Bill Text: CT HB05548 | 2011 | General Assembly | Introduced


Bill Title: An Act Concerning Development Of Criteria For Approving Bonds Of The State.

Spectrum: Partisan Bill (Republican 5-0)

Status: (Introduced - Dead) 2011-01-20 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05548 Detail]

Download: Connecticut-2011-HB05548-Introduced.html

General Assembly

 

Proposed Bill No. 5548

 

January Session, 2011

 

LCO No. 1364

   

Referred to Committee on Finance, Revenue and Bonding

 

Introduced by:

 

REP. CAFERO, 142nd Dist.

REP. CANDELORA, 86th Dist.

REP. KLARIDES, 114th Dist.

SEN. MCKINNEY, 28th Dist.

SEN. FASANO, 34th Dist.

 

AN ACT CONCERNING DEVELOPMENT OF CRITERIA FOR APPROVING BONDS OF THE STATE.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

That the general statutes be amended to require the Finance, Revenue and Bonding Committee to create new criteria for all future bond projects. The new criteria for projects shall also include a contingency plan for approval of bonding projects that are of an emergency nature. The committee shall take into consideration approval of bond projects that will promote job growth, economic development, impact on critical state services in areas of public safety, school construction, transportation and technology, impact on alternative energy sources, including fuel cell technology, and contribution toward government efficiency. Any new criteria created by the committee shall be approved by General Assembly.

Statement of Purpose:

To provide criteria to consider in authorizing bonding, in order to limit bond authorizations to include only what is essential.

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