Connecticut 2024 Regular Session

Connecticut Senate Bill SB00010 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
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3		-	LCO 1 of 39
	3	+	LCO No. 294 1 of 14
4	4
5		-	General Assembly ~~Substitute~~ Bill No. 10
	5	+	General Assembly Governor's Bill No. 10
6	6		February Session, 2024
	7	+	LCO No. 294
	8	+
	9	+
	10	+	Referred to Committee on FINANCE, REVENUE AND
	11	+	BONDING
	12	+
	13	+
	14	+	Introduced by:
	15	+	Request of the Governor Pursuant
	16	+	to Joint Rule 9
7	17
8	18
9	19
10	20
11	21
12	22		AN ACT AUTHORIZING AND ADJUSTING BONDS OF THE STATE.
13	23		Be it enacted by the Senate and House of Representatives in General
14	24		Assembly convened:
15	25
16	26		Section 1. (Effective July 1, 2024) The State Bond Commission shall 1
17	27		have power, in accordance with the provisions of this section and 2
18	28		sections 2 to 7, inclusive, of this act, from time to time to authorize the 3
19	29		issuance of bonds of the state in one or more series and in principal 4
20		-	amounts in the aggregate not exceeding $51,~~400~~,000. 5
	30	+	amounts in the aggregate not exceeding $99,100,000. 5
21	31		Sec. 2. (Effective July 1, 2024) The proceeds of the sale of bonds 6
22	32		described in sections 1 to 7, inclusive, of this act, to the extent hereinafter 7
23	33		stated, shall be used for the purpose of acquiring, by purchase or 8
24	34		condemnation, undertaking, constructing, reconstructing, improving or 9
25	35		equipping, or purchasing land or buildings or improving sites for the 10
26	36		projects hereinafter described, including payment of architectural, 11
27	37		engineering, demolition or related costs in connection therewith, or of 12
28	38		payment of the cost of long-range capital programming and space 13
29		-	utilization studies as hereinafter stated: 14
	39	+	utilization studies as hereinafter stated: 14 Governor's Bill No. 10
	40	+
	41	+
	42	+
	43	+	LCO No. 294 2 of 14
	44	+
30	45		(a) For the Department of Administrative Services: 15
31	46		(1) Reimbursement for environmental remediation at the former 16
32	47		Long Lane School in Middletown, in accordance with public act 99-26, 17
33		-	not exceeding $20,000,000; 18 Substitute Bill No. 10
	48	+	not exceeding $14,100,000; 18
	49	+	(2) Renovations and improvements for an opportunity center, not 19
	50	+	exceeding $1,000,000. 20
	51	+	(b) For the Department of Labor: Alterations, renovations and 21
	52	+	improvements to buildings and grounds, including utilities, mechanical 22
	53	+	systems and energy conservation projects, not exceeding $500,000. 23
	54	+	(c) For The University of Connecticut: 24
	55	+	(1) Deferred maintenance, code compliance and infrastructure 25
	56	+	improvements, not exceeding $25,000,000; 26
	57	+	(2) Alterations, renovations and improvements to athletic and 27
	58	+	recreation facilities, not exceeding $8,500,000; 28
	59	+	(3) Building Code repairs and renovations to the Gant Science 29
	60	+	Complex at the Storrs campus, not exceeding $20,000,000; 30
	61	+	(4) Design and engineering of a new life science building at the Storrs 31
	62	+	campus, not exceeding $25,000,000. 32
	63	+	(d) For the Department of Corrections: Alterations, renovations and 33
	64	+	improvements to the Manson Youth Institution in Cheshire, not 34
	65	+	exceeding $5,000,000. 35
	66	+	Sec. 3. (Effective July 1, 2024) All provisions of section 3-20 of the 36
	67	+	general statutes or the exercise of any right or power granted thereby 37
	68	+	which are not inconsistent with the provisions of sections 1 to 7, 38
	69	+	inclusive, of this act are hereby adopted and shall apply to all bonds 39
	70	+	authorized by the State Bond Commission pursuant to sections 1 to 7, 40
	71	+	inclusive, of this act and temporary notes issued in anticipation of the 41
	72	+	money to be derived from the sale of any such bonds so authorized may 42 Governor's Bill No. 10
34	73
35	74
36		-	LCO 2 of 39
37	75
38		-	(2) Renovations and improvements for an opportunity center, not 19
39		-	exceeding $1,000,000. 20
40		-	(b) For the Labor Department: Alterations, renovations and 21
41		-	improvements to buildings and grounds, including utilities, mechanical 22
42		-	systems and energy conservation projects, not exceeding $5,000,000. 23
43		-	(c) For the Department of Energy and Environmental Protection: 24
44		-	(1) Climate resiliency programs, not exceeding $10,000,000; 25
45		-	(2) Waste diversion programs, not exceeding $10,000,000. 26
46		-	(d) For the Department of Education: Developing or purchasing, and 27
47		-	maintaining, a state-wide educator professional development and in-28
48		-	service training records database, not exceeding $400,000. 29
49		-	(e) For the Department of Correction: Alterations, renovations and 30
50		-	improvements to the Manson Youth Institution in Cheshire, not 31
51		-	exceeding $5,000,000. 32
52		-	Sec. 3. (Effective July 1, 2024) All provisions of section 3-20 of the 33
53		-	general statutes or the exercise of any right or power granted thereby 34
54		-	which are not inconsistent with the provisions of sections 1 to 7, 35
55		-	inclusive, of this act are hereby adopted and shall apply to all bonds 36
56		-	authorized by the State Bond Commission pursuant to sections 1 to 7, 37
57		-	inclusive, of this act and temporary notes issued in anticipation of the 38
58		-	money to be derived from the sale of any such bonds so authorized may 39
59		-	be issued in accordance with said section 3-20 and from time to time 40
60		-	renewed. Such bonds shall mature at such time or times not exceeding 41
61		-	twenty years from their respective dates as may be provided in or 42
62		-	pursuant to the resolution or resolutions of the State Bond Commission 43
63		-	authorizing such bonds. 44
64		-	Sec. 4. (Effective July 1, 2024) None of the bonds described in sections 45
65		-	1 to 7, inclusive, of this act shall be authorized except upon a finding by 46
66		-	the State Bond Commission that there has been filed with it a request for 47
67		-	such authorization, which is signed by the Secretary of the Office of 48 Substitute Bill No. 10
	76	+	LCO No. 294 3 of 14
	77	+
	78	+	be issued in accordance with said section 3-20 and from time to time 43
	79	+	renewed. Such bonds shall mature at such time or times not exceeding 44
	80	+	twenty years from their respective dates as may be provided in or 45
	81	+	pursuant to the resolution or resolutions of the State Bond Commission 46
	82	+	authorizing such bonds. 47
	83	+	Sec. 4. (Effective July 1, 2024) None of the bonds described in sections 48
	84	+	1 to 7, inclusive, of this act shall be authorized except upon a finding by 49
	85	+	the State Bond Commission that there has been filed with it a request for 50
	86	+	such authorization, which is signed by the Secretary of the Office of 51
	87	+	Policy and Management or by or on behalf of such state officer, 52
	88	+	department or agency and stating such terms and conditions as said 53
	89	+	commission, in its discretion, may require. 54
	90	+	Sec. 5. (Effective July 1, 2024) For the purposes of sections 1 to 7, 55
	91	+	inclusive, of this act, "state moneys" means the proceeds of the sale of 56
	92	+	bonds authorized pursuant to said sections 1 to 7, inclusive, or of 57
	93	+	temporary notes issued in anticipation of the moneys to be derived from 58
	94	+	the sale of such bonds. Each request filed as provided in section 4 of this 59
	95	+	act for an authorization of bonds shall identify the project for which the 60
	96	+	proceeds of the sale of such bonds are to be used and expended and, in 61
	97	+	addition to any terms and conditions required pursuant to said section 62
	98	+	4, shall include the recommendation of the person signing such request 63
	99	+	as to the extent to which federal, private or other moneys then available 64
	100	+	or thereafter to be made available for costs in connection with any such 65
	101	+	project should be added to the state moneys available or becoming 66
	102	+	available hereunder for such project. If the request includes a 67
	103	+	recommendation that some amount of such federal, private or other 68
	104	+	moneys should be added to such state moneys, then, if and to the extent 69
	105	+	directed by the State Bond Commission at the time of authorization of 70
	106	+	such bonds, such amount of such federal, private or other moneys then 71
	107	+	available, or thereafter to be made available for costs in connection with 72
	108	+	such project, may be added to any state moneys available or becoming 73
	109	+	available hereunder for such project and shall be used for such project. 74
	110	+	Any other federal, private or other moneys then available or thereafter 75
	111	+	to be made available for costs in connection with such project shall, 76 Governor's Bill No. 10
68	112
69	113
70		-	LCO 3 of 39
71	114
72		-	Policy and Management or by or on behalf of such state officer, 49
73		-	department or agency and stating such terms and conditions as said 50
74		-	commission, in its discretion, may require. 51
75		-	Sec. 5. (Effective July 1, 2024) For the purposes of sections 1 to 7, 52
76		-	inclusive, of this act, "state moneys" means the proceeds of the sale of 53
77		-	bonds authorized pursuant to said sections 1 to 7, inclusive, or of 54
78		-	temporary notes issued in anticipation of the moneys to be derived from 55
79		-	the sale of such bonds. Each request filed as provided in section 4 of this 56
80		-	act for an authorization of bonds shall identify the project for which the 57
81		-	proceeds of the sale of such bonds are to be used and expended and, in 58
82		-	addition to any terms and conditions required pursuant to said section 59
83		-	4, shall include the recommendation of the person signing such request 60
84		-	as to the extent to which federal, private or other moneys then available 61
85		-	or thereafter to be made available for costs in connection with any such 62
86		-	project should be added to the state moneys available or becoming 63
87		-	available hereunder for such project. If the request includes a 64
88		-	recommendation that some amount of such federal, private or other 65
89		-	moneys should be added to such state moneys, then, if and to the extent 66
90		-	directed by the State Bond Commission at the time of authorization of 67
91		-	such bonds, such amount of such federal, private or other moneys then 68
92		-	available, or thereafter to be made available for costs in connection with 69
93		-	such project, may be added to any state moneys available or becoming 70
94		-	available hereunder for such project and shall be used for such project. 71
95		-	Any other federal, private or other moneys then available or thereafter 72
96		-	to be made available for costs in connection with such project shall, 73
97		-	upon receipt, be used by the State Treasurer, in conformity with 74
98		-	applicable federal and state law, to meet the principal of outstanding 75
99		-	bonds issued pursuant to sections 1 to 7, inclusive, of this act, or to meet 76
100		-	the principal of temporary notes issued in anticipation of the money to 77
101		-	be derived from the sale of bonds theretofore authorized pursuant to 78
102		-	said sections 1 to 7, inclusive, for the purpose of financing such costs, 79
103		-	either by purchase or redemption and cancellation of such bonds or 80
104		-	notes or by payment thereof at maturity. Whenever any of the federal, 81
105		-	private or other moneys so received with respect to such project are used 82 Substitute Bill No. 10
	115	+	LCO No. 294 4 of 14
	116	+
	117	+	upon receipt, be used by the State Treasurer, in conformity with 77
	118	+	applicable federal and state law, to meet the principal of outstanding 78
	119	+	bonds issued pursuant to sections 1 to 7, inclusive, of this act, or to meet 79
	120	+	the principal of temporary notes issued in anticipation of the money to 80
	121	+	be derived from the sale of bonds theretofore authorized pursuant to 81
	122	+	said sections 1 to 7, inclusive, for the purpose of financing such costs, 82
	123	+	either by purchase or redemption and cancellation of such bonds or 83
	124	+	notes or by payment thereof at maturity. Whenever any of the federal, 84
	125	+	private or other moneys so received with respect to such project are used 85
	126	+	to meet the principal of such temporary notes or whenever principal of 86
	127	+	any such temporary notes is retired by application of revenue receipts 87
	128	+	of the state, the amount of bonds theretofore authorized in anticipation 88
	129	+	of which such temporary notes were issued, and the aggregate amount 89
	130	+	of bonds which may be authorized pursuant to section 1 of this act, shall 90
	131	+	each be reduced by the amount of the principal so met or retired. 91
	132	+	Pending use of the federal, private or other moneys so received to meet 92
	133	+	principal as hereinabove directed, the amount thereof may be invested 93
	134	+	by the State Treasurer in bonds or obligations of, or guaranteed by, the 94
	135	+	state or the United States or agencies or instrumentalities of the United 95
	136	+	States, shall be deemed to be part of the debt retirement funds of the 96
	137	+	state, and net earnings on such investments shall be used in the same 97
	138	+	manner as the moneys so invested. 98
	139	+	Sec. 6. (Effective July 1, 2024) Any balance of proceeds of the sale of 99
	140	+	said bonds authorized for any project described in section 2 of this act 100
	141	+	in excess of the cost of such project may be used to complete any other 101
	142	+	project described in said section 2, if the State Bond Commission shall 102
	143	+	so determine and direct. Any balance of proceeds of the sale of said 103
	144	+	bonds in excess of the costs of all the projects described in said section 2 104
	145	+	shall be deposited to the credit of the General Fund. 105
	146	+	Sec. 7. (Effective July 1, 2024) The bonds issued pursuant to this section 106
	147	+	and sections 1 to 6, inclusive, of this act shall be general obligations of 107
	148	+	the state and the full faith and credit of the state of Connecticut are 108
	149	+	pledged for the payment of the principal of and interest on said bonds 109
	150	+	as the same become due, and accordingly and as part of the contract of 110 Governor's Bill No. 10
106	151
107	152
108		-	LCO 4 of 39
109	153
110		-	to meet the principal of such temporary notes or whenever principal of 83
111		-	any such temporary notes is retired by application of revenue receipts 84
112		-	of the state, the amount of bonds theretofore authorized in anticipation 85
113		-	of which such temporary notes were issued, and the aggregate amount 86
114		-	of bonds which may be authorized pursuant to section 1 of this act, shall 87
115		-	each be reduced by the amount of the principal so met or retired. 88
116		-	Pending use of the federal, private or other moneys so received to meet 89
117		-	principal as hereinabove directed, the amount thereof may be invested 90
118		-	by the State Treasurer in bonds or obligations of, or guaranteed by, the 91
119		-	state or the United States or agencies or instrumentalities of the United 92
120		-	States, shall be deemed to be part of the debt retirement funds of the 93
121		-	state, and net earnings on such investments shall be used in the same 94
122		-	manner as the moneys so invested. 95
123		-	Sec. 6. (Effective July 1, 2024) Any balance of proceeds of the sale of 96
124		-	said bonds authorized for any project described in section 2 of this act 97
125		-	in excess of the cost of such project may be used to complete any other 98
126		-	project described in said section 2, if the State Bond Commission shall 99
127		-	so determine and direct. Any balance of proceeds of the sale of said 100
128		-	bonds in excess of the costs of all the projects described in said section 2 101
129		-	shall be deposited to the credit of the General Fund. 102
130		-	Sec. 7. (Effective July 1, 2024) The bonds issued pursuant to this section 103
131		-	and sections 1 to 6, inclusive, of this act shall be general obligations of 104
132		-	the state and the full faith and credit of the state of Connecticut are 105
133		-	pledged for the payment of the principal of and interest on said bonds 106
134		-	as the same become due, and accordingly and as part of the contract of 107
135		-	the state with the holders of said bonds, appropriation of all amounts 108
136		-	necessary for punctual payment of such principal and interest is hereby 109
137		-	made, and the State Treasurer shall pay such principal and interest as 110
138		-	the same become due. 111
139		-	Sec. 8. (Effective July 1, 2024) The State Bond Commission shall have 112
140		-	power, in accordance with the provisions of this section and sections 9 113
141		-	to 15, inclusive, of this act, from time to time to authorize the issuance 114
142		-	of bonds of the state in one or more series and in principal amounts in 115 Substitute Bill No. 10
	154	+	LCO No. 294 5 of 14
	155	+
	156	+	the state with the holders of said bonds, appropriation of all amounts 111
	157	+	necessary for punctual payment of such principal and interest is hereby 112
	158	+	made, and the State Treasurer shall pay such principal and interest as 113
	159	+	the same become due. 114
	160	+	Sec. 8. Subsection (a) of section 10a-109d of the 2024 supplement to 115
	161	+	the general statutes is repealed and the following is substituted in lieu 116
	162	+	thereof (Effective from passage): 117
	163	+	(a) In order for the university to construct and issue securities for 118
	164	+	UConn 2000 and to otherwise carry out its responsibilities and 119
	165	+	requirements under sections 10a-109a to 10a-109y, inclusive, the 120
	166	+	university shall have the following powers, which powers shall be 121
	167	+	independent of and in addition to any other powers of the university 122
	168	+	under state law: 123
	169	+	(1) To have perpetual succession as a body politic and corporate and 124
	170	+	an instrumentality and agency of the state pursuant to section 10a-109v; 125
	171	+	(2) To adopt and have an official seal and alter it at pleasure; 126
	172	+	(3) To contract and be contracted with, sue, be indemnified, insure its 127
	173	+	assets, activities or actions or be a self-insurer and institute, prosecute, 128
	174	+	maintain and defend any action or proceeding in any court or before 129
	175	+	any agency or tribunal of competent jurisdiction; 130
	176	+	(4) To indemnify and be sued, solely pursuant to subsection (a) of 131
	177	+	section 10a-109o; 132
	178	+	(5) To retain by contract or employ architects, accountants, engineers, 133
	179	+	legal and securities counsel in accordance with the provisions of 134
	180	+	subparagraph (F) of subdivision (4) of subsection (e) of section 10a-109n, 135
	181	+	and other professional and technical consultants and advisers; provided 136
	182	+	the university shall continue to be subject to audit, including its 137
	183	+	operations under sections 10a-109a to 10a-109y, inclusive, pursuant to 138
	184	+	section 2-90, and provided further, financial advisers, underwriters, 139
	185	+	counsel, trustee, if any, and other financial consultants retained in 140 Governor's Bill No. 10
143	186
144	187
145		-	LCO 5 of 39
146	188
147		-	the aggregate, not exceeding $55,000,000. 116
148		-	Sec. 9. (Effective July 1, 2024) The proceeds of the sale of the bonds 117
149		-	described in sections 8 to 15, inclusive, of this act shall be used for the 118
150		-	purpose of providing grants-in-aid and other financing for the projects, 119
151		-	programs and purposes hereinafter stated: 120
152		-	(a) For the Office of Policy and Management: For transit-oriented 121
153		-	development and predevelopment activities, not exceeding $2,000,000. 122
154		-	(b) For the Department of Economic and Community Development: 123
155		-	(1) Grants-in-aid for the America 250 semiquincentennial initiative, 124
156		-	not exceeding $35,000,000; 125
157		-	(2) Grants-in-aid to nonprofit organizations sponsoring cultural and 126
158		-	historic sites, not exceeding $2,000,000. 127
159		-	(c) For the Department of Housing: Grants-in-aid for homelessness 128
160		-	assistance capital improvements, not exceeding $15,000,000. 129
161		-	(d) For the Department of Aging and Disability Services: Grants-in-130
162		-	aid for aging in place, not exceeding $1,000,000. 131
163		-	Sec. 10. (Effective July 1, 2024) All provisions of section 3-20 of the 132
164		-	general statutes or the exercise of any right or power granted thereby 133
165		-	which are not inconsistent with the provisions of sections 8 to 15, 134
166		-	inclusive, of this act are hereby adopted and shall apply to all bonds 135
167		-	authorized by the State Bond Commission pursuant to sections 8 to 15, 136
168		-	inclusive, of this act and temporary notes issued in anticipation of the 137
169		-	money to be derived from the sale of any such bonds so authorized may 138
170		-	be issued in accordance with said sections 8 to 15, inclusive, and from 139
171		-	time to time renewed. Such bonds shall mature at such time or times not 140
172		-	exceeding twenty years from their respective dates as may be provided 141
173		-	in or pursuant to the resolution or resolutions of the State Bond 142
174		-	Commission authorizing such bonds. 143
175		-	Sec. 11. (Effective July 1, 2024) None of the bonds described in sections 144 Substitute Bill No. 10
	189	+	LCO No. 294 6 of 14
	190	+
	191	+	connection with the offering and sale of securities shall be selected in 141
	192	+	consultation with the university, in the same manner as for state general 142
	193	+	obligation bonds; 143
	194	+	(6) To plan, design, acquire, construct, build, enlarge, alter, 144
	195	+	reconstruct, renovate, improve, equip, own, operate, maintain, dispose 145
	196	+	of and demolish any project or projects, or any combination of projects, 146
	197	+	including without limitation any contract in furtherance of UConn 2000, 147
	198	+	notwithstanding the provisions of subsections (b) and (c) of section 10a-148
	199	+	105 or any other provisions of the general statutes regarding the powers 149
	200	+	of the university to undertake capital projects and purchase personal 150
	201	+	property; 151
	202	+	(7) To acquire by purchase, contract, lease, long-term lease or gift, and 152
	203	+	hold or dispose of, real or personal property or rights or interests in any 153
	204	+	such property and to hold, sell, assign, lease, rent, encumber, other than 154
	205	+	by mortgage, or otherwise dispose of any real or personal property, or 155
	206	+	any interest therein, owned by the university or in its control, custody 156
	207	+	or possession in accordance with section 10a-109n; 157
	208	+	(8) To receive and accept grants, subsidies or loans of money from the 158
	209	+	federal government or a federal agency or instrumentality, the state or 159
	210	+	others, upon such terms and conditions as may be imposed, and to 160
	211	+	pledge the proceeds of grants, subsidies or loans of money received or 161
	212	+	to be received from the federal government or any federal agency or 162
	213	+	instrumentality, the state or others, pursuant to agreements entered into 163
	214	+	between the university and the federal government or any federal 164
	215	+	agency or instrumentality, the state or others, provided (A) such 165
	216	+	property shall be deemed property of the state for purposes of sections 166
	217	+	4a-19 and 4a-20, and (B) the university may insure its property 167
	218	+	independent of the state; 168
	219	+	(9) Notwithstanding the provisions of section 10a-150, to receive and 169
	220	+	accept aid or contributions, from any source, of money, property, labor 170
	221	+	or other things of value, to be held, used and applied to carry out the 171
	222	+	purposes of sections 10a-109a to 10a-109y, inclusive, subject to the 172 Governor's Bill No. 10
176	223
177	224
178		-	LCO 6 of 39
179	225
180		-	8 to 15, inclusive, of this act shall be authorized except upon a finding 145
181		-	by the State Bond Commission that there has been filed with it a request 146
182		-	for such authorization, which is signed by the Secretary of the Office of 147
183		-	Policy and Management or by or on behalf of such state officer, 148
184		-	department or agency and stating such terms and conditions as said 149
185		-	commission, in its discretion, may require. 150
186		-	Sec. 12. (Effective July 1, 2024) For the purposes of sections 8 to 15, 151
187		-	inclusive, of this act, "state moneys" means the proceeds of the sale of 152
188		-	bonds authorized pursuant to said sections 8 to 15, inclusive, or of 153
189		-	temporary notes issued in anticipation of the moneys to be derived from 154
190		-	the sale of such bonds. Each request filed as provided in section 11 of 155
191		-	this act for an authorization of bonds shall identify the project for which 156
192		-	the proceeds of the sale of such bonds are to be used and expended and, 157
193		-	in addition to any terms and conditions required pursuant to said 158
194		-	section 11, include the recommendation of the person signing such 159
195		-	request as to the extent to which federal, private or other moneys then 160
196		-	available or thereafter to be made available for costs in connection with 161
197		-	any such project should be added to the state moneys available or 162
198		-	becoming available under said sections 8 to 15, inclusive, for such 163
199		-	project. If the request includes a recommendation that some amount of 164
200		-	such federal, private or other moneys should be added to such state 165
201		-	moneys, then, if and to the extent directed by the State Bond 166
202		-	Commission at the time of authorization of such bonds, such amount of 167
203		-	such federal, private or other moneys then available or thereafter to be 168
204		-	made available for costs in connection with such project may be added 169
205		-	to any state moneys available or becoming available hereunder for such 170
206		-	project and be used for such project. Any other federal, private or other 171
207		-	moneys then available or thereafter to be made available for costs in 172
208		-	connection with such project upon receipt shall, in conformity with 173
209		-	applicable federal and state law, be used by the State Treasurer to meet 174
210		-	the principal of outstanding bonds issued pursuant to said sections 8 to 175
211		-	15, inclusive, or to meet the principal of temporary notes issued in 176
212		-	anticipation of the money to be derived from the sale of bonds 177
213		-	theretofore authorized pursuant to said sections 8 to 15, inclusive, for 178 Substitute Bill No. 10
	226	+	LCO No. 294 7 of 14
	227	+
	228	+	conditions upon which such aid or contributions may be made, 173
	229	+	including, but not limited to, gifts or grants from any department or 174
	230	+	agency of the United States or the state for any purpose consistent with 175
	231	+	said sections; 176
	232	+	(10) To borrow money and issue securities to finance the acquisition, 177
	233	+	construction, reconstruction, improvement or equipping of any one 178
	234	+	project, or more than one, or any combination of projects, or to refund 179
	235	+	securities issued after June 7, 1995, or to refund any such refunding 180
	236	+	securities or for any one, or more than one, or all of those purposes, or 181
	237	+	any combination of those purposes, and to provide for the security and 182
	238	+	payment of those securities and for the rights of the holders of them, 183
	239	+	except that the amount of any such borrowing, the special debt service 184
	240	+	requirements for which are secured by the state debt service 185
	241	+	commitment, exclusive of the amount of borrowing to refund securities, 186
	242	+	or to fund issuance costs or necessary reserves, may not exceed the 187
	243	+	aggregate principal amount of (A) for the fiscal years ending June 30, 188
	244	+	1996, to June 30, 2005, inclusive, one billion thirty million dollars, (B) for 189
	245	+	the fiscal years ending June 30, 2006, to June 30, 2027, inclusive, [three 190
	246	+	billion two hundred eighty-three million] three billion two hundred 191
	247	+	ninety-five million nine hundred thousand dollars, and (C) such 192
	248	+	additional amount or amounts: (i) Required from time to time to fund 193
	249	+	any special capital reserve fund or other debt service reserve fund in 194
	250	+	accordance with the financing transaction proceedings, and (ii) to pay 195
	251	+	or provide for the costs of issuance and capitalized interest, if any; the 196
	252	+	aggregate amounts of subparagraphs (A), (B) and (C) of this subdivision 197
	253	+	are established as the authorized funding amount, and no borrowing 198
	254	+	within the authorized funding amount for a project or projects may be 199
	255	+	effected unless the project or projects are included in accordance with 200
	256	+	subsection (a) of section 10a-109e; 201
	257	+	(11) To make, enter into, execute, deliver and amend any and all 202
	258	+	contracts, including, but not limited to, total cost basis contracts, 203
	259	+	agreements, leases, instruments and documents and perform all acts 204
	260	+	and do all things necessary or convenient to plan, design, acquire, 205
	261	+	construct, build, enlarge, alter, reconstruct, renovate, improve, equip, 206 Governor's Bill No. 10
214	262
215	263
216		-	LCO 7 of 39
217	264
218		-	the purpose of financing such costs, either by purchase or redemption 179
219		-	and cancellation of such bonds or notes or by payment thereof at 180
220		-	maturity. Whenever any of the federal, private or other moneys so 181
221		-	received with respect to such project are used to meet the principal of 182
222		-	such temporary notes or whenever the principal of any such temporary 183
223		-	notes is retired by application of revenue receipts of the state, the 184
224		-	amount of bonds theretofore authorized in anticipation of which such 185
225		-	temporary notes were issued, and the aggregate amount of bonds which 186
226		-	may be authorized pursuant to section 8 of this act shall each be reduced 187
227		-	by the amount of the principal so met or retired. Pending use of the 188
228		-	federal, private or other moneys so received to meet the principal as 189
229		-	directed in this section, the amount thereof may be invested by the State 190
230		-	Treasurer in bonds or obligations of, or guaranteed by, the state or the 191
231		-	United States or agencies or instrumentalities of the United States, shall 192
232		-	be deemed to be part of the debt retirement funds of the state, and net 193
233		-	earnings on such investments shall be used in the same manner as the 194
234		-	moneys so invested. 195
235		-	Sec. 13. (Effective July 1, 2024) The bonds issued pursuant to sections 196
236		-	8 to 15, inclusive, of this act shall be general obligations of the state and 197
237		-	the full faith and credit of the state of Connecticut are pledged for the 198
238		-	payment of the principal of and interest on said bonds as the same 199
239		-	become due, and accordingly and as part of the contract of the state with 200
240		-	the holders of said bonds, appropriation of all amounts necessary for 201
241		-	punctual payment of such principal and interest is hereby made, and 202
242		-	the State Treasurer shall pay such principal and interest as the same 203
243		-	become due. 204
244		-	Sec. 14. (Effective July 1, 2024) In accordance with section 9 of this act, 205
245		-	the state, through the state agencies specified in said section 9, may 206
246		-	provide grants-in-aid and other financings to or for the agencies for the 207
247		-	purposes and projects as described in said section 9. All financing shall 208
248		-	be made in accordance with the terms of a contract at such time or times 209
249		-	as shall be determined within authorization of funds by the State Bond 210
250		-	Commission. 211 Substitute Bill No. 10
	265	+	LCO No. 294 8 of 14
	266	+
	267	+	finance, maintain and operate projects and to carry out the powers 207
	268	+	granted by sections 10a-109a to 10a-109y, inclusive, or reasonably 208
	269	+	implied from those powers; 209
	270	+	(12) Notwithstanding any provision of the general statutes to the 210
	271	+	contrary, including without limitation subsection (a) of section 10a-105, 211
	272	+	to fix and collect fees, tuition, charges, rentals and other charges for 212
	273	+	enrollment and attendance at the university and for the use of projects 213
	274	+	or any part thereof, provided that no tuition or student fee revenue shall 214
	275	+	be used for repairs performed solely to correct code violations that were 215
	276	+	applicable at the time of project completion and were for named projects 216
	277	+	pursuant to section 10a-109e completed prior to January 1, 2007; to 217
	278	+	provide for the promulgation of such reasonable and proper policies 218
	279	+	and procedures as may be necessary to assure the maximum use of the 219
	280	+	facilities of any projects at all times; and 220
	281	+	(13) Notwithstanding the provisions of subsection (b) of section 10a-221
	282	+	105, to provide for or confirm the establishment of various funds and 222
	283	+	accounts respecting university operations, bond proceeds and special 223
	284	+	debt service requirements for securities issued, renewal and 224
	285	+	replacement and insurance, special capital reserve and operating 225
	286	+	reserve, special external gifts, pending receipts, assured revenues, 226
	287	+	project revenues to the extent not otherwise pledged and securing 227
	288	+	outstanding general obligation bonds of the state or other revenues and 228
	289	+	other funds or accounts as may be more particularly required under this 229
	290	+	subdivision and the indentures of trust or resolutions authorizing 230
	291	+	securities and to provide, subject to section 10a-109q and the provisions 231
	292	+	of such indentures or resolutions for the following to be deposited 232
	293	+	therein, as follows: 233
	294	+	(A) All proceeds received from the sale of all securities; 234
	295	+	(B) All fees, tuition, rentals and other charges from students, faculty, 235
	296	+	staff members and others using or being served by, or having the right 236
	297	+	to use or the right to be served by the university or any project; 237
	298	+	(C) All fees for student activities, student services and all other fees, 238 Governor's Bill No. 10
251	299
252	300
253		-	LCO 8 of 39
254	301
255		-	Sec. 15. (Effective July 1, 2024) In the case of any grant-in-aid made 212
256		-	pursuant to subsection (a), (b), (c) or (d) of section 9 of this act that is 213
257		-	made to any entity which is not a political subdivision of the state, the 214
258		-	contract entered into pursuant to section 9 of this act shall provide that 215
259		-	if the premises for which such grant-in-aid was made ceases, within ten 216
260		-	years of the date of such grant, to be used as a facility for which such 217
261		-	grant was made, an amount equal to the amount of such grant, minus 218
262		-	ten per cent per year for each full year which has elapsed since the date 219
263		-	of such grant, shall be repaid to the state and that a lien shall be placed 220
264		-	on such land in favor of the state to ensure that such amount shall be 221
265		-	repaid in the event of such change in use, provided if the premises for 222
266		-	which such grant-in-aid was made are owned by the state, a 223
267		-	municipality or a housing authority, no lien need be placed. 224
268		-	Sec. 16. Subsection (a) of section 7-538 of the 2024 supplement to the 225
269		-	general statutes is repealed and the following is substituted in lieu 226
270		-	thereof (Effective July 1, 2024): 227
271		-	(a) For the purposes described in subsection (b) of this section, the 228
272		-	State Bond Commission shall have the power, from time to time, to 229
273		-	authorize the issuance of bonds of the state in one or more series and in 230
274		-	principal amounts not exceeding in the aggregate [one billion one 231
275		-	hundred sixty million dollars] one billion one hundred seventy-five 232
276		-	million dollars, provided [forty-five] sixty million dollars of said 233
277		-	authorization shall be effective July 1, 2024. 234
278		-	Sec. 17. Subsection (a) of section 8-37mm of the general statutes is 235
279		-	repealed and the following is substituted in lieu thereof (Effective July 1, 236
280		-	2024): 237
281		-	(a) For the purposes described in subsection (b) of this section, the 238
282		-	State Bond Commission shall have the power, from time to time to 239
283		-	authorize the issuance of bonds of the state in one or more series and in 240
284		-	principal amounts not exceeding in the aggregate [thirty million] 241
285		-	eighteen million three hundred twenty-nine thousand nine hundred 242
286		-	ninety-three dollars. [, provided fifteen million dollars of said 243 Substitute Bill No. 10
	302	+	LCO No. 294 9 of 14
	303	+
	304	+	tuition and charges collected from students matriculated, registered or 239
	305	+	otherwise enrolled at and attending the university, pledged under the 240
	306	+	terms of financing transaction proceedings; 241
	307	+	(D) All rentals from any facility or building leased to the federal 242
	308	+	government or any other third party; 243
	309	+	(E) Federal and state grants, gifts, state appropriations and special 244
	310	+	external gift funds; 245
	311	+	(F) All other assured revenues; and 246
	312	+	(G) Project revenues. 247
	313	+	Sec. 9. Subsection (a) of section 10a-109g of the 2024 supplement to 248
	314	+	the general statutes is repealed and the following is substituted in lieu 249
	315	+	thereof (Effective from passage): 250
	316	+	(a) (1) The university is authorized to provide by resolution, at one 251
	317	+	time or from time to time, for the issuance and sale of securities, in its 252
	318	+	own name on behalf of the state, pursuant to section 10a-109f. The board 253
	319	+	of trustees of the university is hereby authorized by such resolution to 254
	320	+	delegate to its finance committee such matters as it may determine 255
	321	+	appropriate other than the authorization and maximum amount of the 256
	322	+	securities to be issued, the nature of the obligation of the securities as 257
	323	+	established pursuant to subsection (c) of this section and the projects for 258
	324	+	which the proceeds are to be used. The finance committee may act on 259
	325	+	such matters unless and until the board of trustees elects to reassume 260
	326	+	the same. The amount of securities the special debt service requirements 261
	327	+	of which are secured by the state debt service commitment that the 262
	328	+	board of trustees is authorized to provide for the issuance and sale in 263
	329	+	accordance with this subsection shall be capped in each fiscal year in the 264
	330	+	following amounts, provided, to the extent the board of trustees does 265
	331	+	not provide for the issuance of all or a portion of such amount in a fiscal 266
	332	+	year, all or such portion, as the case may be, may be carried forward to 267
	333	+	any succeeding fiscal year and provided further, the actual amount for 268
	334	+	funding, paying or providing for the items described in subparagraph 269 Governor's Bill No. 10
287	335
288	336
289		-	LCO 9 of 39
290	337
291		-	authorization shall be effective July 1, 2016.] 244
292		-	Sec. 18. Subdivision (10) of subsection (a) of section 10a-109d of the 245
293		-	2024 supplement to the general statutes is repealed and the following is 246
294		-	substituted in lieu thereof (Effective July 1, 2024): 247
295		-	(10) To borrow money and issue securities to finance the acquisition, 248
296		-	construction, reconstruction, improvement or equipping of any one 249
297		-	project, or more than one, or any combination of projects, or to refund 250
298		-	securities issued after June 7, 1995, or to refund any such refunding 251
299		-	securities or for any one, or more than one, or all of those purposes, or 252
300		-	any combination of those purposes, and to provide for the security and 253
301		-	payment of those securities and for the rights of the holders of them, 254
302		-	except that the amount of any such borrowing, the special debt service 255
303		-	requirements for which are secured by the state debt service 256
304		-	commitment, exclusive of the amount of borrowing to refund securities, 257
305		-	or to fund issuance costs or necessary reserves, may not exceed the 258
306		-	aggregate principal amount of (A) for the fiscal years ending June 30, 259
307		-	1996, to June 30, 2005, inclusive, one billion thirty million dollars, (B) for 260
308		-	the fiscal years ending June 30, 2006, to June 30, [2027] 2029, inclusive, 261
309		-	three billion [two hundred eighty-three million nine hundred thousand 262
310		-	dollars] nine hundred thirty-four million four hundred thousand 263
311		-	dollars, and (C) such additional amount or amounts: (i) Required from 264
312		-	time to time to fund any special capital reserve fund or other debt 265
313		-	service reserve fund in accordance with the financing transaction 266
314		-	proceedings, and (ii) to pay or provide for the costs of issuance and 267
315		-	capitalized interest, if any; the aggregate amounts of subparagraphs (A), 268
316		-	(B) and (C) of this subdivision are established as the authorized funding 269
317		-	amount, and no borrowing within the authorized funding amount for a 270
318		-	project or projects may be effected unless the project or projects are 271
319		-	included in accordance with subsection (a) of section 10a-109e, as 272
320		-	amended by this act; 273
321		-	Sec. 19. Subsection (a) of section 10a-109e of the general statutes is 274
322		-	repealed and the following is substituted in lieu thereof (Effective July 1, 275
323		-	2024): 276 Substitute Bill No. 10
	338	+	LCO No. 294 10 of 14
	339	+
	340	+	(C) of subdivision (10) of subsection (a) of section 10a-109d, as amended 270
	341	+	by this act, may be added to the capped amount in each fiscal year: 271
	342	+	T1
	343	+	Fiscal Year Amount
	344	+	T2
324	345
325	346
326		-	LCO 10 of 39
327		-
328		-	(a) The university may administer, manage, schedule, finance, 277
329		-	further design and construct UConn 2000, to operate and maintain the 278
330		-	components thereof in a prudent and economical manner and to reserve 279
331		-	for and make renewals and replacements thereof when appropriate, it 280
332		-	being hereby determined and found to be in the best interest of the state 281
333		-	and the university to provide this independent authority to the 282
334		-	university along with providing assured revenues therefor as the 283
335		-	efficient and cost effective course to achieve the objective of avoiding 284
336		-	further decline in the physical infrastructure of the university and to 285
337		-	renew, modernize, enhance and maintain such infrastructure, the 286
338		-	particular project or projects, each being hereby approved as a project of 287
339		-	UConn 2000, and the presently estimated cost thereof being as follows: 288
340		-	T1 UConn 2000 Project Phase I Phase II Phase III
341		-	T2 Fiscal Years Fiscal Years Fiscal Years
342	347		T3
343		-	1996-1999 2000-2005
344		-	2005-[2027]
345		-	2029
	348	+	1996 $112,542,000
346	349		T4
347		-	T5 Academic and Research
348		-	T6 Facilities [450,000,000]
349		-	T7 870,000,000
	350	+	1997 112,001,000
	351	+	T5
	352	+	1998 93,146,000
	353	+	T6
	354	+	1999 64,311,000
	355	+	T7
	356	+	2000 130,000,000
350	357		T8
351		-	T9 Agricultural Biotechnology
352		-	T10 Facility 9,400,000
	358	+	2001 100,000,000
	359	+	T9
	360	+	2002 100,000,000
	361	+	T10
	362	+	2003 100,000,000
353	363		T11
354		-	T12 Agricultural Biotechnology
355		-	T13 Facility Completion 10,000,000
	364	+	2004 100,000,000
	365	+	T12
	366	+	2005 100,000,000
	367	+	T13
	368	+	2006 79,000,000
356	369		T14
357		-	T15 Alumni Quadrant
358		-	T16 Renovations 14,338,000
	370	+	2007 89,000,000
	371	+	T15
	372	+	2008 115,000,000
	373	+	T16
	374	+	2009 140,000,000
359	375		T17
360		-	T18 Arjona and Monteith
361		-	T19 (new classroom buildings) 66,100,000
	376	+	2010 0
	377	+	T18
	378	+	2011 138,800,000
	379	+	T19
	380	+	2012 157,200,000
362	381		T20
363		-	T21 Avery Point Campus
364		-	T22 Undergraduate and
365		-	T23 Library Building 35,000,000
	382	+	2013 143,000,000
	383	+	T21
	384	+	2014 204,400,000
	385	+	T22
	386	+	2015 315,500,000
	387	+	T23
	388	+	2016 312,100,000
366	389		T24
367		-	T25 Avery Point Marine
368		-	T26 Science Research Center – Substitute Bill No. 10
	390	+	2017 240,400,000
	391	+	T25
	392	+	2018 200,000,000
	393	+	T26
	394	+	2019 200,000,000
	395	+	T27
	396	+	2020 197,200,000
	397	+	T28
	398	+	2021 260,000,000
	399	+	T29
	400	+	2022 215,500,000
	401	+	T30
	402	+	2023 125,100,000
	403	+	T31
	404	+	2024 84,700,000
	405	+	T32
	406	+	2025 [44,000,000] 56,000,000 Governor's Bill No. 10
369	407
370	408
371		-	LCO 11 of 39
372	409
373		-	T27 Phase I 34,000,000
374		-	T28
375		-	T29 Avery Point Marine
376		-	T30 Science Research Center –
377		-	T31 Phase II 16,682,000
378		-	T32
379		-	T33 Avery Point Renovation 5,600,000 15,000,000
	410	+	LCO No. 294 11 of 14
	411	+
	412	+	T33
	413	+	2026 14,000,000
380	414		T34
381		-	T35 Babbidge Library 0
382		-	T36
383		-	T37 Balancing Contingency 5,506,834
384		-	T38
385		-	T39 Beach Hall Renovations 10,000,000
386		-	T40
387		-	T41 Benton State Art Museum
388		-	T42 Addition 1,400,000 3,000,000
389		-	T43
390		-	T44 Biobehavioral Complex
391		-	T45 Replacement 4,000,000
392		-	T46
393		-	T47 Bishop Renovation 8,000,000
394		-	T48
395		-	T49 Budds Building
396		-	T50 Renovation 2,805,000
397		-	T51
398		-	T52 Business School
399		-	T53 Renovation 4,803,000
400		-	T54
401		-	T55 Chemistry Building 53,700,000
402		-	T56
403		-	T57 Commissary Warehouse 1,000,000
404		-	T58
405		-	T59 Deferred Maintenance/
406		-	T60 Code Compliance/
407		-	T61 ADA Compliance/
408		-	T62 Infrastructure
409		-	T63 Improvements &
410		-	T64 Renovation Lump Sum and
411		-	T65 Utility, Administrative 39,332,000 [805,000,000]
412		-	T66 and Support Facilities 1,023,500,000
413		-	T67
414		-	T68 Deferred Maintenance & Substitute Bill No. 10
	415	+	2027 9,000,000
	416	+
	417	+	(2) Subject to amount limitations of such capping provisions in 272
	418	+	subdivision (1) of this subsection and following approval of such 273
	419	+	resolution as provided in subsection (b) of section 10a-109f, the principal 274
	420	+	amount of the securities authorized therein for such project or projects 275
	421	+	shall be deemed to be an appropriation and allocation of such amount 276
	422	+	for such project or projects, respectively, and such approval by the 277
	423	+	Governor of such resolution shall be deemed the allotment by the 278
	424	+	Governor of such capital outlays within the meaning of section 4-85 and 279
	425	+	the university (A) may award a contract or contracts and incur an 280
	426	+	obligation or obligations with respect to each such project or projects 281
	427	+	authorized pursuant to and within the amount authorized in such 282
	428	+	resolution, notwithstanding that such contract or obligation may at any 283
	429	+	particular time exceed the amount of the proceeds from the sale of 284
	430	+	securities theretofore received by the university, and (B) may issue and 285
	431	+	sell securities respecting such contracts or obligations referred to in 286
	432	+	subparagraph (A) only at such time or times as shall be needed to have 287
	433	+	the proceeds thereof available to pay requisitions expected thereunder 288
	434	+	within the year following issuance of such securities and to provide for 289
	435	+	costs of UConn 2000 of not more than twenty per cent in excess and 290
	436	+	regardless of such anticipated cash expenditure requirements but 291
	437	+	subject to section 10a-109q, provided the amount needed for funding, 292
	438	+	paying or providing for the items described in subparagraph (B) of 293
	439	+	subdivision (10) of subsection (a) of section 10a-109d, as amended by 294
	440	+	this act, may be added to the amount of securities so issued. 295
	441	+	Sec. 10. Subsection (b) of section 17a-250 of the 2024 supplement to 296
	442	+	the general statutes is repealed and the following is substituted in lieu 297
	443	+	thereof (Effective from passage): 298
	444	+	(b) The proceeds of the sale of such bonds, to the extent of the amount 299
	445	+	stated in subsection (a) of this section, shall be used by the 300
	446	+	Commissioner of [Developmental Services] Housing for the grant-in-301
	447	+	aid program established pursuant to section 17a-249, for supportive 302 Governor's Bill No. 10
415	448
416	449
417		-	LCO 12 of 39
418	450
419		-	T69 Renovation Lump Sum
420		-	T70 Balance 104,668,000
421		-	T71
422		-	T72 East Campus North
423		-	T73 Renovations 11,820,000
424		-	T74
425		-	T75 Engineering Building
426		-	T76 (with Environmental
427		-	T77 Research Institute) 36,700,000
428		-	T78
429		-	T79 Equine Center 1,000,000
430		-	T80
431		-	T81 Equipment, Library
432		-	T82 Collections &
433		-	T83 Telecommunications 60,500,000 470,000,000
434		-	T84
435		-	T85 Equipment, Library
436		-	T86 Collections &
437		-	T87 Telecommunications
438		-	T88 Completion 182,118,146
439		-	T89
440		-	T90 Family Studies (DRM)
441		-	T91 Renovation 6,500,000
442		-	T92
443		-	T93 Farm Buildings Repairs/
444		-	T94 Replacement 6,000,000
445		-	T95
446		-	T96 Fine Arts Phase II 20,000,000
447		-	T97
448		-	T98 Floriculture Greenhouse 3,000,000
449		-	T99
450		-	T100 Gant Building Renovations 34,000,000
451		-	T101
452		-	T102 Gant Plaza Deck 0
453		-	T103
454		-	T104 Gentry Completion 10,000,000
455		-	T105
456		-	T106 Gentry Renovation 9,299,000
457		-	T107
458		-	T108 Grad Dorm Renovations 7,548,000
459		-	T109
460		-	T110 Gulley Hall Renovation 1,416,000 Substitute Bill No. 10
	451	+	LCO No. 294 12 of 14
	452	+
	453	+	housing for persons with an intellectual disability or other 303
	454	+	developmental disabilities, including, but not limited to, autism 304
	455	+	spectrum disorder. 305
	456	+	Sec. 11. Subsection (c) of section 397 of public act 17-2 of the June 306
	457	+	special session is amended to read as follows (Effective from passage): 307
	458	+	(c) For the Military Department: Acquisition of property for 308
	459	+	development of readiness centers, [in Litchfield county,] not exceeding 309
	460	+	$2,000,000. 310
	461	+	Sec. 12. Subdivision (4) of subsection (a) of section 13 of public act 23-311
	462	+	205 is amended to read as follows (Effective from passage): 312
	463	+	(4) Grants-in-aid for the development of an advanced manufacturing 313
	464	+	facility in the Hartford region, not exceeding $15,000,000; 314
	465	+	Sec. 13. Section 20 of public act 23-205 is amended to read as follows 315
	466	+	(Effective July 1, 2024): 316
	467	+	The State Bond Commission shall have power, in accordance with the 317
	468	+	provisions of this section and sections 21 to 26, inclusive, of [this act] 318
	469	+	public act 23-205, from time to time to authorize the issuance of bonds 319
	470	+	of the state in one or more series and in principal amounts in the 320
	471	+	aggregate not exceeding [$520,345,000] $535,345,000. 321
	472	+	Sec. 14. Subsection (a) of section 21 of public act 23-205 is amended to 322
	473	+	read as follows (Effective July 1, 2024): 323
	474	+	(a) For the Office of Policy and Management: For an information 324
	475	+	technology capital investment program, not exceeding [$65,000,000] 325
	476	+	$80,000,000. 326
	477	+	Sec. 15. Section 31 of public act 23-205 is amended to read as follows 327
	478	+	(Effective July 1, 2024): 328
	479	+	The State Bond Commission shall have power, in accordance with the 329
	480	+	provisions of this section and sections 32 to 38, inclusive, of [this act] 330 Governor's Bill No. 10
461	481
462	482
463		-	LCO 13 of 39
464	483
465		-	T111
466		-	T112 Hartford Relocation
467		-	T113 Acquisition/Renovation 56,762,020 70,000,000
468		-	T114
469		-	T115 Hartford Relocation Design 1,500,000
470		-	T116
471		-	T117 Hartford Relocation
472		-	T118 Feasibility Study 500,000
473		-	T119
474		-	T120 Heating Plant Upgrade 10,000,000
475		-	T121
476		-	T122 Hilltop Dormitory New 30,000,000
477		-	T123
478		-	T124 Hilltop Dormitory
479		-	T125 Renovations 3,141,000
480		-	T126
481		-	T127 Ice Rink Enclosure 2,616,000
482		-	T128
483		-	T129 Incubator Facilities 10,000,000
484		-	T130
485		-	T131 International House
486		-	T132 Conversion 800,000
487		-	T133
488		-	T134 Intramural, Recreational
489		-	T135 and Intercollegiate
490		-	T136 Facilities 31,000,000
491		-	T137
492		-	T138 Jorgensen Renovation 7,200,000
493		-	T139
494		-	T140 Koons Hall Renovation/
495		-	T141 Addition 7,000,000
496		-	T142
497		-	T143 Lakeside Renovation 3,800,000
498		-	T144
499		-	T145 Law School Renovations/
500		-	T146 Improvements 15,000,000
501		-	T147
502		-	T148 Library Storage Facility 5,000,000
503		-	T149
504		-	T150 Litchfield Agricultural
505		-	T151 Center – Phase I 1,000,000
506		-	T152 Substitute Bill No. 10
	484	+	LCO No. 294 13 of 14
507	485
508		-
509		-	LCO 14 of 39
510		-
511		-	T153 Litchfield Agricultural
512		-	T154 Center – Phase II 700,000
513		-	T155
514		-	T156 Manchester Hall
515		-	T157 Renovation 6,000,000
516		-	T158
517		-	T159 Mansfield Apartments
518		-	T160 Renovation 2,612,000
519		-	T161
520		-	T162 Mansfield Training School
521		-	T163 Improvements 27,614,000 29,000,000
522		-	T164
523		-	T165 Natural History Museum
524		-	T166 Completion 4,900,000
525		-	T167
526		-	T168 North Campus Renovation 2,654,000
527		-	T169
528		-	T170 North Campus Renovation
529		-	T171 Completion 21,049,000
530		-	T172
531		-	T173 North Hillside Road
532		-	T174 Completion 11,500,000
533		-	T175
534		-	T176 North Superblock Site
535		-	T177 and Utilities 8,000,000
536		-	T178
537		-	T179 Northwest Quadrant
538		-	T180 Renovation 2,001,000
539		-	T181
540		-	T182 Northwest Quadrant
541		-	T183 Renovation 15,874,000
542		-	T184
543		-	T185 Observatory 1,000,000
544		-	T186
545		-	T187 Old Central Warehouse 18,000,000
546		-	T188
547		-	T189 Parking Garage #3 78,000,000
548		-	T190
549		-	T191 Parking Garage – North 10,000,000
550		-	T192
551		-	T193 Parking Garage – South 15,000,000
552		-	T194 Substitute Bill No. 10
553		-
554		-
555		-	LCO 15 of 39
556		-
557		-	T195 Pedestrian Spinepath 2,556,000
558		-	T196
559		-	T197 Pedestrian Walkways 3,233,000
560		-	T198
561		-	T199 Psychology Building
562		-	T200 Renovation/Addition 20,000,000
563		-	T201
564		-	T202 Residential Life Facilities 162,000,000
565		-	T203
566		-	T204 Roadways 10,000,000
567		-	T205
568		-	T206 School of Business 20,000,000
569		-	T207
570		-	T208 School of Pharmacy/
571		-	T209 Biology 3,856,000
572		-	T210
573		-	T211 School of Pharmacy/
574		-	T212 Biology Completion 61,058,000
575		-	T213
576		-	T214 Shippee/Buckley
577		-	T215 Renovations 6,156,000
578		-	T216
579		-	T217 Social Science K Building 20,964,000
580		-	T218
581		-	T219 South Campus Complex 13,127,000
582		-	T220
583		-	T221 Stamford Campus
584		-	T222 Improvements/Housing 13,000,000
585		-	T223
586		-	T224 Stamford Downtown
587		-	T225 Relocation – Phase I 45,659,000
588		-	T226
589		-	T227 Stamford Downtown
590		-	T228 Relocation – Phase II 17,392,000
591		-	T229
592		-	T230 Storrs Hall Addition 4,300,000
593		-	T231
594		-	T232 Student Health Services 12,000,000
595		-	T233
596		-	T234 Student Union Addition 23,000,000
597		-	T235
598		-	T236 Support Facility Substitute Bill No. 10
599		-
600		-
601		-	LCO 16 of 39
602		-
603		-	T237 (Architectural and
604		-	T238 Engineering Services) 2,000,000
605		-	T239
606		-	T240 Technology Quadrant –
607		-	T241 Phase IA 38,000,000
608		-	T242
609		-	T243 Technology Quadrant –
610		-	T244 Phase IB 16,611,000
611		-	T245
612		-	T246 Technology Quadrant –
613		-	T247 Phase II 72,000,000
614		-	T248
615		-	T249 Technology Quadrant –
616		-	T250 Phase III 15,000,000
617		-	T251
618		-	T252 Torrey Life Science
619		-	T253 Renovation 17,000,000
620		-	T254
621		-	T255 Torrey Renovation
622		-	T256 Completion and Biology
623		-	T257 Expansion 42,000,000
624		-	T258
625		-	T259 Torrington Campus
626		-	T260 Improvements 1,000,000
627		-	T261
628		-	T262 Towers Renovation 17,794,000
629		-	T263
630		-	T264 UConn Products Store 1,000,000
631		-	T265
632		-	T266 Undergraduate Education
633		-	T267 Center 650,000
634		-	T268
635		-	T269 Undergraduate Education
636		-	T270 Center 7,450,000
637		-	T271
638		-	T272 Underground Steam &
639		-	T273 Water Upgrade 3,500,000
640		-	T274
641		-	T275 Underground Steam &
642		-	T276 Water Upgrade
643		-	T277 Completion 9,000,000
644		-	T278 Substitute Bill No. 10
645		-
646		-
647		-	LCO 17 of 39
648		-
649		-	T279 University Programs
650		-	T280 Building – Phase I 8,750,000
651		-	T281
652		-	T282 University Programs
653		-	T283 Building – Phase II
654		-	T284 Visitors Center 300,000
655		-	T285
656		-	T286 Waring Building
657		-	T287 Conversion 7,888,000
658		-	T288
659		-	T289 Waterbury Downtown
660		-	T290 Campus 3,000,000
661		-	T291
662		-	T292 Waterbury Property
663		-	T293 Purchase 325,000
664		-	T294
665		-	T295 West Campus Renovations 14,897,000
666		-	T296
667		-	T297 West Hartford Campus
668		-	T298 Renovations/
669		-	T299 Improvements 25,000,000
670		-	T300
671		-	T301 White Building Renovation 2,430,000
672		-	T302
673		-	T303 Wilbur Cross Building
674		-	T304 Renovation 3,645,000
675		-	T305
676		-	T306 Young Building
677		-	T307 Renovation/Addition 17,000,000
678		-	T308
679		-	T309 HEALTH CENTER
680		-	T310
681		-	T311 CLAC Renovation
682		-	T312 Biosafety Level 3 Lab 14,000,000
683		-	T313
684		-	T314 Deferred Maintenance/
685		-	T315 Code Compliance/ADA
686		-	T316 Compliance/Infrastructure
687		-	T317 & Improvements
688		-	T318 Renovation Lump Sum
689		-	T319 and Utility, Administrative
690		-	T320 and Support Facilities Substitute Bill No. 10
691		-
692		-
693		-	LCO 18 of 39
694		-
695		-	T321 – Health Center 86,000,000
696		-	T322
697		-	T323 Dental School Renovation 5,000,000
698		-	T324
699		-	T325 Equipment, Library
700		-	T326 Collections and
701		-	T327 Telecommunications –
702		-	T328 Health Center 75,000,000
703		-	T329
704		-	T330 Library/Student Computer
705		-	T331 Center Renovation 5,000,000
706		-	T332
707		-	T333 Main Building Renovation 125,000,000
708		-	T334
709		-	T335 Medical School Academic
710		-	T336 Building Renovation 9,000,000
711		-	T337
712		-	T338 Parking Garage – Health
713		-	T339 Center 8,400,000
714		-	T340
715		-	T341 Research Tower 60,000,000
716		-	T342
717		-	T343 Support Building
718		-	T344 Addition/Renovation 4,000,000
719		-	T345
720		-	T346 The University of
721		-	T347 Connecticut
722		-	T348 Health Center
723		-	T349 New Construction and
724		-	T350 Renovation 394,900,000
725		-	T351
726		-	T352 Planning and Design Costs 25,000,000
727		-	T353
728		-	T354 Total – Storrs and Regional
729		-	T355 Campus Project List [2,583,000,000]
730		-	T356 3,221,500,000
731		-	T357
732		-	T358 Total – Health Center
733		-	T359 Project List 786,300,000
734		-	T360
735		-	T361 TOTAL 382,000,000 868,000,000 [3,394,300,000]
736		-	T362 4,032,800,000 Substitute Bill No. 10
737		-
738		-
739		-	LCO 19 of 39
740		-
741		-
742		-	Sec. 20. Subdivision (1) of subsection (a) of section 10a-109g of the 289
743		-	2024 supplement to the general statutes is repealed and the following is 290
744		-	substituted in lieu thereof (Effective July 1, 2024): 291
745		-	(a) (1) The university is authorized to provide by resolution, at one 292
746		-	time or from time to time, for the issuance and sale of securities, in its 293
747		-	own name on behalf of the state, pursuant to section 10a-109f. The board 294
748		-	of trustees of the university is hereby authorized by such resolution to 295
749		-	delegate to its finance committee such matters as it may determine 296
750		-	appropriate other than the authorization and maximum amount of the 297
751		-	securities to be issued, the nature of the obligation of the securities as 298
752		-	established pursuant to subsection (c) of this section and the projects for 299
753		-	which the proceeds are to be used. The finance committee may act on 300
754		-	such matters unless and until the board of trustees elects to reassume 301
755		-	the same. The amount of securities the special debt service requirements 302
756		-	of which are secured by the state debt service commitment that the 303
757		-	board of trustees is authorized to provide for the issuance and sale in 304
758		-	accordance with this subsection shall be capped in each fiscal year in the 305
759		-	following amounts, provided, to the extent the board of trustees does 306
760		-	not provide for the issuance of all or a portion of such amount in a fiscal 307
761		-	year, all or such portion, as the case may be, may be carried forward to 308
762		-	any succeeding fiscal year and provided further, the actual amount for 309
763		-	funding, paying or providing for the items described in subparagraph 310
764		-	(C) of subdivision (10) of subsection (a) of section 10a-109d, as amended 311
765		-	by this act, may be added to the capped amount in each fiscal year: 312
766		-	T363
767		-	Fiscal Year Amount
768		-	T364
769		-
770		-
771		-	T365
772		-	1996 $112,542,000
773		-	T366
774		-	1997 112,001,000
775		-	T367
776		-	1998 93,146,000
777		-	T368
778		-	1999 64,311,000
779		-	T369
780		-	2000 130,000,000
781		-	T370
782		-	2001 100,000,000 Substitute Bill No. 10
783		-
784		-
785		-	LCO 20 of 39
786		-
787		-	T371
788		-	2002 100,000,000
789		-	T372
790		-	2003 100,000,000
791		-	T373
792		-	2004 100,000,000
793		-	T374
794		-	2005 100,000,000
795		-	T375
796		-	2006 79,000,000
797		-	T376
798		-	2007 89,000,000
799		-	T377
800		-	2008 115,000,000
801		-	T378
802		-	2009 140,000,000
803		-	T379
804		-	2010 0
805		-	T380
806		-	2011 138,800,000
807		-	T381
808		-	2012 157,200,000
809		-	T382
810		-	2013 143,000,000
811		-	T383
812		-	2014 204,400,000
813		-	T384
814		-	2015 315,500,000
815		-	T385
816		-	2016 312,100,000
817		-	T386
818		-	2017 240,400,000
819		-	T387
820		-	2018 200,000,000
821		-	T388
822		-	2019 200,000,000
823		-	T389
824		-	2020 197,200,000
825		-	T390
826		-	2021 260,000,000
827		-	T391
828		-	2022 215,500,000
829		-	T392
830		-	2023 125,100,000
831		-	T393
832		-	2024 84,700,000
833		-	T394
834		-	2025 [44,000,000]
835		-	T395
836		-	170,500,000
837		-	T396
838		-	2026 [14,000,000]
839		-	T397
840		-	165,000,000
841		-	T398
842		-	2027 [9,000,000]
843		-	T399
844		-	150,000,000
845		-	T400
846		-	2028 132,000,000
847		-	T401
848		-	2029 100,000,000
849		-
850		-	Sec. 21. Subsection (a) of section 10a-109n of the 2024 supplement to 313
851		-	the general statutes is repealed and the following is substituted in lieu 314 Substitute Bill No. 10
852		-
853		-
854		-	LCO 21 of 39
855		-
856		-	thereof (Effective July 1, 2024): 315
857		-	(a) For the period from July 1, 2001, to June 30, [2027] 2029, or until 316
858		-	completion of the UConn 2000 infrastructure improvement program, 317
859		-	whichever is later, the university shall have charge and supervision of 318
860		-	the design, planning, acquisition, remodeling, alteration, repair, 319
861		-	enlargement or demolition of any real asset or any other project on its 320
862		-	campuses. 321
863		-	Sec. 22. Subsection (b) of section 13b-74 of the general statutes is 322
864		-	repealed and the following is substituted in lieu thereof (Effective July 1, 323
865		-	2024): 324
866		-	(b) The purposes for which special tax obligation bonds may be 325
867		-	issued pursuant to sections 13b-74 to 13b-77, inclusive, as amended by 326
868		-	this act, are as follows: 327
869		-	(1) Planning, acquisition, removal, construction, equipping, 328
870		-	reconstruction, repair, rehabilitation and improvement of, and 329
871		-	acquisition of easements and rights-of-way with respect to, state 330
872		-	highways and bridges; 331
873		-	(2) Payment of the state's share of the costs of planning, acquisition, 332
874		-	removal, construction, equipping, reconstruction, repair, rehabilitation 333
875		-	and improvement of, and acquisition of easements and rights-of-way 334
876		-	with respect to, (A) state highways, (B) projects on the interstate 335
877		-	highway system, (C) alternate highway projects in the interstate 336
878		-	highway substitution program, commonly referred to as the interstate 337
879		-	trade-in program, (D) state bridges, (E) mass transportation and transit 338
880		-	facilities, (F) aeronautic facilities, excluding Bradley International 339
881		-	Airport, and (G) waterway projects; 340
882		-	(3) Payment of the state's share of the costs of planning, acquisition, 341
883		-	removal, construction, equipping, reconstruction, repair, rehabilitation 342
884		-	and improvement of, and acquisition of easements and rights-of-way 343
885		-	with respect to, the local bridge program established under sections 13a-344
886		-	175p to 13a-175u, inclusive, and payment of state contributions to the 345 Substitute Bill No. 10
887		-
888		-
889		-	LCO 22 of 39
890		-
891		-	Local Bridge Revolving Fund established under section 13a-175r; 346
892		-	(4) Planning, acquisition, removal, construction, equipping, 347
893		-	reconstruction, repair, rehabilitation and improvement of, and 348
894		-	acquisition of easements and rights-of-way with respect to, the highway 349
895		-	safety program, including the rail-highway crossing, hazard elimination 350
896		-	and other highway safety programs on the state highway system; 351
897		-	(5) Planning, acquisition, removal, construction, equipping, 352
898		-	reconstruction, repair, rehabilitation and improvement of, and 353
899		-	acquisition of easements and rights-of-way with respect to, the 354
900		-	maintenance garages and administrative facilities of the Department of 355
901		-	Transportation; 356
902		-	(6) Planning, acquisition, removal, construction, equipping, 357
903		-	reconstruction, repair, rehabilitation and improvement of, and 358
904		-	acquisition of easements and rights-of-way with respect to, projects and 359
905		-	purposes included in section 13b-57h; 360
906		-	(7) Payment of funds made available to towns, as provided in sections 361
907		-	13a-175a to 13a-175e, inclusive, 13a-175i and 13a-175j, for the purposes 362
908		-	set forth in sections 13a-175a, 13a-175d and 13a-175j; [and] 363
909		-	(8) Payment of funds to any municipality or local planning agency 364
910		-	for transportation improvements pursuant to section 13a-98n; and 365
911		-	(9) Grants for commercial rail freight lines pursuant to section 13b-366
912		-	236, as amended by this act. 367
913		-	Sec. 23. Section 13b-236 of the 2024 supplement to the general statutes 368
914		-	is repealed and the following is substituted in lieu thereof (Effective July 369
915		-	1, 2024): 370
916		-	(a) For the purposes described in subsection (b) of this section, the 371
917		-	State Bond Commission shall have the power, from time to time to 372
918		-	authorize the issuance of bonds of the state in one or more series and in 373
919		-	principal amounts not exceeding in the aggregate [twenty-seven] 374
920		-	seventeen million five hundred thousand dollars. 375 Substitute Bill No. 10
921		-
922		-
923		-	LCO 23 of 39
924		-
925		-	(b) The proceeds of the sale of said bonds, to the extent of the amount 376
926		-	stated in subsection (a) of this section and subdivision (3) of subsection 377
927		-	(b) of section 46 of public act 23-205, as amended by section 49 of this 378
928		-	act, shall be used by the Department of Transportation for a program of 379
929		-	competitive grants for commercial rail freight lines operating in the state 380
930		-	for improvements and repairs to, and the modernization of, existing rail, 381
931		-	rail beds and related facilities. Such program shall include the following: 382
932		-	(1) (A) Grants of one hundred per cent of the amount necessary to 383
933		-	improve, repair or modernize state-owned rights of way, and (B) grants 384
934		-	of seventy per cent of the amount necessary to improve, repair or 385
935		-	modernize privately owned rail lines, provided the commissioner may 386
936		-	waive the requirement for a thirty per cent matching grant if such 387
937		-	improvement, repair or modernization demonstrably increases rail 388
938		-	freight traffic; and (2) preference for grants shall be given to (A) freight 389
939		-	rail projects that improve at-grade rail crossings to eliminate hazards or 390
940		-	increase safety, (B) freight rail projects that provide connection to major 391
941		-	freight generators, (C) projects that further the goals and objectives of 392
942		-	the Department of Transportation's Connecticut State Rail Plan, and (D) 393
943		-	freight rail projects that improve freight rail infrastructure by increasing 394
944		-	the capacity for rail freight traffic. 395
945		-	(c) All provisions of section 3-20, or the exercise of any right or power 396
946		-	granted thereby, which are not inconsistent with the provisions of this 397
947		-	section are hereby adopted and shall apply to all bonds authorized by 398
948		-	the State Bond Commission pursuant to this section, and temporary 399
949		-	notes in anticipation of the money to be derived from the sale of any 400
950		-	such bonds so authorized may be issued in accordance with said section 401
951		-	3-20 and from time to time renewed. Such bonds shall mature at such 402
952		-	time or times not exceeding twenty years from their respective dates as 403
953		-	may be provided in or pursuant to the resolution or resolutions of the 404
954		-	State Bond Commission authorizing such bonds. None of said bonds 405
955		-	shall be authorized except upon a finding by the State Bond 406
956		-	Commission that there has been filed with it a request for such 407
957		-	authorization which is signed by or on behalf of the Secretary of the 408
958		-	Office of Policy and Management and states such terms and conditions 409 Substitute Bill No. 10
959		-
960		-
961		-	LCO 24 of 39
962		-
963		-	as said commission, in its discretion, may require. Said bonds issued 410
964		-	pursuant to this section shall be general obligations of the state and the 411
965		-	full faith and credit of the state of Connecticut are pledged for the 412
966		-	payment of the principal of and interest on said bonds as the same 413
967		-	become due, and accordingly and as part of the contract of the state with 414
968		-	the holders of said bonds, appropriation of all amounts necessary for 415
969		-	punctual payment of such principal and interest is hereby made, and 416
970		-	the State Treasurer shall pay such principal and interest as the same 417
971		-	become due. 418
972		-	Sec. 24. Subsection (b) of section 17a-250 of the 2024 supplement to 419
973		-	the general statutes is repealed and the following is substituted in lieu 420
974		-	thereof (Effective from passage): 421
975		-	(b) The proceeds of the sale of such bonds, to the extent of the amount 422
976		-	stated in subsection (a) of this section, shall be used by the 423
977		-	Commissioner of [Developmental Services] Housing for the grant-in-424
978		-	aid program established pursuant to section 17a-249, for supportive 425
979		-	housing for persons with an intellectual disability or other 426
980		-	developmental disabilities, including, but not limited to, autism 427
981		-	spectrum disorder. 428
982		-	Sec. 25. Subdivision (1) of subsection (e) of section 29-1bb of the 429
983		-	general statutes is repealed and the following is substituted in lieu 430
984		-	thereof (Effective July 1, 2024): 431
985		-	(e) (1) An eligible nonprofit organization may receive a grant of not 432
986		-	more than fifty thousand dollars pursuant to this section, provided fifty 433
987		-	per cent of such grant shall be made available to such eligible nonprofit 434
988		-	organization when such eligible nonprofit organization presents to the 435
989		-	commissioner a contract in which such eligible nonprofit organization 436
990		-	will incur eligible expenses for security infrastructure, and fifty per cent 437
991		-	of such grant shall be made available to such eligible nonprofit 438
992		-	organization when such eligible nonprofit organization demonstrates to 439
993		-	the commissioner that the eligible nonprofit organization has incurred 440
994		-	all of the eligible expenses pursuant to such contract. Nothing in this 441 Substitute Bill No. 10
995		-
996		-
997		-	LCO 25 of 39
998		-
999		-	section shall prohibit an eligible nonprofit organization from applying 442
1000		-	for a federal grant in addition to a grant pursuant to this section, 443
1001		-	provided such organization shall not receive both a federal grant and a 444
1002		-	grant pursuant to this section for the same project. 445
1003		-	Sec. 26. Section 1 of public act 13-239, as amended by section 214 of 446
1004		-	public act 15-1 of the June special session, section 161 of public act 16-4 447
1005		-	of the May special session and section 491 of public act 17-2 of the June 448
1006		-	special session, is amended to read as follows (Effective July 1, 2024): 449
1007		-	The State Bond Commission shall have power, in accordance with the 450
1008		-	provisions of this section and sections 2 to 7, inclusive, of public act 13-451
1009		-	239, from time to time to authorize the issuance of bonds of the state in 452
1010		-	one or more series and in principal amounts in the aggregate, not 453
1011		-	exceeding [$297,885,986] $298,007,634. 454
1012		-	Sec. 27. Subdivision (4) of subsection (l) of section 2 of public act 13-455
1013		-	239, as amended by section 27 of public act 18-178, is amended to read 456
1014		-	as follows (Effective July 1, 2024): 457
1015		-	(4) At Middlesex Community College: Renovations and additions to 458
1016		-	the Wheaton and Snow Classroom Buildings, not exceeding [$4,800,000] 459
1017		-	$4,921,648. 460
1018		-	Sec. 28. Section 1 of public act 15-1 of the June special session, as 461
1019		-	amended by section 196 of public act 16-4 of the May special session, 462
1020		-	section 522 of public act 17-2 of the June special session and section 75 463
1021		-	of public act 20-1, is amended to read as follows (Effective July 1, 2024): 464
1022		-	The State Bond Commission shall have power, in accordance with the 465
1023		-	provisions of this section and sections 2 to 7, inclusive, of public act 15-466
1024		-	1 of the June special session, from time to time to authorize the issuance 467
1025		-	of bonds of the state in one or more series and in principal amounts in 468
1026		-	the aggregate not exceeding [$349,413,300] $350,421,300. 469
1027		-	Sec. 29. Subdivision (4) of subsection (n) of section 2 of public act 15-470
1028		-	1 of the June special session, as amended by section 338 of public act 22-471 Substitute Bill No. 10
1029		-
1030		-
1031		-	LCO 26 of 39
1032		-
1033		-	118, is amended to read as follows (Effective July 1, 2024): 472
1034		-	(4) At Gateway Community College: For acquisition, design and 473
1035		-	construction of facilities for workforce development programs, 474
1036		-	including such programs for the transportation, alternative energy, 475
1037		-	advanced manufacturing and health sectors, not exceeding [$28,800,000] 476
1038		-	$29,808,000; 477
1039		-	Sec. 30. Section 20 of public act 15-1 of the June special session, as 478
1040		-	amended by section 207 of public act 16-4 of the May special session and 479
1041		-	section 534 of public act 17-2 of the June special session, is amended to 480
1042		-	read as follows (Effective July 1, 2024): 481
1043		-	The State Bond Commission shall have power, in accordance with the 482
1044		-	provisions of this section and sections 21 to 26, inclusive, of public act 483
1045		-	15-1 of the June special session, from time to time to authorize the 484
1046		-	issuance of bonds of the state in one or more series and in principal 485
1047		-	amounts in the aggregate, not exceeding [$275,372,176] $276,583,746. 486
1048		-	Sec. 31. Subdivision (5) of subsection (n) of section 21 of public act 15-487
1049		-	1 of the June special session is amended to read as follows (Effective July 488
1050		-	1, 2024): 489
1051		-	(5) At Asnuntuck Community College: Alterations renovations and 490
1052		-	improvements for expansion of library and student services, not 491
1053		-	exceeding [$3,800,000] $5,011,570. 492
1054		-	Sec. 32. Section 377 of public act 17-2 of the June special session, as 493
1055		-	amended by section 75 of public act 21-111, is amended to read as 494
1056		-	follows (Effective July 1, 2024): 495
1057		-	The State Bond Commission shall have power, in accordance with the 496
1058		-	provisions of this section and sections 378 to 383, inclusive, of public act 497
1059		-	17-2 of the June special session, from time to time to authorize the 498
1060		-	issuance of bonds of the state in one or more series and in principal 499
1061		-	amounts in the aggregate not exceeding [$235,836,905] $239,336,905. 500
1062		-	Sec. 33. Subdivision (5) of subsection (i) of section 378 of public act 501 Substitute Bill No. 10
1063		-
1064		-
1065		-	LCO 27 of 39
1066		-
1067		-	17-2 of the June special session is amended to read as follows (Effective 502
1068		-	July 1, 2024): 503
1069		-	(5) Norwalk Community College: Alterations, renovations and 504
1070		-	improvements to the B wing building, not exceeding [$18,600,000] 505
1071		-	$22,100,000; 506
1072		-	Sec. 34. Subsection (c) of section 397 of public act 17-2 of the June 507
1073		-	special session is amended to read as follows (Effective from passage): 508
1074		-	(c) For the Military Department: Acquisition of property for 509
1075		-	development of readiness centers, [in Litchfield county,] not exceeding 510
1076		-	$2,000,000. 511
1077		-	Sec. 35. Section 407 of public act 17-2 of the June special session, as 512
1078		-	amended by section 35 of public act 18-178, section 81 of public act 21-513
1079		-	111 and section 71 of public act 23-205, is amended to read as follows 514
1080		-	(Effective July 1, 2024): 515
1081		-	The State Bond Commission shall have power, in accordance with the 516
1082		-	provisions of this section and sections 408 to 414, inclusive, of public act 517
1083		-	17-2 of the June special session, from time to time to authorize the 518
1084		-	issuance of bonds of the state in one or more series and in principal 519
1085		-	amounts in the aggregate, not exceeding [$184,000,000] $182,000,000. 520
1086		-	Sec. 36. Subdivision (2) of subsection (a) of section 408 of public act 521
1087		-	17-2 of the June special session is repealed. (Effective July 1, 2024) 522
1088		-	Sec. 37. Section 1 of public act 20-1, as amended by section 339 of 523
1089		-	public act 22-118, is amended to read as follows (Effective July 1, 2024): 524
1090		-	The State Bond Commission shall have power, in accordance with the 525
1091		-	provisions of this section and sections [307 to 312] 2 to 7, inclusive, of 526
1092		-	[this act] public act 20-1, from time to time to authorize the issuance of 527
1093		-	bonds of the state in one or more series and in principal amounts in the 528
1094		-	aggregate not exceeding [$198,450,000] $199,944,240. 529
1095		-	Sec. 38. Subdivision (4) of subsection (j) of section 2 of public act 20-1 530 Substitute Bill No. 10
1096		-
1097		-
1098		-	LCO 28 of 39
1099		-
1100		-	is amended to read as follows (Effective July 1, 2024): 531
1101		-	(4) Naugatuck Valley Community College: Design for the renovation 532
1102		-	of Kinney Hall, not exceeding [$6,000,000] $7,494,240. 533
1103		-	Sec. 39. Subdivision (2) of subsection (o) of section 2 of public act 23-534
1104		-	205 is amended to read as follows (Effective July 1, 2024): 535
1105		-	(2) Advanced manufacturing and emerging technology programs, 536
1106		-	including at Tunxis Community College, not exceeding $4,000,000; 537
1107		-	Sec. 40. Section 20 of public act 23-205 is amended to read as follows 538
1108		-	(Effective July 1, 2024): 539
1109		-	The State Bond Commission shall have power, in accordance with the 540
1110		-	provisions of this section and sections 21 to 26, inclusive, of [this act] 541
1111		-	public act 23-205, from time to time to authorize the issuance of bonds 542
1112		-	of the state in one or more series and in principal amounts in the 543
1113		-	aggregate not exceeding [$520,345,000] $510,345,000. 544
1114		-	Sec. 41. Subdivision (2) of subsection (l) of section 21 of public act 23-545
1115		-	205 is amended to read as follows (Effective July 1, 2024): 546
1116		-	(2) Advanced manufacturing and emerging technology programs, 547
1117		-	including at Tunxis Community College, not exceeding $3,000,000; 548
1118		-	Sec. 42. Subdivision (4) of subsection (l) of section 21 of public act 23-549
1119		-	205 is amended to read as follows (Effective July 1, 2024): 550
1120		-	(4) All universities: Deferred maintenance, code compliance and 551
1121		-	infrastructure improvements, not exceeding [$65,200,000] $60,200,000; 552
1122		-	Sec. 43. Subdivision (6) of subsection (l) of section 21 of public act 23-553
1123		-	205 is amended to read as follows (Effective July 1, 2024): 554
1124		-	(6) All community colleges: Deferred maintenance, code compliance 555
1125		-	and infrastructure improvements, not exceeding [$27,600,000] 556
1126		-	$22,600,000; 557 Substitute Bill No. 10
1127		-
1128		-
1129		-	LCO 29 of 39
1130		-
1131		-	Sec. 44. Section 31 of public act 23-205 is amended to read as follows 558
1132		-	(Effective July 1, 2024): 559
1133		-	The State Bond Commission shall have power, in accordance with the 560
1134		-	provisions of this section and sections 32 to 38, inclusive, of [this act] 561
1135		-	public act 23-205, from time to time to authorize the issuance of bonds 562
1136		-	of the state in one or more series and in principal amounts in the 563
1137		-	aggregate, not exceeding [$306,000,000] $321,000,000. 564
1138		-	Sec. 45. Subdivision (6) of subsection (b) of section 32 of public act 23-565
1139		-	205 is amended to read as follows (Effective July 1, 2024): 566
1140		-	(6) Microgrid and resilience grant and loan pilot program, not 567
1141		-	exceeding [$25,000,000] $40,000,000; 568
1142		-	Sec. 46. Section 45 of public act 23-205 is amended to read as follows 569
1143		-	(Effective July 1, 2024): 570
1144		-	The State Bond Commission shall have power, in accordance with the 571
1145		-	provisions of this section and sections 46 to 50, inclusive, of [this act] 572
1146		-	public act 23-205, from time to time to authorize the issuance of special 573
1147		-	tax obligation bonds of the state in one or more series and in principal 574
1148		-	amounts in the aggregate, not exceeding [$1,530,772,000] $1,642,272,000. 575
1149		-	Sec. 47. Subdivision (4) of subsection (a) of section 46 of public act 23-576
1150		-	205 is amended to read as follows (Effective July 1, 2024): 577
1151		-	(4) Environmental compliance, soil and groundwater remediation, 578
1152		-	hazardous materials abatement, demolition, salt shed construction and 579
1153		-	renovation, storage tank replacement and environmental emergency 580
1154		-	response at or in the vicinity of state-owned properties or related to 581
1155		-	Department of Transportation operations, not exceeding [$17,065,000] 582
1156		-	$18,565,000; 583
1157		-	Sec. 48. Subdivision (7) of subsection (a) of section 46 of public act 23-584
1158		-	205 is amended to read as follows (Effective July 1, 2024): 585
1159		-	(7) Fix-it-First program to repair the state's bridges, not exceeding 586 Substitute Bill No. 10
1160		-
1161		-
1162		-	LCO 30 of 39
1163		-
1164		-	[$62,250,000] $162,250,000; 587
1165		-	Sec. 49. Subsection (b) of section 46 of public act 23-205 is amended to 588
1166		-	read as follows (Effective July 1, 2024): 589
1167		-	(b) For the Bureau of Public Transportation: 590
1168		-	(1) Bus and rail facilities and equipment, including rights-of-way, 591
1169		-	other property acquisition and related projects, not exceeding 592
1170		-	$273,450,000; 593
1171		-	(2) Northeast Corridor Modernization Match Program, not exceeding 594
1172		-	$438,175,000; 595
1173		-	(3) Grants for commercial rail freight lines pursuant to section 13b-596
1174		-	236 of the general statutes, as amended by this act, not exceeding 597
1175		-	$10,000,000. 598
1176		-	Sec. 50. (NEW) (Effective July 1, 2024) (a) As used in this section: 599
1177		-	(1) "Project" means a project proposed by a municipality, community 600
1178		-	development corporation or nonprofit organization, for the purpose of 601
1179		-	promoting economic or community development, as determined by the 602
1180		-	board; and 603
1181		-	(2) "Municipality" has the same meaning as in section 7-148 of the 604
1182		-	general statutes. 605
1183		-	(b) (1) There is established a Legacy Investment Fund Board. The 606
1184		-	board shall consist of the following members: 607
1185		-	(A) The speaker of the House of Representatives and the president 608
1186		-	pro tempore of the Senate; 609
1187		-	(B) The majority leader of the House of Representatives, the majority 610
1188		-	leader of the Senate, the minority leader of the House of Representatives 611
1189		-	and the minority leader of the Senate; 612
1190		-	(C) One appointed jointly by the speaker of the House of 613 Substitute Bill No. 10
1191		-
1192		-
1193		-	LCO 31 of 39
1194		-
1195		-	Representatives and the president pro tempore of the Senate, who is a 614
1196		-	member of the Black and Puerto Rican Caucus of the General Assembly; 615
1197		-	(D) The two chairpersons and two ranking members of the joint 616
1198		-	standing committee of the General Assembly having cognizance of 617
1199		-	matters relating to finance, revenue and bonding; 618
1200		-	(E) The two chairpersons and two ranking members of the general 619
1201		-	bonding subcommittee of the joint standing committee of the General 620
1202		-	Assembly having cognizance of matters relating to finance, revenue and 621
1203		-	bonding; 622
1204		-	(F) The Treasurer, or the Treasurer's designee; and 623
1205		-	(G) The Commissioner of Economic and Community Development, 624
1206		-	or the commissioner's designee. 625
1207		-	(2) The initial appointment pursuant to subparagraph (C) of 626
1208		-	subdivision (1) of this subsection shall be made not later than sixty days 627
1209		-	after June 30, 2024. Any vacancy shall be filled by the appointing 628
1210		-	authorities. 629
1211		-	(3) The speaker of the House of Representatives and the president pro 630
1212		-	tempore of the Senate shall serve as the chairpersons of the board and 631
1213		-	shall schedule the first meeting of the board, which shall be held not 632
1214		-	later than January 1, 2025. The board shall meet at least quarterly. 633
1215		-	(4) Nine members of the board shall constitute a quorum for the 634
1216		-	transaction of any business. 635
1217		-	(5) The members of the board shall serve without compensation, but 636
1218		-	shall, within the limits of available funds, be reimbursed for expenses 637
1219		-	necessarily incurred in the performance of their duties. 638
1220		-	(6) The board shall have the following powers and duties: (A) Review 639
1221		-	projects to be recommended to the Governor under subsection (c) of this 640
1222		-	section for approval; (B) establish bylaws to govern its procedures; and 641
1223		-	(C) perform such other acts as may be necessary and appropriate to 642 Substitute Bill No. 10
1224		-
1225		-
1226		-	LCO 32 of 39
1227		-
1228		-	carry out its duties described in this section. 643
1229		-	(7) The Department of Economic and Community Development shall 644
1230		-	hire such employee or employees as may be necessary to assist the board 645
1231		-	to carry out its duties described in this section. 646
1232		-	(c) (1) The Legacy Investment Fund Board shall establish an 647
1233		-	application and review process with guidelines and terms for funds for 648
1234		-	projects provided from the bond proceeds under subsection (d) of this 649
1235		-	section. Such funds shall be used for costs related to projects 650
1236		-	recommended by the board and approved by the Governor pursuant to 651
1237		-	this subsection but shall not be used to pay or for reimbursement of 652
1238		-	administrative costs under this section. The Department of Economic 653
1239		-	and Community Development shall pay for administrative costs within 654
1240		-	available appropriations. 655
1241		-	(2) The chairpersons of the board shall notify the chief elected official 656
1242		-	of each municipality when the application and review process has been 657
1243		-	established and shall publicize the availability of any funds available 658
1244		-	under this section. Each such official or any community development 659
1245		-	corporation or nonprofit organization may submit an application to the 660
1246		-	board requesting funds for a project. The board shall meet to consider 661
1247		-	applications submitted and determine which, if any, the board will 662
1248		-	recommend to the Governor for approval. 663
1249		-	(3) (A) Whenever the board deems it necessary or desirable, the 664
1250		-	chairpersons of the board shall submit to the Governor a list of the 665
1251		-	board's recommendations of projects to be funded from bond proceeds 666
1252		-	under subsection (d) of this section. Such list shall include, at a 667
1253		-	minimum, for each project, (i) a description of such project, (ii) the 668
1254		-	municipality in which such project is located, (iii) the amount of funds 669
1255		-	sought for such project, (iv) any cost estimates for such project, (v) any 670
1256		-	schematics or plans for such project, (vi) the total estimated project costs, 671
1257		-	and (vii) the applicable fiscal year to which such disbursement will be 672
1258		-	attributed. 673
1259		-	(B) The Governor shall review the projects on the list and may 674 Substitute Bill No. 10
1260		-
1261		-
1262		-	LCO 33 of 39
1263		-
1264		-	recommend changes to any project on the list. The board may reconsider 675
1265		-	at a future meeting any project for which the Governor recommends a 676
1266		-	change. Each project for which the Governor recommends the allocation 677
1267		-	of bond funds shall be considered at a State Bond Commission meeting 678
1268		-	not later than two months after the date such project was submitted to 679
1269		-	the Governor pursuant to subparagraph (A) of this subdivision. 680
1270		-	(d) (1) The State Bond Commission may authorize the issuance of 681
1271		-	bonds of the state, in accordance with the provisions of section 3-20 of 682
1272		-	the general statutes, in principal amounts not exceeding in the aggregate 683
1273		-	seven hundred fifty million dollars. The amount authorized for the 684
1274		-	issuance and sale of such bonds in each of the following fiscal years shall 685
1275		-	not exceed the following corresponding amount for each such fiscal 686
1276		-	year, except that, to the extent the State Bond Commission does not 687
1277		-	provide for the use of all or a portion of such amount in any such fiscal 688
1278		-	year, such amount not provided for shall be carried forward and added 689
1279		-	to the authorized amount for the next succeeding fiscal year, and 690
1280		-	provided further, the costs of issuance and capitalized interest, if any, 691
1281		-	may be added to the capped amount in each fiscal year, and each of the 692
1282		-	authorized amounts shall be effective on July first of the fiscal year 693
1283		-	indicated as follows: 694
1284		-	T402 Fiscal Year Ending June Thirtieth Amount
1285		-	T403 2025 150,000,000
1286		-	T404 2026 150,000,000
1287		-	T405 2027 150,000,000
1288		-	T406 2028 150,000,000
1289		-	T407 2029 150,000,000
1290		-	T408 Total $750,000,000
1291		-
1292		-	(2) The proceeds of the sale of bonds set forth in this subsection shall 695
1293		-	be used for the purpose of funding projects for which the Governor has 696
1294		-	determined under subsection (c) of this section that bond funding is 697 Substitute Bill No. 10
1295		-
1296		-
1297		-	LCO 34 of 39
1298		-
1299		-	appropriate and that no other bond authorization is available. 698
1300		-	(e) All provisions of section 3-20 of the general statutes, or the exercise 699
1301		-	of any right or power granted thereby, that are not inconsistent with the 700
1302		-	provisions of this section are hereby adopted and shall apply to all 701
1303		-	bonds authorized by the State Bond Commission pursuant to this 702
1304		-	section. Temporary notes in anticipation of the money to be derived 703
1305		-	from the sale of any such bonds so authorized may be issued in 704
1306		-	accordance with said section, and from time to time renewed. All bonds 705
1307		-	issued pursuant to this section shall be general obligations of the state 706
1308		-	and the full faith and credit of the state of Connecticut are pledged for 707
1309		-	the payment of the principal of and interest on said bonds as the same 708
1310		-	become due, and accordingly and as part of the contract of the state with 709
1311		-	the holders of said bonds, appropriation of all amounts necessary for 710
1312		-	punctual payment of such principal and interest is hereby made, and 711
1313		-	the Treasurer shall pay such principal and interest as the same become 712
1314		-	due. 713
1315		-	Sec. 51. (Effective July 1, 2024) (a) For the purposes described in 714
1316		-	subsection (b) of this section, the State Bond Commission shall have the 715
1317		-	power from time to time to authorize the issuance of bonds of the state 716
1318		-	in one or more series and in principal amounts not exceeding in the 717
1319		-	aggregate fifty million dollars. 718
1320		-	(b) The proceeds of the sale of such bonds, to the extent of the amount 719
1321		-	stated in subsection (a) of this section, shall be used by the Office of Early 720
1322		-	Childhood for the purpose of implementing programs and initiatives 721
1323		-	enacted to support early childhood education in, and child care needs 722
1324		-	of, the state. 723
1325		-	(c) All provisions of section 3-20 of the general statutes, or the exercise 724
1326		-	of any right or power granted thereby, that are not inconsistent with the 725
1327		-	provisions of this section are hereby adopted and shall apply to all 726
1328		-	bonds authorized by the State Bond Commission pursuant to this 727
1329		-	section. Temporary notes in anticipation of the money to be derived 728
1330		-	from the sale of any such bonds so authorized may be issued in 729 Substitute Bill No. 10
1331		-
1332		-
1333		-	LCO 35 of 39
1334		-
1335		-	accordance with section 3-20 of the general statutes and from time to 730
1336		-	time renewed. Such bonds shall mature at such time or times not 731
1337		-	exceeding twenty years from their respective dates as may be provided 732
1338		-	in or pursuant to the resolution or resolutions of the State Bond 733
1339		-	Commission authorizing such bonds. None of such bonds shall be 734
1340		-	authorized except upon a finding by the State Bond Commission that 735
1341		-	there has been filed with it a request for such authorization that is signed 736
1342		-	by or on behalf of the Secretary of the Office of Policy and Management 737
1343		-	and states such terms and conditions as said commission, in its 738
1344		-	discretion, may require. Such bonds issued pursuant to this section shall 739
1345		-	be general obligations of the state and the full faith and credit of the state 740
1346		-	of Connecticut are pledged for the payment of the principal of and 741
1347		-	interest on such bonds as the same become due, and accordingly and as 742
1348		-	part of the contract of the state with the holders of such bonds, 743
1349		-	appropriation of all amounts necessary for punctual payment of such 744
1350		-	principal and interest is hereby made, and the State Treasurer shall pay 745
1351		-	such principal and interest as the same become due. 746
1352		-	Sec. 52. (NEW) (Effective July 1, 2024) (a) The State Bond Commission 747
1353		-	shall authorize the issuance of bonds of the state, in accordance with the 748
1354		-	provisions of section 3-20 of the general statutes, in principal amounts 749
1355		-	not exceeding in the aggregate forty-five million dollars for the Office of 750
1356		-	Legislative Management. The amount authorized for the issuance and 751
1357		-	sale of such bonds in each of the following fiscal years shall not exceed 752
1358		-	the following corresponding amount for each such fiscal year, provided, 753
1359		-	to the extent the Office of Legislative Management does not provide for 754
1360		-	the use of all or a portion of such amount in any such fiscal year, such 755
1361		-	amount not provided for shall be carried forward and added to the 756
1362		-	authorized amount for the next succeeding fiscal year, and, provided 757
1363		-	further, the costs of issuance and capitalized interest, if any, may be 758
1364		-	added to the capped amount in each fiscal year, and each of the 759
1365		-	authorized amounts shall be effective on July first of the fiscal year 760
1366		-	indicated as follows: 761
1367		-	T409 Fiscal Year Ending June Thirtieth Amount Substitute Bill No. 10
1368		-
1369		-
1370		-	LCO 36 of 39
1371		-
1372		-	T410 2025 15,000,000
1373		-	T411 2026 15,000,000
1374		-	T412 2027 15,000,000
1375		-	T413 Total $45,000,000
1376		-
1377		-	(b) The State Bond Commission shall approve a memorandum of 762
1378		-	understanding between the Office of Legislative Management and the 763
1379		-	state, acting by and through the Secretary of the Office of Policy and 764
1380		-	Management and the Treasurer, providing for the issuance of said 765
1381		-	bonds for the purposes of projects undertaken by the Office of 766
1382		-	Legislative Management for alterations, renovations and restoration of 767
1383		-	the State Capitol and Legislative Office Building, including interior and 768
1384		-	exterior restoration and compliance with the Americans with 769
1385		-	Disabilities Act, including provisions regarding the extent to which 770
1386		-	federal, private or other moneys then available or thereafter to be made 771
1387		-	available for costs should be added to the proceeds of the bonds 772
1388		-	authorized pursuant to this section for such projects. The memorandum 773
1389		-	of understanding shall be deemed to satisfy the provisions of section 3-774
1390		-	20 of the general statutes and the exercise of any right or power granted 775
1391		-	thereby that is not inconsistent with the provisions of this section. 776
1392		-	(c) All provisions of section 3-20 of the general statutes, or the exercise 777
1393		-	of any right or power granted thereby, that are not inconsistent with the 778
1394		-	provisions of this section are hereby adopted and shall apply to all 779
1395		-	bonds authorized by the State Bond Commission pursuant to this 780
1396		-	section. Temporary notes in anticipation of the money to be derived 781
1397		-	from the sale of any such bonds so authorized may be issued in 782
1398		-	accordance with said section, and from time to time renewed. All bonds 783
1399		-	issued pursuant to this section shall be general obligations of the state 784
1400		-	and the full faith and credit of the state of Connecticut are pledged for 785
1401		-	the payment of the principal of and interest on said bonds as the same 786
1402		-	become due, and accordingly and as part of the contract of the state with 787
1403		-	the holders of said bonds, appropriation of all amounts necessary for 788
1404		-	punctual payment of such principal and interest is hereby made, and 789 Substitute Bill No. 10
1405		-
1406		-
1407		-	LCO 37 of 39
1408		-
1409		-	the Treasurer shall pay such principal and interest as the same become 790
1410		-	due. 791
1411		-	(d) Subject to the amount of limitations of the capping provisions in 792
1412		-	subsection (a) of this section, the principal amount of the bonds 793
1413		-	authorized under this section shall be deemed to be an appropriation 794
1414		-	and allocation of such amount, and such approval of such request shall 795
1415		-	be deemed the allotment by the Governor of such capital outlays within 796
1416		-	the meaning of section 4-85 of the general statutes. 797
1417		-	Sec. 53. (NEW) (Effective July 1, 2024) Not later than October 1, 2024, 798
1418		-	and quarterly thereafter, the Department of Housing shall submit a 799
1419		-	report, in accordance with the provisions of section 11-4a of the general 800
1420		-	statutes, to the joint standing committee of the General Assembly 801
1421		-	having cognizance of matters relating to finance, revenue and bonding. 802
1422		-	Such report shall include for the prior fiscal year, and the prior quarter, 803
1423		-	the following information regarding funds obtained by the department 804
1424		-	pursuant to bond authorizations in section 8-336n of the general 805
1425		-	statutes, sections 8 to 10, inclusive, and sections 27 to 29, inclusive, of 806
1426		-	public act 23-205, or any similar public act: 807
1427		-	(1) The specific programs for which the department used funds 808
1428		-	obtained pursuant to said bond authorizations, and the amount from 809
1429		-	each authorization used for each specific program; 810
1430		-	(2) A description of the department's activities that address 811
1431		-	supportive housing under the programs described in subdivision (1) of 812
1432		-	this section, and the amount of funds obtained from each authorization 813
1433		-	used for such activities; and 814
1434		-	(3) The amount of funds obtained pursuant to each of said bond 815
1435		-	authorizations that was provided by the department to the Connecticut 816
1436		-	Housing Finance Authority for administration of programs related to 817
1437		-	housing 818 Substitute Bill No. 10
1438		-
1439		-
1440		-	LCO 38 of 39
1441		-
	486	+	public act 23-205, from time to time to authorize the issuance of bonds 331
	487	+	of the state in one or more series and in principal amounts in the 332
	488	+	aggregate, not exceeding [$306,000,000] $311,000,000. 333
	489	+	Sec. 16. Subdivision (6) of subsection (b) of section 32 of public act 23-334
	490	+	205 is amended to read as follows (Effective July 1, 2024): 335
	491	+	(6) Microgrid and resilience grant and loan pilot program, not 336
	492	+	exceeding [$25,000,000] $30,000,000; 337
	493	+	Sec. 17. Section 45 of public act 23-205 is amended to read as follows 338
	494	+	(Effective July 1, 2024): 339
	495	+	The State Bond Commission shall have power, in accordance with the 340
	496	+	provisions of this section and sections 46 to 50, inclusive, of [this act] 341
	497	+	public act 23-205, from time to time to authorize the issuance of special 342
	498	+	tax obligation bonds of the state in one or more series and in principal 343
	499	+	amounts in the aggregate, not exceeding [$1,530,772,000] $1,632,272,000. 344
	500	+	Sec. 18. Subdivision (4) of subsection (a) of section 46 of public act 23-345
	501	+	205 is amended to read as follows (Effective July 1, 2024): 346
	502	+	(4) Environmental compliance, soil and groundwater remediation, 347
	503	+	hazardous materials abatement, demolition, salt shed construction and 348
	504	+	renovation, storage tank replacement and environmental emergency 349
	505	+	response at or in the vicinity of state-owned properties or related to 350
	506	+	Department of Transportation operations, not exceeding [$17,065,000] 351
	507	+	$18,565,000; 352
	508	+	Sec. 19. Subdivision (7) of subsection (a) of section 46 of public act 23-353
	509	+	205 is amended to read as follows (Effective July 1, 2024): 354
	510	+	(7) Fix-it-First program to repair the state's bridges, not exceeding 355
	511	+	[$62,250,000] $162,250,000; 356
1442	512		This act shall take effect as follows and shall amend the following
1443	513		sections:
1444	514
1445		-	Section 1 July 1, 2024 New section
	515	+	Section 1 July 1, 2024 New section Governor's Bill No. 10
	516	+
	517	+
	518	+
	519	+	LCO No. 294 14 of 14
	520	+
1446	521		Sec. 2 July 1, 2024 New section
1447	522		Sec. 3 July 1, 2024 New section
1448	523		Sec. 4 July 1, 2024 New section
1449	524		Sec. 5 July 1, 2024 New section
1450	525		Sec. 6 July 1, 2024 New section
1451	526		Sec. 7 July 1, 2024 New section
1452		-	Sec. 8 July 1, 2024 New section
1453		-	Sec. 9 July 1, 2024 New section
1454		-	Sec. 10 July 1, 2024 New section
1455		-	Sec. 11 July 1, 2024 New section
1456		-	Sec. 12 July 1, 2024 New section
1457		-	Sec. 13 July 1, 2024 New section
1458		-	Sec. 14 July 1, 2024 New section
1459		-	Sec. 15 July 1, 2024 New section
1460		-	Sec. 16 July 1, 2024 7-538(a)
1461		-	Sec. 17 July 1, 2024 8-37mm(a)
1462		-	Sec. 18 July 1, 2024 10a-109d(a)(10)
1463		-	Sec. 19 July 1, 2024 10a-109e(a)
1464		-	Sec. 20 July 1, 2024 10a-109g(a)(1)
1465		-	Sec. 21 July 1, 2024 10a-109n(a)
1466		-	Sec. 22 July 1, 2024 13b-74(b)
1467		-	Sec. 23 July 1, 2024 13b-236
1468		-	Sec. 24 from passage 17a-250(b)
1469		-	Sec. 25 July 1, 2024 29-1bb(e)(1)
1470		-	Sec. 26 July 1, 2024 PA 13-239, Sec. 1
1471		-	Sec. 27 July 1, 2024 PA 13-239, Sec. 2(l)(4)
1472		-	Sec. 28 July 1, 2024 PA 15-1 of the June Sp.
1473		-	Sess., Sec. 1
1474		-	Sec. 29 July 1, 2024 PA 15-1 of the June Sp.
1475		-	Sess., Sec. 2(n)(4)
1476		-	Sec. 30 July 1, 2024 PA 15-1 of the June Sp.
1477		-	Sess., Sec. 20
1478		-	Sec. 31 July 1, 2024 PA 15-1 of the June Sp.
1479		-	Sess., Sec. 21(n)(5)
1480		-	Sec. 32 July 1, 2024 PA 17-2 of the June Sp.
1481		-	Sess., Sec. 377 Substitute Bill No. 10
	527	+	Sec. 8 from passage 10a-109d(a)
	528	+	Sec. 9 from passage 10a-109g(a)
	529	+	Sec. 10 from passage 17a-250(b)
	530	+	Sec. 11 from passage PA 17-2 of the June Sp.
	531	+	Sess., Sec. 397(c)
	532	+	Sec. 12 from passage PA 23-205, Sec. 13(a)(4)
	533	+	Sec. 13 July 1, 2024 PA 23-205, Sec. 20
	534	+	Sec. 14 July 1, 2024 PA 23-205, Sec. 21(a)
	535	+	Sec. 15 July 1, 2024 PA 23-205, Sec. 31
	536	+	Sec. 16 July 1, 2024 PA 23-205, Sec. 32(b)(6)
	537	+	Sec. 17 July 1, 2024 PA 23-205, Sec. 45
	538	+	Sec. 18 July 1, 2024 PA 23-205, Sec. 46(a)(4)
	539	+	Sec. 19 July 1, 2024 PA 23-205, Sec. 46(a)(7)
1482	540
1483		-
1484		-	LCO 39 of 39
1485		-
1486		-	Sec. 33 July 1, 2024 PA 17-2 of the June Sp.
1487		-	Sess., Sec. 378(i)(5)
1488		-	Sec. 34 from passage PA 17-2 of the June Sp.
1489		-	Sess., Sec. 397(c)
1490		-	Sec. 35 July 1, 2024 PA 17-2 of the June Sp.
1491		-	Sess., Sec. 407
1492		-	Sec. 36 July 1, 2024 Repealer section
1493		-	Sec. 37 July 1, 2024 PA 20-1, Sec. 1
1494		-	Sec. 38 July 1, 2024 PA 20-1, Sec. 2(j)(4)
1495		-	Sec. 39 July 1, 2024 PA 23-205, Sec. 2(o)(2)
1496		-	Sec. 40 July 1, 2024 PA 23-205, Sec. 20
1497		-	Sec. 41 July 1, 2024 PA 23-205, Sec. 21(l)(2)
1498		-	Sec. 42 July 1, 2024 PA 23-205, Sec. 21(l)(4)
1499		-	Sec. 43 July 1, 2024 PA 23-205, Sec. 21(l)(6)
1500		-	Sec. 44 July 1, 2024 PA 23-205, Sec. 31
1501		-	Sec. 45 July 1, 2024 PA 23-205, Sec. 32(b)(6)
1502		-	Sec. 46 July 1, 2024 PA 23-205, Sec. 45
1503		-	Sec. 47 July 1, 2024 PA 23-205, Sec. 46(a)(4)
1504		-	Sec. 48 July 1, 2024 PA 23-205, Sec. 46(a)(7)
1505		-	Sec. 49 July 1, 2024 PA 23-205, Sec. 46(b)
1506		-	Sec. 50 July 1, 2024 New section
1507		-	Sec. 51 July 1, 2024 New section
1508		-	Sec. 52 July 1, 2024 New section
1509		-	Sec. 53 July 1, 2024 New section
1510		-
1511		-	FIN Joint Favorable Subst.
	541	+	Statement of Purpose:
	542	+	To implement the Governor's budget recommendations.
	543	+	[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except
	544	+	that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not
	545	+	underlined.]
1512	546