LCO No. 2493 1 of 1 General Assembly Proposed Bill No. 787 January Session, 2025 LCO No. 2493 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. SOMERS, 18th Dist. REP. BUMGARDNER, 41st Dist. AN ACT AUTHORIZING BONDS OF THE STATE FOR CONSTRUCTION OF THE USS GROTON SAIL MONUMENT. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the State Bond Commission be empowered to authorize the 1 issuance of bonds of the state in accordance with section 3-20 of the 2 general statutes, in principal amounts not exceeding in the aggregate 3 three hundred thousand dollars, in the fiscal year ending June 30, 2026, 4 the proceeds of which shall be used by the Department of Economic and 5 Community Development for the purpose of providing a grant-in-aid 6 to the USS Groton Sail Foundation to complete construction of the USS 7 Groton Sail Monument. 8 Statement of Purpose: To provide funding to complete construction of the USS Groton Sail Monument.