summary
Introduced
02/19/2026
02/19/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
2026 General Assembly
Bill Summary
To provide funding for the Waterbury Land Bank Authority to acquire, maintain, remediate or develop real property and for related projects in the city of Waterbury.
AI Summary
This bill authorizes the State Bond Commission to issue up to five million dollars in state bonds, with the proceeds to be used by the Department of Economic and Community Development to provide a grant-in-aid to the Waterbury Land Bank Authority. This funding is intended to help the Waterbury Land Bank Authority acquire, maintain, remediate (clean up or fix environmental issues), or develop real property, as well as support related projects within the city of Waterbury. The bill also incorporates existing state laws regarding bond issuance and repayment, ensuring that these new bonds are general obligations of the state, backed by the full faith and credit of Connecticut.
Committee Categories
Business and Industry
Sponsors (2)
Other Sponsors (1)
Commerce Committee (Joint)
Last Action
Commerce Public Hearing (00:00:00 2/24/2026 ) (on 02/24/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00241&which_year=2026 |
| BillText | https://www.cga.ct.gov/2026/TOB/S/PDF/2026SB-00241-R00-SB.PDF |
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