Bill > SB00938

This bill authorizes the State Bond Commission to issue up to $500,000 in state bonds to provide a planning grant to the town of Ledyard for expanding sewer lines along Connecticut Route 12. The funding will be administered by the Department of Energy and Environmental Protection (DEEP), and the bonds will be issued in accordance with existing state statutory procedures under section 3-20 of the general statutes. The purpose of this grant is to support preliminary planning work for extending sewer infrastructure in a specific area of the town, which could potentially improve municipal utility services and support local development. By using bond financing, the state can provide upfront capital for the planning phase without immediately requiring a full cash expenditure, spreading the cost over time through bond repayment.

Budget and Finance

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00938&which_year=2025