Connecticut 2025 Regular Session

Connecticut Senate Bill SB00918

Introduced
1/22/25  

Caption

An Act Authorizing The Bonds Of The State For The Purchase Of The Bond Property In The Town Of Montville.

Impact

The approval of SB00918 would have implications for state financial management and property acquisition in Connecticut. By facilitating the purchasing of land, the bill is oriented towards promoting environmental conservation or development projects spearheaded by the Department of Energy and Environmental Protection. This financial maneuver may potentially enhance the state’s ecological sustainability efforts or support future projects that require designated land for environmental conservation initiatives.

Summary

SB00918 is a proposed act aimed at authorizing the issuance of state bonds for the purpose of purchasing real property known as the Bond property in Montville. The bill seeks to empower the State Bond Commission to issue bonds, with the total amount not exceeding one million four hundred thousand dollars. The proceeds from the bond issuance will be allocated to the Department of Energy and Environmental Protection, which will use the funds to facilitate the purchase of this property. This act is framed within the context of state financing initiatives to acquire land that presumably holds environmental or public utility significance.

Contention

Key points of contention surrounding SB00918 may arise from the utilization of state funds for property acquisition. Advocates for the bill argue that investing in such properties is crucial for public interests and environmental stewardship. However, critics might question the necessity and prioritization of this funding, particularly in light of other pressing state issues that require financial attention. The financial implications of bond issuance can be a matter of public debate, specifically regarding how effectively the funds will be utilized and whether alternative investments may be more beneficial for state welfare.

Companion Bills

No companion bills found.

Previously Filed As

CT SB00090

An Act Authorizing Bonds Of The State For The Purchase Of Security Cameras By The Town Of Montville.

CT SB00363

An Act Authorizing Bonds Of The State To Purchase A Generator For The Montville Senior Center.

CT SB00692

An Act Authorizing Bonds Of The State To Redevelop The Old Town Hall In Montville.

CT SB00357

An Act Authorizing Bonds Of The State To Purchase A Generator For The Social Services Building In Montville.

CT SB00333

An Act Authorizing Bonds Of The State To Redevelop A Building Owned By The Town Of Montville.

CT SB00689

An Act Authorizing Bonds Of The State For Capital Repairs To Vfw Post 10060 In The Town Of Montville.

CT SB00067

An Act Authorizing Bonds Of The State For Repairs And Rehabilitation Of Properties By The Montville Housing Authority.

CT SB00070

An Act Authorizing Bonds Of The State To Replace The Roof And Repoint Bricks On The Montville Town Hall.

CT SB00065

An Act Authorizing Bonds Of The State To Rehabilitate The Pavilion At Camp Oakdale In The Town Of Montville.

CT SB00795

An Act Authorizing Bonds Of The State For Renovations By The Montville Housing Authority.

Similar Bills

No similar bills found.