Bill Text: CT SB00591 | 2011 | General Assembly | Introduced
Bill Title: An Act Concerning The Use Of Bond Proceeds.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-01-21 - Referred to Joint Committee on Finance, Revenue and Bonding [SB00591 Detail]
Download: Connecticut-2011-SB00591-Introduced.html
General Assembly |
Proposed Bill No. 591 |
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January Session, 2011 |
LCO No. 943 | ||||
Referred to Committee on Finance, Revenue and Bonding |
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Introduced by: |
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SEN. BOUCHER, 26th Dist. |
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AN ACT CONCERNING THE USE OF BOND PROCEEDS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That the general statutes be amended to provide that bond proceeds may only be used for the program or project specifically authorized by the General Assembly and allocated by the State Bond Commission.
Statement of Purpose:
To prohibit the use of any bonding proceeds to cover budgetary expenses.