Sec. 13b-58. State Transportation Fund established. Section 13b-58 is repealed.
(P.A. 74-342, S. 1, 43; P.A. 75-568, S. 44, 45.)
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Sec. 13b-59. Definitions. As used in title 13a or in this title, unless the context
clearly indicates a different meaning or intent, all terms which are defined in section 4-69 shall have the respective meanings ascribed thereto in said section. As used in sections
13b-59 and 13b-61, unless the context clearly indicates a different meaning or intent:
(a) All terms which are defined in section 13b-2 shall have the respective meanings
ascribed thereto in said section;
(b) "Expressway revenues" means all tolls, rates, rents, fees, charges and other
income derived from the operation of any expressway referred to in part III(C) of chapter 240;
(c) "Highway tolls" means all tolls, fees, rentals and other charges, except expressway revenues, for transit over or use of any highway, bridge or ferry, including all
receipts from fees, coupons or tickets provided for under section 13a-155;
(d) "License, permit and fee revenues" means (1) all fees and other charges required
by, or levied pursuant to sections 12-487, 13b-80 and 13b-97, subsection (b) of section
14-12, sections 14-16a, 14-21c, 14-44h and 14-44i, subsection (v) of section 14-49,
subsections (b) and (f) of section 14-50, subdivisions (5), (6), (7), (8), (11), (12) and
(13) of subsection (a) of section 14-50a, sections 14-52, 14-58, 14-67l and 14-69, subsection (e) of section 14-73, sections 14-96q and 14-103a, subsection (a) of section 14-164a, subsection (a) of section 14-192, subsection (d) of section 14-270, sections 14-319
and 14-320 and sections 13b-410a to 13b-410c, inclusive; (2) all aeronautics, waterways,
and other fees and charges required by, or levied pursuant to sections 13a-80 and 13a-80a, subsection (b) of section 13b-42 and subsections (b) and (c) of section 15-13; and
(3) all motor vehicle related fines, penalties or other charges as defined in subsection (g);
(e) "Motor fuel taxes" means any tax now or hereafter imposed by authority of the
state with respect to or measured by the sale or use, as a fuel in internal combustion
engines or for the propulsion of motor vehicles, of products commonly or commercially
known or sold as gasoline or any other substances prepared, advertised for sale or sold
for use as a fuel in internal combustion engines or for the propulsion of motor vehicles,
including the taxes provided for by chapter 221 or chapter 222;
(f) "Motor vehicle receipts" means all fees and other charges required by or levied
pursuant to subsection (c) of section 14-12, section 14-15, subsection (a) of section 14-25a, section 14-28, subsection (b) of section 14-35, subsection (b) of section 14-41,
section 14-41a, subsection (b) of section 14-44, sections 14-47 and 14-48b, subsection
(a) of section 14-49, subdivision (1) of subsection (b) of section 14-49, except as provided under subdivision (2) of subsection (b) of said section, subsections (c), (d), (e),
(f), (g), (h), (i), (k), (l), (m), (n), (o), (p), (q), (s), (t), (u), (x), (y) and (aa) of section 14-49, section 14-49a, subsections (a) and (g) of section 14-50, subdivisions (1), (2), (3),
(4), (9), (10) and (14) of subsection (a) of section 14-50a, sections 14-59, 14-61 and 14-65, subsection (c) of section 14-66, subsection (e) of section 14-67, subsection (f) of
section 14-67a, sections 14-67d, 14-160 and 14-381, and subsection (b) of section
14-382;
(g) "Motor vehicle related fines, penalties or other charges" means all fines, penalties or other charges required by, or levied pursuant to subsection (a) of section 14-12,
sections 14-12s, 14-13, 14-16, 14-17, 14-18, 14-26, 14-27 and 14-29, subsection (d) of
section 14-35 and sections 14-36, 14-39, 14-43, 14-45, 14-64, 14-80, 14-81, 14-97, 14-98, 14-99, 14-101, 14-102, 14-103, 14-104, 14-105, 14-106, 14-110, 14-111, 14-112,
14-137a, 14-140, 14-145, 14-146, 14-147, 14-148, 14-149, 14-150, 14-151, 14-152, 14-161, subsection (f) of section 14-164i, 14-196, 14-197, 14-198, 14-213, 14-214, 14-215, 14-216, 14-217, 14-218a, 14-219, 14-220, 14-221, 14-222, 14-223, 14-224, 14-225, 14-226, 14-228, 14-230, 14-231, 14-232, 14-233, 14-234, 14-235, 14-236, 14-237,
14-238, 14-239, 14-240, 14-241, 14-242, 14-243, 14-244, 14-245, 14-246a, 14-247, 14-249, 14-250, 14-257, 14-260, 14-261, 14-262, 14-264, 14-267a, 14-269, subsection (g)
of section 14-270, sections 14-271, 14-273, 14-274, 14-275, 14-276, 14-277, 14-279,
14-280, 14-281, 14-282, 14-283, 14-285, 14-286, 14-295, 14-296, 14-300, 14-314, 14-329, 14-331, 14-342, 14-386, 14-386a, 14-387, 15-7, 15-8, 15-9, 15-16, 15-25 and
15-33;
(h) "Motor vehicle taxes" means any fees, excises or licenses or other taxes imposed
by authority of the state relating to registration, operation or use of motor vehicles
including all receipts of the Commissioner of Motor Vehicles or his department, but
not including in any case tolls, fees, rentals and charges for transit over or use of any
expressway, highway, bridge or ferry or revenue received by the state in fees for the
numbering of motorboats;
(i) "Treasurer" means the State Treasurer and includes each successor in office or
authority; and
(j) "Special Transportation Fund" means the Special Transportation Fund created
under section 13b-68.
(P.A. 74-342, S. 2, 43; P.A. 75-568, S. 36, 45; June Sp. Sess. P.A. 83-30, S. 2, 8; P.A. 84-254, S. 1, 62; P.A. 85-413,
S. 1, 8; P.A. 86-403, S. 122, 132; P.A. 87-589, S. 4, 87; P.A. 90-143, S. 1; 90-263, S. 72, 74; June Sp. Sess. P.A. 91-13,
S. 1, 21; P.A. 92-177, S. 10, 12; P.A. 93-307, S. 15, 34; P.A. 97-62, S. 7; P.A. 98-182, S. 8, 22; P.A. 99-215, S. 3; 99-268,
S. 7, 32, 46; 99-287, S. 5, 9; P.A. 00-169, S. 22; P.A. 02-70, S. 73; P.A. 03-115, S. 57; June 30 Sp. Sess. P.A. 03-3, S. 38;
P.A. 05-218, S. 31; P.A. 06-196, S. 93.)
History: P.A. 75-568 deleted definitions for "debt service charges" and "mass transportation", deleted "sections 13b-58 to 13b-65, inclusive" and substituted "title 13a or in title 13b" following "as used in", and added "as used in sections
13b-59 to 13b-62, inclusive, and 13b-65, unless the context clearly indicates a different meaning or intent" before Subsec.
(a); June Sp. Sess. P.A. 83-30 added Subsec. (i) defining "special transportation fund"; P.A. 84-254 relettered the subsections and added Subsecs. (d), (f) and (g), defining, respectively, "license, permit and fee revenues", "motor vehicle receipts"
and "motor vehicle related fines, penalties or other charges" and deleted former Subsec. (g) which defined "transportation
fund"; P.A. 85-413 made technical change in Subsec. (d), substituting reference to Subsecs. (b) and (c) of Sec. 15-13 for
reference to Sec. 15-14; P.A. 86-403 amended Subsec. (d) to refer to definition in Subsec. (g) and deleted references to
Secs. 14-251 and 14-252 in Subsec. (g), effective June 11, 1986, and applicable to all moneys received or collected by the
state on or after July 1, 1985; P.A. 87-589 made technical change; P.A. 90-143 amended Subsec. (g) to delete reference
to Sec. 14-108; P.A. 90-263 amended Subsec. (d) to include in "license, permit and fee revenues" reference to fees levied
pursuant to Secs. 14-44h and 14-44i; June Sp. Sess. P.A. 91-13 amended Subsec. (f) to include references to Subsec. (c)
of Sec. 14-12, Subsecs. (o) and (aa) of Sec. 14-49, Subsec. (a)(14) of Sec. 14-50a, Sec. 14-61, Sec. 14-65 and Subsec. (b)
of Sec. 14-164a and amended Subsec. (g) to include reference to Sec. 14-137a; P.A. 92-177 amended (1) Subsec. (d) to
include in "license, permit and fee revenues" reference to fees levied pursuant to Subsec. (d) of Sec. 14-270, (2) Subsec.
(g) to include in "motor vehicle related fines, penalties or other charges" reference to penalties levied pursuant to Subsec.
(f) of Sec. 14-270 and to delete reference to Sec. 14-265; (Revisor's note: In 1993 obsolete references in Subsec. (g) to
repealed Secs. 14-125 and 14-133 were deleted editorially by the Revisors); P.A. 93-307 amended definition of "license,
permit and fee revenues" to delete references to Sec. 13b-404 and Sec. 13b-405 which were repealed by the same act,
substituting reference to Secs. 13b-410a to 13b-410c, inclusive, effective June 29, 1993; P.A. 97-62 deleted Subsec. (i)
defining "1954 declaration" and relettered existing Subsecs. (j) and (k) as (i) and (j), respectively; P.A. 98-182 amended
Subsec. (g) by deleting Sec. 14-164a, pertaining to fines collected for violations of participation or conduct in motor vehicle
racing, effective July 1, 1998; P.A. 99-215 amended Subsec. (g) by changing reference to Sec. 14-270(f) to Sec. 14-270(g);
P.A. 99-268 amended Subsec. (g) by deleting reference to Sec. 14-82, and, effective July 1, 1999, by adding reference to
Sec. 14-164i(f); P.A. 99-287 amended Subsec. (g) by adding reference to Sec. 14-12s, effective July 1, 1999; P.A. 00-169
revised effective date of P.A. 99-268 but without affecting this section; P.A. 02-70 amended Subsec. (d) to delete reference
to repealed Sec. 14-53, effective July 1, 2002; P.A. 03-115 amended Subsec. (i) to make a technical change; June 30 Sp.
Sess. P.A. 03-3 amended Subsec. (f) to delete reference to Sec. 14-164a(b), effective August 20, 2003; P.A. 05-218 amended
Subsec. (f) by deleting reference to Sec. 14-383, effective July 1, 2005; P.A. 06-196 made technical changes in Subsec.
(f), effective June 7, 2006.
See Sec. 13b-70 re surcharges on motor vehicle related fines, penalties and other charges as defined in Subsec. (g) of
this section.
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Sec. 13b-60. Moneys in Transportation Fund to be paid into General Fund.
Section 13b-60 is repealed.
(P.A. 74-342, S. 3, 43; P.A. 75-568, S. 37, 45; P.A. 84-254, S. 61, 62.)
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Sec. 13b-61. Revenues credited to Special Transportation Fund. (a) On and
after July 1, 1975, there shall be paid promptly to the State Treasurer and thereupon,
unless required to be otherwise applied by the terms of any lien, pledge or obligation
created by or pursuant to the 1954 declaration or part III (C) of chapter 240, credited to
the General Fund:
(1) All moneys received or collected by the state or any officer thereof on account
of, or derived from, motor fuel taxes; provided on and after July 1, 1983, one cent of
the amount imposed per gallon before July 1, 1984, and received or collected from any
rate of such tax on motor fuels shall be credited by the State Treasurer to the Special
Transportation Fund;
(2) All moneys received or collected by the state or any officer thereof on account
of, or derived from, motor vehicle taxes;
(3) All moneys received or collected by the state or any officer thereof on account
of, or derived from, expressway revenues;
(4) All moneys becoming payable, under the terms of the 1954 declaration and part
III (C) of chapter 240, into the Highway or Additional Expressway Construction Funds
mentioned in said declaration;
(5) All moneys received or collected by the state or any officer thereof on account
of, or derived from, highway tolls;
(6) All other moneys received or collected by the commissioner or his department; and
(7) Any other receipts of the state required by law to be paid into the state Highway
Fund or the Transportation Fund other than proceeds of bonds or other securities of the
state or of federal grants under the provisions of federal law.
(b) Notwithstanding any provision of subsection (a) of this section to the contrary,
there shall be paid promptly to the State Treasurer and thereupon, unless required to be
applied by the terms of any lien, pledge or obligation created by or pursuant to the 1954
declaration, part III (C) of chapter 240, credited to the Special Transportation Fund:
(1) On and after July 1, 1984, all moneys received or collected by the state or any
officer thereof on account of, or derived from, sections 12-458 and 12-479, provided
the State Comptroller is authorized to record as revenue to the General Fund for the
fiscal year ending June 30, 1984, the amount of tax levied in accordance with said
sections 12-458 and 12-479, on all fuel sold or used prior to the end of said fiscal year
and which tax is received no later than July 31, 1984;
(2) On and after July 1, 1984, all moneys received or collected by the state or any
officer thereof on account of, or derived from, motor vehicle receipts;
(3) On and after July 1, 1984, all moneys received or collected by the state or any
officer thereof on account of, or derived from, (A) subsection (a) of section 14-192, and
(B) royalty payments for retail sales of gasoline pursuant to section 13a-80;
(4) On and after July 1, 1985, all moneys received or collected by the state or any
officer thereof on account of, or derived from, license, permit and fee revenues as defined
in section 13b-59, except as provided under subdivision (3) of this subsection;
(5) On or after July 1, 1989, all moneys received or collected by the state or any
officer thereof on account of, or derived from, section 13b-70;
(6) On and after July 1, 1984, all transportation-related federal revenues of the state;
(7) On and after July 1, 1997, all moneys received or collected by the state or any
officer thereof on account of, or derived from, fees for the relocation of a gasoline station
under section 14-320;
(8) On and after July 1, 1997, all moneys received or collected by the state or any
officer thereof on account of, or derived from, section 14-319;
(9) On and after July 1, 1997, all moneys received or collected by the state or any
officer thereof on account of, or derived from, fees collected pursuant to section 14-327b for motor fuel quality registration of distributors;
(10) On and after July 1, 1997, all moneys received or collected by the state or any
officer thereof on account of, or derived from, annual registration fees for motor fuel
dispensers and weighing or measuring devices pursuant to section 43-3;
(11) On and after July 1, 1997, all moneys received or collected by the state or any
officer thereof on account of, or derived from, fees for the issuance of identity cards
pursuant to section 1-1h;
(12) On and after July 1, 1997, all moneys received or collected by the state or any
officer thereof on account of, or derived from, safety fees pursuant to subsection (w) of
section 14-49;
(13) On and after July 1, 1997, all moneys received or collected by the state or any
officer thereof on account of, or derived from, late fees for the emissions inspection of
motor vehicles pursuant to subsection (k) of section 14-164c;
(14) On and after July 1, 1997, all moneys received or collected by the state or any
officer thereof on account of, or derived from, the sale of information by the Commissioner of Motor Vehicles pursuant to subsection (b) of section 14-50a; and
(15) On and after October 1, 1998, all moneys received by the state or any officer
thereof on account of, or derived from, section 14-212b.
(P.A. 74-342, S. 4, 43; P.A. 75-568, S. 38, 45; June Sp. Sess. P.A. 83-30, S. 3, 8; P.A. 84-254, S. 2, 62; P.A. 85-413,
S. 2, 8; P.A. 97-309, S. 2, 23; 97-322, S. 7, 9; P.A. 98-165, S. 2; P.A. 00-196, S. 7; June Sp. Sess. P.A. 01-9, S. 46, 131;
P.A. 02-70, S. 82; June 30 Sp. Sess. P.A. 03-4, S. 20; P.A. 04-4, S. 9; 04-143, S. 29; 04-149, S. 3; 04-182, S. 17; June Sp.
Sess. P.A. 05-4, S. 52.)
History: P.A. 75-568 substituted "general fund" for "transportation fund" and "July 1, 1975" for "July 1, 1974", and,
in Subsec. (a) deleted proviso pertaining to the general fund and in Subsec. (d) the reference to the transportation fund;
June Sp. Sess. P.A. 83-30 amended Subsec. (a) to provide that, on and after July 1, 1983, one cent of motor fuels tax be
credited to special transportation fund; P.A. 84-254 designated prior provisions as Subsec. (a) and added Subsec. (b)
requiring certain revenues to be deposited in special transportation fund; P.A. 85-413 changed the effective date of Subdiv.
(5) of Subsec. (b) from July 1, 1985, to July 1, 1989; P.A. 97-309 amended Subsec. (b) to add new Subdivs. (7) to (14),
effective July 1, 1997; P.A. 97-322 changed effective date of P.A. 97-309 but without affecting this section; P.A. 98-165
amended Subsec. (b) to delete redundant language in Subdiv. (14) and to add Subdiv. (15) re moneys received on account
of or derived from Sec. 14-212b; P.A. 00-196 made technical changes in Subsec. (b); June Sp. Sess. P.A. 01-9 made a
technical change in Subsec. (b)(3) and changed a reference in Subsec. (b)(13) from "subsection (g)" to "subsection (j)" of
Sec. 14-164c, effective July 1, 2001; P.A. 02-70 amended Subsec. (b)(13) to replace reference to Subsec. (j) with reference
to Subsec. (k) of Sec. 14-164c, effective June 3, 2002; June 30 Sp. Sess. P.A. 03-4 amended Subsec. (b) to add new Subdiv.
(16) re deposit of revenues into Transportation Strategy Board projects account, effective August 20, 2003; P.A. 04-4
amended Subsec. (b)(16) to provide for the deposit of revenue from certain motor vehicle license fees into the Transportation
Strategy Board projects account, effective March 11, 2004; P.A. 04-143 amended Subsec. (b)(16) to eliminate sunset date
for deposit of incremental revenues into Transportation Strategy Board projects account and to provide that account is
located within Special Transportation Fund, effective May 21, 2004; P.A. 04-149 amended Subsec. (b)(16) to replace
reference to the Infrastructure Improvement Fund with reference to the Special Transportation Fund, effective May 21,
2004; P.A. 04-182 amended Subsec. (b)(16) to include additional statutory sections under which incremental revenues are
generated, effective June 1, 2004; June Sp. Sess. P.A. 05-4 amended Subsec. (b) to delete former Subdiv. (16) re deposit
of incremental revenues into Transportation Strategy Board projects account, effective July 1, 2005.
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Sec. 13b-61a. Deposit of revenues from gross earnings from sales of petroleum
products attributable to sales of motor vehicle fuel, and from sales of petroleum
products generally, into Special Transportation Fund. Procedures in case of shortfall in revenues. (a) Notwithstanding the provisions of section 13b-61: (1) For calendar
quarters ending on or after September 30, 1998, and prior to September 30, 1999, the
Commissioner of Revenue Services shall deposit into the Special Transportation Fund
established under section 13b-68 five million dollars of the amount of funds received
by the state from the tax imposed under section 12-587 on the gross earnings from the
sales of petroleum products attributable to sales of motor vehicle fuel; (2) for calendar
quarters ending September 30, 1999, and prior to September 30, 2000, the commissioner
shall deposit into the Special Transportation Fund nine million dollars of the amount
of such funds received by the state from the tax imposed under said section 12-587 on
the gross earnings from the sales of petroleum products attributable to sales of motor
vehicle fuel; (3) for calendar quarters ending September 30, 2000, and prior to September
30, 2002, the commissioner shall deposit into the Special Transportation Fund eleven
million five hundred thousand dollars of the amount of such funds received by the state
from the tax imposed under said section 12-587 on the gross earnings from the sales of
petroleum products attributable to sales of motor vehicle fuel; (4) for the calendar quarters ending September 30, 2002, and prior to September 30, 2003, the commissioner
shall deposit into the Special Transportation Fund, five million dollars of the amount
of such funds received by the state from the tax imposed under said section 12-587 on
the gross earnings from the sales of petroleum products attributable to sales of motor
vehicle fuel; (5) for the calendar quarter ending September 30, 2003, and prior to September 30, 2005, the commissioner shall deposit into the Special Transportation Fund, five
million two hundred fifty thousand dollars of the amount of such funds received by the
state from the tax imposed under said section 12-587 on the gross earnings from the
sales of petroleum products attributable to sales of motor vehicle fuel; and (6) for the
calendar quarters ending September 30, 2005, and prior to September 30, 2006, the
commissioner shall deposit into the Special Transportation Fund ten million eight hundred and seventy-five thousand dollars of the amount of such funds received by the state
from the tax imposed under said section 12-587 on the gross earnings from the sales of
petroleum products attributable to sales of motor vehicle fuel.
(b) Notwithstanding the provisions of section 13b-61, for calendar quarters ending
on or after September 30, 2006, the Comptroller shall deposit into the Special Transportation Fund an annual amount in accordance with the following schedule, from such
funds received by the state from the tax imposed under said section 12-587 on the gross
earnings from the sales of petroleum products. Such transfers shall be made in quarterly
installments.
| Fiscal Year | Annual Transfer |
| 2007 | $141,000,000 |
| 2008 | $164,000,000 |
| 2009 | $180,900,000 |
| 2010 | $180,900,000 |
| 2011 | $200,900,000 |
| 2012 | $200,900,000 |
| 2013 | $200,900,000 |
| 2014 and thereafter | $219,400,000 |
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Sec. 13b-61b. Deposits of revenues from sales of motor vehicles taxable under
section 12-431. Notwithstanding the provisions of section 13b-61, the Commissioner
of Motor Vehicles shall deposit into the Special Transportation Fund established under
section 13b-68, funds received by the state from the tax imposed under section 12-431 attributable to motor vehicles under said section 12-431, in accordance with the
following schedule: (1) Ten million dollars of the amount received by the state for the
fiscal year ending June 30, 2000; and (2) for the fiscal year ending June 30, 2001, and
each fiscal year thereafter, the total amount of funds received by the state from the tax
imposed under section 12-431 attributable to motor vehicles under said section 12-431.
Such funds shall be deposited into the Special Transportation Fund on a monthly basis.
(P.A. 98-128, S. 2, 10; P.A. 00-170, S. 12, 42.)
History: P.A. 98-128 effective July 1, 1998; P.A. 00-170 deleted former Subdivs. (2) to (4), inclusive, and added new
Subdiv. (2) providing for monthly deposit into the Special Transportation Fund of all revenues from sales of motor vehicles
for the fiscal year ending June 30, 2001, and each fiscal year thereafter, effective July 1, 2000, and applicable to sales
occurring on or after that date.
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Secs. 13b-62 to 13b-67. Moneys in Transportation Fund from state securities
or federal grants to be paid into General Fund. Fund only for transportation purposes; appropriations for mass transportation controlled. Percentage of appropriations required for mass transportation. Expenditures payable from Transportation Fund to be paid from General Fund. Appropriations for mass transportation.
Amount required. Sections 13b-62 to 13b-67, inclusive, are repealed.
(P.A. 74-342, S. 5-8, 43; P.A. 75-568, S. 39, 40, 42-45; 75-596, S. 1-3; P.A. 84-254, S. 61, 62.)
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Sec. 13b-68. Special Transportation Fund. Transportation Grants and Restricted Accounts Fund. (a) There is established a fund to be known as the "Special
Transportation Fund". The fund may contain any moneys required or permitted by law
to be deposited in the fund and any moneys recovered by the state for overpayments,
improper payments or duplicate payments made by the state relating to any transportation infrastructure improvements which have been financed by special tax obligation
bonds issued pursuant to sections 13b-74 to 13b-77, inclusive, and shall be held by the
State Treasurer separate and apart from all other moneys, funds and accounts. Investment
earnings credited to the assets of said fund shall become part of the assets of said fund.
Any balance remaining in said fund at the end of any fiscal year shall be carried forward
in said fund for the fiscal year next succeeding.
(b) There is established a fund to be known as the "Transportation Grants and Restricted Accounts Fund". Upon certification by the Comptroller and the Secretary of
the Office of Policy and Management that the CORE-CT project for fiscal services
is operational, the fund shall contain all transportation moneys that are restricted, not
available for general use and previously accounted for in the Special Transportation
Fund as "Federal and Other Grants". The Comptroller is authorized to make such transfers as are necessary to provide that, notwithstanding any provision of the general statutes, all transportation moneys that are restricted and not available for general use are
in the Transportation Grants and Restricted Accounts Fund.
(June Sp. Sess. P.A. 83-30, S. 1, 8; P.A. 97-309, S. 3, 23; 97-322, S. 7, 9; June 5 Sp. Sess. P.A. 97-2, S. 24, 25; P.A.
00-170, S. 13, 42; P.A. 03-115, S. 58; May Sp. Sess. P.A. 04-2, S. 80.)
History: P.A. 97-309 designated existing Sec. as Subsec. (a), added provision that the balance not exceeding twenty
million dollars be carried forward and added new Subsec. (b) re use of remaining balance in fund exceeding twenty million
dollars, effective July 1, 1997; P.A. 97-322 changed effective date of P.A. 97-309 but without affecting this section; June
5 Sp. Sess. P.A. 97-2 amended Subsec. (a) to add moneys recovered by the state for overpayments, improper and duplicate
payments made by the state relating to any transportation infrastructure improvements financed by special tax obligation
bonds under Secs. 13b-74 to 13b-77, effective July 23, 1997; P.A. 00-170 amended Subsec. (a) to delete Subdiv. designator
and provision re balance not exceeding twenty million dollars, and deleted former Subsec. (b) re use of unexpended balance
in the fund at the end of the fiscal year, effective July 1, 2000; P.A. 03-115 made a technical change; May Sp. Sess. P.A.
04-2 designated existing provisions as Subsec. (a) and added Subsec. (b) establishing "Transportation Grants and Restricted
Accounts Fund", effective July 1, 2004.
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Sec. 13b-69. Expenditure of resources of Special Transportation Fund. (a) The
Treasurer shall apply the resources in the Special Transportation Fund, upon their receipt, first, to pay or provide for the payment of debt service requirements, as defined
in section 13b-75, at such time or times, in such amount or amounts and in such manner,
as provided by the proceedings authorizing the issuance of special tax obligation bonds
pursuant to sections 13b-74 to 13b-77, inclusive, and then to pay from the Transportation
Strategy Board projects account of the Special Transportation Fund, established under
section 13b-57r, the incremental revenues identified in approved annual financing plans
for cash funding in accordance with the provisions of section 13b-57q.
(b) The remaining resources of the Special Transportation Fund shall, pursuant to
appropriation thereof in accordance with chapter 50 and subject to approval by the
Governor of allotment thereof, be applied and expended for (1) payment of the principal
of and interest on "general obligation bonds of the state issued for transportation purposes", as defined in subsection (c) of this section, or any obligations refunding the
same, (2) payment of state budget appropriations made to or for the Department of
Transportation and the Department of Motor Vehicles, and (3) payment of state budget
appropriations made to or for the Department of Public Safety for members of the Division of State Police designated by the Commissioner of Public Safety for motor patrol
work pursuant to section 29-4, except that (A) for the fiscal years commencing on or
after July 1, 1998, excluding the highway motor patrol budgeted expenses and (B) for
the fiscal years commencing on or after July 1, 1999, excluding the highway motor
patrol fringe benefits.
(c) As used in this section, "general obligation bonds of the state issued for transportation purposes" means the aggregate principal amount, as determined by the Secretary
of the Office of Policy and Management, of state general obligation bonds authorized
for transportation purposes pursuant to the following authorizations issued and outstanding at any time: Special acts 406 of the 1959 session; 328 of the 1961 session, as amended;
362 of the 1963 session, as amended; 245 of the February 1965 special session, as
amended; 276 and 315 of the 1967 session, as amended; 255 and 281 of the 1969 session;
31 of the 1972 session, as amended; 73-74, as amended; 74-43; 74-102, as amended;
75-101; 76-84, as amended; 77-47; 78-70; 78-71, as amended; 78-81, as amended; 79-95; 80-41; 81-71; 82-46, as amended; 83-17 of the June special session; and 83-2 and
83-3 of the October special session; sections 4-66c; 13a-20; 13a-29; 13a-32 to 13a-35,
inclusive; 13a-157; 13a-165; 13a-166; 13a-176 to 13a-192, inclusive; 13a-197; 13a-198a to 13a-198j, inclusive; 13a-239 to 13a-246, inclusive; 16-338; 16a-40j and 16a-40k; and section 28 of public act 132 of 1959*, sections 8 and 13 of public act 325 of
the February 1965 special session*, as amended; sections 4 and 5 of public act 755 of
1969*, as amended; and section 1 of public act 80-392*.
(June Sp. Sess. P.A. 83-30, S. 4, 8; P.A. 84-254, S. 3, 62; P.A. 88-115, S. 1, 2; June Sp. Sess. P.A. 91-3, S. 29, 168;
P.A. 93-80, S. 45, 67; P.A. 96-180, S. 148, 166; P.A. 97-62, S. 8; 97-309, S. 4, 23; 97-322, S. 7, 9; P.A. 04-143, S. 30; 04-149, S. 4.)
*Note: section 28 of public act 132 of 1959, sections 8 and 13 of public act 325 of the February 1965 special session,
as amended, sections 4 and 5 of public act 755 of 1969, as amended, and section 1 of public act 80-392 are special in nature
and therefore have not been codified but remain in full force and effect according to their terms.
History: P.A. 84-254 divided section into Subsecs., added Subsec. (a) requiring resources of special transportation fund
to be applied first to payment of debt service requirements, added Subdivs. (1) and (2) to Subsec. (b), re required purposes
for expenditure of remaining resources of fund and added Subsec. (c) defining "general obligation bonds of the state issued
for transportation purposes"; P.A. 88-115 amended Subsec (b) to allow remaining resources of the special transportation
fund to be applied and expended for state budget appropriations made "for" the department of transportation; June Sp.
Sess. P.A. 91-3 amended Subsec. (b) to authorize use of fund's resources for payment of appropriations to or for department
of motor vehicles; P.A. 93-80 amended Subsec. (b) to add Subdiv. (3) authorizing use of fund's resources for payment of
appropriations to or for department of public safety for members of division of state police designated by commissioner
of public safety for motor patrol work pursuant to Sec. 29-4, effective July 1, 1993; P.A. 96-180 amended Subsec. (c) to
delete reference to repealed Secs. 13a-156, 13a-160 and 13a-214, effective June 3, 1996; P.A. 97-62 deleted reference to
Secs. 13a-199, 13a-202, 13a-204, 13a-206, 13a-207, 13a-208 and 13a-218; P.A. 97-309 amended Subdiv. (3) of Subsec.
(b) to add exception Subpara. (A) re highway motor patrol budgeted expenses and Subpara. (B) re highway motor patrol
fringe benefits, effective July 1, 1997; P.A. 97-322 changed effective date of P.A. 97-309 but without affecting this section;
P.A. 04-143 and P.A. 04-149 both amended Subsec. (a) to provide that resources in Special Transportation Fund shall be
applied to pay incremental revenues from Transportation Strategy Board projects account only after applied to payment
of debt service requirements, effective May 21, 2004.
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Sec. 13b-70. Surcharges on motor vehicle related fines, penalties and other
charges. Each person who pays a motor vehicle related fine, penalty or other charge,
as defined in subsection (g) of section 13b-59, shall pay, on and after July 1, 1989, an
additional amount equal to fifty per cent of the amount of such fine, penalty or other
charge imposed. Any such additional amount shall be rounded off to the next highest
dollar. The provisions of this section shall not apply to any fine, penalty or other charge
required by or levied pursuant to section 14-64 and section 14-150.
(P.A. 84-254, S. 59, 62; P.A. 85-413, S. 3, 8; June Sp. Sess. P.A. 91-13, S. 2, 21; P.A. 94-189, S. 1, 34; June 30 Sp.
Sess. P.A. 03-3, S. 39.)
History: P.A. 85-413 replaced the previous surcharge rate schedule, reducing percentages of fines imposed as additional
charges; June Sp. Sess. P.A. 91-13 removed language re increases in surcharges due in July of 1991 and 1993; P.A. 94-189 added the provision that section would not apply to any fine, penalty or other charge required by or levied pursuant
to Secs. 14-64 and 14-150 and Subsec. (b) of Sec. 14-164a, effective July 1, 1994; June 30 Sp. Sess. P.A. 03-3 deleted
reference to Sec. 14-164a(b), effective August 20, 2003.
Cited. 41 CA 454.
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Secs. 13b-71 to 13b-73. Reserved for future use.
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Sec. 13b-74. Special tax obligation bonds for transportation projects. Purposes. (a) Whenever the General Assembly has empowered the State Bond Commission
to authorize special tax obligation bonds of the state for specific transportation projects
and uses and has found that such projects and uses are for any of the purposes set forth
under subsection (b) of this section, and whenever the State Bond Commission finds
that the authorization of such bonds will be in the best interests of the state, the State
Bond Commission shall authorize the issuance of such bonds from time to time in one
or more series and in principal amounts not exceeding the aggregate amount authorized
therefor by the General Assembly.
(b) The purposes for which special tax obligation bonds may be issued pursuant to
sections 13b-74 to 13b-77, inclusive, are as follows:
(1) Planning, acquisition, removal, construction, equipping, reconstruction, repair,
rehabilitation and improvement of, and acquisition of easements and rights-of-way with
respect to, state highways and bridges;
(2) Payment of the state's share of the costs of planning, acquisition, removal, construction, equipping, reconstruction, repair, rehabilitation and improvement of, and acquisition of easements and rights-of-way with respect to, (A) state highways, (B) projects
on the interstate highway system, (C) alternate highway projects in the interstate highway substitution program, commonly referred to as the interstate trade-in program, (D)
state bridges, (E) mass transportation and transit facilities, (F) aeronautic facilities, excluding Bradley International Airport, and (G) waterway projects;
(3) Payment of the state's share of the costs of planning, acquisition, removal, construction, equipping, reconstruction, repair, rehabilitation and improvement of, and acquisition of easements and rights-of-way with respect to, the local bridge program established under sections 13a-175p to 13a-175u, inclusive, and payment of state
contributions to the Local Bridge Revolving Fund established under section 13a-175r;
(4) Planning, acquisition, removal, construction, equipping, reconstruction, repair,
rehabilitation and improvement of, and acquisition of easements and rights-of-way with
respect to, the highway safety program, including the rail-highway crossing, hazard
elimination and other highway safety programs on the state highway system;
(5) Planning, acquisition, removal, construction, equipping, reconstruction, repair,
rehabilitation and improvement of, and acquisition of easements and rights-of-way with
respect to, the maintenance garages and administrative facilities of the Department of
Transportation; and
(6) Planning, acquisition, removal, construction, equipping, reconstruction, repair,
rehabilitation and improvement of, and acquisition of easements and rights-of-way with
respect to, projects and purposes included in section 13b-57h.
(c) Upon authorization of bonds by the State Bond Commission pursuant to subsection (a) of this section, the principal amount of the bonds authorized therein for transportation costs with respect to such projects and uses shall be deemed to be an appropriation
and allocation of such amount for such projects or uses, respectively, and, subject to
approval by the Governor of allotment thereof and to any authorization for such projects
or uses that may otherwise be required, contracts may be awarded and obligations incurred with respect to any such projects or uses in amounts not in the aggregate exceeding
the principal amount authorized therefor, notwithstanding that such contracts and obligations may at a particular time exceed the amount of the proceeds from the sale of such
bonds theretofore received by the state.
(P.A. 84-254, S. 4, 62; June 30 Sp. Sess. P.A. 03-4, S. 18; P.A. 04-143, S. 15; June Sp. Sess. P.A. 05-4, S. 48.)
History: June 30 Sp. Sess. P.A. 03-4 amended Subsec. (b) to add new Subdiv. (6) re projects and purposes specified in
Sec. 13b-57h as purpose for which special tax obligation bonds may be issued, effective August 20, 2003; P.A. 04-143
made a technical change in Subsec. (b)(6), effective May 21, 2004; June Sp. Sess. P.A. 05-4 amended Subsec. (b)(6) by
deleting provision re Transportation Strategy Board projects approved for financing with special tax obligation bonds,
effective July 1, 2005.
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Sec. 13b-75. Definitions. As used in sections 13b-74 to 13b-77, inclusive, the following terms shall have the following meanings, unless the context clearly indicates a
different meaning or intent:
(1) "Bond" or "bonds" means one or more special tax obligation bonds authorized
to be issued pursuant to sections 13b-74 to 13b-77, inclusive, and, unless otherwise
indicated, any bonds issued to refund such bonds pursuant to section 13b-76.
(2) "Bond anticipation note" or "bond anticipation notes" means one or more special
tax obligation bond anticipation notes authorized to be issued pursuant to subsection
(m) of section 13b-76 in anticipation of the receipt of the proceeds of special tax obligation bonds.
(3) "Debt service requirements" means, for any period, the sum of (A) the principal
and interest accruing during such period with respect to bonds, the interest accruing
during such period with respect to bond anticipation notes and, subject to the provisions
of subsection (d) of section 13b-76 and the proceedings authorizing the issuance of
bonds or bond anticipation notes, the unrefunded principal accruing during such period
with respect to bond anticipation notes, (B) the purchase price of bonds and bond anticipation notes which are subject to purchase or redemption at the option of the bondowner
or noteowner, (C) the amounts, if any, required during such period to establish or maintain reserves, sinking funds or other funds or accounts at the respective levels required
to be established or maintained therein in accordance with the proceedings authorizing
the issuance of bonds, (D) expenses of issuance and administration with respect to bonds
and bond anticipation notes, as determined by the Treasurer, (E) the amounts, if any,
becoming due and payable under a reimbursement agreement or similar agreement entered into pursuant to authority granted under the proceedings authorizing the issuance
of bonds and bond anticipation notes and (F) any other costs or expenses deemed by
the Treasurer to be necessary or proper to be paid in connection with the bonds and
bond anticipation notes, including, without limitation, the cost of any credit facility,
including but not limited to a letter of credit or policy of bond insurance, issued by a
financial institution pursuant to an agreement approved by the proceedings authorizing
the issuance of bonds and bond anticipation notes.
(4) "Pledged revenues" means, for any year, taxes, fees, charges and other receipts
of the state credited to the Special Transportation Fund during such year pursuant to the
provisions of subsection (b) of section 13b-61, as amended from time to time.
(5) "Proceedings" means the proceedings of the State Bond Commission authorizing the issuance of bonds pursuant to subsection (e) of section 13b-76, the provisions
of any indenture of trust securing bonds or bond anticipation notes, which provisions
are incorporated into such proceedings, the provisions of any other documents or
agreements which are incorporated into such proceedings and, to the extent applicable,
a certificate of determination filed by the Treasurer in accordance with subsection (c)
or (m) of section 13b-76.
(6) "Transportation costs" means (A) any and all capital costs incurred in furtherance of the purposes set forth in subsection (b) of section 13b-74, (B) payment of principal of and interest on bond anticipation notes, (C) creation and maintenance of reserves
for the payment of the principal of and interest on any such bonds and bond anticipation
notes, (D) payment of expenses of administration properly chargeable to the construction
or acquisition of programs or projects included in subparagraph (A), including, without
limitation, legal, architectural and engineering expenses and fees, and costs of audits,
(E) payment of costs, fees and expenses which the Treasurer may deem necessary or
advantageous in connection with the authorization, sale and issuance of bonds or bond
anticipation notes, including but not limited to, underwriters' discount, and (F) payment
of all other items of expense not elsewhere specified or incurred in connection with a
project or program included in subparagraph (A).
(P.A. 84-254, S. 5, 62.)
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Sec. 13b-76. Bond procedures and provisions. (a) Bonds and bond anticipation
notes issued pursuant to sections 13b-74 to 13b-77, inclusive, are hereby determined to
be issued for valid public purposes in exercise of essential governmental functions. Such
bonds and bond anticipation notes shall be special obligations of the state and shall not
be payable from or charged upon any funds other than the pledged revenues or other
receipts, funds or moneys pledged therefor as provided in sections 3-21a, 3-27a, 3-27f,
12-458 and 12-458d, subsection (c) of section 13a-80a, sections 13a-175p to 13a-175u,
inclusive, subsection (f) of section 13b-42, sections 13b-59, 13b-61, 13b-69, 13b-71,
13b-74 to 13b-77, inclusive, and 13b-80, subsection (a) of section 13b-97, subsection
(a) of section 14-12, sections 14-15, 14-16a and 14-21c, subsection (a) of section 14-25a, section 14-28, subsection (b) of section 14-35, subsection (b) of section 14-41,
section 14-41a, subsection (a) of section 14-44, sections 14-47, 14-48b, 14-49 and 14-50, subsection (a) of section 14-50a, sections 14-52 and 14-58, subsection (c) of section
14-66, subsection (e) of section 14-67, sections 14-67a, 14-67d, 14-67l and 14-69, subsection (e) of section 14-73, subsection (c) of section 14-96q, sections 14-103a and 14-160, subsection (a) of section 14-164a, subsection (a) of section 14-192, sections 14-319, 14-320 and 14-381, subsection (b) of section 14-382 and sections 15-14 and 16-299, nor shall the state or any political subdivision thereof be subject to any liability
thereon, except to the extent of such pledged revenues or other receipts, funds or moneys
pledged therefor as provided in said sections. As part of the contract of the state with
the owners of said bonds and bond anticipation notes, all amounts necessary for punctual
payment of the debt service requirements with respect to such bonds and bond anticipation notes shall be deemed to be appropriated, but only from the sources pledged pursuant
to said sections, upon the authorization of issuance of such bonds and bond anticipation
notes by the State Bond Commission, or the filing of a certificate of determination by
the Treasurer in accordance with subsection (c) of this section, and the Treasurer shall
pay such principal and interest as the same shall accrue, but only from such sources.
The issuance of bonds or bond anticipation notes issued under sections 13b-74 to 13b-77, inclusive, shall not directly or indirectly or contingently obligate the state or any
political subdivision thereof to levy or to pledge any form of taxation whatever therefor,
except for taxes included in the pledged revenues, or to make any additional appropriation for their payment. Such bonds and bond anticipation notes shall not constitute a
charge, lien or encumbrance, legal or equitable, upon any property of the state or of any
political subdivision thereof other than the pledged revenues or other receipts, funds or
moneys pledged therefor as provided in sections 3-21a, 3-27a, 3-27f, 12-458 and 12-458d, subsection (c) of section 13a-80a, sections 13a-175p to 13a-175u, inclusive, subsection (f) of section 13b-42, sections 13b-59, 13b-61, 13b-69, 13b-71, 13b-74 to 13b-77, inclusive, and 13b-80, subsection (a) of section 13b-97, subsection (a) of section
14-12, sections 14-15, 14-16a and 14-21c, subsection (a) of section 14-25a, section 14-28, subsection (b) of section 14-35, subsection (b) of section 14-41, section 14-41a,
subsection (a) of section 14-44, sections 14-47, 14-48b, 14-49 and 14-50, subsection
(a) of section 14-50a, sections 14-52 and 14-58, subsection (c) of section 14-66, subsection (e) of section 14-67, sections 14-67a, 14-67d, 14-67l and 14-69, subsection (e) of
section 14-73, subsection (c) of section 14-96q, sections 14-103a and 14-160, subsection
(a) of section 14-164a, subsection (a) of section 14-192, sections 14-319, 14-320 and
14-381, subsection (b) of section 14-382 and section 15-14, and the substance of such
limitation shall be plainly stated on the face of each such bond and bond anticipation
note. Bonds and bond anticipation notes issued pursuant to sections 13b-74 to 13b-77,
inclusive, shall not be subject to any statutory limitation on the indebtedness of the state,
and, when issued, shall not be included in computing the aggregate indebtedness of the
state in respect to and to the extent of any such limitation.
(b) Bonds issued pursuant to sections 13b-74 to 13b-77, inclusive, may be executed
and delivered at such time or times and shall be dated, bear interest at such rate or rates,
including variable rates to be determined in such manner as set forth in the proceedings
authorizing the issuance of the bonds, provide for payment of interest on such dates,
whether before or at maturity, be issued at, above or below par, mature at such time or
times not exceeding thirty years from their date, have such rank or priority, be payable
in such medium of payment, be issued in such form, including without limitation registered or book-entry form, carry such registration and transfer privileges and be made
subject to purchase or redemption before maturity at such price or prices and under such
terms and conditions, including the condition that such bonds be subject to purchase or
redemption on the demand of the owner thereof, all as may be provided by the State
Bond Commission. The State Bond Commission shall determine the form of the bonds,
the manner of execution of the bonds, the denomination or denominations of the bonds
and the manner of payment of principal and interest. Prior to the preparation of definitive
bonds, the State Bond Commission may, under like restrictions, authorize the issuance
of interim receipts or temporary bonds, exchangeable for definitive bonds when such
bonds have been executed and are available for delivery. If any of the officers whose
signatures appear on the bonds cease to be officers before the delivery of any such bonds,
such signatures shall, nevertheless, be valid and sufficient for all purposes, the same as
if such officers had remained in office until delivery. Nothing herein shall prevent any
series of bonds issued under sections 3-21a, 3-27a, 3-27f, 12-458 and 12-458d, subsection (c) of section 13a-80a, sections 13a-175p to 13a-175u, inclusive, subsection (f) of
section 13b-42, sections 13b-59, 13b-61, 13b-69, 13b-71, 13b-74 to 13b-77, inclusive,
and 13b-80, subsection (a) of section 13b-97, subsection (a) of section 14-12, sections
14-15, 14-16a and 14-21c, subsection (a) of section 14-25a, section 14-28, subsection
(b) of section 14-35, subsection (b) of section 14-41, section 14-41a, subsection (a) of
section 14-44, sections 14-47, 14-48b, 14-49 and 14-50, subsection (a) of section 14-50a, sections 14-52 and 14-58, subsection (c) of section 14-66, subsection (e) of section
14-67, sections 14-67a, 14-67d, 14-67l and 14-69, subsection (e) of section 14-73, subsection (c) of section 14-96q, sections 14-103a and 14-160, subsection (a) of section
14-164a, subsection (a) of section 14-192, sections 14-319, 14-320 and 14-381, subsection (b) of section 14-382 and sections 15-14 and 16-299 from being issued in coupon
form, in which case references to the bonds herein also shall refer to the coupons attached
thereto where appropriate, and references to owners of bonds shall include holders of
such bonds where appropriate.
(c) Any bonds issued pursuant to sections 13b-74 to 13b-77, inclusive, may be sold
at public sale on sealed proposals or by negotiation in such manner, at such price or
prices, at such time or times and on such other terms and conditions of such bonds and
the issuance and sale thereof as the State Bond Commission may determine to be in the
best interests of the state, or the State Bond Commission may delegate to the Treasurer
all or any part of the foregoing powers in which event the Treasurer shall exercise such
powers unless the State Bond Commission, by adoption of a resolution prior to the
exercise of such powers by the Treasurer shall elect to reassume the same. Such powers
shall be exercised from time to time in such manner as the Treasurer shall determine to
be in the best interests of the state and he shall file a certificate of determination setting
forth the details thereof with the secretary of the State Bond Commission on or before
the date of delivery of such bonds, the details of which were determined by him in
accordance with such delegation.
(d) The debt service requirements with respect to any bonds and bond anticipation
notes issued pursuant to sections 13b-74 to 13b-77, inclusive, shall be secured by (1) a
first call upon the pledged revenues as they are received by the state and credited to the
Special Transportation Fund established under section 13b-68, and (2) a lien upon any
and all amounts held to the credit of said Special Transportation Fund from time to
time, provided said lien shall not extend to amounts held to the credit of such Special
Transportation Fund which represent (A) amounts borrowed by the Treasurer in anticipation of state revenues pursuant to section 3-16, or (B) transportation-related federal
revenues of the state. Any obligation of the state secured by said lien to pay the unrefunded principal of bond anticipation notes, including for this purpose any obligation
of the state under a reimbursement agreement entered into in connection with a credit
facility providing for payment of the unrefunded principal of bond anticipation notes,
shall be subordinate to any obligation of the state secured by said lien to pay (i) the debt
service requirements with respect to bonds, or (ii) any debt service requirements with
respect to bond anticipation notes other than debt service requirements relating to unrefunded principal of bond anticipation notes or to obligations under a credit facility for
the payment of such unrefunded principal. The debt service requirements with respect
to bonds and bond anticipation notes also may be secured by a pledge of reserves, sinking
funds and any other funds and accounts, including proceeds from investment of any of
the foregoing, established pursuant to sections 3-21a, 3-27a, 3-27f, 12-458 and 12-458d,
subsection (c) of section 13a-80a, sections 13a-175p to 13a-175u, inclusive, subsection
(f) of section 13b-42, sections 13b-59, 13b-61, 13b-69, 13b-71, 13b-74 to 13b-77, inclusive, and 13b-80, subsection (a) of section 13b-97, subsection (a) of section 14-12,
sections 14-15, 14-16a and 14-21c, subsection (a) of section 14-25a, section 14-28,
subsection (b) of section 14-35, subsection (b) of section 14-41, section 14-41a, subsection (a) of section 14-44, sections 14-47, 14-48b, 14-49 and 14-50, subsection (a) of
section 14-50a, sections 14-52 and 14-58, subsection (c) of section 14-66, subsection
(e) of section 14-67, sections 14-67a, 14-67d, 14-67l and 14-69, subsection (e) of section
14-73, subsection (c) of section 14-96q, sections 14-103a and 14-160, subsection (a) of
section 14-164a, subsection (a) of section 14-192, sections 14-319, 14-320 and 14-381,
subsection (b) of section 14-382 and sections 15-14 and 16-299 or the proceedings
authorizing the issuance of such bonds, and by moneys paid under a credit facility,
including, but not limited to, a letter of credit or policy of bond insurance, issued by a
financial institution pursuant to an agreement authorized by such proceedings.
(e) The proceedings under which bonds are authorized to be issued may, subject to
the provisions of the general statutes, contain any or all of the following: (1) Provisions
respecting custody of the proceeds from the sale of the bonds and any bond anticipation
notes, including any requirements that such proceeds be held separate from or not be
commingled with other funds of the state; (2) provisions for the investment and reinvestment of bond proceeds until used to pay transportation costs and for the disposition of any
excess bond proceeds or investment earnings thereon; (3) provisions for the execution of
reimbursement agreements or similar agreements in connection with credit facilities,
including, but not limited to, letters of credit or policies of bond insurance, remarketing
agreements and agreements for the purpose of moderating interest rate fluctuations, and
of such other agreements entered into pursuant to section 3-20a; (4) provisions for the
collection, custody, investment, reinvestment and use of the pledged revenues or other
receipts, funds or moneys pledged therefor as provided in sections 3-21a, 3-27a, 3-27f,
12-458 and 12-458d, subsection (c) of section 13a-80a, sections 13a-175p to 13a-175u,
inclusive, subsection (f) of section 13b-42, sections 13b-59, 13b-61, 13b-69, 13b-71,
13b-74 to 13b-77, inclusive, and 13b-80, subsection (a) of section 13b-97, subsection
(a) of section 14-12, sections 14-15, 14-16a and 14-21c, subsection (a) of section 14-25a, section 14-28, subsection (b) of section 14-35, subsection (b) of section 14-41,
section 14-41a, subsection (a) of section 14-44, sections 14-47, 14-48b, 14-49 and 14-50, subsection (a) of section 14-50a, sections 14-52 and 14-58, subsection (c) of section
14-66, subsection (e) of section 14-67, sections 14-67a, 14-67d, 14-67l and 14-69, subsection (e) of section 14-73, subsection (c) of section 14-96q, sections 14-103a and 14-160, subsection (a) of section 14-164a, subsection (a) of section 14-192, sections 14-319, 14-320 and 14-381, subsection (b) of section 14-382 and sections 15-14 and 16-299; (5) provisions regarding the establishment and maintenance of reserves, sinking
funds and any other funds and accounts as shall be approved by the State Bond Commission in such amounts as may be established by the State Bond Commission, and the
regulation and disposition thereof, including requirements that any such funds and accounts be held separate from or not be commingled with other funds of the state; (6)
covenants for the establishment of pledged revenue coverage requirements for the bonds
and bond anticipation notes, provided that no such covenant shall obligate the state to
provide coverage in any year with respect to any bonds or bond anticipation notes in
excess of four times the aggregate debt service on bonds and bond anticipation notes,
as described in subparagraph (A) of subdivision (3) of section 13b-75, during such year;
(7) covenants for the establishment of maintenance requirements with respect to state
transportation facilities and properties; (8) provisions for the issuance of additional
bonds on a parity with bonds theretofore issued, including establishment of coverage
requirements with respect thereto as herein provided; (9) provisions regarding the rights
and remedies available in case of a default to the bondowners, noteowners or any trustee
under any contract, loan agreement, document, instrument or trust indenture, including
the right to appoint a trustee to represent their interests upon occurrence of an event of
default, as defined in said proceedings, provided that if any bonds or bond anticipation
notes shall be secured by a trust indenture, the respective owners of such bonds or notes
shall have no authority except as set forth in such trust indenture to appoint a separate
trustee to represent them; and (10) provisions or covenants of like or different character
from the foregoing which are consistent with sections 3-21a, 3-27a, 3-27f, 12-458 and
12-458d, subsection (c) of section 13a-80a, sections 13a-175p to 13a-175u, inclusive,
subsection (f) of section 13b-42, sections 13b-59, 13b-61, 13b-69, 13b-71, 13b-74 to
13b-77, inclusive, and 13b-80, subsection (a) of section 13b-97, subsection (a) of section
14-12, sections 14-15, 14-16a and 14-21c, subsection (a) of section 14-25a, section 14-28, subsection (b) of section 14-35, subsection (b) of section 14-41, section 14-41a,
subsection (a) of section 14-44, sections 14-47, 14-48b, 14-49 and 14-50, subsection
(a) of section 14-50a, sections 14-52 and 14-58, subsection (c) of section 14-66, subsection (e) of section 14-67, sections 14-67a, 14-67d, 14-67l and 14-69, subsection (e) of
section 14-73, subsection (c) of section 14-96q, sections 14-103a and 14-160, subsection
(a) of section 14-164a, subsection (a) of section 14-192, sections 14-319, 14-320 and
14-381, subsection (b) of section 14-382 and sections 15-14 and 16-299 and which the
State Bond Commission determines in such proceedings are necessary, convenient or
desirable in order to better secure the bonds or bond anticipation notes, or will tend to
make the bonds or bond anticipation notes more marketable, and which are in the best
interests of the state. Any provision which may be included in proceedings authorizing
the issuance of bonds hereunder may be included in an indenture of trust duly approved
in accordance with subsection (g) of this section which secures the bonds and any notes
issued in anticipation thereof, and in such case the provisions of such indenture shall
be deemed to be a part of such proceedings as though they were expressly included
therein.
(f) Any pledge made by the state shall be valid and binding from the time when the
pledge is made, and any revenues or other receipts, funds or moneys so pledged and
thereafter received by the state shall be subject immediately to the lien of such pledge
without any physical delivery thereof or further act. The lien of any such pledge shall
be valid and binding as against all parties having claims of any kind in tort, contract, or
otherwise against the state, irrespective of whether such parties have notice thereof.
Neither the resolution nor any other instrument by which a pledge is created need be
recorded.
(g) In the discretion of the State Bond Commission, bonds issued pursuant to sections 13b-74 to 13b-77, inclusive, including for this purpose any bond anticipation notes,
may be secured by a trust indenture by and between the state and a corporate trustee,
which may be any trust company or bank having the powers of a trust company within
or without the state. Such trust indenture may contain such provisions for protecting
and enforcing the rights and remedies of the bondowners and noteowners as may be
reasonable and proper and not in violation of law, including covenants setting forth the
duties of the state in relation to the exercise of its powers pursuant to sections 3-21a, 3-27a, 3-27f, 12-458 and 12-458d, subsection (c) of section 13a-80a, sections 13a-175p
to 13a-175u, inclusive, subsection (f) of section 13b-42, sections 13b-59, 13b-61, 13b-69, 13b-71, 13b-74 to 13b-77, inclusive, and 13b-80, subsection (a) of section 13b-97,
subsection (a) of section 14-12, sections 14-15, 14-16a and 14-21c, subsection (a) of
section 14-25a, section 14-28, subsection (b) of section 14-35, subsection (b) of section
14-41, section 14-41a, subsection (a) of section 14-44, sections 14-47, 14-48b, 14-49
and 14-50, subsection (a) of section 14-50a, sections 14-52 and 14-58, subsection (c)
of section 14-66, subsection (e) of section 14-67, sections 14-67a, 14-67d, 14-67l and
14-69, subsection (e) of section 14-73, subsection (c) of section 14-96q, sections 14-103a and 14-160, subsection (a) of section 14-164a, subsection (a) of section 14-192,
sections 14-319, 14-320 and 14-381, subsection (b) of section 14-382 and sections 15-14 and 16-299 and the custody, safeguarding and application of all moneys. The state
may provide by such trust indenture for the payment of the pledged revenues or other
receipts, funds or moneys to the trustee under such trust indenture or to any other depository, and for the method of disbursement thereof, with such safeguards and restrictions
as it may determine. All expenses incurred in carrying out such trust indenture may be
treated as transportation costs, as defined in section 13b-75.
(h) The Treasurer shall have power to purchase bonds and bond anticipation notes
of the state issued pursuant to this section out of any funds available therefor. The
Treasurer may hold, pledge, cancel or resell such bonds and bond anticipation notes
subject to and in accordance with agreements with bondowners or noteowners.
(i) Whether or not the bonds and bond anticipation notes issued pursuant to sections
13b-74 to 13b-77, inclusive, are of such form and character as to be negotiable instruments under the terms of the Uniform Commercial Code, such bonds and bond anticipation notes are hereby made negotiable instruments within the meaning of and for all
purposes of the Uniform Commercial Code, subject only to the provisions of such bonds
and bond anticipation notes for registration.
(j) The proceeds of bonds and bond anticipation notes issued pursuant to sections
13b-74 to 13b-77, inclusive, may be used to pay only transportation costs. Costs incurred
relating to any of the purposes for which special tax obligation bonds may be issued
pursuant to subsection (b) of section 13b-74 shall be deemed transportation costs. Nothing in this subsection shall limit the issuance of refunding bonds pursuant to subsection
(l) of this section.
(k) Any moneys held by the Treasurer or by a trustee pursuant to a trust indenture
with respect to bonds and bond anticipation notes issued pursuant to sections 13b-74 to
13b-77, inclusive, including pledged revenues, other pledged receipts, funds or moneys
and proceeds from the sale of such bonds and bond anticipation notes, may, pending
the use or application of the proceeds thereof for an authorized purpose, be (1) invested
and reinvested in such obligations, securities and investments as are set forth in subsection (f) of section 3-20 and in participation certificates in the Short Term Investment
Fund created under section 3-27a, or (2) deposited or redeposited in such bank or banks
as shall be provided in the resolution authorizing the issuance of such bonds, the certificate of determination authorizing issuance of such bond anticipation notes or in the
indenture securing such bonds or bond anticipation notes. Proceeds from investments
authorized by this subparagraph, less amounts required under the proceedings authorizing the issuance of bonds for the payment of transportation costs relating to such bonds,
shall be credited to the Special Transportation Fund created under section 13b-68.
(l) Any bonds issued under the provisions of sections 13b-74 to 13b-77, inclusive,
and any general obligation bonds of the state issued for transportation purposes, as
defined in subsection (c) of section 13b-69, and at any time outstanding may, at any
time and from time to time, be refunded by the state by the issuance of its refunding
bonds in such amounts as the State Bond Commission may deem necessary, but not to
exceed an amount sufficient to refund the principal of the bonds to be so refunded, to
pay any unpaid interest on such bonds and any premiums and commissions necessary
to be paid in connection with such bonds and to pay costs and expenses which the
Treasurer may deem necessary or advantageous in connection with the authorization,
sale and issuance of refunding bonds. Any such refunding may be effected whether the
bonds to be refunded shall have matured or shall thereafter mature. All refunding bonds
issued under this subsection shall be payable solely from the revenues or other receipts,
funds or moneys out of which the bonds to be refunded thereby are payable and shall
be subject to and may be secured in accordance with the provisions of this section.
(m) Whenever the issuance of bonds has been authorized pursuant to sections 13b-74 to 13b-77, inclusive, the Treasurer may, pending the issuance thereof, and, subject
to any applicable terms or provisions of the proceedings authorizing such issuances,
issue, in the name of the state, bond anticipation notes and any renewals thereof. Notes
evidencing such borrowings shall be designated "Bond Anticipation Notes" and shall
be signed by the Treasurer or his deputy. The principal of and interest on any bond
anticipation notes issued pursuant to this subsection may be repaid from pledged revenues or other pledged receipts, funds or moneys, to the extent not paid from the proceeds
of renewals thereof or of the bonds. Upon the sale of the bonds, the proceeds thereof,
to the extent required, shall be applied forthwith to the payment of the principal of and
interest on any bond anticipation notes or shall be deposited in trust for such purpose.
The date or dates of such bond anticipation notes, the maturities, denominations, form,
details and other particulars of such bond anticipation notes, including the method, terms
and conditions for the issue and sale thereof, shall be determined by the Treasurer in
the best interest of the state, and the Treasurer shall file with the secretary of the State
Bond Commission on or before the date of delivery of such bond anticipation notes a
certificate of determination setting forth the specific details and particulars of each issue
of bond anticipation notes, including renewals thereof.
(n) Whenever the state has a written commitment to receive a grant-in-aid or similar
form of assistance with respect to a project or program for which the issuance of bonds
has been authorized pursuant to sections 13b-74 to 13b-77, inclusive, the Treasurer may
issue notes in anticipation of the issuance of such a grant-in-aid or other assistance,
provided (1) the total amount of such notes shall not exceed the amount of the grant
commitment which has not been paid to the state and (2) all grant payments with respect
to such project or program received by the state, to the extent required, shall be applied
promptly toward repayment of such temporary notes as the same shall become due
and payable, or shall be deposited in trust for such purpose. Notes evidencing such
borrowings shall be designated "Grant Anticipation Notes" and shall be signed by the
manual or facsimile signature of the Treasurer or his deputy. The principal of and interest
on any grant anticipation notes issued pursuant to this subsection may be repaid from
the proceeds of renewals thereof, from grants-in-aid or other assistance pledged for the
payment thereof, or from the proceeds of a credit facility including but not limited to,
a letter of credit or policy of bond insurance. The Treasurer is hereby authorized to
enter into reimbursement agreements or similar agreements with respect to such credit
facilities, and the state's obligation under any such credit facility shall be included among
the debt service requirements for the applicable period. The date or dates of such grant
anticipation notes, the maturities, denomination, form, details and other particulars of
such grant anticipation notes, including the method, terms and conditions for the issue
and sale thereof, shall be determined by the Treasurer in the best interests of the state,
and the Treasurer shall file with the secretary of the State Bond Commission on or before
the date of delivery of such bond anticipation notes a certificate of determination setting
forth the specific details and particulars of each issue of grant anticipation notes, including renewals thereof. This subsection shall not apply if the grant-in-aid or other assistance is to be paid over a period of years to reimburse the state for a portion of principal
due on bonds or bond anticipation notes.
(o) The State Bond Commission may make representations and agreements for the
benefit of the holders of bonds or bond anticipation notes issued pursuant to sections
13b-74 to 13b-77, inclusive, which are necessary or appropriate to ensure the exemption
of interest on such bonds or bond anticipation notes from taxation under the Internal
Revenue Code of 1986, as amended, or any subsequent corresponding internal revenue
code of the United States, including agreements to pay rebates to the federal government
of investment earnings derived from the investment of the proceeds of bonds or bond
anticipation notes, or may delegate to the Treasurer the authority to make such representations and agreements on behalf of the state. Any such agreement may include (1) a
covenant to pay rebates to the federal government of investment earnings derived from
the investment of the proceeds of bonds or bond anticipation notes, (2) a covenant that
the state will not limit or alter its rebate obligations until its obligations to the holders
or owners of such bonds or bond anticipation notes are finally met and discharged, and
(3) provisions to (A) establish trust and other accounts which may be appropriate to
carry out such representations and agreements, (B) retain fiscal agents as depositories
for such funds and accounts and (C) provide that such fiscal agents may act as trustee
of such funds and accounts. Any such agreement entered into prior to May 16, 1988, is
hereby validated. The State Bond Commission may also authorize, by a vote of a majority
of the members of said commission, bonds or bond anticipation notes issued pursuant
to sections 13b-74 to 13b-77, inclusive, in such form and manner that the interest on
such bonds and bond anticipation notes may be includable under the Internal Revenue
Code of 1986, or any subsequent corresponding internal revenue code of the United
States, as from time to time amended, in the gross income of the holders or owners of
such bonds or bond anticipation notes upon the finding by said commission that the
issuance of such taxable bonds or bond anticipation notes is in the public interest.
(P.A. 84-254, S. 6, 22; P.A. 88-166, S. 1, 2; P.A. 93-307, S. 16, 34; June 5 Sp. Sess. P.A. 97-1, S. 19, 20; P.A. 98-124,
S. 7, 12; P.A. 02-70, S. 74; P.A. 03-115, S. 59; 03-278, S. 32; June 30 Sp. Sess. P.A. 03-4, S. 19; P.A. 05-218, S. 32; June
Sp. Sess. P.A. 05-4, S. 49.)
History: P.A. 88-166 added Subsec. (o) re covenants to ensure tax exemptions; P.A. 93-307 deleted a reference to Sec.
13b-405 which was repealed by the same act, effective June 29, 1993; June 5 Sp. Sess. P.A. 97-1 amended Subsec. (o) to
specify that the State Bond Commission may authorize the issuance of bonds or bond anticipation notes pursuant to Secs.
13b-74 to 13b-77, inclusive, in such form and manner that the interest therein may be included under the Internal Revenue
Code of 1986, effective July 31, 1997; P.A. 98-124 amended Subdiv. (3) of Subsec. (e) to add agreements entered into
pursuant to Sec. 3-20a, effective May 27, 1998; P.A. 02-70 amended Subsecs. (a), (b), (d), (e) and (g) to delete references
to repealed Sec. 14-53 and made a technical change in Subsec. (e), effective July 1, 2002; P.A. 03-115 amended Subsec.
(l) to make technical changes; P.A. 03-278 made technical changes in Subsecs. (a), (b), (d), (e) and (g), effective July 9,
2003; June 30 Sp. Sess. P.A. 03-4 amended Subsec. (j) to limit proceeds of bonds and bond anticipation notes issued
pursuant to Sec. 13b-57q to costs of projects described in Sec. 13b-74(b)(6) and related financing costs, effective August
20, 2003; P.A. 05-218 amended Subsecs. (a), (b), (d), (e) and (g) by deleting references to Sec. 14-383, effective July 1,
2005; June Sp. Sess. P.A. 05-4 amended Subsec. (j) to delete provision re Transportation Strategy Board projects financed
by bonds and notes, and add provisions re certain costs that are deemed transportation costs and re Subsec. does not limit
issuance of refunding bonds, effective July 1, 2005.
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Sec. 13b-77. Covenants. (a) The state covenants with the purchasers and all subsequent owners and transferees of bonds and bond anticipation notes issued by the state
pursuant to sections 13b-74 to 13b-77, inclusive, in consideration of the acceptance of
and payment for the bonds and bond anticipation notes, that the principal and interest
of such bonds and bond anticipation notes shall be free at all times from taxation, except
for estate and gift taxes, imposed by the state or by any political subdivision thereof.
The Treasurer is authorized to include this covenant of the state in any agreement with
the owner of any such bonds or bond anticipation notes.
(b) Bonds and bond anticipation notes issued pursuant to sections 13b-74 to 13b-77, inclusive, are hereby made securities in which all public officers and public bodies
of the state and its political subdivisions, all insurance companies, credit unions, building
and loan associations, investment companies, banking associations, trust companies,
executors, administrators, trustees and other fiduciaries and pension, profit-sharing and
retirement funds may properly and legally invest funds, including capital in their control
or belonging to them. Such bonds and bond anticipation notes are hereby made securities
which may properly and legally be deposited with and received by any state or municipal
officer or any agency or political subdivision of the state for any purpose for which the
deposit of bonds and bond anticipation notes or obligations of the state is now or may
hereafter be authorized by law.
(c) The state covenants with the purchasers and all subsequent owners and transferees of bonds and bond anticipation notes issued by the state pursuant to sections 13b-74 to 13b-77, inclusive, in consideration of the acceptance of the payment for the bonds
and bond anticipation notes, until such bonds and bond anticipation notes, together with
the interest thereon, with interest on any unpaid installment of interest and all costs and
expenses in connection with any action or proceeding on behalf of such owners, are
fully met and discharged, or unless expressly permitted or otherwise authorized by the
terms of each contract and agreement made or entered into by or on behalf of the state
with or for the benefit of such owners, that the state will impose, charge, raise, levy,
collect and apply the pledged revenues and other receipts, funds or moneys pledged for
the payment of debt service requirements as provided in sections 13b-74 to 13b-77,
inclusive, in such amounts as may be necessary to pay such debt service requirements
in each year in which bonds or bond anticipation notes are outstanding and further, that
the state (1) will not limit or alter the duties imposed on the Treasurer and other officers
of the state by sections 3-21a, 3-27a, 3-27f, 12-458 and 12-458d, subsection (c) of section
13a-80a, sections 13a-175p to 13a-175u, inclusive, subsection (f) of section 13b-42,
sections 13b-59, 13b-61, 13b-69, 13b-71, 13b-74 to 13b-77, inclusive, and 13b-80, subsection (a) of section 13b-97, subsection (a) of section 14-12, sections 14-15, 14-16a
and 14-21c, subsection (a) of section 14-25a, section 14-28, subsection (b) of section
14-35, subsection (b) of section 14-41, section 14-41a, subsection (a) of section 14-44,
sections 14-47, 14-48b, 14-49 and 14-50, subsection (a) of section 14-50a, sections 14-52 and 14-58, subsection (c) of section 14-66, subsection (e) of section 14-67, sections
14-67a, 14-67d, 14-67l and 14-69, subsection (e) of section 14-73, subsection (c) of
section 14-96q, sections 14-103a and 14-160, subsection (a) of section 14-164a, subsection (a) of section 14-192, sections 14-319, 14-320 and 14-381, subsection (b) of section
14-382 and section 15-14 and by the proceedings authorizing the issuance of bonds with
respect to application of pledged revenues or other receipts, funds or moneys pledged
for the payment of debt service requirements as provided in said sections; (2) will not
issue any bonds, notes or other evidences of indebtedness, other than the bonds and
bond anticipation notes, having any rights arising out of said sections or secured by any
pledge of or other lien or charge on the pledged revenues or other receipts, funds or
moneys pledged for the payment of debt service requirements as provided in said sections; (3) will not create or cause to be created any lien or charge on such pledged
amounts, other than a lien or pledge created thereon pursuant to said sections, provided
nothing in this subsection shall prevent the state from issuing evidences of indebtedness
(A) which are secured by a pledge or lien which is and shall on the face thereof be
expressly subordinate and junior in all respects to every lien and pledge created by or
pursuant to said sections; or (B) for which the full faith and credit of the state is pledged
and which are not expressly secured by any specific lien or charge on such pledged
amounts; or (C) which are secured by a pledge of or lien on moneys or funds derived
on or after such date as every pledge or lien thereon created by or pursuant to said
sections shall be discharged and satisfied; (4) will carry out and perform, or cause to be
carried out and performed, each and every promise, covenant, agreement or contract
made or entered into by the state or on its behalf with the owners of any bonds or bond
anticipation notes; (5) will not in any way impair the rights, exemptions or remedies of
such owners; and (6) will not limit, modify, rescind, repeal or otherwise alter the rights
or obligations of the appropriate officers of the state to impose, maintain, charge or
collect the taxes, fees, charges and other receipts constituting the pledged revenues as
may be necessary to produce sufficient revenues to fulfill the terms of the proceedings
authorizing the issuance of the bonds, including pledged revenue coverage requirements,
and provided nothing herein shall preclude the state from exercising its power, through
a change in law, to limit, modify, rescind, repeal or otherwise alter the character or
amount of such pledged revenues or to substitute like or different sources of taxes, fees,
charges or other receipts as pledged revenues if, for the ensuing fiscal year, as evidenced
by the proposed or adopted budget of the state with respect to the Special Transportation
Fund, the projected revenues meet or exceed the estimated expenses of the Special
Transportation Fund including accumulated deficits, if any, debt service requirements
and any pledged revenue coverage requirement. The State Bond Commission is authorized to include this covenant of the state in any agreement with the owner of any such
bonds or bond anticipation notes.
(P.A. 84-254, S. 7, 62; P.A. 89-331, S. 13, 30; P.A. 93-307, S. 17, 34; P.A. 02-70, S. 75; P.A. 03-278, S. 33; P.A. 05-218, S. 33.)
History: P.A. 89-331 clarified the exemption from taxation of the principal and interest of the bonds; P.A. 93-307
deleted a reference to Sec. 13b-405 which was repealed by the same act, effective June 29, 1993; P.A. 02-70 amended
Subsec. (c) to substitute reference to Sec. 13b-74 for reference to Sec. 13b-47 and to delete reference to repealed Sec. 14-53, effective July 1, 2002; P.A. 03-278 made a technical change in Subsec. (c), effective July 9, 2003; P.A. 05-218 amended
Subsec. (c)(1) by deleting reference to Sec. 14-383, effective July 1, 2005.
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Sec. 13b-77a. Annual report re certain special tax obligation bonds. On or before February 1, 2006, and annually thereafter, the Commissioner of Transportation
shall prepare a report regarding the special tax obligation bonds authorized for purposes
of sections 2 and 8 of public act 05-4 of the June special session*. Such report shall be
submitted in accordance with section 11-4a to the joint standing committees of the
General Assembly having cognizance of matters relating to finance, revenue and bonding, transportation and appropriations. Such report shall include (1) information on any
cost overruns in all transportation projects financed with special tax obligation bonds in
the five years preceding the date of such report, and (2) an accounting of the unallocated
balances remaining on all special tax obligation bonds authorized for transportation
purposes.
(June Sp. Sess. P.A. 05-4, S. 18.)
*Note: Sections 2 and 8 of public act 05-4 of the June special session are special in nature and therefore have not been
codified but remain in full force and effect according to their terms.
History: June Sp. Sess. P.A. 05-4 effective July 1, 2005.
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Secs. 13b-78 to 13b-78j. Reserved for future use.
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Sec. 13b-78k. New Haven Line revitalization program: Definitions. As used in
this section, sections 13b-57m and 13b-57q to 13b-57s, inclusive, subsections (a), (b)
and (c) of section 13b-57t, sections 13b-74 and 13b-78l to 13b-78o, inclusive, and section 46 of public act 05-3 of the June special session*:
(1) "New Haven Line" means the rail passenger service operated between New
Haven and intermediate points and Grand Central station, including the Danbury, Waterbury and New Canaan branch lines.
(2) "New Haven Line revitalization account" means the account established by
subsection (b) of section 13b-78m.
(3) "New Haven Line revitalization program" means the design, development, construction and acquisition of maintenance facilities, rail cars and related equipment for
use on the New Haven Line, as specified in subdivisions (1) and (2) of section 13b-78l.
(4) "Transportation Strategy Board projects account" means the account created by
subsection (a) of section 13b-57r.
(5) "Transportation system improvement" means: (1) Projects included in the state-wide transportation improvement program, (2) funded and unfunded projects included
in regional transportation improvement plans, or (3) projects identified in subsection
(h) of section 13b-57.
(June Sp. Sess. P.A. 05-4, S. 19; P.A. 06-136, S. 28.)
*Note: Section 46 of public act 05-4 of the June special session is special in nature and therefore has not been codified
but remains in full force and effect according to its terms.
History: June Sp. Sess. P.A. 05-4 effective July 1, 2005; P.A. 06-136 amended Subdiv. (3) by deleting provision that
exempted program from TSB project reporting requirements of Sec. 13b-57i, effective July 1, 2006.
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Sec. 13b-78l. New Haven Line revitalization program: Duties of Commissioner of Transportation. The Commissioner of Transportation shall:
(1) Acquire not less than three hundred forty-two self-propelled rail cars for use on
the New Haven Line;
(2) Design and construct rail maintenance facilities to support the self-propelled
rail cars;
(3) Design and construct operational improvements to Interstate 95 between Greenwich and North Stonington;
(4) Purchase twenty-five transit buses; and
(5) In consultation with the Transportation Strategy Board and cognizant metropolitan planning organizations, regional planning agencies, regional councils of elected
officials and regional councils of governments, evaluate, design and construct transportation system improvements other than projects on Interstate 95.
(June Sp. Sess. P.A. 05-4, S. 20.)
History: June Sp. Sess. P.A. 05-4 effective July 1, 2005.
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Sec. 13b-78m. Surcharge. New Haven Line revitalization account. Annual
budget. Use of funds after termination of surcharge. (a) On and after January 1, 2008,
and terminating on June 30, 2015, a surcharge of one dollar per trip on the New Haven
Line is imposed on each ticket for travel, either originating or terminating in the state.
The Commissioner of Transportation shall, by regulations adopted in accordance with
chapter 54, determine the method by which the surcharge shall be applied to weekly
and monthly commutation tickets.
(b) There is hereby created a restricted capital project account to be known as the
New Haven Line revitalization account which shall be a nonlapsing account within the
Special Transportation Fund. The following funds shall be deposited into the account:
(1) The proceeds of the surcharge imposed by subsection (a) of this section, and (2) any
other funds required by law to be deposited in the account. Funds in the account shall
be used solely for capital costs incurred as part of the New Haven Line revitalization
program undertaken pursuant to public act 05-4 of the June special session*.
(c) The Secretary of the Office of Policy and Management shall, in consultation
with the Commissioner of Transportation, annually prepare a budget detailing how funds
in the New Haven Line revitalization account shall be spent during the next fiscal year.
On the approval of such budget by the Governor, the Commissioner of Transportation
may expend funds from such account for the purposes stated therein.
(d) On termination of the surcharge, any funds remaining in the restricted account
after the payment of authorized capital costs may be used by the Treasurer to, at such
time as the Treasurer considers appropriate, defease special tax obligation bonds.
(June Sp. Sess. P.A. 05-4, S. 33.)
*Public act 05-4 of the June special session is entitled "An Act Concerning the Authorization of Special Tax Obligation
Bonds of the State for Certain Transportation Purposes". (See Reference Table captioned "Public Acts of June, 2005" in
Volume 16 for sections amended, created or repealed by the act.)
History: June Sp. Sess. P.A. 05-4 effective January 1, 2006.
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Sec. 13b-78n. Solicitation of bids. The Department of Transportation may solicit
bids or qualifications for equipment, materials or services for a project funded pursuant
to subsection (b) of section 13b-78q at any time in the fiscal year, notwithstanding the
fact that all required funds may not be available for expenditure until later in the same
or a succeeding fiscal year.
(June Sp. Sess. P.A. 05-4, S. 44; P.A. 06-136, S. 32.)
History: June Sp. Sess. P.A. 05-4 effective July 1, 2005; P.A. 06-136 replaced former list of sections re eligible projects
with reference to Sec. 13b-78q(b), effective July 1, 2006.
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Sec. 13b-78o. Annual report. Not later than September first of each year, the
Commissioner of Transportation shall report to the Governor, the Transportation Strategy Board and, in accordance with section 11-4a, the joint standing committees of the
General Assembly having cognizance of matters relating to transportation and to finance, revenue and bonding concerning (1) the status, including the financial status, of
the New Haven Line revitalization program defined in section 13b-78k; (2) the capital
needs of the passenger rail services in the state; and (3) the status, including the financial
status, of the projects specified in section 13b-78l.
(June Sp. Sess. P.A. 05-4, S. 45.)
History: June Sp. Sess. P.A. 05-4 effective January 1, 2006.
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Sec. 13b-78p. Bond issue for rail cars, maintenance facility and related projects. (a) The State Bond Commission shall have power, in accordance with the provisions of this section, to authorize the issuance of special tax obligation bonds of the
state in one or more series and in principal amounts in the aggregate, not exceeding
$485,650,000, provided $26,450,000 shall be effective July 1, 2005.
(b) The proceeds of the sale of such bonds, to the extent hereinafter stated, shall be
used for the purpose of payment of the transportation costs, as defined in subdivision
(6) of section 13b-75, with respect to the projects and uses hereinafter described, which
projects and uses are hereby found and determined to be in furtherance of one or more
of the authorized purposes for the issuance of special tax obligation bonds set forth in
section 13b-74. Any proceeds from the sale of the bonds may be used by the Department
of Transportation for the Bureau of Public Transportation for rail rolling stock and
maintenance facilities, including rights-of-way, other property acquisition and related
projects, not exceeding $485,650,000.
(c) None of the bonds issued pursuant to this section shall be authorized except
upon a finding by the State Bond Commission that there has been filed with it (1) a
request for such authorization, which is signed by the Secretary of the Office of Policy
and Management or by or on behalf of such state officer, department or agency and
stating such terms and conditions as the commission, in its discretion, may require, and
(2) any capital development impact statement and any human services facility colocation
statement required to be filed with the Secretary of the Office of Policy and Management
pursuant to section 4-26b, any advisory report regarding the state conservation and
development policies plan required pursuant to section 16a-31 and any statement regarding farmland required pursuant to subsection (g) of section 3-20 and section 22-6, provided the State Bond Commission may authorize the bonds without a finding that the
reports and statements required by subdivision (2) of this subsection have been filed
with it if the commission authorizes the secretary of the commission to accept the reports
and statements on its behalf. No funds derived from the sale of bonds authorized by the
commission without a finding that the reports and statements required by subdivision
(2) of this subsection have been filed with it shall be allotted by the Governor for any
project until the reports and statements required by subdivision (2) of this subsection,
with respect to such project, have been filed with the secretary of the commission.
(d) For the purposes of this section, each request filed as provided in subsection (c)
of this section, for an authorization of bonds shall identify the project for which the
proceeds of the sale of the bonds are to be used and expended and, in addition to any
terms and conditions required pursuant to subsection (c) of this section, include the
recommendation of the person signing the request as to the extent to which federal,
private or other moneys then available or thereafter to be made available for costs in
connection with any such project should be added to the state moneys available or
becoming available from the proceeds of bonds and temporary notes issued in anticipation of the receipt of the proceeds of bonds. If the request includes a recommendation
that some amount of the federal, private or other moneys should be added to the state
moneys, then, if and to the extent directed by the State Bond Commission at the time
of authorization of the bonds, the amount of the federal, private or other moneys then
available or thereafter to be made available for costs in connection with the project shall
be added to the state moneys.
(e) Any balance of proceeds of the sale of the bonds authorized for the projects or
purposes of subsection (b) of this section, in excess of the aggregate costs of all the
projects so authorized shall be used in the manner set forth in sections 13b-74 to 13b-77, inclusive, and in the proceedings of the State Bond Commission respecting the
issuance and sale of the bonds.
(f) The bonds issued pursuant to this section shall be special obligations of the state
and shall not be payable from nor charged upon any funds other than revenues of the
state pledged therefor in subsection (b) of section 13b-61 and section 13b-69, or such
other receipts, funds or moneys as may be pledged therefor. The bonds shall neither be
payable from nor charged upon any funds other than the pledged revenues or such
other receipts, funds or moneys as may be pledged therefor. The state or any political
subdivision of the state shall not be subject to any liability on the bonds, except to the
extent of the pledged revenues or such other receipts, funds or moneys as may be pledged
therefor. The bonds shall be issued under and in accordance with the provisions of
sections 13b-74 to 13b-77, inclusive.
(June Sp. Sess. P.A. 05-4, S. 21-26; P.A. 06-136, S. 16.)
History: June Sp. Sess. P.A. 05-4 effective July 1, 2005; P.A. 06-136 amended Subsec. (a) by eliminating all bond
authorizations subsequent to July 1, 2005, effective July 1, 2006.
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Sec. 13b-78q. Bond issue for improvements to Interstate 95, transportation
system improvements and bus rolling stock. (a) The State Bond Commission shall
have power, in accordance with the provisions of this section, to authorize the issuance
of special tax obligation bonds of the state in one or more series and in principal amounts
in the aggregate, not exceeding $344,500,000, provided that: (1) $26,500,000 shall be
effective July 1, 2005, (2) $48,000,000 shall be effective July 1, 2006, (3) $70,000,000
shall be effective July 1, 2007, (4) $100,000,000 shall be effective July 1, 2008, and (5)
$100,000,000 shall be effective July 1, 2009. Each such authorization shall include the
amount authorized and the project or projects for which the proceeds of the bonds will
be used.
(b) The proceeds of the sale of the bonds to the extent hereinafter stated shall be
used for the purpose of payment of the transportation costs, as defined in subdivision
(6) of section 13b-75, with respect to the projects and uses hereinafter described, which
projects and uses are hereby found and determined to be in furtherance of one or more
of the authorized purposes for the issuance of special tax obligation bonds set forth in
section 13b-74, for the Department of Transportation: (1) Operational improvements
to Interstate 95 between Greenwich and North Stonington, including environmental
assessment and planning, rights-of-way and property acquisition, $187,000,000, (2)
transportation system improvements, as defined in section 13b-78k, other than projects
on Interstate 95, including environmental assessment and planning, rights-of-way and
property acquisition, $150,000,000, and (3) bus rolling stock, not exceeding $7,500,000.
(c) None of the bonds issued pursuant to this section shall be authorized except on
a finding by the State Bond Commission that there has been filed with it (1) a request
for such authorization, which is signed by the Secretary of the Office of Policy and
Management or by or on behalf of such state officer, department or agency and stating
such terms and conditions as said commission, in its discretion, may require, and (2)
any capital development impact statement and any human services facility colocation
statement required to be filed with the Secretary of the Office of Policy and Management
pursuant to section 4-26b, any advisory report regarding the state conservation and
development policies plan required pursuant to section 16a-31 and any statement regarding farmland required pursuant to subsection (g) of section 3-20 and section 22-6, provided the State Bond Commission may authorize the bonds without a finding that the
reports and statements required by subdivision (2) of this subsection have been filed
with it if the commission authorizes the secretary of the commission to accept the reports
and statements on its behalf. No funds derived from the sale of bonds authorized by the
commission without a finding that the reports and statements required by subdivision
(2) of this subsection have been filed with it shall be allotted by the Governor for any
project until the reports and statements required by subdivision (2) of this subsection,
with respect to the project, have been filed with the secretary of the commission.
(d) For the purposes of this section, each request filed as provided in subsection (c)
of this section, for an authorization of bonds shall identify the project for which the
proceeds of the sale of the bonds are to be used and expended and, in addition to any
terms and conditions required pursuant to subsection (c) of this section, include the
recommendation of the person signing the request as to the extent to which federal,
private or other moneys then available or thereafter to be made available for costs in
connection with any such project should be added to the state moneys available or
becoming available from the proceeds of bonds and temporary notes issued in anticipation of the receipt of the proceeds of bonds. If the request includes a recommendation
that some amount of the federal, private or other moneys should be added to the state
moneys, then, if and to the extent directed by the State Bond Commission at the time
of authorization of the bonds, the amount of the federal, private or other moneys then
available or thereafter to be made available for costs in connection with the project shall
be added to the state moneys.
(e) Any balance of proceeds of the sale of the bonds authorized for the projects or
purposes of subsection (b) of this section, in excess of the aggregate costs of all the
projects so authorized shall be used in the manner set forth in sections 13b-74 to