Bill > SB00918

This bill authorizes the State Bond Commission to issue up to $1.4 million in state bonds to provide funding for the Department of Energy and Environmental Protection (DEEP) to purchase a specific piece of real estate known as the "Bond property" located in the town of Montville. The bonds will be issued in accordance with section 3-20 of the state's general statutes, which governs the process for state bond issuance. The purpose of this bill is to provide a grant-in-aid to facilitate the acquisition of this property, likely for conservation, environmental, or public use purposes, though the specific intended use is not detailed in the bill text. The bill represents a legislative mechanism to authorize state funding for a specific land purchase through the issuance of government bonds.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00918&which_year=2025