Bill No. 980 |
---|
| 511 | + | |
---|
| 512 | + | |
---|
| 513 | + | |
---|
| 514 | + | LCO No. 4023 15 of 56 |
---|
| 515 | + | |
---|
| 516 | + | (1) Removal or encapsulation of asbestos and hazardous materials in 421 |
---|
| 517 | + | state-owned buildings, not exceeding $5,000,000; 422 |
---|
| 518 | + | (2) Infrastructure repairs and improvements, including fire, safety 423 |
---|
| 519 | + | and compliance with the Americans with Disab ilities Act 424 |
---|
| 520 | + | improvements, improvements to state-owned buildings and grounds, 425 |
---|
| 521 | + | including energy-conservation and off-site improvements, and 426 |
---|
| 522 | + | preservation of unoccupied buildings and grounds, including office 427 |
---|
| 523 | + | development, acquisition, renovations for additional parking and 428 |
---|
| 524 | + | security improvements at state-occupied buildings, not exceeding 429 |
---|
| 525 | + | $25,000,000. 430 |
---|
| 526 | + | (c) For the Department of Emergency Services and Public Protection: 431 |
---|
| 527 | + | Alterations, renovations and improvements to buildings and grounds, 432 |
---|
| 528 | + | including utilities, mechanical systems and energy conservation 433 |
---|
| 529 | + | projects, not exceeding $31,500,000. 434 |
---|
| 530 | + | (d) For the Department of Motor Vehicles: Alterations, renovations 435 |
---|
| 531 | + | and improvements to buildings and grounds, not exceeding $2,000,000. 436 |
---|
| 532 | + | (e) For the Military Department: 437 |
---|
| 533 | + | (1) State matching funds for anticipated federal reimbursable 438 |
---|
| 534 | + | projects, not exceeding $200,000; 439 |
---|
| 535 | + | (2) Alterations, renovations and improvements to buildings and 440 |
---|
| 536 | + | grounds, including utilities, mechanical systems and energy 441 |
---|
| 537 | + | conservation, not exceeding $3,000,000. 442 |
---|
| 538 | + | (f) For the Department of Energy and Environmental Protection: 443 |
---|
| 539 | + | (1) Recreation and Natural Heritage Trust Program for recreation, 444 |
---|
| 540 | + | open space, resource protection and resource management, not 445 |
---|
| 541 | + | exceeding $3,000,000; 446 |
---|
| 542 | + | (2) Alterations, renovations and new construction at state parks and 447 |
---|
| 543 | + | other recreation facilities, including Americans with Disabilities Act 448 |
---|
| 544 | + | improvements, not exceeding $20,000,000; 449 Governor's Bill No. 980 |
---|
| 545 | + | |
---|
| 546 | + | |
---|
| 547 | + | |
---|
| 548 | + | LCO No. 4023 16 of 56 |
---|
| 549 | + | |
---|
| 550 | + | (3) Water pollution control projects at state facilities and for 450 |
---|
| 551 | + | engineering reports for regional planning agencies, not exceeding 451 |
---|
| 552 | + | $1,000,000; 452 |
---|
| 553 | + | (4) For the purpose of funding projects in state buildings and assets 453 |
---|
| 554 | + | that result in decreased environmental impacts, including projects: That 454 |
---|
| 555 | + | improve energy efficiency pursuant to section 16a-38l of the general 455 |
---|
| 556 | + | statutes; that reduce greenhouse gas emissions from building heating 456 |
---|
| 557 | + | and cooling, including installation of renewable thermal heating 457 |
---|
| 558 | + | systems; that expand electric vehicle charging infrastructure to support 458 |
---|
| 559 | + | charging on state property; that reduce water use; that reduce waste 459 |
---|
| 560 | + | generation and disposal; or for any renewable energy, or combined heat 460 |
---|
| 561 | + | and power project in state buildings, not exceeding $20,000,000; 461 |
---|
| 562 | + | (5) Dam repairs, including state-owned dams, not exceeding 462 |
---|
| 563 | + | $2,500,000; 463 |
---|
| 564 | + | (6) Various flood control improvements, flood repair, erosion 464 |
---|
| 565 | + | damage repairs and municipal dam repairs, not exceeding $2,500,000. 465 |
---|
| 566 | + | (g) For the Capital Region Development Authority: 466 |
---|
| 567 | + | (1) Alterations, renovations and improvements at the Connecticut 467 |
---|
| 568 | + | Convention Center and Rentschler Field, not exceeding $17,000,000; 468 |
---|
| 569 | + | (2) Alterations, renovations and improvements to parking garages in 469 |
---|
| 570 | + | Hartford, not exceeding $5,000,000. 470 |
---|
| 571 | + | (h) For the Department of Mental Health and Addiction Services: 471 |
---|
| 572 | + | Fire, safety and environmental improvements to regional facilities for 472 |
---|
| 573 | + | client and staff needs, including improvements in compliance with 473 |
---|
| 574 | + | current codes, including intermediate care facilities and site 474 |
---|
| 575 | + | improvements, handicapped access improvements, utilities, repair or 475 |
---|
| 576 | + | replacement of roofs, air conditioning and other interior and exterior 476 |
---|
| 577 | + | building renovations and additions at all state-owned facilities, not 477 |
---|
| 578 | + | exceeding $30,990,000. 478 |
---|
| 579 | + | (i) For the State Library: Renovation of the Middletown Library 479 Governor's Bill No. 980 |
---|
| 580 | + | |
---|
| 581 | + | |
---|
| 582 | + | |
---|
| 583 | + | LCO No. 4023 17 of 56 |
---|
| 584 | + | |
---|
| 585 | + | Service Center, not exceeding $355,000. 480 |
---|
| 586 | + | (j) For The University of Connecticut Health Center: 481 |
---|
| 587 | + | (1) Deferred maintenance, code compliance and infrastructure 482 |
---|
| 588 | + | improvements, not exceeding $30,000,000; 483 |
---|
| 589 | + | (2) System telecommunications infrastructure upgrades, 484 |
---|
| 590 | + | improvements and expansions, not exceeding $3,000,000. 485 |
---|
| 591 | + | (k) For the Connecticut State Colleges and Universities: 486 |
---|
| 592 | + | (1) System telecommunications infrastructure upgrades, 487 |
---|
| 593 | + | improvements and expansions, not exceeding $9,000,000; 488 |
---|
| 594 | + | (2) Advanced manufacturing and emerging technology programs, 489 |
---|
| 595 | + | not exceeding $3,000,000; 490 |
---|
| 596 | + | (3) All State Colleges and Universities: Security Improvements, not 491 |
---|
| 597 | + | exceeding $3,000,000; 492 |
---|
| 598 | + | (4) All universities: Deferred maintenance, code compliance and 493 |
---|
| 599 | + | infrastructure improvements, not exceeding $60,200,000; 494 |
---|
| 600 | + | (5) All universities: New and replacement instruction, research or 495 |
---|
| 601 | + | laboratory equipment, not exceeding $15,000,000; 496 |
---|
| 602 | + | (6) All community colleges: Deferred maintenance, code compliance 497 |
---|
| 603 | + | and infrastructure improvements, not exceeding $22,600,000; 498 |
---|
| 604 | + | (7) All community colleges: New and replacement instruction, 499 |
---|
| 605 | + | research or laboratory equipment, not exceeding $13,000,000. 500 |
---|
| 606 | + | (l) For the Department of Correction: Alterations, renovations and 501 |
---|
| 607 | + | improvements to existing state-owned buildings for inmate housing, 502 |
---|
| 608 | + | programming and staff training space and additional inmate capacity, 503 |
---|
| 609 | + | and for support facilities and off-site improvements, not exceeding 504 |
---|
| 610 | + | $35,000,000. 505 Governor's Bill No. 980 |
---|
| 611 | + | |
---|
| 612 | + | |
---|
| 613 | + | |
---|
| 614 | + | LCO No. 4023 18 of 56 |
---|
| 615 | + | |
---|
| 616 | + | (m) For the Judicial Department: 506 |
---|
| 617 | + | (1) Alterations, renovations and improvements to buildings and 507 |
---|
| 618 | + | grounds at state-owned and maintained facilities, not exceeding 508 |
---|
| 619 | + | $10,000,000; 509 |
---|
| 620 | + | (2) Security improvements at various state-owned and maintained 510 |
---|
| 621 | + | facilities, not exceeding $2,000,000; 511 |
---|
| 622 | + | (3) Alterations and improvements in compliance with the Americans 512 |
---|
| 623 | + | with Disabilities Act, not exceeding $1,000,000; 513 |
---|
| 624 | + | (4) Implementation of the Technology Strategic Plan Project, not 514 |
---|
| 625 | + | exceeding $2,000,000. 515 |
---|
| 626 | + | Sec. 22. (Effective July 1, 2024) All provisions of section 3-20 of the 516 |
---|
| 627 | + | general statutes or the exercise of any right or power granted thereby 517 |
---|
| 628 | + | which are not inconsistent with the provisions of sections 20 to 26, 518 |
---|
| 629 | + | inclusive, of this act are hereby adopted and shall apply to all bonds 519 |
---|
| 630 | + | authorized by the State Bond Commission pursuant to sections 20 to 26, 520 |
---|
| 631 | + | inclusive, of this act and temporary notes issued in anticipation of the 521 |
---|
| 632 | + | money to be derived from the sale of any such bonds so authorized may 522 |
---|
| 633 | + | be issued in accordance with said section 3-20 and from time to time 523 |
---|
| 634 | + | renewed. Such bonds shall mature at such time or times not exceeding 524 |
---|
| 635 | + | twenty years from their respective dates as may be provided in or 525 |
---|
| 636 | + | pursuant to the resolution or resolutions of the State Bond Commission 526 |
---|
| 637 | + | authorizing such bonds. 527 |
---|
| 638 | + | Sec. 23. (Effective July 1, 2024) None of the bonds described in sections 528 |
---|
| 639 | + | 20 to 26, inclusive, of this act, shall be authorized except upon a finding 529 |
---|
| 640 | + | by the State Bond Commission that there has been filed with it a request 530 |
---|
| 641 | + | for such authorization, which is signed by the Secretary of the Office of 531 |
---|
| 642 | + | Policy and Management or by or on behalf of such state officer, 532 |
---|
| 643 | + | department or agency and stating such terms and conditions as said 533 |
---|
| 644 | + | commission, in its discretion, may require. 534 |
---|
| 645 | + | Sec. 24. (Effective July 1, 2024) For the purposes of sections 20 to 26, 535 Governor's Bill No. 980 |
---|
| 646 | + | |
---|
| 647 | + | |
---|
| 648 | + | |
---|
| 649 | + | LCO No. 4023 19 of 56 |
---|
| 650 | + | |
---|
| 651 | + | inclusive, of this act, "state moneys" means the proceeds of the sale of 536 |
---|
| 652 | + | bonds authorized pursuant to said sections 20 to 26, inclusive, or of 537 |
---|
| 653 | + | temporary notes issued in anticipation of the moneys to be derived from 538 |
---|
| 654 | + | the sale of such bonds. Each request filed as provided in section 23 of 539 |
---|
| 655 | + | this act for an authorization of bonds shall identify the project for which 540 |
---|
| 656 | + | the proceeds of the sale of such bonds are to be used and expended and, 541 |
---|
| 657 | + | in addition to any terms and conditions required pursuant to said 542 |
---|
| 658 | + | section 23, shall include the recommendation of the person signing such 543 |
---|
| 659 | + | request as to the extent to which federal, private or other moneys then 544 |
---|
| 660 | + | available or thereafter to be made available for costs in connection with 545 |
---|
| 661 | + | any such project should be added to the state moneys available or 546 |
---|
| 662 | + | becoming available hereunder for such project. If the request includes a 547 |
---|
| 663 | + | recommendation that some amount of such federal, private or other 548 |
---|
| 664 | + | moneys should be added to such state moneys, then, if and to the extent 549 |
---|
| 665 | + | directed by the State Bond Commission at the time of authorization of 550 |
---|
| 666 | + | such bonds, such amount of such federal, private or other moneys then 551 |
---|
| 667 | + | available, or thereafter to be made available for costs in connection with 552 |
---|
| 668 | + | such project, may be added to any state moneys available or becoming 553 |
---|
| 669 | + | available hereunder for such project and shall be used for such project. 554 |
---|
| 670 | + | Any other federal, private or other moneys then available or thereafter 555 |
---|
| 671 | + | to be made available for costs in connection with such project shall, 556 |
---|
| 672 | + | upon receipt, be used by the State Treasurer, in conformity with 557 |
---|
| 673 | + | applicable federal and state law, to meet the principal of outstanding 558 |
---|
| 674 | + | bonds issued pursuant to sections 20 to 26, inclusive, of this act, or to 559 |
---|
| 675 | + | meet the principal of temporary notes issued in anticipation of the 560 |
---|
| 676 | + | money to be derived from the sale of bonds theretofore authorized 561 |
---|
| 677 | + | pursuant to said sections 20 to 26, inclusive, for the purpose of financing 562 |
---|
| 678 | + | such costs, either by purchase or redemption and cancellation of such 563 |
---|
| 679 | + | bonds or notes or by payment thereof at maturity. Whenever any of the 564 |
---|
| 680 | + | federal, private or other moneys so received with respect to such project 565 |
---|
| 681 | + | are used to meet the principal of such temporary notes or whenever 566 |
---|
| 682 | + | principal of any such temporary notes is retired by application of 567 |
---|
| 683 | + | revenue receipts of the state, the amount of bonds theretofore 568 |
---|
| 684 | + | authorized in anticipation of which such temporary notes were issued, 569 |
---|
| 685 | + | and the aggregate amount of bonds which may be authorized pursuant 570 Governor's Bill No. 980 |
---|
| 686 | + | |
---|
| 687 | + | |
---|
| 688 | + | |
---|
| 689 | + | LCO No. 4023 20 of 56 |
---|
| 690 | + | |
---|
| 691 | + | to section 20 of this act, shall each be reduced by the amount of the 571 |
---|
| 692 | + | principal so met or retired. Pending use of the federal, private or other 572 |
---|
| 693 | + | moneys so received to meet principal as hereinabove directed, the 573 |
---|
| 694 | + | amount thereof may be invested by the State Treasurer in bonds or 574 |
---|
| 695 | + | obligations of, or guaranteed by, the state or the United States or 575 |
---|
| 696 | + | agencies or instrumentalities of the United States, shall be deemed to be 576 |
---|
| 697 | + | part of the debt retirement funds of the state, and net earnings on such 577 |
---|
| 698 | + | investments shall be used in the same manner as the moneys so 578 |
---|
| 699 | + | invested. 579 |
---|
| 700 | + | Sec. 25. (Effective July 1, 2024) Any balance of proceeds of the sale of 580 |
---|
| 701 | + | said bonds authorized for any project described in section 21 of this act 581 |
---|
| 702 | + | in excess of the cost of such project may be used to complete any other 582 |
---|
| 703 | + | project described in said section 21, if the State Bond Commission shall 583 |
---|
| 704 | + | so determine and direct. Any balance of proceeds of the sale of said 584 |
---|
| 705 | + | bonds in excess of the costs of all the projects described in said section 585 |
---|
| 706 | + | 21 shall be deposited to the credit of the General Fund. 586 |
---|
| 707 | + | Sec. 26. (Effective July 1, 2024) The bonds issued pursuant to this 587 |
---|
| 708 | + | section and sections 20 to 25, inclusive, of this act shall be general 588 |
---|
| 709 | + | obligations of the state and the full faith and credit of the state of 589 |
---|
| 710 | + | Connecticut are pledged for the payment of the principal of and interest 590 |
---|
| 711 | + | on said bonds as the same become due, and accordingly and as part of 591 |
---|
| 712 | + | the contract of the state with the holders of said bonds, appropriation of 592 |
---|
| 713 | + | all amounts necessary for punctual payment of such principal and 593 |
---|
| 714 | + | interest is hereby made, and the State Treasurer shall pay such principal 594 |
---|
| 715 | + | and interest as the same become due. 595 |
---|
| 716 | + | Sec. 27. (Effective July 1, 2024) The State Bond Commission shall have 596 |
---|
| 717 | + | power, in accordance with the provisions of this section and sections 28 597 |
---|
| 718 | + | and 29 of this act, from time to time to authorize the issuance of bonds 598 |
---|
| 719 | + | of the state in one or more series and in principal amounts in the 599 |
---|
| 720 | + | aggregate, not exceeding $100,000,000. 600 |
---|
| 721 | + | Sec. 28. (Effective July 1, 2024) The proceeds of the sale of bonds 601 |
---|
| 722 | + | described in sections 27 to 30, inclusive, of this act shall be used by the 602 Governor's Bill No. 980 |
---|
| 723 | + | |
---|
| 724 | + | |
---|
| 725 | + | |
---|
| 726 | + | LCO No. 4023 21 of 56 |
---|
| 727 | + | |
---|
| 728 | + | Department of Housing for the purposes hereinafter stated: Housing 603 |
---|
| 729 | + | development and rehabilitation, including moderate cost housing, 604 |
---|
| 730 | + | moderate rental, congregate and elderly housing, urban homesteading, 605 |
---|
| 731 | + | community housing development corporations, housing purchase and 606 |
---|
| 732 | + | rehabilitation, housing for the homeless, housing for low-income 607 |
---|
| 733 | + | persons, limited equity cooperatives and mutual housing projects, 608 |
---|
| 734 | + | abatement of hazardous material including asbestos and lead-based 609 |
---|
| 735 | + | paint in residential structures, emergency repair assistance for senior 610 |
---|
| 736 | + | citizens, housing land bank and land trust, housing and community 611 |
---|
| 737 | + | development, predevelopment grants and loans, reimbursement for 612 |
---|
| 738 | + | state and federal surplus property, private rental investment mortgage 613 |
---|
| 739 | + | and equity program, housing infrastructure, demolition, renovation or 614 |
---|
| 740 | + | redevelopment of vacant buildings or related infrastructure, septic 615 |
---|
| 741 | + | system repair loan program, acquisition and related rehabilitation, 616 |
---|
| 742 | + | including loan guarantees for private developers of rental housing for 617 |
---|
| 743 | + | the elderly, projects under the program established in section 8-37pp of 618 |
---|
| 744 | + | the general statutes and participation in federal programs, including 619 |
---|
| 745 | + | administrative expenses associated with those programs eligible under 620 |
---|
| 746 | + | the general statutes, not exceeding $100,000,000. 621 |
---|
| 747 | + | Sec. 29. (Effective July 1, 2024) None of the bonds described in sections 622 |
---|
| 748 | + | 27 to 30, inclusive, of this act shall be authorized except upon a finding 623 |
---|
| 749 | + | by the State Bond Commission that there has been filed with it a request 624 |
---|
| 750 | + | for such authorization, which is signed by the Secretary of the Office of 625 |
---|
| 751 | + | Policy and Management or by or on behalf of such state officer, 626 |
---|
| 752 | + | department or agency and stating such terms and conditions as said 627 |
---|
| 753 | + | commission, in its discretion, may require. 628 |
---|
| 754 | + | Sec. 30. (Effective July 1, 2024) All provisions of section 3-20 of the 629 |
---|
| 755 | + | general statutes, or the exercise of any right or power granted thereby 630 |
---|
| 756 | + | which are not inconsistent with the provisions of this section and 631 |
---|
| 757 | + | sections 27 to 29, inclusive, of this act are hereby adopted and shall apply 632 |
---|
| 758 | + | to all bonds authorized by the State Bond Commission pursuant to this 633 |
---|
| 759 | + | section and sections 27 to 29, inclusive, of this act and temporary notes 634 |
---|
| 760 | + | in anticipation of the money to be derived from the sale of any such 635 |
---|
| 761 | + | bonds so authorized may be issued in accordance with said section 3-20 636 Governor's Bill No. 980 |
---|
| 762 | + | |
---|
| 763 | + | |
---|
| 764 | + | |
---|
| 765 | + | LCO No. 4023 22 of 56 |
---|
| 766 | + | |
---|
| 767 | + | and from time to time renewed. Such bonds shall mature at such time 637 |
---|
| 768 | + | or times not exceeding twenty years from their respective dates as may 638 |
---|
| 769 | + | be provided in or pursuant to the resolution or resolutions of the State 639 |
---|
| 770 | + | Bond Commission authorizing such bonds. Such bonds issued pursuant 640 |
---|
| 771 | + | to section 27 of this act shall be general obligations of the state and the 641 |
---|
| 772 | + | full faith and credit of the state of Connecticut are pledged for the 642 |
---|
| 773 | + | payment of the principal of and interest on such bonds as the same 643 |
---|
| 774 | + | become due, and accordingly and as part of the contract of the state with 644 |
---|
| 775 | + | the holders of such bonds, appropriation of all amounts necessary for 645 |
---|
| 776 | + | punctual payment of such principal and interest is hereby made, and 646 |
---|
| 777 | + | the State Treasurer shall pay such principal and interest as the same 647 |
---|
| 778 | + | become due. 648 |
---|
| 779 | + | Sec. 31. (Effective July 1, 2024) The State Bond Commission shall have 649 |
---|
| 780 | + | power, in accordance with the provisions of this section and sections 32 650 |
---|
| 781 | + | to 38, inclusive, of this act, from time to time to authorize the issuance 651 |
---|
| 782 | + | of bonds of the state in one or more series and in principal amounts in 652 |
---|
| 783 | + | the aggregate, not exceeding $193,000,000. 653 |
---|
| 784 | + | Sec. 32. (Effective July 1, 2024) The proceeds of the sale of the bonds 654 |
---|
| 785 | + | described in sections 31 to 38, inclusive, of this act shall be used for the 655 |
---|
| 786 | + | purpose of providing grants-in-aid and other financing for the projects, 656 |
---|
| 787 | + | programs and purposes hereinafter stated: 657 |
---|
| 788 | + | (a) For the Office of Policy and Management: 658 |
---|
| 789 | + | (1) Grants-in-aid to distressed municipalities eligible under section 659 |
---|
| 790 | + | 32-9s of the general statutes for capital purposes, not exceeding 660 |
---|
| 791 | + | $7,000,000; 661 |
---|
| 792 | + | (2) Grants-in-aid to private, nonprofit health and human service 662 |
---|
| 793 | + | organizations that are exempt under Section 501(c)(3) of the Internal 663 |
---|
| 794 | + | Revenue Code of 1986, and that receive funds from the state to provide 664 |
---|
| 795 | + | direct health or human services to state agency clients, for alterations, 665 |
---|
| 796 | + | renovations, improvements, additions and new construction, including 666 |
---|
| 797 | + | health, safety, compliance with the Americans with Disabilities Act and 667 |
---|
| 798 | + | energy conservation improvements, information technology systems, 668 Governor's Bill No. 980 |
---|
| 799 | + | |
---|
| 800 | + | |
---|
| 801 | + | |
---|
| 802 | + | LCO No. 4023 23 of 56 |
---|
| 803 | + | |
---|
| 804 | + | technology for independence, purchase of vehicles and acquisition of 669 |
---|
| 805 | + | property, not exceeding $25,000,000. 670 |
---|
| 806 | + | (b) For the Department of Energy and Environmental Protection: 671 |
---|
| 807 | + | (1) Grants-in-aid to municipalities for open space land acquisition 672 |
---|
| 808 | + | and development for conservation or recreational purposes, not 673 |
---|
| 809 | + | exceeding $10,000,000; 674 |
---|
| 810 | + | (2) Grants-in-aid for containment, removal or mitigation of identified 675 |
---|
| 811 | + | hazardous waste disposal sites, not exceeding $17,000,000; 676 |
---|
| 812 | + | (3) Grants-in-aid for identification, investigation, containment, 677 |
---|
| 813 | + | removal or mitigation of contaminated industrial sites in urban areas, 678 |
---|
| 814 | + | not exceeding $5,000,000; 679 |
---|
| 815 | + | (4) Grants-in-aid to municipalities for the purpose of providing 680 |
---|
| 816 | + | potable water and for assessment and remedial action to address 681 |
---|
| 817 | + | pollution from perfluoroalkyl and polyfluoroalkyl containing 682 |
---|
| 818 | + | substances, not exceeding $2,000,000; 683 |
---|
| 819 | + | (5) Grants-in-aid to provide matching funds necessary for 684 |
---|
| 820 | + | municipalities, school districts and school bus operators to submit 685 |
---|
| 821 | + | federal grant applications in order to maximize federal funding for the 686 |
---|
| 822 | + | purchase or lease of zero-emission school buses and electric vehicle 687 |
---|
| 823 | + | charging or fueling infrastructure, not exceeding $10,000,000; 688 |
---|
| 824 | + | (6) Microgrid and resilience grant and loan pilot program, not 689 |
---|
| 825 | + | exceeding $25,000,000. 690 |
---|
| 826 | + | (c) For the Department of Economic and Community Development: 691 |
---|
| 827 | + | (1) For the Brownfield Remediation and Revitalization program, not 692 |
---|
| 828 | + | exceeding $25,000,000; 693 |
---|
| 829 | + | (2) For the Small Business Express program established by section 32-694 |
---|
| 830 | + | 7g of the general statutes, not exceeding $25,000,000; 695 |
---|
| 831 | + | (3) For the Connecticut Manufacturing Innovation Fund established 696 Governor's Bill No. 980 |
---|
| 832 | + | |
---|
| 833 | + | |
---|
| 834 | + | |
---|
| 835 | + | LCO No. 4023 24 of 56 |
---|
| 836 | + | |
---|
| 837 | + | by section 32-7o of the general statutes, not exceeding $12,000,000. 697 |
---|
| 838 | + | (d) For the Department of Public Health: For grants-in-aid to public 698 |
---|
| 839 | + | water systems for drinking water projects, not exceeding $25,000,000. 699 |
---|
| 840 | + | (e) For the Department of Education: Grants-in-aid to assist targeted 700 |
---|
| 841 | + | local and regional school districts for alterations, repairs, improvements, 701 |
---|
| 842 | + | technology and equipment in low-performing schools, not exceeding 702 |
---|
| 843 | + | $5,000,000. 703 |
---|
| 844 | + | Sec. 33. (Effective July 1, 2024) All provisions of section 3-20 of the 704 |
---|
| 845 | + | general statutes or the exercise of any right or power granted thereby 705 |
---|
| 846 | + | which are not inconsistent with the provisions of sections 31 to 38, 706 |
---|
| 847 | + | inclusive, of this act are hereby adopted and shall apply to all bonds 707 |
---|
| 848 | + | authorized by the State Bond Commission pursuant to sections 31 to 38, 708 |
---|
| 849 | + | inclusive, of this act and temporary notes issued in anticipation of the 709 |
---|
| 850 | + | money to be derived from the sale of any such bonds so authorized may 710 |
---|
| 851 | + | be issued in accordance with said sections 31 to 38, inclusive, and from 711 |
---|
| 852 | + | time to time renewed. Such bonds shall mature at such time or times not 712 |
---|
| 853 | + | exceeding twenty years from their respective dates as may be provided 713 |
---|
| 854 | + | in or pursuant to the resolution or resolutions of the State Bond 714 |
---|
| 855 | + | Commission authorizing such bonds. 715 |
---|
| 856 | + | Sec. 34. (Effective July 1, 2024) None of the bonds described in sections 716 |
---|
| 857 | + | 31 to 38, inclusive, of this act shall be authorized except upon a finding 717 |
---|
| 858 | + | by the State Bond Commission that there has been filed with it a request 718 |
---|
| 859 | + | for such authorization, which is signed by the Secretary of the Office of 719 |
---|
| 860 | + | Policy and Management or by or on behalf of such state officer, 720 |
---|
| 861 | + | department or agency and stating such terms and conditions as said 721 |
---|
| 862 | + | commission, in its discretion, may require. 722 |
---|
| 863 | + | Sec. 35. (Effective July 1, 2024) For the purposes of sections 31 to 38, 723 |
---|
| 864 | + | inclusive, of this act, "state moneys" means the proceeds of the sale of 724 |
---|
| 865 | + | bonds authorized pursuant to said sections 31 to 38, inclusive, or of 725 |
---|
| 866 | + | temporary notes issued in anticipation of the moneys to be derived from 726 |
---|
| 867 | + | the sale of such bonds. Each request filed as provided in section 34 of 727 |
---|
| 868 | + | this act for an authorization of bonds shall identify the project for which 728 Governor's Bill No. 980 |
---|
| 869 | + | |
---|
| 870 | + | |
---|
| 871 | + | |
---|
| 872 | + | LCO No. 4023 25 of 56 |
---|
| 873 | + | |
---|
| 874 | + | the proceeds of the sale of such bonds are to be used and expended and, 729 |
---|
| 875 | + | in addition to any terms and conditions required pursuant to said 730 |
---|
| 876 | + | section 34, include the recommendation of the person signing such 731 |
---|
| 877 | + | request as to the extent to which federal, private or other moneys then 732 |
---|
| 878 | + | available or thereafter to be made available for costs in connection with 733 |
---|
| 879 | + | any such project should be added to the state moneys available or 734 |
---|
| 880 | + | becoming available under said sections 31 to 38, inclusive, for such 735 |
---|
| 881 | + | project. If the request includes a recommendation that some amount of 736 |
---|
| 882 | + | such federal, private or other moneys should be added to such state 737 |
---|
| 883 | + | moneys, then, if and to the extent directed by the State Bond 738 |
---|
| 884 | + | Commission at the time of authorization of such bonds, such amount of 739 |
---|
| 885 | + | such federal, private or other moneys then available or thereafter to be 740 |
---|
| 886 | + | made available for costs in connection with such project may be added 741 |
---|
| 887 | + | to any state moneys available or becoming available hereunder for such 742 |
---|
| 888 | + | project and be used for such project. Any other federal, private or other 743 |
---|
| 889 | + | moneys then available or thereafter to be made available for costs in 744 |
---|
| 890 | + | connection with such project upon receipt shall, in conformity with 745 |
---|
| 891 | + | applicable federal and state law, be used by the State Treasurer to meet 746 |
---|
| 892 | + | the principal of outstanding bonds issued pursuant to said sections 31 747 |
---|
| 893 | + | to 38, inclusive, or to meet the principal of temporary notes issued in 748 |
---|
| 894 | + | anticipation of the money to be derived from the sale of bonds 749 |
---|
| 895 | + | theretofore authorized pursuant to said sections 31 to 38, inclusive, for 750 |
---|
| 896 | + | the purpose of financing such costs, either by purchase or redemption 751 |
---|
| 897 | + | and cancellation of such bonds or notes or by payment thereof at 752 |
---|
| 898 | + | maturity. Whenever any of the federal, private or other moneys so 753 |
---|
| 899 | + | received with respect to such project are used to meet the principal of 754 |
---|
| 900 | + | such temporary notes or whenever the principal of any such temporary 755 |
---|
| 901 | + | notes is retired by application of revenue receipts of the state, the 756 |
---|
| 902 | + | amount of bonds theretofore authorized in anticipation of which such 757 |
---|
| 903 | + | temporary notes were issued, and the aggregate amount of bonds which 758 |
---|
| 904 | + | may be authorized pursuant to section 31 of this act shall each be 759 |
---|
| 905 | + | reduced by the amount of the principal so met or retired. Pending use 760 |
---|
| 906 | + | of the federal, private or other moneys so received to meet the principal 761 |
---|
| 907 | + | as directed in this section, the amount thereof may be invested by the 762 |
---|
| 908 | + | State Treasurer in bonds or obligations of, or guaranteed by, the state or 763 Governor's Bill No. 980 |
---|
| 909 | + | |
---|
| 910 | + | |
---|
| 911 | + | |
---|
| 912 | + | LCO No. 4023 26 of 56 |
---|
| 913 | + | |
---|
| 914 | + | the United States or agencies or instrumentalities of the United States, 764 |
---|
| 915 | + | shall be deemed to be part of the debt retirement funds of the state, and 765 |
---|
| 916 | + | net earnings on such investments shall be used in the same manner as 766 |
---|
| 917 | + | the moneys so invested. 767 |
---|
| 918 | + | Sec. 36. (Effective July 1, 2024) The bonds issued pursuant to sections 768 |
---|
| 919 | + | 31 to 38, inclusive, of this act shall be general obligations of the state and 769 |
---|
| 920 | + | the full faith and credit of the state of Connecticut are pledged for the 770 |
---|
| 921 | + | payment of the principal of and interest on said bonds as the same 771 |
---|
| 922 | + | become due, and accordingly and as part of the contract of the state with 772 |
---|
| 923 | + | the holders of said bonds, appropriation of all amounts necessary for 773 |
---|
| 924 | + | punctual payment of such principal and interest is hereby made, and 774 |
---|
| 925 | + | the State Treasurer shall pay such principal and interest as the same 775 |
---|
| 926 | + | become due. 776 |
---|
| 927 | + | Sec. 37. (Effective July 1, 2024) In accordance with section 32 of this act, 777 |
---|
| 928 | + | the state, through the state agencies specified in said section 32, may 778 |
---|
| 929 | + | provide grants-in-aid and other financings to or for the agencies for the 779 |
---|
| 930 | + | purposes and projects as described in said section 32. All financing shall 780 |
---|
| 931 | + | be made in accordance with the terms of a contract at such time or times 781 |
---|
| 932 | + | as shall be determined within authorization of funds by the State Bond 782 |
---|
| 933 | + | Commission. 783 |
---|
| 934 | + | Sec. 38. (Effective July 1, 2024) In the case of any grant-in-aid made 784 |
---|
| 935 | + | pursuant to subsection (a), (b), (c), (d) or (e) of section 32 of this act that 785 |
---|
| 936 | + | is made to any entity which is not a political subdivision of the state, the 786 |
---|
| 937 | + | contract entered into pursuant to section 32 of this act shall provide that 787 |
---|
| 938 | + | if the premises for which such grant-in-aid was made ceases, within ten 788 |
---|
| 939 | + | years of the date of such grant, to be used as a facility for which such 789 |
---|
| 940 | + | grant was made, an amount equal to the amount of such grant, minus 790 |
---|
| 941 | + | ten per cent per year for each full year which has elapsed since the date 791 |
---|
| 942 | + | of such grant, shall be repaid to the state and that a lien shall be placed 792 |
---|
| 943 | + | on such land in favor of the state to ensure that such amount shall be 793 |
---|
| 944 | + | repaid in the event of such change in use, provided if the premises for 794 |
---|
| 945 | + | which such grant-in-aid was made are owned by t he state, a 795 |
---|
| 946 | + | municipality or a housing authority, no lien need be placed. 796 Governor's Bill No. 980 |
---|
| 947 | + | |
---|
| 948 | + | |
---|
| 949 | + | |
---|
| 950 | + | LCO No. 4023 27 of 56 |
---|
| 951 | + | |
---|
| 952 | + | Sec. 39. (Effective July 1, 2023) The State Bond Commission shall have 797 |
---|
| 953 | + | power, in accordance with the provisions of this section and sections 40 798 |
---|
| 954 | + | to 44, inclusive, of this act, from time to time to authorize the issuance 799 |
---|
| 955 | + | of special tax obligation bonds of the state in one or more series and in 800 |
---|
| 956 | + | principal amounts in the aggregate, not exceeding $1,510,699,000. 801 |
---|
| 957 | + | Sec. 40. (Effective July 1, 2023) The proceeds of the sale of bonds 802 |
---|
| 958 | + | described in sections 39 to 44, inclusive, of this act, to the extent 803 |
---|
| 959 | + | hereinafter stated, shall be used for the purpose of payment of the 804 |
---|
| 960 | + | transportation costs, as defined in subdivision (6) of section 13b-75 of 805 |
---|
| 961 | + | the general statutes, with respect to the projects and uses hereinafter 806 |
---|
| 962 | + | described, which projects and uses are hereby found and determined to 807 |
---|
| 963 | + | be in furtherance of one or more of the authorized purposes for the 808 |
---|
| 964 | + | issuance of special tax obligation bonds set forth in section 13b-74 of the 809 |
---|
| 965 | + | general statutes. For the Department of Transportation: 810 |
---|
| 966 | + | (a) For the Bureau of Engineering and Highway Operations: 811 |
---|
| 967 | + | (1) Interstate Highway Program, not exceeding $50,346,000; 812 |
---|
| 968 | + | (2) Urban Systems Projects, not exceeding $22,000,000; 813 |
---|
| 969 | + | (3) Intrastate Highway Program, not exceeding $86,000,000; 814 |
---|
| 970 | + | (4) Environmental compliance, soil and groundwater remediation, 815 |
---|
| 971 | + | hazardous materials abatement, demolition, salt shed construction and 816 |
---|
| 972 | + | renovation, storage tank replacement and environmental emergency 817 |
---|
| 973 | + | response at or in the vicinity of state-owned properties or related to 818 |
---|
| 974 | + | Department of Transportation operations, not exceeding $15,350,000; 819 |
---|
| 975 | + | (5) State bridge improvement, rehabilitation and replacement 820 |
---|
| 976 | + | projects, not exceeding $57,500,000; 821 |
---|
| 977 | + | (6) Capital resurfacing and related reconstruction, not exceeding 822 |
---|
| 978 | + | $125,000,000; 823 |
---|
| 979 | + | (7) Fix-it-First program to repair the state's bridges, not exceeding 824 |
---|
| 980 | + | $51,500,000; 825 Governor's Bill No. 980 |
---|
| 981 | + | |
---|
| 982 | + | |
---|
| 983 | + | |
---|
| 984 | + | LCO No. 4023 28 of 56 |
---|
| 985 | + | |
---|
| 986 | + | (8) Fix-it-First program to repair the state's roads, not exceeding 826 |
---|
| 987 | + | $152,115,000; 827 |
---|
| 988 | + | (9) Local Transportation Capital Improvement Program, not 828 |
---|
| 989 | + | exceeding $76,000,000; 829 |
---|
| 990 | + | (10) Local Bridge Program, not exceeding $10,000,000; 830 |
---|
| 991 | + | (11) Highway and bridge renewal equipment, not exceeding 831 |
---|
| 992 | + | $22,513,000; 832 |
---|
| 993 | + | (12) Community connectivity and alternative mobility program, not 833 |
---|
| 994 | + | exceeding $13,000,000; 834 |
---|
| 995 | + | (13) Transportation Rural Improvement Program, not exceeding 835 |
---|
| 996 | + | $5,000,000. 836 |
---|
| 997 | + | (b) For the Bureau of Public Transportation: 837 |
---|
| 998 | + | (1) Bus and rail facilities and equipment, including rights-of-way, 838 |
---|
| 999 | + | other property acquisition and related projects, not exceeding 839 |
---|
| 1000 | + | $264,250,000; 840 |
---|
| 1001 | + | (2) Northeast Corridor Modernization Match Program, not exceeding 841 |
---|
| 1002 | + | $398,165,000. 842 |
---|
| 1003 | + | (c) For the Bureau of Administration: Department facilities, not 843 |
---|
| 1004 | + | exceeding $161,960,000. 844 |
---|
| 1005 | + | Sec. 41. (Effective July 1, 2023) None of the bonds described in sections 845 |
---|
| 1006 | + | 39 to 44, inclusive, of this act shall be authorized except upon a finding 846 |
---|
| 1007 | + | by the State Bond Commission that there has been filed with it (1) a 847 |
---|
| 1008 | + | request for such authorization, which is signed by the Secretary of the 848 |
---|
| 1009 | + | Office of Policy and Management or by or on behalf of such state officer, 849 |
---|
| 1010 | + | department or agency and stating such terms and conditions as said 850 |
---|
| 1011 | + | commission, in its discretion, may require, and (2) any capital 851 |
---|
| 1012 | + | development impact statement and any human services facility 852 |
---|
| 1013 | + | colocation statement required to be filed with the Secretary of the Office 853 Governor's Bill No. 980 |
---|
| 1014 | + | |
---|
| 1015 | + | |
---|
| 1016 | + | |
---|
| 1017 | + | LCO No. 4023 29 of 56 |
---|
| 1018 | + | |
---|
| 1019 | + | of Policy and Management pursuant to section 4b-31 of the general 854 |
---|
| 1020 | + | statutes, any advisory report regarding the state conservation and 855 |
---|
| 1021 | + | development policies plan required pursuant to section 16a-31 of the 856 |
---|
| 1022 | + | general statutes and any statement regarding farmland required 857 |
---|
| 1023 | + | pursuant to subsection (g) of section 3-20 of the general statutes and 858 |
---|
| 1024 | + | section 22-6 of the general statutes, provided the State Bond 859 |
---|
| 1025 | + | Commission may authorize said bonds without a finding that the 860 |
---|
| 1026 | + | reports and statements required by this subdivision have been filed with 861 |
---|
| 1027 | + | it if said commission authorizes the secretary of said commission to 862 |
---|
| 1028 | + | accept such reports and statements on its behalf. No funds derived from 863 |
---|
| 1029 | + | the sale of bonds authorized by said commission without a finding that 864 |
---|
| 1030 | + | the reports and statements required by subdivision (2) of this section 865 |
---|
| 1031 | + | have been filed with it shall be allotted by the Governor for any project 866 |
---|
| 1032 | + | until the reports and statements required by subdivision (2) of this 867 |
---|
| 1033 | + | section, with respect to such project, have been filed with the secretary 868 |
---|
| 1034 | + | of said commission. 869 |
---|
| 1035 | + | Sec. 42. (Effective July 1, 2023) For the purposes of sections 39 to 44, 870 |
---|
| 1036 | + | inclusive, of this act, each request filed, as provided in section 41 of this 871 |
---|
| 1037 | + | act, for an authorization of bonds shall identify the project for which the 872 |
---|
| 1038 | + | proceeds of the sale of such bonds are to be used and expended and, in 873 |
---|
| 1039 | + | addition to any terms and conditions required pursuant to said section 874 |
---|
| 1040 | + | 41, include the recommendation of the person signing such request as 875 |
---|
| 1041 | + | to the extent to which federal, private or other moneys then available or 876 |
---|
| 1042 | + | thereafter to be made available for costs in connection with any such 877 |
---|
| 1043 | + | project should be added to the state moneys available or becoming 878 |
---|
| 1044 | + | available from the proceeds of bonds and temporary notes issued in 879 |
---|
| 1045 | + | anticipation of the receipt of the proceeds of bonds. If the request 880 |
---|
| 1046 | + | includes a recommendation that some amount of such federal, private 881 |
---|
| 1047 | + | or other moneys should be added to such state moneys, then, if and to 882 |
---|
| 1048 | + | the extent directed by the State Bond Commission at the time of 883 |
---|
| 1049 | + | authorization of such bonds, such amount of such federal, private or 884 |
---|
| 1050 | + | other moneys then available or thereafter to be made available for costs 885 |
---|
| 1051 | + | in connection with such project shall be added to such state moneys. 886 |
---|
| 1052 | + | Sec. 43. (Effective July 1, 2023) Any balance of proceeds of the sale of 887 Governor's Bill No. 980 |
---|
| 1053 | + | |
---|
| 1054 | + | |
---|
| 1055 | + | |
---|
| 1056 | + | LCO No. 4023 30 of 56 |
---|
| 1057 | + | |
---|
| 1058 | + | bonds authorized for the projects or purposes of section 40 of this act, in 888 |
---|
| 1059 | + | excess of the aggregate costs of all the projects so authorized, shall be 889 |
---|
| 1060 | + | used in the manner set forth in sections 13b-74 to 13b-77, inclusive, of 890 |
---|
| 1061 | + | the general statutes and in the proceedings of the State Bond 891 |
---|
| 1062 | + | Commission respecting the issuance and sale of said bonds. 892 |
---|
| 1063 | + | Sec. 44. (Effective July 1, 2023) Bonds issued pursuant to this section 893 |
---|
| 1064 | + | and sections 39 to 43, inclusive, of this act shall be special obligations of 894 |
---|
| 1065 | + | the state and shall not be payable from or charged upon any funds other 895 |
---|
| 1066 | + | than revenues of the state pledged therefor in subsection (b) of section 896 |
---|
| 1067 | + | 13b-61 of the general statutes and section 13b-61a of the general statutes, 897 |
---|
| 1068 | + | or such other receipts, funds or moneys as may be pledged therefor. Said 898 |
---|
| 1069 | + | bonds shall not be payable from or charged upon any funds other than 899 |
---|
| 1070 | + | such pledged revenues or such other receipts, funds or moneys as may 900 |
---|
| 1071 | + | be pledged therefor, nor shall the state or any political subdivision 901 |
---|
| 1072 | + | thereof be subject to any liability thereon, except to the extent of such 902 |
---|
| 1073 | + | pledged revenues or such other receipts, funds or moneys as may be 903 |
---|
| 1074 | + | pledged therefor. Said bonds shall be issued under and in accordance 904 |
---|
| 1075 | + | with the provisions of sections 13b-74 to 13b-77, inclusive, of the general 905 |
---|
| 1076 | + | statutes. 906 |
---|
| 1077 | + | Sec. 45. (Effective July 1, 2024) The State Bond Commission shall have 907 |
---|
| 1078 | + | power, in accordance with the provisions of this section and sections 46 908 |
---|
| 1079 | + | to 50, inclusive, of this act, from time to time to authorize the issuance 909 |
---|
| 1080 | + | of special tax obligation bonds of the state in one or more series and in 910 |
---|
| 1081 | + | principal amounts in the aggregate, not exceeding $1,493,772,000. 911 |
---|
| 1082 | + | Sec. 46. (Effective July 1, 2024) The proceeds of the sale of bonds 912 |
---|
| 1083 | + | described in sections 45 to 50, inclusive, of this act, to the extent 913 |
---|
| 1084 | + | hereinafter stated, shall be used for the purpose of payment of the 914 |
---|
| 1085 | + | transportation costs, as defined in subdivision (6) of section 13b-75 of 915 |
---|
| 1086 | + | the general statutes, with respect to the projects and uses hereinafter 916 |
---|
| 1087 | + | described, which projects and uses are hereby found and determined to 917 |
---|
| 1088 | + | be in furtherance of one or more of the authorized purposes for the 918 |
---|
| 1089 | + | issuance of special tax obligation bonds set forth in section 13b-74 of the 919 |
---|
| 1090 | + | general statutes. For the Department of Transportation: 920 Governor's Bill No. 980 |
---|
| 1091 | + | |
---|
| 1092 | + | |
---|
| 1093 | + | |
---|
| 1094 | + | LCO No. 4023 31 of 56 |
---|
| 1095 | + | |
---|
| 1096 | + | (a) For the Bureau of Engineering and Highway Operations: 921 |
---|
| 1097 | + | (1) Interstate Highway Program, not exceeding $15,400,000; 922 |
---|
| 1098 | + | (2) Urban Systems Projects, not exceeding $22,000,000; 923 |
---|
| 1099 | + | (3) Intrastate Highway Program, not exceeding $88,000,000; 924 |
---|
| 1100 | + | (4) Environmental compliance, soil and groundwater remediation, 925 |
---|
| 1101 | + | hazardous materials abatement, demolition, salt shed construction and 926 |
---|
| 1102 | + | renovation, storage tank replacement and environmental emergency 927 |
---|
| 1103 | + | response at or in the vicinity of state-owned properties or related to 928 |
---|
| 1104 | + | Department of Transportation operations, not exceeding $17,065,000; 929 |
---|
| 1105 | + | (5) State bridge improvement, rehabilitation and replacement 930 |
---|
| 1106 | + | projects, not exceeding $58,200,000; 931 |
---|
| 1107 | + | (6) Capital resurfacing and related reconstruction, not exceeding 932 |
---|
| 1108 | + | $135,000,000; 933 |
---|
| 1109 | + | (7) Fix-it-First program to repair the state's bridges, not exceeding 934 |
---|
| 1110 | + | $62,250,000; 935 |
---|
| 1111 | + | (8) Fix-it-First program to repair the state's roads, not exceeding 936 |
---|
| 1112 | + | $180,729,000; 937 |
---|
| 1113 | + | (9) Local Transportation Capital Improvement Program, not 938 |
---|
| 1114 | + | exceeding $78,000,000; 939 |
---|
| 1115 | + | (10) Local Bridge Program, not exceeding $10,000,000; 940 |
---|
| 1116 | + | (11) Highway and bridge renewal equipment, not exceeding 941 |
---|
| 1117 | + | $22,513,000; 942 |
---|
| 1118 | + | (12) Community connectivity and alternative mobility program, not 943 |
---|
| 1119 | + | exceeding $13,000,000; 944 |
---|
| 1120 | + | (13) Transportation Rural Improvement Program, not exceeding 945 |
---|
| 1121 | + | $5,000,000. 946 Governor's Bill No. 980 |
---|
| 1122 | + | |
---|
| 1123 | + | |
---|
| 1124 | + | |
---|
| 1125 | + | LCO No. 4023 32 of 56 |
---|
| 1126 | + | |
---|
| 1127 | + | (b) For the Bureau of Public Transportation: 947 |
---|
| 1128 | + | (1) Bus and rail facilities and equipment, including rights-of-way, 948 |
---|
| 1129 | + | other property acquisition and related projects, not exceeding 949 |
---|
| 1130 | + | $273,450,000; 950 |
---|
| 1131 | + | (2) Northeast Corridor Modernization Match Program, not exceeding 951 |
---|
| 1132 | + | $438,175,000. 952 |
---|
| 1133 | + | (c) For the Bureau of Administration: Department facilities, not 953 |
---|
| 1134 | + | exceeding $74,990,000. 954 |
---|
| 1135 | + | Sec. 47. (Effective July 1, 2024) None of the bonds described in sections 955 |
---|
| 1136 | + | 45 to 50, inclusive, of this act shall be authorized except upon a finding 956 |
---|
| 1137 | + | by the State Bond Commission that there has been filed with it (1) a 957 |
---|
| 1138 | + | request for such authorization, which is signed by the Secretary of the 958 |
---|
| 1139 | + | Office of Policy and Management or by or on behalf of such state officer, 959 |
---|
| 1140 | + | department or agency and stating such terms and conditions as said 960 |
---|
| 1141 | + | commission, in its discretion, may require, and (2) any capital 961 |
---|
| 1142 | + | development impact statement and any human services facility 962 |
---|
| 1143 | + | colocation statement required to be filed with the Secretary of the Office 963 |
---|
| 1144 | + | of Policy and Management pursuant to section 4b-31 of the general 964 |
---|
| 1145 | + | statutes, any advisory report regarding the state conservation and 965 |
---|
| 1146 | + | development policies plan required pursuant to section 16a-31 of the 966 |
---|
| 1147 | + | general statutes and any statement regarding farmland required 967 |
---|
| 1148 | + | pursuant to subsection (g) of section 3-20 of the general statutes and 968 |
---|
| 1149 | + | section 22-6 of the general statutes, provided the State Bond 969 |
---|
| 1150 | + | Commission may authorize said bonds without a finding that the 970 |
---|
| 1151 | + | reports and statements required by this subdivision have been filed with 971 |
---|
| 1152 | + | it if said commission authorizes the secretary of said commission to 972 |
---|
| 1153 | + | accept such reports and statements on its behalf. No funds derived from 973 |
---|
| 1154 | + | the sale of bonds authorized by said commission without a finding that 974 |
---|
| 1155 | + | the reports and statements required by subdivision (2) of this section 975 |
---|
| 1156 | + | have been filed with it shall be allotted by the Governor for any project 976 |
---|
| 1157 | + | until the reports and statements required by subdivision (2) of this 977 |
---|
| 1158 | + | section, with respect to such project, have been filed with the secretary 978 Governor's Bill No. 980 |
---|
| 1159 | + | |
---|
| 1160 | + | |
---|
| 1161 | + | |
---|
| 1162 | + | LCO No. 4023 33 of 56 |
---|
| 1163 | + | |
---|
| 1164 | + | of said commission. 979 |
---|
| 1165 | + | Sec. 48. (Effective July 1, 2024) For the purposes of sections 45 to 50, 980 |
---|
| 1166 | + | inclusive, of this act, each request filed, as provided in section 47 of this 981 |
---|
| 1167 | + | act, for an authorization of bonds shall identify the project for which the 982 |
---|
| 1168 | + | proceeds of the sale of such bonds are to be used and expended and, in 983 |
---|
| 1169 | + | addition to any terms and conditions required pursuant to said section 984 |
---|
| 1170 | + | 47, include the recommendation of the person signing such request as 985 |
---|
| 1171 | + | to the extent to which federal, private or other moneys then available or 986 |
---|
| 1172 | + | thereafter to be made available for costs in connection with any such 987 |
---|
| 1173 | + | project should be added to the state moneys available or becoming 988 |
---|
| 1174 | + | available from the proceeds of bonds and temporary notes issued in 989 |
---|
| 1175 | + | anticipation of the receipt of the proceeds of bonds. If the request 990 |
---|
| 1176 | + | includes a recommendation that some amount of such federal, private 991 |
---|
| 1177 | + | or other moneys should be added to such state moneys, then, if and to 992 |
---|
| 1178 | + | the extent directed by the State Bond Commission at the time of 993 |
---|
| 1179 | + | authorization of such bonds, such amount of such federal, private or 994 |
---|
| 1180 | + | other moneys then available or thereafter to be made available for costs 995 |
---|
| 1181 | + | in connection with such project shall be added to such state moneys. 996 |
---|
| 1182 | + | Sec. 49. (Effective July 1, 2024) Any balance of proceeds of the sale of 997 |
---|
| 1183 | + | the bonds authorized for the projects or purposes of section 46 of this 998 |
---|
| 1184 | + | act, in excess of the aggregate costs of all the projects so authorized, shall 999 |
---|
| 1185 | + | be used in the manner set forth in sections 13b-74 to 13b-77, inclusive, of 1000 |
---|
| 1186 | + | the general statutes, and in the proceedings of the State Bond 1001 |
---|
| 1187 | + | Commission respecting the issuance and sale of said bonds. 1002 |
---|
| 1188 | + | Sec. 50. (Effective July 1, 2024) Bonds issued pursuant to this section 1003 |
---|
| 1189 | + | and sections 45 to 49, inclusive, of this act shall be special obligations of 1004 |
---|
| 1190 | + | the state and shall not be payable from or charged upon any funds other 1005 |
---|
| 1191 | + | than revenues of the state pledged therefor in subsection (b) of section 1006 |
---|
| 1192 | + | 13b-61 of the general statutes and section 13b-61a of the general statutes, 1007 |
---|
| 1193 | + | or such other receipts, funds or moneys as may be pledged therefor. Said 1008 |
---|
| 1194 | + | bonds shall not be payable from or charged upon any funds other than 1009 |
---|
| 1195 | + | such pledged revenues or such other receipts, funds or moneys as may 1010 |
---|
| 1196 | + | be pledged therefor, nor shall the state or any political subdivision 1011 Governor's Bill No. 980 |
---|
| 1197 | + | |
---|
| 1198 | + | |
---|
| 1199 | + | |
---|
| 1200 | + | LCO No. 4023 34 of 56 |
---|
| 1201 | + | |
---|
| 1202 | + | thereof be subject to any liability thereon, except to the extent of such 1012 |
---|
| 1203 | + | pledged revenues or such other receipts, funds or moneys as may be 1013 |
---|
| 1204 | + | pledged therefor. Said bonds shall be issued under and in accordance 1014 |
---|
| 1205 | + | with the provisions of sections 13b-74 to 13b-77, inclusive, of the general 1015 |
---|
| 1206 | + | statutes. 1016 |
---|
| 1207 | + | Sec. 51. Subsections (a) and (b) of section 4-66c of the general statutes 1017 |
---|
| 1208 | + | are repealed and the following is substituted in lieu thereof (Effective July 1018 |
---|
| 1209 | + | 1, 2023): 1019 |
---|
| 1210 | + | (a) For the purposes of subsection (b) of this section, the State Bond 1020 |
---|
| 1211 | + | Commission shall have power, from time to time to authorize the 1021 |
---|
| 1212 | + | issuance of bonds of the state in one or more series and in principal 1022 |
---|
| 1213 | + | amounts not exceeding in the aggregate [two billion three hundred 1023 |
---|
| 1214 | + | forty-four million four hundred eighty-seven thousand five hundred 1024 |
---|
| 1215 | + | forty-four dollars] two billion four hundred sixty-four million four 1025 |
---|
| 1216 | + | hundred eighty-seven thousand five hundred forty-four dollars, 1026 |
---|
| 1217 | + | provided sixty million dollars of said authorization shall be effective 1027 |
---|
| 1218 | + | July 1, 2024. All provisions of section 3-20, or the exercise of any right or 1028 |
---|
| 1219 | + | power granted thereby, which are not inconsistent with the provisions 1029 |
---|
| 1220 | + | of this section, are hereby adopted and shall apply to all bonds 1030 |
---|
| 1221 | + | authorized by the State Bond Commission pursuant to this section, and 1031 |
---|
| 1222 | + | temporary notes in anticipation of the money to be derived from the sale 1032 |
---|
| 1223 | + | of any such bonds so authorized may be issued in accordance with said 1033 |
---|
| 1224 | + | section 3-20 and from time to time renewed. Such bonds shall mature at 1034 |
---|
| 1225 | + | such time or times not exceeding twenty years from their respective 1035 |
---|
| 1226 | + | dates as may be provided in or pursuant to the resolution or resolutions 1036 |
---|
| 1227 | + | of the State Bond Commission authorizing such bonds. None of said 1037 |
---|
| 1228 | + | bonds shall be authorized except upon a finding by the State Bond 1038 |
---|
| 1229 | + | Commission that there has been filed with it a request for such 1039 |
---|
| 1230 | + | authorization, which is signed by or on behalf of the Secretary of the 1040 |
---|
| 1231 | + | Office of Policy and Management and states such terms and conditions 1041 |
---|
| 1232 | + | as said commission in its discretion may require. Said bonds issued 1042 |
---|
| 1233 | + | pursuant to this section shall be general obligations of the state and the 1043 |
---|
| 1234 | + | full faith and credit of the state of Connecticut are pledged for the 1044 |
---|
| 1235 | + | payment of the principal of and interest on said bonds as the same 1045 Governor's Bill No. 980 |
---|
| 1236 | + | |
---|
| 1237 | + | |
---|
| 1238 | + | |
---|
| 1239 | + | LCO No. 4023 35 of 56 |
---|
| 1240 | + | |
---|
| 1241 | + | become due, and accordingly as part of the contract of the state with the 1046 |
---|
| 1242 | + | holders of said bonds, appropriation of all amounts necessary for 1047 |
---|
| 1243 | + | punctual payment of such principal and interest is hereby made, and 1048 |
---|
| 1244 | + | the Treasurer shall pay such principal and interest as the same become 1049 |
---|
| 1245 | + | due. 1050 |
---|
| 1246 | + | (b) (1) The proceeds of the sale of said bonds, to the extent hereinafter 1051 |
---|
| 1247 | + | stated, shall be used, subject to the provisions of subsections (c) and (d) 1052 |
---|
| 1248 | + | of this section, for the purpose of redirecting, improving and expanding 1053 |
---|
| 1249 | + | state activities which promote community conservation and 1054 |
---|
| 1250 | + | development and improve the quality of life for urban residents of the 1055 |
---|
| 1251 | + | state as hereinafter stated: (A) For the Department of Economic and 1056 |
---|
| 1252 | + | Community Development: Economic and community development 1057 |
---|
| 1253 | + | projects, including administrative costs incurred by the Department of 1058 |
---|
| 1254 | + | Economic and Community Development, not exceeding sixty-seven 1059 |
---|
| 1255 | + | million five hundred ninety-one thousand six hundred forty-two 1060 |
---|
| 1256 | + | dollars, one million dollars of which shall be used for a grant to the 1061 |
---|
| 1257 | + | development center program and the nonprofit business consortium 1062 |
---|
| 1258 | + | deployment center approved pursuant to section 32-411; (B) for the 1063 |
---|
| 1259 | + | Department of Transportation: Urban mass transit, not exceeding two 1064 |
---|
| 1260 | + | million dollars; (C) for the Department of Energy and Environmental 1065 |
---|
| 1261 | + | Protection: Recreation development and solid waste disposal projects, 1066 |
---|
| 1262 | + | not exceeding one million nine hundred ninety-five thousand nine 1067 |
---|
| 1263 | + | hundred two dollars; (D) for the Department of Social Services: Child 1068 |
---|
| 1264 | + | day care projects, elderly centers, shelter facilities for victims of 1069 |
---|
| 1265 | + | domestic violence, emergency shelters and related facilities for the 1070 |
---|
| 1266 | + | homeless, multipurpose human resource centers and food distribution 1071 |
---|
| 1267 | + | facilities, not exceeding thirty-nine million one hundred thousand 1072 |
---|
| 1268 | + | dollars, provided four million dollars of said authorization shall be 1073 |
---|
| 1269 | + | effective July 1, 1994; (E) for the Department of Economic and 1074 |
---|
| 1270 | + | Community Development: Housing projects, not exceeding three 1075 |
---|
| 1271 | + | million dollars; (F) for the Department of Housing: Homeownership 1076 |
---|
| 1272 | + | initiative in collaboration with one or more local community 1077 |
---|
| 1273 | + | development financial institutions in qualified census tracts for the 1078 |
---|
| 1274 | + | purpose of construction or redevelopment, performed by developers or 1079 Governor's Bill No. 980 |
---|
| 1275 | + | |
---|
| 1276 | + | |
---|
| 1277 | + | |
---|
| 1278 | + | LCO No. 4023 36 of 56 |
---|
| 1279 | + | |
---|
| 1280 | + | nonprofit organizations residing in that municipality, which leads to 1080 |
---|
| 1281 | + | new homeownership opportunities for residents of such qualified 1081 |
---|
| 1282 | + | census tracts, not exceeding twenty million dollars; (G) for the Office of 1082 |
---|
| 1283 | + | Policy and Management: (i) Grants-in-aid to municipalities for a pilot 1083 |
---|
| 1284 | + | demonstration program to leverage private contributions for 1084 |
---|
| 1285 | + | redevelopment of designated historic preservation areas, not exceeding 1085 |
---|
| 1286 | + | one million dollars; (ii) grants-in-aid for urban development projects 1086 |
---|
| 1287 | + | including economic and community development, transportation, 1087 |
---|
| 1288 | + | environmental protection, public safety, children and families and social 1088 |
---|
| 1289 | + | services projects and programs, including, in the case of economic and 1089 |
---|
| 1290 | + | community development projects administered on behalf of the Office 1090 |
---|
| 1291 | + | of Policy and Management by the Department of Economic and 1091 |
---|
| 1292 | + | Community Development, administrative costs incurred by the 1092 |
---|
| 1293 | + | Department of Economic and Community Development, not exceeding 1093 |
---|
| 1294 | + | [two billion two hundred twenty-nine] two billion three hundred forty-1094 |
---|
| 1295 | + | nine million eight hundred thousand dollars. For purposes of this 1095 |
---|
| 1296 | + | subdivision, "local community development financial institution" 1096 |
---|
| 1297 | + | means an entity that meets the requirements of 12 CFR 1805.201, and 1097 |
---|
| 1298 | + | "qualified census tract" means a census tract designated as a qualified 1098 |
---|
| 1299 | + | census tract by the Secretary of Housing and Urban Development in 1099 |
---|
| 1300 | + | accordance with 26 USC 42(d)(5)(B)(ii), as amended from time to time. 1100 |
---|
| 1301 | + | (2) (A) Five million dollars of the grants-in-aid authorized in 1101 |
---|
| 1302 | + | subparagraph (G)(ii) of subdivision (1) of this subsection may be made 1102 |
---|
| 1303 | + | available to private nonprofit organizations for the purposes described 1103 |
---|
| 1304 | + | in said subparagraph (G)(ii). (B) Twelve million dollars of the grants-in-1104 |
---|
| 1305 | + | aid authorized in subparagraph (G)(ii) of subdivision (1) of this 1105 |
---|
| 1306 | + | subsection may be made available for necessary renovations and 1106 |
---|
| 1307 | + | improvements of libraries. (C) Five million dollars of the grants-in-aid 1107 |
---|
| 1308 | + | authorized in subparagraph (G)(ii) of subdivision (1) of this subsection 1108 |
---|
| 1309 | + | shall be made available for small business gap financing. (D) Ten million 1109 |
---|
| 1310 | + | dollars of the grants-in-aid authorized in subparagraph (G)(ii) of 1110 |
---|
| 1311 | + | subdivision (1) of this subsection may be made available for regional 1111 |
---|
| 1312 | + | economic development revolving loan funds. (E) One million four 1112 |
---|
| 1313 | + | hundred thousand dollars of the grants-in-aid authorized in 1113 Governor's Bill No. 980 |
---|
| 1314 | + | |
---|
| 1315 | + | |
---|
| 1316 | + | |
---|
| 1317 | + | LCO No. 4023 37 of 56 |
---|
| 1318 | + | |
---|
| 1319 | + | subparagraph (G)(ii) of subdivision (1) of this subsection shall be made 1114 |
---|
| 1320 | + | available for rehabilitation and renovation of the Black Rock Library in 1115 |
---|
| 1321 | + | Bridgeport. (F) Two million five hundred thousand dollars of the grants-1116 |
---|
| 1322 | + | in-aid authorized in subparagraph (G)(ii) of subdivision (1) of this 1117 |
---|
| 1323 | + | subsection shall be made available for site acquisition, renovation and 1118 |
---|
| 1324 | + | rehabilitation for the Institute for the Hispanic Family in Hartford. (G) 1119 |
---|
| 1325 | + | Three million dollars of the grants-in-aid authorized in subparagraph 1120 |
---|
| 1326 | + | (G)(ii) of subdivision (1) of this subsection shall be made available for 1121 |
---|
| 1327 | + | the acquisition of land and the development of commercial or retail 1122 |
---|
| 1328 | + | property in New Haven. (H) Seven hundred fifty thousand dollars of 1123 |
---|
| 1329 | + | the grants-in-aid authorized in subparagraph (G)(ii) of subdivision (1) 1124 |
---|
| 1330 | + | of this subsection shall be made available for repairs and replacement of 1125 |
---|
| 1331 | + | the fishing pier at Cummings Park in Stamford. (I) Ten million dollars 1126 |
---|
| 1332 | + | of the grants-in-aid authorized in subparagraph (G)(ii) of subdivision 1127 |
---|
| 1333 | + | (1) of this subsection shall be made available for development of an 1128 |
---|
| 1334 | + | intermodal transportation facility in northeastern Connecticut. 1129 |
---|
| 1335 | + | Sec. 52. Subsection (a) of section 4-66g of the general statutes is 1130 |
---|
| 1336 | + | repealed and the following is substituted in lieu thereof (Effective July 1, 1131 |
---|
| 1337 | + | 2024): 1132 |
---|
| 1338 | + | (a) For the purposes described in subsection (b) of this section, the 1133 |
---|
| 1339 | + | State Bond Commission shall have the power, from time to time to 1134 |
---|
| 1340 | + | authorize the issuance of bonds of the state in one or more series and in 1135 |
---|
| 1341 | + | principal amounts not exceeding in the aggregate [three hundred 1136 |
---|
| 1342 | + | sixteen] three hundred forty-six million dollars. 1137 |
---|
| 1343 | + | Sec. 53. Subsection (a) of section 4a-10 of the general statutes is 1138 |
---|
| 1344 | + | repealed and the following is substituted in lieu thereof (Effective July 1, 1139 |
---|
| 1345 | + | 2023): 1140 |
---|
| 1346 | + | (a) For the purposes described in subsection (b) of this section, the 1141 |
---|
| 1347 | + | State Bond Commission shall have the power, from time to time to 1142 |
---|
| 1348 | + | authorize the issuance of bonds of the state in one or more series and in 1143 |
---|
| 1349 | + | principal amounts not exceeding in the aggregate [five hundred sixty-1144 |
---|
| 1350 | + | one million one hundred thousand dollars] six hundred eleven million 1145 Governor's Bill No. 980 |
---|
| 1351 | + | |
---|
| 1352 | + | |
---|
| 1353 | + | |
---|
| 1354 | + | LCO No. 4023 38 of 56 |
---|
| 1355 | + | |
---|
| 1356 | + | one hundred thousand dollars, provided twenty-five million dollars of 1146 |
---|
| 1357 | + | said authorization shall be effective July 1, 2024. 1147 |
---|
| 1358 | + | Sec. 54. Subsection (a) of section 7-538 of the general statutes is 1148 |
---|
| 1359 | + | repealed and the following is substituted in lieu thereof (Effective July 1, 1149 |
---|
| 1360 | + | 2023): 1150 |
---|
| 1361 | + | (a) For the purposes described in subsection (b) of this section, the 1151 |
---|
| 1362 | + | State Bond Commission shall have the power, from time to time, to 1152 |
---|
| 1363 | + | authorize the issuance of bonds of the state in one or more series and in 1153 |
---|
| 1364 | + | principal amounts not exceeding in the aggregate [one billion seventy] 1154 |
---|
| 1365 | + | one billion one hundred thirty million dollars, provided thirty million 1155 |
---|
| 1366 | + | dollars of said authorization shall be effective July 1, [2022] 2024. 1156 |
---|
| 1367 | + | Sec. 55. (Effective July 1, 2023) (a) For the purposes described in 1157 |
---|
| 1368 | + | subsection (b) of this section, the State Bond Commission shall have the 1158 |
---|
| 1369 | + | power from time to time to authorize the issuance of bonds of the state 1159 |
---|
| 1370 | + | in one or more series and in principal amounts not exceeding in the 1160 |
---|
| 1371 | + | aggregate one hundred eighty-two million dollars, provided ninety-one 1161 |
---|
| 1372 | + | million dollars of said authorization shall be effective July 1, 2024. 1162 |
---|
| 1373 | + | (b) The proceeds of the sale of said bonds, to the extent of the amount 1163 |
---|
| 1374 | + | stated in subsection (a) of this section, shall be used by the Office of 1164 |
---|
| 1375 | + | Policy and Management for grants-in-aid to municipalities for the 1165 |
---|
| 1376 | + | purposes set forth in subsection (a) of section 13a-175a of the general 1166 |
---|
| 1377 | + | statutes, for the fiscal years ending June 30, 2024, and June 30, 2025. Such 1167 |
---|
| 1378 | + | grant payments shall be made annually as follows: 1168 |
---|
1828 | | - | (a) For the purposes described in subsection (b) of this section, the 1299 Substitute Bill No. 980 |
---|
1829 | | - | |
---|
1830 | | - | |
---|
1831 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1832 | | - | 00980-R01-SB.docx } |
---|
1833 | | - | 49 of 77 |
---|
1834 | | - | |
---|
1835 | | - | State Bond Commission shall have the power from time to time to 1300 |
---|
1836 | | - | authorize the issuance of bonds of the state in one or more series and in 1301 |
---|
1837 | | - | principal amounts not exceeding in the aggregate [seventy-five million 1302 |
---|
1838 | | - | dollars] three hundred seventy-five million dollars, provided one 1303 |
---|
1839 | | - | hundred fifty million dollars of said authorization shall be effective July 1304 |
---|
1840 | | - | 1, 2024. 1305 |
---|
1841 | | - | Sec. 59. Section 10-287d of the general statutes is repealed and the 1306 |
---|
1842 | | - | following is substituted in lieu thereof (Effective July 1, 2024): 1307 |
---|
1843 | | - | For the purposes of funding (1) grants to projects that have received 1308 |
---|
1844 | | - | approval of the Department of Administrative Services pursuant to 1309 |
---|
1845 | | - | sections 10-287 and 10-287a, subsection (a) of section 10-65 and section 1310 |
---|
1846 | | - | 10-76e, (2) grants to assist school building projects to remedy safety and 1311 |
---|
1847 | | - | health violations and damage from fire and catastrophe, and (3) 1312 |
---|
1848 | | - | technical education and career school projects pursuant to section 10-1313 |
---|
1849 | | - | 283b, the State Treasurer is authorized and directed, subject to and in 1314 |
---|
1850 | | - | accordance with the provisions of section 3-20, to issue bonds of the state 1315 |
---|
1851 | | - | from time to time in one or more series in an aggregate amount not 1316 |
---|
1852 | | - | exceeding [thirteen billion six hundred twelve] thirteen billion eight 1317 |
---|
1853 | | - | hundred sixty-two million one hundred sixty thousand dollars. Bonds 1318 |
---|
1854 | | - | of each series shall bear such date or dates and mature at such time or 1319 |
---|
1855 | | - | times not exceeding thirty years from their respective dates and be 1320 |
---|
1856 | | - | subject to such redemption privileges, with or without premium, as may 1321 |
---|
1857 | | - | be fixed by the State Bond Commission. They shall be sold at not less 1322 |
---|
1858 | | - | than par and accrued interest and the full faith and credit of the state is 1323 |
---|
1859 | | - | pledged for the payment of the interest thereon and the principal thereof 1324 |
---|
1860 | | - | as the same shall become due, and accordingly and as part of the 1325 |
---|
1861 | | - | contract of the state with the holders of said bonds, appropriation of all 1326 |
---|
1862 | | - | amounts necessary for punctual payment of such principal and interest 1327 |
---|
1863 | | - | is hereby made, and the State Treasurer shall pay such principal and 1328 |
---|
1864 | | - | interest as the same become due. The State Treasurer is authorized to 1329 |
---|
1865 | | - | invest temporarily in direct obligations of the United States, United 1330 |
---|
1866 | | - | States agency obligations, certificates of deposit, commercial paper or 1331 |
---|
1867 | | - | bank acceptances such portion of the proceeds of such bonds or of any 1332 Substitute Bill No. 980 |
---|
1868 | | - | |
---|
1869 | | - | |
---|
1870 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1871 | | - | 00980-R01-SB.docx } |
---|
1872 | | - | 50 of 77 |
---|
1873 | | - | |
---|
1874 | | - | notes issued in anticipation thereof as may be deemed available for such 1333 |
---|
1875 | | - | purpose. 1334 |
---|
1876 | | - | Sec. 60. Section 11-24c of the general statutes is repealed and the 1335 |
---|
1877 | | - | following is substituted in lieu thereof (Effective July 1, 2023): 1336 |
---|
1878 | | - | (a) The State Library Board shall make construction grants to public 1337 |
---|
1879 | | - | libraries established pursuant to this chapter. The board shall [: (1) 1338 |
---|
1880 | | - | Establish] establish criteria for the purpose of developing a priority 1339 |
---|
1881 | | - | listing of all construction projects. [, and (2) prior to September 1, 2007, 1340 |
---|
1882 | | - | grant an amount equal to one-third of the total construction cost, not to 1341 |
---|
1883 | | - | exceed five hundred thousand dollars for each approved project within 1342 |
---|
1884 | | - | the limits of the available funding for such projects.] In the event that 1343 |
---|
1885 | | - | the available funding is insufficient to fund projects as provided above, 1344 |
---|
1886 | | - | projects remaining on the priority list shall be included in the priority 1345 |
---|
1887 | | - | listing for the next fiscal year. Each application for such grant shall be 1346 |
---|
1888 | | - | filed on or before September first, annually, on forms to be prescribed 1347 |
---|
1889 | | - | by said board. 1348 |
---|
1890 | | - | (b) [For applications submitted on or after September 1, 2007, and 1349 |
---|
1891 | | - | prior to July 1, 2013, the board shall grant an amount equal to one-third 1350 |
---|
1892 | | - | the total construction cost, not to exceed one million dollars, for each 1351 |
---|
1893 | | - | approved project within the limits of the available funding for such 1352 |
---|
1894 | | - | projects.] For applications submitted on or after July 1, 2013, and before 1353 |
---|
1895 | | - | July 1, 2023, the board shall grant an amount up to one-half of the total 1354 |
---|
1896 | | - | construction cost, not to exceed one million dollars, for each approved 1355 |
---|
1897 | | - | project within the limits of the available funding for such projects. For 1356 |
---|
1898 | | - | applications submitted on or after July 1, 2023, the board shall grant for 1357 |
---|
1899 | | - | each approved project, within the limits of the available funding for 1358 |
---|
1900 | | - | such projects, (1) an amount up to one-half of the total construction cost 1359 |
---|
1901 | | - | of such project, not to exceed two million dollars, or (2) an amount up 1360 |
---|
1902 | | - | to eighty per cent of the total construction cost of such project, not to 1361 |
---|
1903 | | - | exceed two million dollars, if such project is located in a distressed 1362 |
---|
1904 | | - | municipality, as defined in section 32-9p. 1363 |
---|
1905 | | - | (c) The State Library Board shall make emergency repair grants to 1364 Substitute Bill No. 980 |
---|
1906 | | - | |
---|
1907 | | - | |
---|
1908 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1909 | | - | 00980-R01-SB.docx } |
---|
1910 | | - | 51 of 77 |
---|
1911 | | - | |
---|
1912 | | - | public libraries established pursuant to this chapter for emergency 1365 |
---|
1913 | | - | repairs to buildings and equipment, as approved by the board. The 1366 |
---|
1914 | | - | board may grant an amount up to one-half of the emergency repair cost, 1367 |
---|
1915 | | - | not exceeding one hundred thousand dollars for each approved 1368 |
---|
1916 | | - | emergency repair project within the limits of the available funding for 1369 |
---|
1917 | | - | such project. 1370 |
---|
1918 | | - | Sec. 61. Subsections (a) and (b) of section 13b-236 of the general 1371 |
---|
1919 | | - | statutes are repealed and the following is substituted in lieu thereof 1372 |
---|
1920 | | - | (Effective July 1, 2023): 1373 |
---|
1921 | | - | (a) For the purposes described in subsection (b) of this section, the 1374 |
---|
1922 | | - | State Bond Commission shall have the power, from time to time to 1375 |
---|
1923 | | - | authorize the issuance of bonds of the state in one or more series and in 1376 |
---|
1924 | | - | principal amounts not exceeding in the aggregate [seventeen] twenty-1377 |
---|
1925 | | - | seven million five hundred thousand dollars. 1378 |
---|
1926 | | - | (b) The proceeds of the sale of said bonds, to the extent of the amount 1379 |
---|
1927 | | - | stated in subsection (a) of this section, shall be used by the Department 1380 |
---|
1928 | | - | of Transportation for a program of competitive grants for commercial 1381 |
---|
1929 | | - | rail freight lines operating in the state for improvements and repairs to, 1382 |
---|
1930 | | - | and the modernization of, existing rail, rail beds and related facilities. 1383 |
---|
1931 | | - | Such program shall include the following: (1) (A) Grants of one hundred 1384 |
---|
1932 | | - | per cent of the amount necessary to improve, repair or modernize state-1385 |
---|
1933 | | - | owned rights of way, and (B) grants of seventy per cent of the amount 1386 |
---|
1934 | | - | necessary to improve, repair or modernize privately owned rail lines, 1387 |
---|
1935 | | - | provided the commissioner may waive the requirement for a thirty per 1388 |
---|
1936 | | - | cent matching grant if such improvement, repair or modernization 1389 |
---|
1937 | | - | demonstrably increases rail freight traffic; and (2) preference for grants 1390 |
---|
1938 | | - | shall be given to (A) [proposals that are on the Department of 1391 |
---|
1939 | | - | Transportation's list of freight rail projects eligible to receive funds 1392 |
---|
1940 | | - | pursuant to P.L. 111-5, the American Recovery and Reinvestment Act, 1393 |
---|
1941 | | - | (B)] freight rail projects that improve at-grade rail crossings to eliminate 1394 |
---|
1942 | | - | hazards or increase safety, [(C)] (B) freight rail projects that provide 1395 |
---|
1943 | | - | connection to major freight generators, [(D)] (C) projects that further the 1396 |
---|
1944 | | - | goals and objectives of the Department of Transportation's Connecticut 1397 Substitute Bill No. 980 |
---|
1945 | | - | |
---|
1946 | | - | |
---|
1947 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1948 | | - | 00980-R01-SB.docx } |
---|
1949 | | - | 52 of 77 |
---|
1950 | | - | |
---|
1951 | | - | State Rail Plan, and [(E)] (D) freight rail projects that improve freight rail 1398 |
---|
1952 | | - | infrastructure by increasing the capacity for rail freight traffic. 1399 |
---|
1953 | | - | Sec. 62. Subsection (a) of section 22a-483 of the general statutes is 1400 |
---|
1954 | | - | repealed and the following is substituted in lieu thereof (Effective July 1, 1401 |
---|
1955 | | - | 2023): 1402 |
---|
1956 | | - | (a) For the purposes of sections 22a-475 to 22a-483, inclusive, the State 1403 |
---|
1957 | | - | Bond Commission shall have the power, from time to time to authorize 1404 |
---|
1958 | | - | the issuance of bonds of the state in one or more series and in principal 1405 |
---|
1959 | | - | amounts, not exceeding in the aggregate [two billion sixty-five] two 1406 |
---|
1960 | | - | billion one hundred forty-five million one hundred twenty-five 1407 |
---|
1961 | | - | thousand nine hundred seventy-six dollars, provided [one hundred] 1408 |
---|
1962 | | - | forty million dollars of said authorization shall be effective July 1, [2022] 1409 |
---|
1963 | | - | 2024. 1410 |
---|
1964 | | - | Sec. 63. Subsection (d) of section 22a-483 of the general statutes is 1411 |
---|
1965 | | - | repealed and the following is substituted in lieu thereof (Effective July 1, 1412 |
---|
1966 | | - | 2024): 1413 |
---|
1967 | | - | (d) Notwithstanding the foregoing, nothing herein shall preclude the 1414 |
---|
1968 | | - | State Bond Commission from authorizing the issuance of revenue 1415 |
---|
1969 | | - | bonds, in principal amounts not exceeding in the aggregate [four billion 1416 |
---|
1970 | | - | four hundred eighty-six] four billion five hundred eleven million eighty 1417 |
---|
1971 | | - | thousand dollars, [provided two hundred thirty-seven million dollars 1418 |
---|
1972 | | - | of said authorization shall be effective July 1, 2022,] that are not general 1419 |
---|
1973 | | - | obligations of the state of Connecticut to which the full faith and credit 1420 |
---|
1974 | | - | of the state of Connecticut are pledged for the payment of the principal 1421 |
---|
1975 | | - | and interest. Such revenue bonds shall mature at such time or times not 1422 |
---|
1976 | | - | exceeding thirty years from their respective dates as may be provided 1423 |
---|
1977 | | - | in or pursuant to the resolution or resolutions of the State Bond 1424 |
---|
1978 | | - | Commission authorizing such revenue bonds. The revenue bonds, 1425 |
---|
1979 | | - | revenue state bond anticipation notes and revenue state grant 1426 |
---|
1980 | | - | anticipation notes authorized to be issued under sections 22a-475 to 1427 |
---|
1981 | | - | 22a-483, inclusive, shall be special obligations of the state and shall not 1428 |
---|
1982 | | - | be payable from nor charged upon any funds other than the revenues 1429 Substitute Bill No. 980 |
---|
1983 | | - | |
---|
1984 | | - | |
---|
1985 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
1986 | | - | 00980-R01-SB.docx } |
---|
1987 | | - | 53 of 77 |
---|
1988 | | - | |
---|
1989 | | - | or other receipts, funds or moneys pledged therefor as provided in said 1430 |
---|
1990 | | - | sections 22a-475 to 22a-483, inclusive, including the repayment of 1431 |
---|
1991 | | - | municipal loan obligations; nor shall the state or any political 1432 |
---|
1992 | | - | subdivision thereof be subject to any liability thereon except to the 1433 |
---|
1993 | | - | extent of such pledged revenues or the receipts, funds or moneys 1434 |
---|
1994 | | - | pledged therefor as provided in said sections 22a-475 to 22a-483, 1435 |
---|
1995 | | - | inclusive. The issuance of revenue bonds, revenue state bond 1436 |
---|
1996 | | - | anticipation notes and revenue state grant anticipation notes under the 1437 |
---|
1997 | | - | provisions of said sections 22a-475 to 22a-483, inclusive, shall not 1438 |
---|
1998 | | - | directly or indirectly or contingently obligate the state or any political 1439 |
---|
1999 | | - | subdivision thereof to levy or to pledge any form of taxation whatever 1440 |
---|
2000 | | - | therefor or to make any appropriation for their payment. The revenue 1441 |
---|
2001 | | - | bonds, revenue state bond anticipation notes and revenue state grant 1442 |
---|
2002 | | - | anticipation notes shall not constitute a charge, lien or encumbrance, 1443 |
---|
2003 | | - | legal or equitable, upon any property of the state or of any political 1444 |
---|
2004 | | - | subdivision thereof, except the property mortgaged or otherwise 1445 |
---|
2005 | | - | encumbered under the provisions and for the purposes of said sections 1446 |
---|
2006 | | - | 22a-475 to 22a-483, inclusive. The substance of such limitation shall be 1447 |
---|
2007 | | - | plainly stated on the face of each revenue bond, revenue state bond 1448 |
---|
2008 | | - | anticipation note and revenue state grant anticipation note issued 1449 |
---|
2009 | | - | pursuant to said sections 22a-475 to 22a-483, inclusive, shall not be 1450 |
---|
2010 | | - | subject to any statutory limitation on the indebtedness of the state and 1451 |
---|
2011 | | - | such revenue bonds, revenue state bond anticipation notes and revenue 1452 |
---|
2012 | | - | state grant anticipation notes, when issued, shall not be included in 1453 |
---|
2013 | | - | computing the aggregate indebtedness of the state in respect to and to 1454 |
---|
2014 | | - | the extent of any such limitation. As part of the contract of the state with 1455 |
---|
2015 | | - | the owners of such revenue bonds, revenue state bond anticipation 1456 |
---|
2016 | | - | notes and revenue state grant anticipation notes, all amounts necessary 1457 |
---|
2017 | | - | for the punctual payment of the debt service requirements with respect 1458 |
---|
2018 | | - | to such revenue bonds, revenue state bond anticipation notes and 1459 |
---|
2019 | | - | revenue state grant anticipation notes shall be deemed appropriated, 1460 |
---|
2020 | | - | but only from the sources pledged pursuant to said sections 22a-475 to 1461 |
---|
2021 | | - | 22a-483, inclusive. The proceeds of such revenue bonds or notes may be 1462 |
---|
2022 | | - | deposited in the Clean Water Fund for use in accordance with the 1463 |
---|
2023 | | - | permitted uses of such fund. Any expense incurred in connection with 1464 Substitute Bill No. 980 |
---|
2024 | | - | |
---|
2025 | | - | |
---|
2026 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2027 | | - | 00980-R01-SB.docx } |
---|
2028 | | - | 54 of 77 |
---|
2029 | | - | |
---|
2030 | | - | the carrying out of the provisions of this section, including the costs of 1465 |
---|
2031 | | - | issuance of revenue bonds, revenue state bond anticipation notes and 1466 |
---|
2032 | | - | revenue state grant anticipation notes may be paid from the accrued 1467 |
---|
2033 | | - | interest and premiums or from any other proceeds of the sale of such 1468 |
---|
2034 | | - | revenue bonds, revenue state bond anticipation notes or revenue state 1469 |
---|
2035 | | - | grant anticipation notes and in the same manner as other obligations of 1470 |
---|
2036 | | - | the state. All provisions of subsections (g), (k), (l), (s) and (u) of section 1471 |
---|
2037 | | - | 3-20 or the exercise of any right or power granted thereby which are not 1472 |
---|
2038 | | - | inconsistent with the provisions of said sections 22a-475 to 22a-483, 1473 |
---|
2039 | | - | inclusive, are hereby adopted and shall apply to all revenue bonds, state 1474 |
---|
2040 | | - | revenue bond anticipation notes and state revenue grant anticipation 1475 |
---|
2041 | | - | notes authorized by the State Bond Commission pursuant to said 1476 |
---|
2042 | | - | sections 22a-475 to 22a-483, inclusive. For the purposes of subsection (o) 1477 |
---|
2043 | | - | of section 3-20, "bond act" shall be construed to include said sections 1478 |
---|
2044 | | - | 22a-475 to 22a-483, inclusive. 1479 |
---|
2045 | | - | Sec. 64. Subsection (a) of section 23-103 of the general statutes is 1480 |
---|
2046 | | - | repealed and the following is substituted in lieu thereof (Effective July 1, 1481 |
---|
2047 | | - | 2023): 1482 |
---|
2048 | | - | (a) For the purposes described in subsection (b) of this section, the 1483 |
---|
2049 | | - | State Bond Commission shall have the power, from time to time to 1484 |
---|
2050 | | - | authorize the issuance of bonds of the state in one or more series and in 1485 |
---|
2051 | | - | principal amounts not exceeding in the aggregate [twenty-two million 1486 |
---|
2052 | | - | dollars] forty-two million dollars, provided ten million dollars of said 1487 |
---|
2053 | | - | authorization shall be effective July 1, 2024. 1488 |
---|
2054 | | - | Sec. 65. Subsection (b) of section 32-235 of the general statutes is 1489 |
---|
2055 | | - | repealed and the following is substituted in lieu thereof (Effective July 1, 1490 |
---|
2056 | | - | 2023): 1491 |
---|
2057 | | - | (b) The proceeds of the sale of said bonds, to the extent of the amount 1492 |
---|
2058 | | - | stated in subsection (a) of this section, shall be used by the Department 1493 |
---|
2059 | | - | of Economic and Community Development (1) for the purposes of 1494 |
---|
2060 | | - | sections 32-220 to 32-234, inclusive, including economic cluster-related 1495 |
---|
2061 | | - | programs and activities, and for the Connecticut job training finance 1496 Substitute Bill No. 980 |
---|
2062 | | - | |
---|
2063 | | - | |
---|
2064 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2065 | | - | 00980-R01-SB.docx } |
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2066 | | - | 55 of 77 |
---|
2067 | | - | |
---|
2068 | | - | demonstration program pursuant to sections 32-23uu and 32-23vv, 1497 |
---|
2069 | | - | provided (A) three million dollars shall be used by said department 1498 |
---|
2070 | | - | solely for the purposes of section 32-23uu, (B) not less than one million 1499 |
---|
2071 | | - | dollars shall be used for an educational technology grant to the 1500 |
---|
2072 | | - | deployment center program and the nonprofit business consortium 1501 |
---|
2073 | | - | deployment center approved pursuant to section 32-41l, (C) not less 1502 |
---|
2074 | | - | than two million dollars shall be used by said department for the 1503 |
---|
2075 | | - | establishment of a pilot program to make grants to businesses in 1504 |
---|
2076 | | - | designated areas of the state for construction, renovation or 1505 |
---|
2077 | | - | improvement of small manufacturing facilities, provided such grants 1506 |
---|
2078 | | - | are matched by the business, a municipality or another financing entity. 1507 |
---|
2079 | | - | The Commissioner of Economic and Community Development shall 1508 |
---|
2080 | | - | designate areas of the state where manufacturing is a substantial part of 1509 |
---|
2081 | | - | the local economy and shall make grants under such pilot program 1510 |
---|
2082 | | - | which are likely to produce a significant economic development benefit 1511 |
---|
2083 | | - | for the designated area, (D) five million dollars may be used by said 1512 |
---|
2084 | | - | department for the manufacturing competitiveness grants program, (E) 1513 |
---|
2085 | | - | one million dollars shall be used by said department for the purpose of 1514 |
---|
2086 | | - | a grant to the Connecticut Center for Advanced Technology, for the 1515 |
---|
2087 | | - | purposes of subdivision (5) of subsection (a) of section 32-7f, (F) fifty 1516 |
---|
2088 | | - | million dollars shall be used by said department for the purpose of 1517 |
---|
2089 | | - | grants to the United States Department of the Navy, the United States 1518 |
---|
2090 | | - | Department of Defense or eligible applicants for projects related to the 1519 |
---|
2091 | | - | enhancement of infrastructure for long-term, on-going naval operations 1520 |
---|
2092 | | - | at the United States Naval Submarine Base-New London, located in 1521 |
---|
2093 | | - | Groton, which will increase the military value of said base. Such projects 1522 |
---|
2094 | | - | shall not be subject to the provisions of sections 4a-60 and 4a-60a, (G) 1523 |
---|
2095 | | - | two million dollars shall be used by said department for the purpose of 1524 |
---|
2096 | | - | a grant to the Connecticut Center for Advanced Technology, Inc., for 1525 |
---|
2097 | | - | manufacturing initiatives, including aerospace and defense, and (H) 1526 |
---|
2098 | | - | four million dollars shall be used by said department for the purpose of 1527 |
---|
2099 | | - | a grant to companies adversely impacted by the construction at the 1528 |
---|
2100 | | - | Quinnipiac Bridge, where such grant may be used to offset the increase 1529 |
---|
2101 | | - | in costs of commercial overland transportation of goods or materials 1530 |
---|
2102 | | - | brought to the port of New Haven by ship or vessel, (2) for the purposes 1531 Substitute Bill No. 980 |
---|
2103 | | - | |
---|
2104 | | - | |
---|
2105 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2106 | | - | 00980-R01-SB.docx } |
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2107 | | - | 56 of 77 |
---|
2108 | | - | |
---|
2109 | | - | of the small business assistance program established pursuant to section 1532 |
---|
2110 | | - | 32-9yy, provided fifteen million dollars shall be deposited in the small 1533 |
---|
2111 | | - | business assistance account established pursuant to said section 32-9yy, 1534 |
---|
2112 | | - | (3) to deposit twenty million dollars in the small business express 1535 |
---|
2113 | | - | assistance account established pursuant to section 32-7h, (4) to deposit 1536 |
---|
2114 | | - | four million nine hundred thousand dollars per year in each of the fiscal 1537 |
---|
2115 | | - | years ending June 30, 2017, to June 30, 2019, inclusive, and June 30, 2021, 1538 |
---|
2116 | | - | and nine million nine hundred thousand dollars in the fiscal year ending 1539 |
---|
2117 | | - | June 30, 2020, in the CTNext Fund established pursuant to section 32-1540 |
---|
2118 | | - | 39i, which shall be used by CTNext to provide grants-in-aid to 1541 |
---|
2119 | | - | designated innovation places, as defined in section 32-39j, planning 1542 |
---|
2120 | | - | grants-in-aid pursuant to section 32-39l, and grants-in-aid for projects 1543 |
---|
2121 | | - | that network innovation places pursuant to subsection (b) of section 32-1544 |
---|
2122 | | - | 39m, provided not more than three million dollars be used for grants-1545 |
---|
2123 | | - | in-aid for such projects, and further provided any portion of any such 1546 |
---|
2124 | | - | deposit that remains unexpended in a fiscal year subsequent to the date 1547 |
---|
2125 | | - | of such deposit may be used by CTNext for any purpose described in 1548 |
---|
2126 | | - | subsection (e) of section 32-39i, (5) to deposit two million dollars per 1549 |
---|
2127 | | - | year in each of the fiscal years ending June 30, 2019, to June 30, 2021, 1550 |
---|
2128 | | - | inclusive, in the CTNext Fund established pursuant to section 32-39i, 1551 |
---|
2129 | | - | which shall be used by CTNext for the purpose of providing higher 1552 |
---|
2130 | | - | education entrepreneurship grants-in-aid pursuant to section 32-39g, 1553 |
---|
2131 | | - | provided any portion of any such deposit that remains unexpended in 1554 |
---|
2132 | | - | a fiscal year subsequent to the date of such deposit may be used by 1555 |
---|
2133 | | - | CTNext for any purpose described in subsection (e) of section 32-39i, (6) 1556 |
---|
2134 | | - | for the purpose of funding the costs of the Technology Talent Advisory 1557 |
---|
2135 | | - | Committee established pursuant to section 32-7p, provided [two million 1558 |
---|
2136 | | - | dollars per year in each of the fiscal years ending June 30, 2017, to June 1559 |
---|
2137 | | - | 30, 2021, inclusive, shall be used] not more than ten million dollars may 1560 |
---|
2138 | | - | be used on or after July 1, 2023, for such purpose, (7) to provide (A) a 1561 |
---|
2139 | | - | grant-in-aid to the Connecticut Supplier Connection in an amount equal 1562 |
---|
2140 | | - | to two hundred fifty thousand dollars in each of the fiscal years ending 1563 |
---|
2141 | | - | June 30, 2017, to June 30, 2021, inclusive, and (B) a grant-in-aid to the 1564 |
---|
2142 | | - | Connecticut Procurement Technical Assistance Program in an amount 1565 |
---|
2143 | | - | equal to three hundred thousand dollars in each of the fiscal years 1566 Substitute Bill No. 980 |
---|
2144 | | - | |
---|
2145 | | - | |
---|
2146 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2147 | | - | 00980-R01-SB.docx } |
---|
2148 | | - | 57 of 77 |
---|
2149 | | - | |
---|
2150 | | - | ending June 30, 2017, to June 30, 2021, inclusive, (8) to deposit four 1567 |
---|
2151 | | - | hundred fifty thousand dollars per year, in each of the fiscal years 1568 |
---|
2152 | | - | ending June 30, 2017, to June 30, 2021, inclusive, in the CTNext Fund 1569 |
---|
2153 | | - | established pursuant to section 32-39i, which shall be used by CTNext 1570 |
---|
2154 | | - | to provide growth grants-in-aid pursuant to section 32-39g, provided 1571 |
---|
2155 | | - | any portion of any such deposit that remains unexpended in a fiscal year 1572 |
---|
2156 | | - | subsequent to the date of such deposit may be used by CTNext for any 1573 |
---|
2157 | | - | purpose described in subsection (e) of section 32-39i, (9) to transfer fifty 1574 |
---|
2158 | | - | million dollars to the Labor Department which shall be used by said 1575 |
---|
2159 | | - | department for the purpose of funding workforce pipeline programs 1576 |
---|
2160 | | - | selected pursuant to section 31-11rr, provided, notwithstanding the 1577 |
---|
2161 | | - | provisions of section 31-11rr, (A) not less than five million dollars shall 1578 |
---|
2162 | | - | be provided to the workforce development board in Bridgeport serving 1579 |
---|
2163 | | - | the southwest region, for purposes of such program, and the board shall 1580 |
---|
2164 | | - | distribute such money in proportion to population and need, and (B) 1581 |
---|
2165 | | - | not less than five million dollars shall be provided to the workforce 1582 |
---|
2166 | | - | development board in Hartford serving the north central region, for 1583 |
---|
2167 | | - | purposes of such program, (10) to transfer twenty million dollars to 1584 |
---|
2168 | | - | Connecticut Innovations, Incorporated, provided ten million dollars 1585 |
---|
2169 | | - | shall be used by Connecticut Innovations, Incorporated for the purpose 1586 |
---|
2170 | | - | of the proof of concept fund established pursuant to subsection (b) of 1587 |
---|
2171 | | - | section 32-39x and ten million dollars shall be used by Connecticut 1588 |
---|
2172 | | - | Innovations, Incorporated for the purpose of the venture capital fund 1589 |
---|
2173 | | - | program established pursuant to section 32-41oo. Not later than thirty 1590 |
---|
2174 | | - | days prior to any use of unexpended funds under subdivision (4), (5) or 1591 |
---|
2175 | | - | (8) of this subsection, the CTNext board of directors shall provide notice 1592 |
---|
2176 | | - | of and the reason for such use to the joint standing committees of the 1593 |
---|
2177 | | - | General Assembly having cognizance of matters relating to commerce 1594 |
---|
2178 | | - | and finance, revenue and bonding. 1595 |
---|
2179 | | - | Sec. 66. Subsection (a) of section 47a-56k of the general statutes is 1596 |
---|
2180 | | - | repealed and the following is substituted in lieu thereof (Effective July 1, 1597 |
---|
2181 | | - | 2023): 1598 |
---|
2182 | | - | (a) The State Bond Commission shall have power, in accordance with 1599 Substitute Bill No. 980 |
---|
2183 | | - | |
---|
2184 | | - | |
---|
2185 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2186 | | - | 00980-R01-SB.docx } |
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2187 | | - | 58 of 77 |
---|
2188 | | - | |
---|
2189 | | - | the provisions of this section, from time to time to authorize the issuance 1600 |
---|
2190 | | - | of bonds of the state in one or more series and in principal amounts not 1601 |
---|
2191 | | - | exceeding in the aggregate fifty million three hundred thousand dollars, 1602 |
---|
2192 | | - | the proceeds of the sale of which shall be used by the Department of 1603 |
---|
2193 | | - | Housing to provide funds for the Housing Receivership Revolving 1604 |
---|
2194 | | - | Fund established in accordance with section 47a-56i, provided [not] 1605 |
---|
2195 | | - | twenty five million dollars of said authorization shall be effective July 1, 1606 |
---|
2196 | | - | 2024. Not more than two hundred thousand dollars may be expended 1607 |
---|
2197 | | - | from said fund in any single municipality. 1608 |
---|
2198 | | - | Sec. 67. Subsection (a) of section 85 of public act 13-3, as amended by 1609 |
---|
2199 | | - | section 74 of public act 14-98, section 67 of public act 15-1 of the June 1610 |
---|
2200 | | - | special session, section 26 of public act 18-178, section 74 of public act 1611 |
---|
2201 | | - | 20-1 and section 62 of public act 21-111, is amended to read as follows 1612 |
---|
2202 | | - | (Effective July 1, 2023): 1613 |
---|
2203 | | - | (a) For the purposes described in subsection (b) of this section, the 1614 |
---|
2204 | | - | State Bond Commission shall have the power from time to time to 1615 |
---|
2205 | | - | authorize the issuance of bonds of the state in one or more series and in 1616 |
---|
2206 | | - | principal amounts not exceeding in the aggregate [eighty-seven] one 1617 |
---|
2207 | | - | hundred seven million dollars, provided ten million dollars of said 1618 |
---|
2208 | | - | authorization shall be effective July 1, [2022] 2024. 1619 |
---|
2209 | | - | Sec. 68. Section 388 of public act 17-2 of the June special session, as 1620 |
---|
2210 | | - | amended by section 77 of public act 21-111, is amended to read as 1621 |
---|
2211 | | - | follows (Effective July 1, 2023): 1622 |
---|
2212 | | - | The State Bond Commission shall have power, in accordance with the 1623 |
---|
2213 | | - | provisions of this section and sections 389 to 395, inclusive, of public act 1624 |
---|
2214 | | - | 17-2 of the June special session, from time to time to authorize the 1625 |
---|
2215 | | - | issuance of bonds of the state in one or more series and in principal 1626 |
---|
2216 | | - | amounts in the aggregate, not exceeding [$240,950,000] $235,950,000. 1627 |
---|
2217 | | - | Sec. 69. Subdivision (2) of subsection (b) of section 389 of public act 1628 |
---|
2218 | | - | 17-2 of the June special session is repealed. (Effective July 1, 2023) 1629 |
---|
2219 | | - | Sec. 70. Section 407 of public act 17-2 of the June special session, as 1630 Substitute Bill No. 980 |
---|
2220 | | - | |
---|
2221 | | - | |
---|
2222 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2223 | | - | 00980-R01-SB.docx } |
---|
2224 | | - | 59 of 77 |
---|
2225 | | - | |
---|
2226 | | - | amended by section 35 of public act 18-178 and section 81 of public act 1631 |
---|
2227 | | - | 21-111, is amended to read as follows (Effective July 1, 2023): 1632 |
---|
2228 | | - | The State Bond Commission shall have power, in accordance with the 1633 |
---|
2229 | | - | provisions of this section and sections 408 to 414, inclusive, of public act 1634 |
---|
2230 | | - | 17-2 of the June special session, from time to time to authorize the 1635 |
---|
2231 | | - | issuance of bonds of the state in one or more series and in principal 1636 |
---|
2232 | | - | amounts in the aggregate, not exceeding [$196,000,000] $184,000,000. 1637 |
---|
2233 | | - | Sec. 71. Subsection (b) of section 408 of public act 17-2 of the June 1638 |
---|
2234 | | - | special session is amended to read as follows (Effective July 1, 2023): 1639 |
---|
2235 | | - | (b) For the Department of Administrative Services: Grants-in-aid to 1640 |
---|
2236 | | - | alliance districts to assist in paying for general improvements to school 1641 |
---|
2237 | | - | buildings, not exceeding [$30,000,000] $18,000,000. 1642 |
---|
2238 | | - | Sec. 72. Section 20 of public act 20-1, as amended by section 343 of 1643 |
---|
2239 | | - | public act 22-118, is amended to read as follows (Effective July 1, 2023): 1644 |
---|
2240 | | - | The State Bond Commission shall have power, in accordance with the 1645 |
---|
2241 | | - | provisions of this section and sections 326 to 331, inclusive, of this act, 1646 |
---|
2242 | | - | from time to time to authorize the issuance of bonds of the state in one 1647 |
---|
2243 | | - | or more series and in principal amounts in the aggregate not exceeding 1648 |
---|
2244 | | - | [$386,500,000] $336,500,000. 1649 |
---|
2245 | | - | Sec. 73. Subsection (g) of section 21 of public act 20-1, as amended by 1650 |
---|
2246 | | - | section 344 of public act 22-118, is amended to read as follows (Effective 1651 |
---|
2247 | | - | July 1, 2023): 1652 |
---|
2248 | | - | (g) For the Department of Transportation: For construction, repair or 1653 |
---|
2249 | | - | maintenance of highways, roads, bridges, noise barriers or bus and rail 1654 |
---|
2250 | | - | facilities and equipment, not exceeding [$180,000,000] $130,000,000, 1655 |
---|
2251 | | - | provided not more than $75,000,000 shall be used for a matching grant 1656 |
---|
2252 | | - | program to assist municipalities to modernize existing traffic signal 1657 |
---|
2253 | | - | equipment and operations. 1658 |
---|
2254 | | - | Sec. 74. Section 31 of public act 20-1, as amended by section 86 of 1659 Substitute Bill No. 980 |
---|
2255 | | - | |
---|
2256 | | - | |
---|
2257 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2258 | | - | 00980-R01-SB.docx } |
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2259 | | - | 60 of 77 |
---|
2260 | | - | |
---|
2261 | | - | public act 21-111, is amended to read as follows (Effective July 1, 2023): 1660 |
---|
2262 | | - | The State Bond Commission shall have power, in accordance with the 1661 |
---|
2263 | | - | provisions of this section and sections 32 to 38, inclusive, of public act 1662 |
---|
2264 | | - | 20-1, from time to time to authorize the issuance of bonds of the state in 1663 |
---|
2265 | | - | one or more series and in principal amounts in the aggregate, not 1664 |
---|
2266 | | - | exceeding [$215,000,000] $209,000,000. 1665 |
---|
2267 | | - | Sec. 75. Subdivision (1) of subsection (b) of section 32 of public act 20-1666 |
---|
2268 | | - | 1 is repealed. (Effective July 1, 2023): 1667 |
---|
2269 | | - | Sec. 76. Subdivision (2) of subsection (e) of section 21 of public act 21-1668 |
---|
2270 | | - | 111 is amended to read as follows (Effective from passage): 1669 |
---|
2271 | | - | (2) For the purpose of funding projects in state buildings and assets 1670 |
---|
2272 | | - | that result in decreased environmental impacts, including projects: That 1671 |
---|
2273 | | - | improve energy efficiency pursuant to section 16a-38l of the general 1672 |
---|
2274 | | - | statutes; that reduce greenhouse gas emissions from building heating 1673 |
---|
2275 | | - | and cooling, including installation of renewable thermal heating 1674 |
---|
2276 | | - | systems; that expand electric vehicle charging infrastructure to support 1675 |
---|
2277 | | - | charging on state [owned or leased electric vehicles] property; that 1676 |
---|
2278 | | - | reduce water use; that reduce waste generation and disposal; or for any 1677 |
---|
2279 | | - | renewable energy, or combined heat and power project in state 1678 |
---|
2280 | | - | buildings, not exceeding $10,000,000. 1679 |
---|
2281 | | - | Sec. 77. Section 89 of public act 21-111 is repealed. (Effective July 1, 1680 |
---|
2282 | | - | 2023) 1681 |
---|
2283 | | - | Sec. 78. Subsection (a) of section 102 of public act 21-111 is amended 1682 |
---|
2284 | | - | to read as follows (Effective July 1, 2023): 1683 |
---|
2285 | | - | (a) The State Bond Commission shall authorize the issuance of bonds 1684 |
---|
2286 | | - | of the state, in accordance with the provisions of section 3-20 of the 1685 |
---|
2287 | | - | general statutes, in principal amounts not exceeding in the aggregate 1686 |
---|
2288 | | - | [twenty-five] twenty million dollars for the Connecticut Port Authority 1687 |
---|
2289 | | - | established pursuant to section 15-31a of the general statutes. The 1688 |
---|
2290 | | - | amount authorized for the issuance and sale of such bonds in each of 1689 Substitute Bill No. 980 |
---|
2291 | | - | |
---|
2292 | | - | |
---|
2293 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2294 | | - | 00980-R01-SB.docx } |
---|
2295 | | - | 61 of 77 |
---|
2296 | | - | |
---|
2297 | | - | the following fiscal years shall not exceed the following corresponding 1690 |
---|
2298 | | - | amount for each such fiscal year, provided, to the extent the authority 1691 |
---|
2299 | | - | does not provide for the use of all or a portion of such amount in any 1692 |
---|
2300 | | - | such fiscal year, such amount not provided for shall be carried forward 1693 |
---|
2301 | | - | and added to the authorized amount for the next succeeding fiscal year, 1694 |
---|
2302 | | - | and, provided further, the costs of issuance and capitalized interest, if 1695 |
---|
2303 | | - | any, may be added to the capped amount in each fiscal year, and each 1696 |
---|
2304 | | - | of the authorized amounts shall be effective on July first of the fiscal year 1697 |
---|
2305 | | - | indicated as follows: 1698 |
---|
2306 | | - | |
---|
2307 | | - | T225 Fiscal Year Ending Amount |
---|
2308 | | - | T226 June Thirtieth |
---|
2309 | | - | T227 2022 $5,000,000 |
---|
2310 | | - | T228 2023 5,000,000 |
---|
2311 | | - | T229 2024 [5,000,000] |
---|
2312 | | - | T230 2,500,000 |
---|
2313 | | - | T231 2025 |
---|
2314 | | - | |
---|
2315 | | - | [5,000,000] |
---|
2316 | | - | T232 2,500,000 |
---|
2317 | | - | T233 2026 5,000,000 |
---|
2318 | | - | |
---|
2319 | | - | |
---|
2320 | | - | |
---|
2321 | | - | T234 Total [$25,000,000] |
---|
2322 | | - | |
---|
2323 | | - | |
---|
2324 | | - | T235 $20,000,000 |
---|
2325 | | - | |
---|
2326 | | - | Sec. 79. Subsection (b) of section 307 of public act 22-118 is amended 1699 |
---|
2327 | | - | to read as follows (Effective from passage): 1700 |
---|
2328 | | - | (b) For the Office of Policy and Management: State matching funds 1701 |
---|
2329 | | - | for projects and programs allowed under the Infrastructure Investment 1702 |
---|
2330 | | - | and Jobs Act or the Inflation Reduction Act of 2022, not exceeding 1703 |
---|
2331 | | - | $75,000,000. 1704 |
---|
2332 | | - | Sec. 80. (Effective July 1, 2023) Any proceeds from the sale of bonds for 1705 |
---|
2333 | | - | CareerConneCT workforce training programs, described in subdivision 1706 |
---|
2334 | | - | (4) of subsection (c) of section 13 of public act 21-111 and subdivision (4) 1707 Substitute Bill No. 980 |
---|
2335 | | - | |
---|
2336 | | - | |
---|
2337 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2338 | | - | 00980-R01-SB.docx } |
---|
2339 | | - | 62 of 77 |
---|
2340 | | - | |
---|
2341 | | - | of subsection (c) of section 32 of public act 21-111, shall be allocated to 1708 |
---|
2342 | | - | the Office of Workforce Strategy and such agency shall be responsible 1709 |
---|
2343 | | - | for administering such programs. 1710 |
---|
2344 | | - | Sec. 81. (Effective July 1, 2023) (a) For the purposes described in 1711 |
---|
2345 | | - | subsection (b) of this section, the State Bond Commission shall have the 1712 |
---|
2346 | | - | power from time to time to authorize the issuance of bonds of the state 1713 |
---|
2347 | | - | in one or more series and in principal amounts not exceeding in the 1714 |
---|
2348 | | - | aggregate thirty-three million dollars, provided three million dollars of 1715 |
---|
2349 | | - | said authorization shall be effective July 1, 2024. 1716 |
---|
2350 | | - | (b) The proceeds of the sale of such bonds, to the extent of the amount 1717 |
---|
2351 | | - | stated in subsection (a) of this section, shall be used by the Secretary of 1718 |
---|
2352 | | - | the State for the purpose of purchasing and deploying tabulators and 1719 |
---|
2353 | | - | related equipment, purchasing equipment and services to implement 1720 |
---|
2354 | | - | and integrate the centralized voter registration system and purchasing 1721 |
---|
2355 | | - | equipment and software to improve the operation of the business 1722 |
---|
2356 | | - | recording system and other functions of the business services division. 1723 |
---|
2357 | | - | (c) All provisions of section 3-20 of the general statutes, or the exercise 1724 |
---|
2358 | | - | of any right or power granted thereby, that are not inconsistent with the 1725 |
---|
2359 | | - | provisions of this section are hereby adopted and shall apply to all 1726 |
---|
2360 | | - | bonds authorized by the State Bond Commission pursuant to this 1727 |
---|
2361 | | - | section. Temporary notes in anticipation of the money to be derived 1728 |
---|
2362 | | - | from the sale of any such bonds so authorized may be issued in 1729 |
---|
2363 | | - | accordance with section 3-20 of the general statutes and from time to 1730 |
---|
2364 | | - | time renewed. Such bonds shall mature at such time or times not 1731 |
---|
2365 | | - | exceeding twenty years from their respective dates as may be provided 1732 |
---|
2366 | | - | in or pursuant to the resolution or resolutions of the State Bond 1733 |
---|
2367 | | - | Commission authorizing such bonds. None of such bonds shall be 1734 |
---|
2368 | | - | authorized except upon a finding by the State Bond Commission that 1735 |
---|
2369 | | - | there has been filed with it a request for such authorization that is signed 1736 |
---|
2370 | | - | by or on behalf of the Secretary of the Office of Policy and Management 1737 |
---|
2371 | | - | and states such terms and conditions as said commission, in its 1738 |
---|
2372 | | - | discretion, may require. Such bonds issued pursuant to this section shall 1739 |
---|
2373 | | - | be general obligations of the state and the full faith and credit of the state 1740 Substitute Bill No. 980 |
---|
2374 | | - | |
---|
2375 | | - | |
---|
2376 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2377 | | - | 00980-R01-SB.docx } |
---|
2378 | | - | 63 of 77 |
---|
2379 | | - | |
---|
2380 | | - | of Connecticut are pledged for the payment of the principal of and 1741 |
---|
2381 | | - | interest on such bonds as the same become due, and accordingly and as 1742 |
---|
2382 | | - | part of the contract of the state with the holders of such bonds, 1743 |
---|
2383 | | - | appropriation of all amounts necessary for punctual payment of such 1744 |
---|
2384 | | - | principal and interest is hereby made, and the State Treasurer shall pay 1745 |
---|
2385 | | - | such principal and interest as the same become due. 1746 |
---|
2386 | | - | Sec. 82. (Effective July 1, 2023) (a) For the purposes described in 1747 |
---|
2387 | | - | subsection (b) of this section, the State Bond Commission shall have the 1748 |
---|
2388 | | - | power from time to time to authorize the issuance of bonds of the state 1749 |
---|
2389 | | - | in one or more series and in principal amounts not exceeding in the 1750 |
---|
2390 | | - | aggregate one hundred fifty million dollars, provided seventy-five 1751 |
---|
2391 | | - | million dollars of said authorization shall be effective July 1, 2024. 1752 |
---|
2392 | | - | (b) The proceeds of the sale of such bonds, to the extent of the amount 1753 |
---|
2393 | | - | stated in subsection (a) of this section, shall be used by the Department 1754 |
---|
2394 | | - | of Housing for purposes of the time to own program, including grants 1755 |
---|
2395 | | - | or forgivable loans for capital improvements for qualifying events. 1756 |
---|
2396 | | - | (c) All provisions of section 3-20 of the general statutes, or the exercise 1757 |
---|
2397 | | - | of any right or power granted thereby, that are not inconsistent with the 1758 |
---|
2398 | | - | provisions of this section are hereby adopted and shall apply to all 1759 |
---|
2399 | | - | bonds authorized by the State Bond Commission pursuant to this 1760 |
---|
2400 | | - | section. Temporary notes in anticipation of the money to be derived 1761 |
---|
2401 | | - | from the sale of any such bonds so authorized may be issued in 1762 |
---|
2402 | | - | accordance with section 3-20 of the general statutes and from time to 1763 |
---|
2403 | | - | time renewed. Such bonds shall mature at such time or times not 1764 |
---|
2404 | | - | exceeding twenty years from their respective dates as may be provided 1765 |
---|
2405 | | - | in or pursuant to the resolution or resolutions of the State Bond 1766 |
---|
2406 | | - | Commission authorizing such bonds. None of such bonds shall be 1767 |
---|
2407 | | - | authorized except upon a finding by the State Bond Commission that 1768 |
---|
2408 | | - | there has been filed with it a request for such authorization that is signed 1769 |
---|
2409 | | - | by or on behalf of the Secretary of the Office of Policy and Management 1770 |
---|
2410 | | - | and states such terms and conditions as said commission, in its 1771 |
---|
2411 | | - | discretion, may require. Such bonds issued pursuant to this section shall 1772 |
---|
2412 | | - | be general obligations of the state and the full faith and credit of the state 1773 Substitute Bill No. 980 |
---|
2413 | | - | |
---|
2414 | | - | |
---|
2415 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2416 | | - | 00980-R01-SB.docx } |
---|
2417 | | - | 64 of 77 |
---|
2418 | | - | |
---|
2419 | | - | of Connecticut are pledged for the payment of the principal of and 1774 |
---|
2420 | | - | interest on such bonds as the same become due, and accordingly and as 1775 |
---|
2421 | | - | part of the contract of the state with the holders of such bonds, 1776 |
---|
2422 | | - | appropriation of all amounts necessary for punctual payment of such 1777 |
---|
2423 | | - | principal and interest is hereby made, and the State Treasurer shall pay 1778 |
---|
2424 | | - | such principal and interest as the same become due. 1779 |
---|
2425 | | - | Sec. 83. (Effective July 1, 2023) (a) For the purposes described in 1780 |
---|
2426 | | - | subsection (b) of this section, the State Bond Commission shall have the 1781 |
---|
2427 | | - | power from time to time to authorize the issuance of bonds of the state 1782 |
---|
2428 | | - | in one or more series and in principal amounts not exceeding in the 1783 |
---|
2429 | | - | aggregate six hundred million dollars, provided (1) one hundred fifty 1784 |
---|
2430 | | - | million dollars of said authorization shall be effective July 1, 2023, (2) 1785 |
---|
2431 | | - | one hundred fifty million dollars of said authorization shall be effective 1786 |
---|
2432 | | - | July 1, 2024, (3) one hundred fifty million dollars of said authorization 1787 |
---|
2433 | | - | shall be effective July 1, 2025, and (4) one hundred fifty million dollars 1788 |
---|
2434 | | - | of said authorization shall be effective July 1, 2026. 1789 |
---|
2435 | | - | (b) The proceeds of the sale of such bonds, to the extent of the amount 1790 |
---|
2436 | | - | stated in subsection (a) of this section, shall be used by the Department 1791 |
---|
2437 | | - | of Energy and Environmental Protection for the purpose of retrofitting 1792 |
---|
2438 | | - | projects for multi-family residences in environmental justice 1793 |
---|
2439 | | - | communities, as defined in section 22a-20a of the general statutes. 1794 |
---|
2440 | | - | (c) All provisions of section 3-20 of the general statutes, or the exercise 1795 |
---|
2441 | | - | of any right or power granted thereby, that are not inconsistent with the 1796 |
---|
2442 | | - | provisions of this section are hereby adopted and shall apply to all 1797 |
---|
2443 | | - | bonds authorized by the State Bond Commission pursuant to this 1798 |
---|
2444 | | - | section. Temporary notes in anticipation of the money to be derived 1799 |
---|
2445 | | - | from the sale of any such bonds so authorized may be issued in 1800 |
---|
2446 | | - | accordance with section 3-20 of the general statutes and from time to 1801 |
---|
2447 | | - | time renewed. Such bonds shall mature at such time or times not 1802 |
---|
2448 | | - | exceeding twenty years from their respective dates as may be provided 1803 |
---|
2449 | | - | in or pursuant to the resolution or resolutions of the State Bond 1804 |
---|
2450 | | - | Commission authorizing such bonds. None of such bonds shall be 1805 |
---|
2451 | | - | authorized except upon a finding by the State Bond Commission that 1806 Substitute Bill No. 980 |
---|
2452 | | - | |
---|
2453 | | - | |
---|
2454 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2455 | | - | 00980-R01-SB.docx } |
---|
2456 | | - | 65 of 77 |
---|
2457 | | - | |
---|
2458 | | - | there has been filed with it a request for such authorization that is signed 1807 |
---|
2459 | | - | by or on behalf of the Secretary of the Office of Policy and Management 1808 |
---|
2460 | | - | and states such terms and conditions as said commission, in its 1809 |
---|
2461 | | - | discretion, may require. Such bonds issued pursuant to this section shall 1810 |
---|
2462 | | - | be general obligations of the state and the full faith and credit of the state 1811 |
---|
2463 | | - | of Connecticut are pledged for the payment of the principal of and 1812 |
---|
2464 | | - | interest on such bonds as the same become due, and accordingly and as 1813 |
---|
2465 | | - | part of the contract of the state with the holders of such bonds, 1814 |
---|
2466 | | - | appropriation of all amounts necessary for punctual payment of such 1815 |
---|
2467 | | - | principal and interest is hereby made, and the State Treasurer shall pay 1816 |
---|
2468 | | - | such principal and interest as the same become due. 1817 |
---|
2469 | | - | Sec. 84. (Effective July 1, 2023) (a) For the purposes described in 1818 |
---|
2470 | | - | subsection (b) of this section, the State Bond Commission shall have the 1819 |
---|
2471 | | - | power from time to time to authorize the issuance of bonds of the state 1820 |
---|
2472 | | - | in one or more series and in principal amounts not exceeding in the 1821 |
---|
2473 | | - | aggregate sixty million dollars. 1822 |
---|
2474 | | - | (b) The proceeds of the sale of said bonds, to the extent of the amount 1823 |
---|
2475 | | - | stated in subsection (a) of this section, shall be used by the Connecticut 1824 |
---|
2476 | | - | Municipal Redevelopment Authority for the purpose of capitalization. 1825 |
---|
2477 | | - | (c) All provisions of section 3-20 of the general statutes, or the exercise 1826 |
---|
2478 | | - | of any right or power granted thereby, which are not inconsistent with 1827 |
---|
2479 | | - | the provisions of this section are hereby adopted and shall apply to all 1828 |
---|
2480 | | - | bonds authorized by the State Bond Commission pursuant to this 1829 |
---|
2481 | | - | section, and temporary notes in anticipation of the money to be derived 1830 |
---|
2482 | | - | from the sale of any such bonds so authorized may be issued in 1831 |
---|
2483 | | - | accordance with said section 3-20 of the general statutes and from time 1832 |
---|
2484 | | - | to time renewed. Such bonds shall mature at such time or times not 1833 |
---|
2485 | | - | exceeding twenty years from their respective dates as may be provided 1834 |
---|
2486 | | - | in or pursuant to the resolution or resolutions of the State Bond 1835 |
---|
2487 | | - | Commission authorizing such bonds. None of said bonds shall be 1836 |
---|
2488 | | - | authorized except upon a finding by the State Bond Commission that 1837 |
---|
2489 | | - | there has been filed with it a request for such authorization which is 1838 |
---|
2490 | | - | signed by or on behalf of the Secretary of the Office of Policy and 1839 Substitute Bill No. 980 |
---|
2491 | | - | |
---|
2492 | | - | |
---|
2493 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2494 | | - | 00980-R01-SB.docx } |
---|
2495 | | - | 66 of 77 |
---|
2496 | | - | |
---|
2497 | | - | Management and states such terms and conditions as said commission, 1840 |
---|
2498 | | - | in its discretion, may require. Said bonds issued pursuant to this section 1841 |
---|
2499 | | - | shall be general obligations of the state and the full faith and credit of 1842 |
---|
2500 | | - | the state of Connecticut are pledged for the payment of the principal of 1843 |
---|
2501 | | - | and interest on said bonds as the same become due, and accordingly 1844 |
---|
2502 | | - | and as part of the contract of the state with the holders of said bonds, 1845 |
---|
2503 | | - | appropriation of all amounts necessary for punctual payment of such 1846 |
---|
2504 | | - | principal and interest is hereby made, and the State Treasurer shall pay 1847 |
---|
2505 | | - | such principal and interest as the same become due. 1848 |
---|
2506 | | - | Sec. 85. (Effective July 1, 2023) (a) For the purposes described in 1849 |
---|
2507 | | - | subsection (b) of this section, the State Bond Commission shall have the 1850 |
---|
2508 | | - | power from time to time to authorize the issuance of bonds of the state 1851 |
---|
2509 | | - | in one or more series and in principal amounts not exceeding in the 1852 |
---|
2510 | | - | aggregate fifteen million dollars. 1853 |
---|
2511 | | - | (b) (1) The proceeds of the sale of such bonds, to the extent of the 1854 |
---|
2512 | | - | amount stated in subsection (a) of this section, shall be used by the 1855 |
---|
2513 | | - | Department of Economic and Community Development for the purpose 1856 |
---|
2514 | | - | of providing grants-in-aid to business and industrial development 1857 |
---|
2515 | | - | corporations, as defined in section 36a-626 of the general statutes, whose 1858 |
---|
2516 | | - | primary purposes are to (A) provide financing assistance and 1859 |
---|
2517 | | - | management assistance to minority-owned and women-owned small 1860 |
---|
2518 | | - | businesses that serve or seek to serve underserved or minority 1861 |
---|
2519 | | - | communities, (B) provide education and training to such businesses and 1862 |
---|
2520 | | - | communities, and (C) work collaboratively with similar organizations 1863 |
---|
2521 | | - | and with lenders to foster economic development and growth in such 1864 |
---|
2522 | | - | communities. Any business and industrial development corporation 1865 |
---|
2523 | | - | that receives a grant-in-aid under this section may use up to ten per cent 1866 |
---|
2524 | | - | in the aggregate of the amount of such grant-in-aid for operational costs 1867 |
---|
2525 | | - | and to fund a loan loss reserve fund. 1868 |
---|
2526 | | - | (2) Any applicant for a license under section 36a-628 of the general 1869 |
---|
2527 | | - | statutes that meets the provisions of subdivisions (2) to (4), inclusive, of 1870 |
---|
2528 | | - | said section to the Banking Commissioner's satisfaction shall be eligible 1871 |
---|
2529 | | - | to receive a grant-in-aid under this section. No such applicant or no 1872 Substitute Bill No. 980 |
---|
2530 | | - | |
---|
2531 | | - | |
---|
2532 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
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2533 | | - | 00980-R01-SB.docx } |
---|
2534 | | - | 67 of 77 |
---|
2535 | | - | |
---|
2536 | | - | business and industrial development corporation shall receive more 1873 |
---|
2537 | | - | than five million dollars in the aggregate under this section. 1874 |
---|
2538 | | - | (c) All provisions of section 3-20 of the general statutes, or the exercise 1875 |
---|
2539 | | - | of any right or power granted thereby, that are not inconsistent with the 1876 |
---|
2540 | | - | provisions of this section are hereby adopted and shall apply to all 1877 |
---|
2541 | | - | bonds authorized by the State Bond Commission pursuant to this 1878 |
---|
2542 | | - | section. Temporary notes in anticipation of the money to be derived 1879 |
---|
2543 | | - | from the sale of any such bonds so authorized may be issued in 1880 |
---|
2544 | | - | accordance with section 3-20 of the general statutes and from time to 1881 |
---|
2545 | | - | time renewed. Such bonds shall mature at such time or times not 1882 |
---|
2546 | | - | exceeding twenty years from their respective dates as may be provided 1883 |
---|
2547 | | - | in or pursuant to the resolution or resolutions of the State Bond 1884 |
---|
2548 | | - | Commission authorizing such bonds. None of such bonds shall be 1885 |
---|
2549 | | - | authorized except upon a finding by the State Bond Commission that 1886 |
---|
2550 | | - | there has been filed with it a request for such authorization that is signed 1887 |
---|
2551 | | - | by or on behalf of the Secretary of the Office of Policy and Management 1888 |
---|
2552 | | - | and states such terms and conditions as said commission, in its 1889 |
---|
2553 | | - | discretion, may require. Such bonds issued pursuant to this section shall 1890 |
---|
2554 | | - | be general obligations of the state and the full faith and credit of the state 1891 |
---|
2555 | | - | of Connecticut are pledged for the payment of the principal of and 1892 |
---|
2556 | | - | interest on such bonds as the same become due, and accordingly and as 1893 |
---|
2557 | | - | part of the contract of the state with the holders of such bonds, 1894 |
---|
2558 | | - | appropriation of all amounts necessary for punctual payment of such 1895 |
---|
2559 | | - | principal and interest is hereby made, and the State Treasurer shall pay 1896 |
---|
2560 | | - | such principal and interest as the same become due. 1897 |
---|
2561 | | - | Sec. 86. (Effective July 1, 2023) (a) For the purposes described in 1898 |
---|
2562 | | - | subsection (b) of this section, the State Bond Commission shall have the 1899 |
---|
2563 | | - | power from time to time to authorize the issuance of bonds of the state 1900 |
---|
2564 | | - | in one or more series and in principal amounts not exceeding in the 1901 |
---|
2565 | | - | aggregate one hundred twenty million dollars, provided sixty million 1902 |
---|
2566 | | - | dollars of said authorization shall be effective July 1, 2024. 1903 |
---|
2567 | | - | (b) The proceeds of the sale of such bonds, to the extent of the amount 1904 |
---|
2568 | | - | stated in subsection (a) of this section, shall be used by the Department 1905 Substitute Bill No. 980 |
---|
2569 | | - | |
---|
2570 | | - | |
---|
2571 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2572 | | - | 00980-R01-SB.docx } |
---|
2573 | | - | 68 of 77 |
---|
2574 | | - | |
---|
2575 | | - | of Economic and Community Development for the purpose of carrying 1906 |
---|
2576 | | - | out the duties of the Office of Community Economic Development 1907 |
---|
2577 | | - | Assistance. 1908 |
---|
2578 | | - | (c) All provisions of section 3-20 of the general statutes, or the exercise 1909 |
---|
2579 | | - | of any right or power granted thereby, that are not inconsistent with the 1910 |
---|
2580 | | - | provisions of this section are hereby adopted and shall apply to all 1911 |
---|
2581 | | - | bonds authorized by the State Bond Commission pursuant to this 1912 |
---|
2582 | | - | section. Temporary notes in anticipation of the money to be derived 1913 |
---|
2583 | | - | from the sale of any such bonds so authorized may be issued in 1914 |
---|
2584 | | - | accordance with section 3-20 of the general statutes and from time to 1915 |
---|
2585 | | - | time renewed. Such bonds shall mature at such time or times not 1916 |
---|
2586 | | - | exceeding twenty years from their respective dates as may be provided 1917 |
---|
2587 | | - | in or pursuant to the resolution or resolutions of the State Bond 1918 |
---|
2588 | | - | Commission authorizing such bonds. None of such bonds shall be 1919 |
---|
2589 | | - | authorized except upon a finding by the State Bond Commission that 1920 |
---|
2590 | | - | there has been filed with it a request for such authorization that is signed 1921 |
---|
2591 | | - | by or on behalf of the Secretary of the Office of Policy and Management 1922 |
---|
2592 | | - | and states such terms and conditions as said commission, in its 1923 |
---|
2593 | | - | discretion, may require. Such bonds issued pursuant to this section shall 1924 |
---|
2594 | | - | be general obligations of the state and the full faith and credit of the state 1925 |
---|
2595 | | - | of Connecticut are pledged for the payment of the principal of and 1926 |
---|
2596 | | - | interest on such bonds as the same become due, and accordingly and as 1927 |
---|
2597 | | - | part of the contract of the state with the holders of such bonds, 1928 |
---|
2598 | | - | appropriation of all amounts necessary for punctual payment of such 1929 |
---|
2599 | | - | principal and interest is hereby made, and the State Treasurer shall pay 1930 |
---|
2600 | | - | such principal and interest as the same become due. 1931 |
---|
2601 | | - | Sec. 87. (NEW) (Effective July 1, 2023) (a) (1) As used in this section, 1932 |
---|
2602 | | - | "high poverty-low opportunity census tract" means a United States 1933 |
---|
2603 | | - | census tract in which thirty per cent or more of the residents within such 1934 |
---|
2604 | | - | census tract have incomes below the federal poverty level, according to 1935 |
---|
2605 | | - | the most recent five-year United States Census Bureau American 1936 |
---|
2606 | | - | Community Survey. 1937 |
---|
2607 | | - | (2) The Secretary of the Office of Policy and Management shall 1938 Substitute Bill No. 980 |
---|
2608 | | - | |
---|
2609 | | - | |
---|
2610 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2611 | | - | 00980-R01-SB.docx } |
---|
2612 | | - | 69 of 77 |
---|
2613 | | - | |
---|
2614 | | - | compile a list of high poverty-low opportunity census tracts in the state 1939 |
---|
2615 | | - | and the municipalities in which such census tracts are located and shall, 1940 |
---|
2616 | | - | not later than July 31, 2023, submit such list to the General Assembly in 1941 |
---|
2617 | | - | accordance with the provisions of section 11-4a of the general statutes. 1942 |
---|
2618 | | - | The secretary shall post such list to the Internet web site of the Office of 1943 |
---|
2619 | | - | Policy and Management and shall review and update such list as 1944 |
---|
2620 | | - | necessary. Whenever the secretary updates such list, the secretary shall 1945 |
---|
2621 | | - | submit such updated list to the General Assembly in accordance with 1946 |
---|
2622 | | - | the provisions of section 11-4a of the general statutes. 1947 |
---|
2623 | | - | (b) (1) For the purposes described in subdivision (2) of this 1948 |
---|
2624 | | - | subsection, the State Bond Commission shall have the power from time 1949 |
---|
2625 | | - | to time to authorize the issuance of bonds of the state in one or more 1950 |
---|
2626 | | - | series and in principal amounts not exceeding in the aggregate one 1951 |
---|
2627 | | - | billion six hundred fifty million dollars, provided one hundred sixty-1952 |
---|
2628 | | - | five million dollars shall be effective each fiscal year for the fiscal years 1953 |
---|
2629 | | - | commencing July 1, 2023, to July 1, 2032, inclusive. 1954 |
---|
2630 | | - | (2) The proceeds of the sale of such bonds, to the extent of the amount 1955 |
---|
2631 | | - | stated in subdivision (1) of this subsection, shall be used by the 1956 |
---|
2632 | | - | Department of Economic and Community Development in accordance 1957 |
---|
2633 | | - | with the provisions of subsection (c) of this section for the following 1958 |
---|
2634 | | - | purposes within high poverty-low opportunity census tracts to benefit 1959 |
---|
2635 | | - | the residents within such census tracts: (A) Construction, renovation or 1960 |
---|
2636 | | - | rehabilitation of mixed-income housing; (B) the establishment or 1961 |
---|
2637 | | - | improvement of workforce development programs; (C) the 1962 |
---|
2638 | | - | establishment or improvement of preschool education, preschool 1963 |
---|
2639 | | - | enrichment or preschool day care programs; (D) the establishment or 1964 |
---|
2640 | | - | improvement of primary and secondary education programs; (E) 1965 |
---|
2641 | | - | construction, renovation or rehabilitation of public infrastructure; and 1966 |
---|
2642 | | - | (F) the establishment or improvement of early intervention programs to 1967 |
---|
2643 | | - | prevent and reduce gun violence. 1968 |
---|
2644 | | - | (3) All provisions of section 3-20 of the general statutes, or the exercise 1969 |
---|
2645 | | - | of any right or power granted thereby, that are not inconsistent with the 1970 |
---|
2646 | | - | provisions of this subsection are hereby adopted and shall apply to all 1971 Substitute Bill No. 980 |
---|
2647 | | - | |
---|
2648 | | - | |
---|
2649 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2650 | | - | 00980-R01-SB.docx } |
---|
2651 | | - | 70 of 77 |
---|
2652 | | - | |
---|
2653 | | - | bonds authorized by the State Bond Commission pursuant to this 1972 |
---|
2654 | | - | section. Temporary notes in anticipation of the money to be derived 1973 |
---|
2655 | | - | from the sale of any such bonds so authorized may be issued in 1974 |
---|
2656 | | - | accordance with section 3-20 of the general statutes and from time to 1975 |
---|
2657 | | - | time renewed. Such bonds shall mature at such time or times not 1976 |
---|
2658 | | - | exceeding twenty years from their respective dates as may be provided 1977 |
---|
2659 | | - | in or pursuant to the resolution or resolutions of the State Bond 1978 |
---|
2660 | | - | Commission authorizing such bonds. None of such bonds shall be 1979 |
---|
2661 | | - | authorized except upon a finding by the State Bond Commission that 1980 |
---|
2662 | | - | there has been filed with it a request for such authorization that is signed 1981 |
---|
2663 | | - | by or on behalf of the Secretary of the Office of Policy and Management 1982 |
---|
2664 | | - | and states such terms and conditions as said commission, in its 1983 |
---|
2665 | | - | discretion, may require. Such bonds issued pursuant to this subsection 1984 |
---|
2666 | | - | shall be general obligations of the state and the full faith and credit of 1985 |
---|
2667 | | - | the state of Connecticut are pledged for the payment of the principal of 1986 |
---|
2668 | | - | and interest on such bonds as the same become due, and accordingly 1987 |
---|
2669 | | - | and as part of the contract of the state with the holders of such bonds, 1988 |
---|
2670 | | - | appropriation of all amounts necessary for punctual payment of such 1989 |
---|
2671 | | - | principal and interest is hereby made, and the State Treasurer shall pay 1990 |
---|
2672 | | - | such principal and interest as the same become due. 1991 |
---|
2673 | | - | (c) (1) For each fiscal year for the fiscal years commencing July 1, 2023, 1992 |
---|
2674 | | - | to July 1, 2032, inclusive, each municipality in which a high poverty-low 1993 |
---|
2675 | | - | opportunity census tract is located may apply to the Commissioner of 1994 |
---|
2676 | | - | Economic and Community Development, in a form and manner 1995 |
---|
2677 | | - | prescribed by the commissioner, to receive a grant for any of the 1996 |
---|
2678 | | - | purposes set forth in subdivision (2) of subsection (b) of this section or 1997 |
---|
2679 | | - | any combination of such purposes. The commissioner shall establish, 1998 |
---|
2680 | | - | not later than January 1, 2024, criteria for the awarding of grants, 1999 |
---|
2681 | | - | requirements for documents and information to be submitted by 2000 |
---|
2682 | | - | municipalities to evaluate applications and deadlines for submitting 2001 |
---|
2683 | | - | applications and for submitting revisions recommended by the 2002 |
---|
2684 | | - | Governor under subdivision (2) of this subsection. The commissioner 2003 |
---|
2685 | | - | shall post such criteria and requirements on the Department of 2004 |
---|
2686 | | - | Economic and Community Development's Internet web site and notify 2005 Substitute Bill No. 980 |
---|
2687 | | - | |
---|
2688 | | - | |
---|
2689 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2690 | | - | 00980-R01-SB.docx } |
---|
2691 | | - | 71 of 77 |
---|
2692 | | - | |
---|
2693 | | - | each municipality in which such census tract is located of such posting. 2006 |
---|
2694 | | - | (2) The department shall review and evaluate each application 2007 |
---|
2695 | | - | submitted and shall work with the applicant municipality to revise the 2008 |
---|
2696 | | - | application if the department believes such revisions will improve or 2009 |
---|
2697 | | - | strengthen the application. The commissioner shall submit all initial or 2010 |
---|
2698 | | - | revised applications received in a fiscal year to the Governor for grant 2011 |
---|
2699 | | - | awards to be made from bond proceeds under subsection (b) of this 2012 |
---|
2700 | | - | section, provided the Governor may use for such grant awards funds 2013 |
---|
2701 | | - | from other bond proceeds authorized for the general purposes 2014 |
---|
2702 | | - | described in subparagraphs (A) to (F), inclusive, of subdivision (2) of 2015 |
---|
2703 | | - | subsection (b) of this section. Each grant awarded under this section 2016 |
---|
2704 | | - | shall be for three million dollars per fiscal year, for a three-year period. 2017 |
---|
2705 | | - | The Governor shall review the applications and may recommend 2018 |
---|
2706 | | - | changes to any application. Each municipality that has submitted an 2019 |
---|
2707 | | - | application for which the Governor recommends a change may submit 2020 |
---|
2708 | | - | a revised application to the Commissioner of Economic and Community 2021 |
---|
2709 | | - | Development, who shall forward such application to the Governor. 2022 |
---|
2710 | | - | Each finalized application that the Governor approves shall be 2023 |
---|
2711 | | - | considered at a State Bond Commission meeting not later than two 2024 |
---|
2712 | | - | months after the date the application was submitted by t he 2025 |
---|
2713 | | - | commissioner to the Governor. 2026 |
---|
2714 | | - | (3) At the conclusion of the initial three-year period, the 2027 |
---|
2715 | | - | commissioner shall evaluate the municipality's progress towards 2028 |
---|
2716 | | - | reducing the percentage of the residents within the applicable high 2029 |
---|
2717 | | - | poverty-low opportunity census tract who have incomes below the 2030 |
---|
2718 | | - | federal poverty level. Upon a determination by the commissioner that 2031 |
---|
2719 | | - | reasonable progress has been made, the municipality may apply for 2032 |
---|
2720 | | - | subsequent grants under this section, provided at the conclusion of each 2033 |
---|
2721 | | - | three-year period, each applicant municipality shall be subject to the 2034 |
---|
2722 | | - | evaluation and determination under this subdivision prior to being 2035 |
---|
2723 | | - | eligible to apply for a subsequent grant. Any subsequent grant 2036 |
---|
2724 | | - | applications shall be made in accordance with the provisions of 2037 |
---|
2725 | | - | subdivisions (1) and (2) of this subsection. 2038 Substitute Bill No. 980 |
---|
2726 | | - | |
---|
2727 | | - | |
---|
2728 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2729 | | - | 00980-R01-SB.docx } |
---|
2730 | | - | 72 of 77 |
---|
2731 | | - | |
---|
2732 | | - | (4) Not later than August 1, 2024, and annually thereafter, the 2039 |
---|
2733 | | - | commissioner shall submit a report, in accordance with the provisions 2040 |
---|
2734 | | - | of section 11-4a of the general statutes, to the General Assembly, that 2041 |
---|
2735 | | - | includes the municipalities that submitted applications and that were 2042 |
---|
2736 | | - | awarded grants under this section in the prior fiscal year, a description 2043 |
---|
2737 | | - | of each purpose and project a municipality awarded a grant under this 2044 |
---|
2738 | | - | section is seeking to accomplish or undertaking, a progress report, if 2045 |
---|
2739 | | - | applicable, for each such purpose or project and any other information 2046 |
---|
2740 | | - | the commissioner deems relevant. 2047 |
---|
2741 | | - | Sec. 88. (NEW) (Effective July 1, 2023, and applicable to taxable years 2048 |
---|
2742 | | - | commencing on or after January 1, 2023) (a) For purposes of this section: 2049 |
---|
2743 | | - | (1) "Eligible renter" means an individual leasing and occupying a 2050 |
---|
2744 | | - | dwelling unit as a primary residence; 2051 |
---|
2745 | | - | (2) "Owner-occupied home" means a building containing three or 2052 |
---|
2746 | | - | fewer dwelling units, one of which units is occupied as a primary 2053 |
---|
2747 | | - | residence by the owner of the building or, with respect to a common 2054 |
---|
2748 | | - | interest community, as defined in section 47-202 of the general statutes, 2055 |
---|
2749 | | - | "owner-occupied home" means a dwelling unit occupied as a primary 2056 |
---|
2750 | | - | residence by the owner of the unit, within a common interest 2057 |
---|
2751 | | - | community containing three or fewer dwelling units; 2058 |
---|
2752 | | - | (3) "Qualifying census tract" means a high poverty-low opportunity 2059 |
---|
2753 | | - | census tract, as defined in section 87 of this act; and 2060 |
---|
2754 | | - | (4) "Qualifying resident" means an owner of an owner-occupied 2061 |
---|
2755 | | - | home or an eligible renter. 2062 |
---|
2756 | | - | (b) (1) There is established a program that encourages 2063 |
---|
2757 | | - | homeownership and tenant retention in qualifying census tracts by 2064 |
---|
2758 | | - | providing an exemption from the personal income tax to qualifying 2065 |
---|
2759 | | - | residents who reside in a qualifying census tract. Each municipality in 2066 |
---|
2760 | | - | which a qualifying census tract is located shall implement, in 2067 |
---|
2761 | | - | consultation with the Secretary of the Office of Policy and Management 2068 |
---|
2762 | | - | and the Commissioner of Revenue Services, an outreach program to 2069 Substitute Bill No. 980 |
---|
2763 | | - | |
---|
2764 | | - | |
---|
2765 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2766 | | - | 00980-R01-SB.docx } |
---|
2767 | | - | 73 of 77 |
---|
2768 | | - | |
---|
2769 | | - | publicize the program to such qualifying residents. 2070 |
---|
2770 | | - | (2) The Department of Revenue Services shall exempt each qualifying 2071 |
---|
2771 | | - | resident from the tax imposed under chapter 229 of the general statutes, 2072 |
---|
2772 | | - | other than the liability imposed by section 12-707 of the general statutes, 2073 |
---|
2773 | | - | (A) who has resided in a qualifying census tract for at least two years, 2074 |
---|
2774 | | - | and (B) whose federal adjusted gross income does not exceed (i) one 2075 |
---|
2775 | | - | hundred twenty-five thousand dollars for an individual who files a 2076 |
---|
2776 | | - | return under the federal income tax as an unmarried individual, a 2077 |
---|
2777 | | - | married individual filing separately or a head of household, or (ii) two 2078 |
---|
2778 | | - | hundred thousand dollars for individuals who file a return under the 2079 |
---|
2779 | | - | federal income tax as married individuals filing jointly. 2080 |
---|
2780 | | - | (3) Any such qualifying resident shall continue to be eligible for the 2081 |
---|
2781 | | - | credit under section 12-704e of the general statutes in addition to the 2082 |
---|
2782 | | - | exemption provided under this section. 2083 |
---|
2783 | | - | (4) Any such qualifying resident shall continue to be eligible for the 2084 |
---|
2784 | | - | exemption offered under this section as long as such resident continues 2085 |
---|
2785 | | - | to reside in a qualifying census tract for the entirety of a calendar year. 2086 |
---|
2786 | | - | Any qualifying resident who moves from one such census tract to 2087 |
---|
2787 | | - | another such census tract without an intervening break shall be deemed 2088 |
---|
2788 | | - | to be continuously residing in a qualifying census tract for purposes of 2089 |
---|
2789 | | - | calculating the residency period required under subparagraph (A) of 2090 |
---|
2790 | | - | subdivision (2) of this subsection. 2091 |
---|
2791 | | - | (c) Any qualifying resident claiming the exemption under this section 2092 |
---|
2792 | | - | shall provide to the Commissioner of Revenue Services any information 2093 |
---|
2793 | | - | the commissioner may require to substantiate such resident's eligibility 2094 |
---|
2794 | | - | for the exemption under this section. 2095 |
---|
2795 | | - | (d) (1) The exemption allowed to qualifying residents pursuant to this 2096 |
---|
2796 | | - | section shall continue until the percentage of residents within the 2097 |
---|
2797 | | - | qualifying census tract with incomes below the federal poverty level is 2098 |
---|
2798 | | - | equal to or exceeds the average percentage of residents with incomes 2099 |
---|
2799 | | - | below the federal poverty level, according to the most recent five-year 2100 Substitute Bill No. 980 |
---|
2800 | | - | |
---|
2801 | | - | |
---|
2802 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2803 | | - | 00980-R01-SB.docx } |
---|
2804 | | - | 74 of 77 |
---|
2805 | | - | |
---|
2806 | | - | United States Census Bureau American Community Survey, within all 2101 |
---|
2807 | | - | municipalities contiguous to the municipality in which such qualifying 2102 |
---|
2808 | | - | census tract is located. 2103 |
---|
2809 | | - | (2) Upon reaching such percentage, the municipality shall notify its 2104 |
---|
2810 | | - | residents and the Department of Revenue Services and the exemption 2105 |
---|
2811 | | - | allowed under this section shall phase out over a five-year period. Each 2106 |
---|
2812 | | - | qualifying resident shall be liable, in the first taxable year commencing 2107 |
---|
2813 | | - | after the municipality has provided such notice, for twenty per cent of 2108 |
---|
2814 | | - | the tax otherwise due under chapter 229 of the general statutes and shall 2109 |
---|
2815 | | - | be liable for an additional twenty per cent each taxable year thereafter, 2110 |
---|
2816 | | - | until such qualifying resident is liable for all tax due under chapter 229 2111 |
---|
2817 | | - | of the general statutes. The municipality and qualifying residents 2112 |
---|
2818 | | - | subject to a phase-out pursuant to this subsection shall provide any 2113 |
---|
2819 | | - | information needed by the department to process the phase-out. 2114 |
---|
2820 | | - | (e) Not later than July 1, 2024, and annually thereafter, the 2115 |
---|
2821 | | - | Commissioner of Revenue Services shall submit a report, in accordance 2116 |
---|
2822 | | - | with the provisions of section 11-4a of the general statutes, to the joint 2117 |
---|
2823 | | - | standing committee of the General Assembly having cognizance of 2118 |
---|
2824 | | - | matters relating to revenue. Such report shall include a summary of the 2119 |
---|
2825 | | - | number of individuals claiming the exemption under this section, an 2120 |
---|
2826 | | - | estimate of the revenue loss resulting from such exemption, the 2121 |
---|
2827 | | - | municipalities in which qualifying residents claiming the exemption 2122 |
---|
2828 | | - | under this section reside and any other information the commissioner 2123 |
---|
2829 | | - | deems informative to assess the impact and effectiveness of the 2124 |
---|
2830 | | - | exemption under this section. 2125 |
---|
2831 | | - | Sec. 89. (Effective from passage) Not later than October 1, 2023, and 2126 |
---|
2832 | | - | quarterly thereafter until completion of the projects identified in 2127 |
---|
2833 | | - | subdivisions (1) and (2) of this section, the Department of 2128 |
---|
2834 | | - | Administrative Services shall submit a report, in accordance with the 2129 |
---|
2835 | | - | provisions of section 11-4a of the general statutes, to the joint standing 2130 |
---|
2836 | | - | committees of the General Assembly having cognizance of matters 2131 |
---|
2837 | | - | relating to finance, revenue and bonding, and government 2132 |
---|
2838 | | - | administration and elections, on the status of (1) the design, alteration, 2133 Substitute Bill No. 980 |
---|
2839 | | - | |
---|
2840 | | - | |
---|
2841 | | - | LCO {\\PRDFS1\SCOUSERS\ANTONAKOSM \WS\2023SB- |
---|
2842 | | - | 00980-R01-SB.docx } |
---|
2843 | | - | 75 of 77 |
---|
2844 | | - | |
---|
2845 | | - | renovation and construction of facilities for the Office of the Chief 2134 |
---|
2846 | | - | Medical Examiner, and (2) the design, rehabilitation and construction of 2135 |
---|
2847 | | - | the parking garage, surface parking and related work at the Greater 2136 |
---|
2848 | | - | Bridgeport Community Mental Health Center in Bridgeport. 2137 |
---|
2849 | | - | Sec. 90. Section 12-724a of the general statutes is repealed. (Effective 2138 |
---|
2850 | | - | July 1, 2023) 2139 |
---|
| 1784 | + | (a) For the purposes of sections 22a-475 to 22a-483, inclusive, the State 1299 |
---|
| 1785 | + | Bond Commission shall have the power, from time to time to authorize 1300 |
---|
| 1786 | + | the issuance of bonds of the state in one or more series and in principal 1301 |
---|
| 1787 | + | amounts, not exceeding in the aggregate [two billion sixty-five] two 1302 |
---|
| 1788 | + | billion one hundred seventy million one hundred twenty-five thousand 1303 |
---|
| 1789 | + | nine hundred seventy-six dollars, provided [one hundred] sixty-five 1304 |
---|
| 1790 | + | million dollars of said authorization shall be effective July 1, [2022] 2024. 1305 |
---|
| 1791 | + | Sec. 61. Subsection (d) of section 22a-483 of the general statutes is 1306 |
---|
| 1792 | + | repealed and the following is substituted in lieu thereof (Effective July 1, 1307 |
---|
| 1793 | + | 2024): 1308 |
---|
| 1794 | + | (d) Notwithstanding the foregoing, nothing herein shall preclude the 1309 |
---|
| 1795 | + | State Bond Commission from authorizing the issuance of revenue 1310 |
---|
| 1796 | + | bonds, in principal amounts not exceeding in the aggregate [four billion 1311 |
---|
| 1797 | + | four hundred eighty-six] four billion five hundred eleven million eighty 1312 |
---|
| 1798 | + | thousand dollars, [provided two hundred thirty-seven million dollars 1313 |
---|
| 1799 | + | of said authorization shall be effective July 1, 2022,] that are not general 1314 |
---|
| 1800 | + | obligations of the state of Connecticut to which the full faith and credit 1315 |
---|
| 1801 | + | of the state of Connecticut are pledged for the payment of the principal 1316 |
---|
| 1802 | + | and interest. Such revenue bonds shall mature at such time or times not 1317 |
---|
| 1803 | + | exceeding thirty years from their respective dates as may be provided 1318 |
---|
| 1804 | + | in or pursuant to the resolution or resolutions of the State Bond 1319 |
---|
| 1805 | + | Commission authorizing such revenue bonds. The revenue bonds, 1320 |
---|
| 1806 | + | revenue state bond anticipation notes and revenue state grant 1321 |
---|
| 1807 | + | anticipation notes authorized to be issued under sections 22a-475 to 1322 |
---|
| 1808 | + | 22a-483, inclusive, shall be special obligations of the state and shall not 1323 |
---|
| 1809 | + | be payable from nor charged upon any funds other than the revenues 1324 |
---|
| 1810 | + | or other receipts, funds or moneys pledged therefor as provided in said 1325 |
---|
| 1811 | + | sections 22a-475 to 22a-483, inclusive, including the repayment of 1326 |
---|
| 1812 | + | municipal loan obligations; nor shall the state or any political 1327 |
---|
| 1813 | + | subdivision thereof be subject to any liability thereon except to the 1328 |
---|
| 1814 | + | extent of such pledged revenues or the receipts, funds or moneys 1329 |
---|
| 1815 | + | pledged therefor as provided in said sections 22a-475 to 22a-483, 1330 Governor's Bill No. 980 |
---|
| 1816 | + | |
---|
| 1817 | + | |
---|
| 1818 | + | |
---|
| 1819 | + | LCO No. 4023 49 of 56 |
---|
| 1820 | + | |
---|
| 1821 | + | inclusive. The issuance of revenue bonds, revenue state bond 1331 |
---|
| 1822 | + | anticipation notes and revenue state grant anticipation notes under the 1332 |
---|
| 1823 | + | provisions of said sections 22a-475 to 22a-483, inclusive, shall not 1333 |
---|
| 1824 | + | directly or indirectly or contingently obligate the state or any political 1334 |
---|
| 1825 | + | subdivision thereof to levy or to pledge any form of taxation whatever 1335 |
---|
| 1826 | + | therefor or to make any appropriation for their payment. The revenue 1336 |
---|
| 1827 | + | bonds, revenue state bond anticipation notes and revenue state grant 1337 |
---|
| 1828 | + | anticipation notes shall not constitute a charge, lien or encumbrance, 1338 |
---|
| 1829 | + | legal or equitable, upon any property of the state or of any political 1339 |
---|
| 1830 | + | subdivision thereof, except the property mortgaged or otherwise 1340 |
---|
| 1831 | + | encumbered under the provisions and for the purposes of said sections 1341 |
---|
| 1832 | + | 22a-475 to 22a-483, inclusive. The substance of such limitation shall be 1342 |
---|
| 1833 | + | plainly stated on the face of each revenue bond, revenue state bond 1343 |
---|
| 1834 | + | anticipation note and revenue state grant anticipation note issued 1344 |
---|
| 1835 | + | pursuant to said sections 22a-475 to 22a-483, inclusive, shall not be 1345 |
---|
| 1836 | + | subject to any statutory limitation on the indebtedness of the state and 1346 |
---|
| 1837 | + | such revenue bonds, revenue state bond anticipation notes and revenue 1347 |
---|
| 1838 | + | state grant anticipation notes, when issued, shall not be included in 1348 |
---|
| 1839 | + | computing the aggregate indebtedness of the state in respect to and to 1349 |
---|
| 1840 | + | the extent of any such limitation. As part of the contract of the state with 1350 |
---|
| 1841 | + | the owners of such revenue bonds, revenue state bond anticipation 1351 |
---|
| 1842 | + | notes and revenue state grant anticipation notes, all amounts necessary 1352 |
---|
| 1843 | + | for the punctual payment of the debt service requirements with respect 1353 |
---|
| 1844 | + | to such revenue bonds, revenue state bond anticipation notes and 1354 |
---|
| 1845 | + | revenue state grant anticipation notes shall be deemed appropriated, 1355 |
---|
| 1846 | + | but only from the sources pledged pursuant to said sections 22a-475 to 1356 |
---|
| 1847 | + | 22a-483, inclusive. The proceeds of such revenue bonds or notes may be 1357 |
---|
| 1848 | + | deposited in the Clean Water Fund for use in accordance with the 1358 |
---|
| 1849 | + | permitted uses of such fund. Any expense incurred in connection with 1359 |
---|
| 1850 | + | the carrying out of the provisions of this section, including the costs of 1360 |
---|
| 1851 | + | issuance of revenue bonds, revenue state bond anticipation notes and 1361 |
---|
| 1852 | + | revenue state grant anticipation notes may be paid from the accrued 1362 |
---|
| 1853 | + | interest and premiums or from any other proceeds of the sale of such 1363 |
---|
| 1854 | + | revenue bonds, revenue state bond anticipation notes or revenue state 1364 |
---|
| 1855 | + | grant anticipation notes and in the same manner as other obligations of 1365 Governor's Bill No. 980 |
---|
| 1856 | + | |
---|
| 1857 | + | |
---|
| 1858 | + | |
---|
| 1859 | + | LCO No. 4023 50 of 56 |
---|
| 1860 | + | |
---|
| 1861 | + | the state. All provisions of subsections (g), (k), (l), (s) and (u) of section 1366 |
---|
| 1862 | + | 3-20 or the exercise of any right or power granted thereby which are not 1367 |
---|
| 1863 | + | inconsistent with the provisions of said sections 22a-475 to 22a-483, 1368 |
---|
| 1864 | + | inclusive, are hereby adopted and shall apply to all revenue bonds, state 1369 |
---|
| 1865 | + | revenue bond anticipation notes and state revenue grant anticipation 1370 |
---|
| 1866 | + | notes authorized by the State Bond Commission pursuant to said 1371 |
---|
| 1867 | + | sections 22a-475 to 22a-483, inclusive. For the purposes of subsection (o) 1372 |
---|
| 1868 | + | of section 3-20, "bond act" shall be construed to include said sections 1373 |
---|
| 1869 | + | 22a-475 to 22a-483, inclusive. 1374 |
---|
| 1870 | + | Sec. 62. Subsection (a) of section 23-103 of the general statutes is 1375 |
---|
| 1871 | + | repealed and the following is substituted in lieu thereof (Effective July 1, 1376 |
---|
| 1872 | + | 2023): 1377 |
---|
| 1873 | + | (a) For the purposes described in subsection (b) of this section, the 1378 |
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| 1874 | + | State Bond Commission shall have the power, from time to time to 1379 |
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| 1875 | + | authorize the issuance of bonds of the state in one or more series and in 1380 |
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| 1876 | + | principal amounts not exceeding in the aggregate [twenty-two million 1381 |
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| 1877 | + | dollars] thirty-two million dollars, provided five million dollars of said 1382 |
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| 1878 | + | authorization shall be effective July 1, 2024. 1383 |
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| 1879 | + | Sec. 63. Subsection (b) of section 32-235 of the general statutes is 1384 |
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| 1880 | + | repealed and the following is substituted in lieu thereof (Effective July 1, 1385 |
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| 1881 | + | 2023): 1386 |
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| 1882 | + | (b) The proceeds of the sale of said bonds, to the extent of the amount 1387 |
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| 1883 | + | stated in subsection (a) of this section, shall be used by the Department 1388 |
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| 1884 | + | of Economic and Community Development (1) for the purposes of 1389 |
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| 1885 | + | sections 32-220 to 32-234, inclusive, including economic cluster-related 1390 |
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| 1886 | + | programs and activities, and for the Connecticut job training finance 1391 |
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| 1887 | + | demonstration program pursuant to sections 32-23uu and 32-23vv, 1392 |
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| 1888 | + | provided (A) three million dollars shall be used by said department 1393 |
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| 1889 | + | solely for the purposes of section 32-23uu, (B) not less than one million 1394 |
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| 1890 | + | dollars shall be used for an educational technology grant to the 1395 |
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| 1891 | + | deployment center program and the nonprofit business consortium 1396 |
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| 1892 | + | deployment center approved pursuant to section 32-41l, (C) not less 1397 Governor's Bill No. 980 |
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| 1893 | + | |
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| 1894 | + | |
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| 1895 | + | |
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| 1896 | + | LCO No. 4023 51 of 56 |
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| 1897 | + | |
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| 1898 | + | than two million dollars shall be used by said department for the 1398 |
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| 1899 | + | establishment of a pilot program to make grants to businesses in 1399 |
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| 1900 | + | designated areas of the state for construction, renovation or 1400 |
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| 1901 | + | improvement of small manufacturing facilities, provided such grants 1401 |
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| 1902 | + | are matched by the business, a municipality or another financing entity. 1402 |
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| 1903 | + | The Commissioner of Economic and Community Development shall 1403 |
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| 1904 | + | designate areas of the state where manufacturing is a substantial part of 1404 |
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| 1905 | + | the local economy and shall make grants under such pilot program 1405 |
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| 1906 | + | which are likely to produce a significant economic development benefit 1406 |
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| 1907 | + | for the designated area, (D) five million dollars may be used by said 1407 |
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| 1908 | + | department for the manufacturing competitiveness grants program, (E) 1408 |
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| 1909 | + | one million dollars shall be used by said department for the purpose of 1409 |
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| 1910 | + | a grant to the Connecticut Center for Advanced Technology, for the 1410 |
---|
| 1911 | + | purposes of subdivision (5) of subsection (a) of section 32-7f, (F) fifty 1411 |
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| 1912 | + | million dollars shall be used by said department for the purpose of 1412 |
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| 1913 | + | grants to the United States Department of the Navy, the United States 1413 |
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| 1914 | + | Department of Defense or eligible applicants for projects related to the 1414 |
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| 1915 | + | enhancement of infrastructure for long-term, on-going naval operations 1415 |
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| 1916 | + | at the United States Naval Submarine Base-New London, located in 1416 |
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| 1917 | + | Groton, which will increase the military value of said base. Such projects 1417 |
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| 1918 | + | shall not be subject to the provisions of sections 4a-60 and 4a-60a, (G) 1418 |
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| 1919 | + | two million dollars shall be used by said department for the purpose of 1419 |
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| 1920 | + | a grant to the Connecticut Center for Advanced Technology, Inc., for 1420 |
---|
| 1921 | + | manufacturing initiatives, including aerospace and defense, and (H) 1421 |
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| 1922 | + | four million dollars shall be used by said department for the purpose of 1422 |
---|
| 1923 | + | a grant to companies adversely impacted by the construction at the 1423 |
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| 1924 | + | Quinnipiac Bridge, where such grant may be used to offset the increase 1424 |
---|
| 1925 | + | in costs of commercial overland transportation of goods or materials 1425 |
---|
| 1926 | + | brought to the port of New Haven by ship or vessel, (2) for the purposes 1426 |
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| 1927 | + | of the small business assistance program established pursuant to section 1427 |
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| 1928 | + | 32-9yy, provided fifteen million dollars shall be deposited in the small 1428 |
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| 1929 | + | business assistance account established pursuant to said section 32-9yy, 1429 |
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| 1930 | + | (3) to deposit twenty million dollars in the small business express 1430 |
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| 1931 | + | assistance account established pursuant to section 32-7h, (4) to deposit 1431 |
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| 1932 | + | four million nine hundred thousand dollars per year in each of the fiscal 1432 Governor's Bill No. 980 |
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| 1933 | + | |
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| 1934 | + | |
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| 1935 | + | |
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| 1936 | + | LCO No. 4023 52 of 56 |
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| 1937 | + | |
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| 1938 | + | years ending June 30, 2017, to June 30, 2019, inclusive, and June 30, 2021, 1433 |
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| 1939 | + | and nine million nine hundred thousand dollars in the fiscal year ending 1434 |
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| 1940 | + | June 30, 2020, in the CTNext Fund established pursuant to section 32-1435 |
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| 1941 | + | 39i, which shall be used by CTNext to provide grants-in-aid to 1436 |
---|
| 1942 | + | designated innovation places, as defined in section 32-39j, planning 1437 |
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| 1943 | + | grants-in-aid pursuant to section 32-39l, and grants-in-aid for projects 1438 |
---|
| 1944 | + | that network innovation places pursuant to subsection (b) of section 32-1439 |
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| 1945 | + | 39m, provided not more than three million dollars be used for grants-1440 |
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| 1946 | + | in-aid for such projects, and further provided any portion of any such 1441 |
---|
| 1947 | + | deposit that remains unexpended in a fiscal year subsequent to the date 1442 |
---|
| 1948 | + | of such deposit may be used by CTNext for any purpose described in 1443 |
---|
| 1949 | + | subsection (e) of section 32-39i, (5) to deposit two million dollars per 1444 |
---|
| 1950 | + | year in each of the fiscal years ending June 30, 2019, to June 30, 2021, 1445 |
---|
| 1951 | + | inclusive, in the CTNext Fund established pursuant to section 32-39i, 1446 |
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| 1952 | + | which shall be used by CTNext for the purpose of providing higher 1447 |
---|
| 1953 | + | education entrepreneurship grants-in-aid pursuant to section 32-39g, 1448 |
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| 1954 | + | provided any portion of any such deposit that remains unexpended in 1449 |
---|
| 1955 | + | a fiscal year subsequent to the date of such deposit may be used by 1450 |
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| 1956 | + | CTNext for any purpose described in subsection (e) of section 32-39i, (6) 1451 |
---|
| 1957 | + | for the purpose of funding the costs of the Technology Talent Advisory 1452 |
---|
| 1958 | + | Committee established pursuant to section 32-7p, provided [two million 1453 |
---|
| 1959 | + | dollars per year in each of the fiscal years ending June 30, 2017, to June 1454 |
---|
| 1960 | + | 30, 2021, inclusive, shall be used] not more than ten million dollars may 1455 |
---|
| 1961 | + | be used on or after July 1, 2023, for such purpose, (7) to provide (A) a 1456 |
---|
| 1962 | + | grant-in-aid to the Connecticut Supplier Connection in an amount equal 1457 |
---|
| 1963 | + | to two hundred fifty thousand dollars in each of the fiscal years ending 1458 |
---|
| 1964 | + | June 30, 2017, to June 30, 2021, inclusive, and (B) a grant-in-aid to the 1459 |
---|
| 1965 | + | Connecticut Procurement Technical Assistance Program in an amount 1460 |
---|
| 1966 | + | equal to three hundred thousand dollars in each of the fiscal years 1461 |
---|
| 1967 | + | ending June 30, 2017, to June 30, 2021, inclusive, (8) to deposit four 1462 |
---|
| 1968 | + | hundred fifty thousand dollars per year, in each of the fiscal years 1463 |
---|
| 1969 | + | ending June 30, 2017, to June 30, 2021, inclusive, in the CTNext Fund 1464 |
---|
| 1970 | + | established pursuant to section 32-39i, which shall be used by CTNext 1465 |
---|
| 1971 | + | to provide growth grants-in-aid pursuant to section 32-39g, provided 1466 |
---|
| 1972 | + | any portion of any such deposit that remains unexpended in a fiscal year 1467 Governor's Bill No. 980 |
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| 1973 | + | |
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| 1974 | + | |
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| 1975 | + | |
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| 1976 | + | LCO No. 4023 53 of 56 |
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| 1977 | + | |
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| 1978 | + | subsequent to the date of such deposit may be used by CTNext for any 1468 |
---|
| 1979 | + | purpose described in subsection (e) of section 32-39i, (9) to transfer fifty 1469 |
---|
| 1980 | + | million dollars to the Labor Department which shall be used by said 1470 |
---|
| 1981 | + | department for the purpose of funding workforce pipeline programs 1471 |
---|
| 1982 | + | selected pursuant to section 31-11rr, provided, notwithstanding the 1472 |
---|
| 1983 | + | provisions of section 31-11rr, (A) not less than five million dollars shall 1473 |
---|
| 1984 | + | be provided to the workforce development board in Bridgeport serving 1474 |
---|
| 1985 | + | the southwest region, for purposes of such program, and the board shall 1475 |
---|
| 1986 | + | distribute such money in proportion to population and need, and (B) 1476 |
---|
| 1987 | + | not less than five million dollars shall be provided to the workforce 1477 |
---|
| 1988 | + | development board in Hartford serving the north central region, for 1478 |
---|
| 1989 | + | purposes of such program, (10) to transfer twenty million dollars to 1479 |
---|
| 1990 | + | Connecticut Innovations, Incorporated, provided ten million dollars 1480 |
---|
| 1991 | + | shall be used by Connecticut Innovations, Incorporated for the purpose 1481 |
---|
| 1992 | + | of the proof of concept fund established pursuant to subsection (b) of 1482 |
---|
| 1993 | + | section 32-39x and ten million dollars shall be used by Connecticut 1483 |
---|
| 1994 | + | Innovations, Incorporated for the purpose of the venture capital fund 1484 |
---|
| 1995 | + | program established pursuant to section 32-41oo. Not later than thirty 1485 |
---|
| 1996 | + | days prior to any use of unexpended funds under subdivision (4), (5) or 1486 |
---|
| 1997 | + | (8) of this subsection, the CTNext board of directors shall provide notice 1487 |
---|
| 1998 | + | of and the reason for such use to the joint standing committees of the 1488 |
---|
| 1999 | + | General Assembly having cognizance of matters relating to commerce 1489 |
---|
| 2000 | + | and finance, revenue and bonding. 1490 |
---|
| 2001 | + | Sec. 64. Subsection (a) of section 85 of public act 13-3, as amended by 1491 |
---|
| 2002 | + | section 74 of public act 14-98, section 67 of public act 15-1 of the June 1492 |
---|
| 2003 | + | special session, section 26 of public act 18-178, section 74 of public act 1493 |
---|
| 2004 | + | 20-1 and section 62 of public act 21-111, is amended to read as follows 1494 |
---|
| 2005 | + | (Effective July 1, 2023): 1495 |
---|
| 2006 | + | (a) For the purposes described in subsection (b) of this section, the 1496 |
---|
| 2007 | + | State Bond Commission shall have the power from time to time to 1497 |
---|
| 2008 | + | authorize the issuance of bonds of the state in one or more series and in 1498 |
---|
| 2009 | + | principal amounts not exceeding in the aggregate [eighty-seven] one 1499 |
---|
| 2010 | + | hundred seven million dollars, provided ten million dollars of said 1500 |
---|
| 2011 | + | authorization shall be effective July 1, [2022] 2024. 1501 Governor's Bill No. 980 |
---|
| 2012 | + | |
---|
| 2013 | + | |
---|
| 2014 | + | |
---|
| 2015 | + | LCO No. 4023 54 of 56 |
---|
| 2016 | + | |
---|
| 2017 | + | Sec. 65. Subdivision (2) of subsection (e) of section 21 of public act 21-1502 |
---|
| 2018 | + | 111 is amended to read as follows (Effective from passage): 1503 |
---|
| 2019 | + | (2) For the purpose of funding projects in state buildings and assets 1504 |
---|
| 2020 | + | that result in decreased environmental impacts, including projects: That 1505 |
---|
| 2021 | + | improve energy efficiency pursuant to section 16a-38l of the general 1506 |
---|
| 2022 | + | statutes; that reduce greenhouse gas emissions from building heating 1507 |
---|
| 2023 | + | and cooling, including installation of renewable thermal heating 1508 |
---|
| 2024 | + | systems; that expand electric vehicle charging infrastructure to support 1509 |
---|
| 2025 | + | charging on state [owned or leased electric vehicles] property; that 1510 |
---|
| 2026 | + | reduce water use; that reduce waste generation and disposal; or for any 1511 |
---|
| 2027 | + | renewable energy, or combined heat and power project in state 1512 |
---|
| 2028 | + | buildings, not exceeding $10,000,000. 1513 |
---|
| 2029 | + | Sec. 66. (NEW) (Effective July 1, 2023) Any proceeds from the sale of 1514 |
---|
| 2030 | + | bonds for CareerConneCT workforce training programs, described in 1515 |
---|
| 2031 | + | subdivision (4) of subsection (c) of section 13 of public act 21-111 and 1516 |
---|
| 2032 | + | subdivision (4) of subsection (c) of section 32 of public act 21-111, shall 1517 |
---|
| 2033 | + | be allocated to the Office of Workforce Strategy and such agency shall 1518 |
---|
| 2034 | + | be responsible for administering such programs. 1519 |
---|