Connecticut 2014 Regular Session

Connecticut Senate Bill SB00030

Introduced
2/7/14  
Introduced
2/7/14  
Refer
2/7/14  
Refer
2/7/14  
Report Pass
3/13/14  
Report Pass
3/13/14  
Report Pass
4/1/14  
Report Pass
4/1/14  
Refer
4/14/14  

Caption

An Act Concerning The Board Of Regents For Higher Education Infrastructure Act.

Impact

If signed into law, SB00030 will replace existing statutes concerning higher education funding and infrastructure. It outlines a commitment from the state to finance the acquisition, construction, and improvement of educational facilities, which will directly influence the operational capacities and service quality of community colleges and state universities. Importantly, the act emphasizes transparency and accountability through required performance reviews and regular updates to the Governor and General Assembly regarding progress and financial assessments of funded projects.

Summary

SB00030, also known as The Board of Regents for Higher Education Infrastructure Act, aims to improve the infrastructure within the Connecticut State University System and affiliated colleges by providing a solid financial framework for capital improvement projects. The plan encompasses upgrades, renovations, and new constructions essential for modernizing educational facilities, thereby contributing to enhanced learning environments for current and future students. The act's approval will facilitate needed investments through the issuance of general obligation bonds, with an aggregate limit of up to $1.053 billion dedicated to these projects.

Sentiment

The discussion surrounding SB00030 appears to evoke a sense of urgency and optimism among proponents who argue that enhancing infrastructure is vital to maintaining the competitiveness of Connecticut's higher education landscape. They foresee that improved facilities will attract more students and faculty and ultimately support economic development in the area. However, concerns may also arise regarding fiscal responsibility and the long-term implications of indebtedness on the state, leading to potential disagreements among lawmakers about its future viability and budgetary impact.

Contention

Notable points of contention center around the scope of the funding and the management of these improvements, particularly how projects will be prioritized and how effectively funds will be allocated among various institutions. Legislators may argue over the specific needs of different campuses and whether the funding approach reflects an equitable distribution model, ensuring all institutions benefit appropriately. Additionally, the requirement for detailed reporting on expenditures and outcomes may lead to debates on accountability standards and the state's role in overseeing such extensive capital projects.

Companion Bills

No companion bills found.

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