summary
Introduced
02/04/2026
02/04/2026
In Committee
02/11/2026
02/11/2026
Crossed Over
Passed
Dead
Introduced Session
2026 General Assembly
Bill Summary
To establish the Supplemental Graduate Student Loan Program, allow up to ten million dollars in state bonds for said program, allocate not less than sixty million dollars in annual private activity bonds for the Connecticut Higher Education Supplemental Loan Authority and increase the authority's bonding authorization cap.
AI Summary
This bill establishes a Supplemental Graduate Student Loan Program, allowing the Connecticut Higher Education Supplemental Loan Authority (CHELSA) to provide loans to students enrolled in eligible graduate programs, which are advanced academic or professional degree programs requiring a bachelor's degree. To fund this program, the state will issue up to ten million dollars in bonds, and CHELSA's authority to issue private activity bonds will be increased, with a minimum of sixty million dollars annually dedicated to CHELSA for this purpose. Additionally, the bill raises the cap on the total amount of bonds that can be outstanding and secured by special capital reserve funds from three hundred fifty million dollars to seven hundred fifty million dollars.
Committee Categories
Education
Sponsors (25)
Saud Anwar (D),
Jorge Cabrera (D),
Christine Cohen (D),
Eilish Collins Main (D),
Bob Duff (D),
Mae Flexer (D),
Sujata Gadkar-Wilcox (D),
Herron Gaston (D),
Joan Hartley (D),
Jan Hochadel (D),
Paul Honig (D),
Julie Kushner (D),
Matt Lesser (D),
Martin Looney (D),
Rick Lopes (D),
Ceci Maher (D),
James Maroney (D),
Martha Marx (D),
Doug McCrory (D),
Pat Miller (D),
Norm Needleman (D),
Cathy Osten (D),
M.D. Rahman (D),
Kaitlyn Shake (D),
Derek Slap (D),
Other Sponsors (1)
Higher Education and Employment Advancement Committee (Joint)
Last Action
Higher Education and Employment Advancement Public Hearing (00:00:00 2/17/2026 ) (on 02/17/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00008&which_year=2026 |
| BillText | https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00008-R01-SB.PDF |
| BillText | https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00008-R00-SB.PDF |
Loading...