Connecticut Seal

General Assembly

 

Governor's Bill No. 12

February Session, 2018

 

LCO No. 214

 

*00214__________*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

SEN. LOONEY, 11th Dist.

SEN. DUFF, 25th Dist.

REP. ARESIMOWICZ, 30th Dist.

REP. RITTER M., 1st Dist.

 

AN ACT AUTHORIZING AND ADJUSTING BONDS OF THE STATE FOR CAPITAL IMPROVEMENTS AND OTHER PURPOSES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (Effective July 1, 2018) The State Bond Commission shall have power, in accordance with the provisions of this section and sections 2 to 7, inclusive, of this act, from time to time to authorize the issuance of bonds of the state in one or more series and in principal amounts in the aggregate not exceeding $116,000,000.

Sec. 2. (Effective July 1, 2018) The proceeds of the sale of bonds described in sections 1 to 7, inclusive, of this act, to the extent hereinafter stated, shall be used for the purpose of acquiring, by purchase or condemnation, undertaking, constructing, reconstructing, improving or equipping, or purchasing land or buildings or improving sites for the projects hereinafter described, including payment of architectural, engineering, demolition or related costs in connection therewith, or of payment of the cost of long-range capital programming and space utilization studies as hereinafter stated:

(a) For the Capital Region Development Authority:

(1) Design and construction of parking garages to support development in Hartford, not exceeding $16,000,000;

(2) Alterations, renovations and improvements, including property acquisition, at the XL Center in Hartford, not exceeding $100,000,000.

Sec. 3. (Effective July 1, 2018) All provisions of section 3-20 of the general statutes or the exercise of any right or power granted thereby which is not inconsistent with the provisions of sections 1 to 7, inclusive, of this act are hereby adopted and shall apply to all bonds authorized by the State Bond Commission pursuant to sections 1 to 7, inclusive, of this act, and temporary notes issued in anticipation of the money to be derived from the sale of any such bonds so authorized may be issued in accordance with section 3-20 of the general statutes and from time to time renewed. Such bonds shall mature at such time or times not exceeding twenty years from their respective dates as may be provided in or pursuant to the resolution or resolutions of the State Bond Commission authorizing such bonds.

Sec. 4. (Effective July 1, 2018) None of the bonds described in sections 1 to 7, inclusive, of this act shall be authorized except upon a finding by the State Bond Commission that there has been filed with it 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.

Sec. 5. (Effective July 1, 2018) For the purposes of sections 1 to 7, inclusive, of this act, "state moneys" means the proceeds of the sale of bonds authorized pursuant to sections 1 to 7, inclusive, of this act or of temporary notes issued in anticipation of the moneys to be derived from the sale of such bonds. Each request filed as provided in section 4 of this act for an authorization of bonds shall identify the project for which the proceeds of the sale of such bonds are to be used and expended and, in addition to any terms and conditions required pursuant to section 4 of this act, shall include the recommendation of the person signing such 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 hereunder for such project. If the request includes a recommendation that some amount of such federal, private or other moneys should be added to such state moneys, then, if and to the extent directed by the State Bond Commission at the time of authorization of such bonds, such amount of such federal, private or other moneys then available, or thereafter to be made available for costs in connection with such project, may be added to any state moneys available or becoming available hereunder for such project and shall be used for such project. Any other federal, private or other moneys then available or thereafter to be made available for costs in connection with such project shall, upon receipt, be used by the State Treasurer, in conformity with applicable federal and state law, to meet the principal of outstanding bonds issued pursuant to sections 1 to 7, inclusive, of this act or to meet the principal of temporary notes issued in anticipation of the money to be derived from the sale of bonds theretofore authorized pursuant to sections 1 to 7, inclusive, of this act for the purpose of financing such costs, either by purchase or redemption and cancellation of such bonds or notes or by payment thereof at maturity. Whenever any of the federal, private or other moneys so received with respect to such project are used to meet the principal of such temporary notes or whenever principal of any such temporary notes is retired by application of revenue receipts of the state, the amount of bonds theretofore authorized in anticipation of which such temporary notes were issued, and the aggregate amount of bonds which may be authorized pursuant to section 1 of this act, shall each be reduced by the amount of the principal so met or retired. Pending use of the federal, private or other moneys so received to meet principal as hereinabove directed, the amount thereof may be invested by the State Treasurer in bonds or obligations of, or guaranteed by, the state or the United States or agencies or instrumentalities of the United States shall be deemed to be part of the debt retirement funds of the state and net earnings on such investments shall be used in the same manner as the moneys so invested.

Sec. 6. (Effective July 1, 2018) Any balance of proceeds of the sale of the bonds authorized for any project described in section 2 of this act in excess of the cost of such project may be used to complete any other project described in section 2 of this act, if the State Bond Commission shall so determine and direct. Any balance of proceeds of the sale of said bonds in excess of the costs of all the projects described in section 2 of this act shall be deposited to the credit of the General Fund.

Sec. 7. (Effective July 1, 2018) The bonds issued pursuant to this section and sections 1 to 6, inclusive, of this act shall be general obligations of the state and the full faith and credit of the state of Connecticut are pledged for the payment of the principal of and interest on said bonds as the same become due, and accordingly and as part of the contract of the state with the holders of said bonds, appropriation of all amounts necessary for punctual payment of such principal and interest is hereby made and the State Treasurer shall pay such principal and interest as the same become due.

Sec. 8. Subdivision (1) of subsection (h) of section 17 of special act 02-1 of the May 9 special session, as amended by section 114 of special act 04-2 of the May special session and section 82 of public act 15-1 of the June special session, is amended to read as follows (Effective July 1, 2018):

(1) [Development of Criminal/Juvenile courthouse in New Haven, not exceeding $5,000,000 and necessary repairs] Repairs to existing Judicial Branch facilities in New Haven, not exceeding [$4,500,000] $9,500,000.

Sec. 9. Section 396 of public act 17-2 of the June special session is amended to read as follows (Effective July 1, 2018):

The State Bond Commission shall have power, in accordance with the provisions of this section and sections 397 to 402, inclusive, of [this act] public act 17-2 of the June special session, from time to time to authorize the issuance of bonds of the state in one or more series and in principal amounts in the aggregate, not exceeding [$149,896,250] $174,896,250.

Sec. 10. Subdivision (2) of subsection (a) of section 397 of public act 17-2 of the June special session is amended to read as follows (Effective July 1, 2018):

(2) For an information technology capital investment program, not exceeding [$25,000,000] $50,000,000.

Sec. 11. Subsection (b) of section 432 of public act 17-2 of the June special session is amended to read as follows (Effective from passage):

(b) The proceeds of the sale of said bonds, to the extent of the amount stated in subsection (a) of this section, shall be used by the Office of Policy and Management for grants-in-aid to municipalities for the purposes set forth in subsection (a) of section 13a-175a of the general statutes, for the fiscal years ending June 30, 2018, and June 30, 2018. Such grant payments shall be made purposes set forth in subsection (a) of section 13a-175a of the general statutes, for the fiscal years ending June 30, 2018, and June 30, [2018] 2019. Such grant payments shall be made annually as follows:

T1  

Municipalities

FY 18

FY 19

T2

     

T3  

Andover

$ 2,620

$ 2,620

T4  

Ansonia

85,419

85,419

T5  

Ashford

3,582

3,582

T6  

Avon

261,442

261,442

T7  

Barkhamsted

41,462

41,462

T8  

Beacon Falls

43,809

43,809

T9  

Berlin

786,396

786,396

T10  

Bethany

67,229

67,229

T11  

Bethel

282,660

282,660

T12  

Bethlehem

7,945

7,945

T13  

Bloomfield

1,701,347

1,701,347

T14  

Bolton

24,859

24,859

T15  

Bozrah

138,521

138,521

T16  

Branford

374,850

374,850

T17  

Bridgeport

1,031,564

1,031,564

T18  

Bridgewater

587

587

T19  

Bristol

2,486,925

2,486,925

T20  

Brookfield

118,281

118,281

T21  

Brooklyn

10,379

10,379

T22  

Burlington

15,300

15,300

T23  

Canaan

20,712

20,712

T24  

Canterbury

2,022

2,022

T25  

Canton

7,994

7,994

T26  

Chaplin

601

601

T27  

Cheshire

736,700

736,700

T28  

Chester

89,264

89,264

T29  

Clinton

191,674

191,674

T30  

Colchester

39,009

39,009

T31  

Colebrook

550

550

T32  

Columbia

26,763

26,763

T33  

Cornwall

-

-

T34  

Coventry

10,533

10,533

T35  

Cromwell

31,099

31,099

T36  

Danbury

1,726,901

1,726,901

T37  

Darien

-

-

T38  

Deep River

104,136

104,136

T39  

Derby

14,728

14,728

T40  

Durham

153,897

153,897

T41  

Eastford

54,564

54,564

T42  

East Granby

537,454

537,454

T43  

East Haddam

1,696

1,696

T44  

East Hampton

18,943

18,943

T45  

East Hartford

4,447,536

4,447,536

T46  

East Haven

43,500

43,500

T47  

East Lyme

22,442

22,442

T48  

Easton

2,660

2,660

T49  

East Windsor

295,024

295,024

T50  

Ellington

223,527

223,527

T51  

Enfield

256,875

256,875

T52  

Essex

74,547

74,547

T53  

Fairfield

96,747

96,747

T54  

Farmington

545,804

545,804

T55  

Franklin

23,080

23,080

T56  

Glastonbury

240,799

240,799

T57  

Goshen

2,648

2,648

T58  

Granby

35,332

35,332

T59  

Greenwich

89,022

89,022

T60  

Griswold

31,895

31,895

T61  

Groton (Town of)

1,240,819

1,240,819

T62  

Guilford

64,848

64,848

T63  

Haddam

3,554

3,554

T64  

Hamden

286,689

286,689

T65  

Hampton

-

-

T66  

Hartford

1,419,161

1,419,161

T67  

Hartland

955

955

T68  

Harwinton

21,506

21,506

T69  

Hebron

2,216

2,216

T70  

Kent

-

-

T71  

Killingly

706,717

706,717

T72  

Killingworth

5,148

5,148

T73  

Lebanon

30,427

30,427

T74  

Ledyard

421,085

421,085

T75  

Lisbon

3,683

3,683

T76  

Litchfield

3,432

3,432

T77  

Lyme

-

-

T78  

Madison

6,795

6,795

T79  

Manchester

1,072,449

1,072,449

T80  

Mansfield

6,841

6,841

T81  

Marlborough

7,313

7,313

T82  

Meriden

893,641

893,641

T83  

Middlebury

84,264

84,264

T84  

Middlefield

248,652

248,652

T85  

Middletown

1,987,145

1,987,145

T86  

Milford

1,344,868

1,344,868

T87  

Monroe

179,106

179,106

T88  

Montville

528,644

528,644

T89  

Morris

3,528

3,528

T90  

Naugatuck

341,656

341,656

T91  

New Britain

1,383,881

1,383,881

T92  

New Canaan

200

200

T93  

New Fairfield

1,149

1,149

T94  

New Hartford

139,174

139,174

T95  

New Haven

1,369,123

1,369,123

T96  

Newington

917,869

917,869

T97  

New London

33,169

33,169

T98  

New Milford

674,203

674,203

T99  

Newtown

235,371

235,371

T100  

Norfolk

7,207

7,207

T101  

North Branford

301,074

301,074

T102  

North Canaan

359,719

359,719

T103  

North Haven

1,445,730

1,445,730

T104  

North Stonington

-

-

T105  

Norwalk

402,915

402,915

T106  

Norwich

187,132

187,132

T107  

Old Lyme

1,888

1,888

T108  

Old Saybrook

46,717

46,717

T109  

Orange

104,962

104,962

T110  

Oxford

84,313

84,313

T111  

Plainfield

144,803

144,803

T112  

Plainville

541,936

541,936

T113  

Plymouth

152,434

152,434

T114  

Pomfret

27,820

27,820

T115  

Portland

90,840

90,840

T116  

Preston

-

-

T117  

Prospect

70,942

70,942

T118  

Putnam

171,800

171,800

T119  

Redding

1,329

1,329

T120  

Ridgefield

561,986

561,986

T121  

Rocky Hill

221,199

221,199

T122  

Roxbury

602

602

T123  

Salem

4,699

4,699

T124  

Salisbury

83

83

T125  

Scotland

7,681

7,681

T126  

Seymour

281,186

281,186

T127  

Sharon

-

-

T128  

Shelton

584,121

584,121

T129  

Sherman

-

-

T130  

Simsbury

77,648

77,648

T131  

Somers

82,324

82,324

T132  

Southbury

20,981

20,981

T133  

Southington

820,795

820,795

T134  

South Windsor

1,338,190

1,338,190

T135  

Sprague

386,528

386,528

T136  

Stafford

437,917

437,917

T137  

Stamford

416,142

416,142

T138  

Sterling

24,398

24,398

T139  

Stonington

100,332

100,332

T140  

Stratford

3,507,689

3,507,689

T141  

Suffield

180,663

180,663

T142  

Thomaston

395,346

395,346

T143  

Thompson

76,733

76,733

T144  

Tolland

85,064

85,064

T145  

Torrington

605,345

605,345

T146  

Trumbull

189,309

189,309

T147  

Union

-

-

T148  

Vernon

151,598

151,598

T149  

Voluntown

2,002

2,002

T150  

Wallingford

1,948,455

1,948,455

T151  

Warren

288

288

T152  

Washington

158

158

T153  

Waterbury

2,516,158

2,516,158

T154  

Waterford

34,255

34,255

T155  

Watertown

642,281

642,281

T156  

Westbrook

267,405

267,405

T157  

West Hartford

805,784

805,784

T158  

West Haven

147,516

147,516

T159  

Weston

453

453

T160  

Westport

-

-

T161  

Wethersfield

21,785

21,785

T162  

Willington

20,018

20,018

T163  

Wilton

307,058

307,058

T164  

Winchester

306,204

306,204

T165  

Windham

454,575

454,575

T166  

Windsor

1,321,000

1,321,000

T167  

Windsor Locks

1,907,971

1,907,971

T168  

Wolcott

234,916

234,916

T169  

Woodbridge

29,920

29,920

T170  

Woodbury

56,908

56,908

T171  

Woodstock

68,767

68,767

T172  

 

-

-

T173  

Jewett City (Bor. )

4,195

4,195

T174  

 

-

-

T175  

Barkhamsted FD

2,500

2,500

T176  

Berlin - Kensington FD

11,389

11,389

T177  

Berlin - Worthington FD

941

941

T178  

Bloomfield: Center FD

4,173

4,173

T179  

Bloomfield Blue Hills FD

103,086

103,086

T180  

Cromwell FD

1,832

1,832

T181  

Enfield FD 1

14,636

14,636

T182  

Enfield: Thompsonville FD 2

3,160

3,160

T183  

Enfield: Hazardville Fire #3

1,374

1,374

T184  

Enfield: N Thompsonville FD 4

69

69

T185  

Enfield: Shaker Pines FD 5

6,403

6,403

T186  

Groton City

164,635

164,635

T187  

Groton Sewer

1,688

1,688

T188  

Groton Old Mystic FD 5

1,695

1,695

T189  

Groton: Poq. Bridge FD

22,300

22,300

T190  

Killingly Attawaugan F. D.

1,836

1,836

T191  

Killingly Dayville F. D.

42,086

42,086

T192  

Killingly Dyer Manor

1,428

1,428

T193  

E. Killingly F. D.

95

95

T194  

So. Killingly F. D.

189

189

T195  

Killingly Williamsville F. D.

6,710

6,710

T196  

Manchester Eighth Util.

68,425

68,425

T197  

Middletown: South FD

207,081

207,081

T198  

Middletown Westfield F. D.

10,801

10,801

T199  

Middletown City Fire

33,837

33,837

T200  

New Htfd. Village F. D. #1

7,128

7,128

T201  

New Htfd Pine Meadow #3

131

131

T202  

New Htfd South End F. D.

10

10

T203  

Plainfield Central Village FD

1,466

1,466

T204  

Plainfield - Moosup FD

2,174

2,174

T205  

Plainfield: Plainfield FD

1,959

1,959

T206  

Plainfield Wauregan FD

5,136

5,136

T207  

Pomfret FD

1,031

1,031

T208  

Putnam: E. Putnam FD

10,110

10,110

T209  

Simsbury F. D.

2,638

2,638

T210  

Stafford Springs Service Dist.

15,246

15,246

T211  

Sterling F. D.

1,293

1,293

T212  

Stonington Mystic FD

601

601

T213  

Stonington Old Mystic FD

2,519

2,519

T214  

Stonington Pawcatuck F. D.

5,500

5,500

T215  

Stonington Quiambaug F. D.

72

72

T216  

Stonington Wequetequock FD

73

73

T217  

Trumbull Center

555

555

T218  

Trumbull Long Hill F. D.

1,105

1,105

T219  

Trumbull Nichols F. D.

3,435

3,435

T220  

W. Haven: West Shore FD

34,708

34,708

T221  

W. Haven: Allingtown FD

21,514

21,514

T222  

West Haven First Ctr FD 1

4,736

4,736

T223  

Windsor Wilson FD

214

214

T224  

Windsor FD

14

14

T225  

Windham First

8,929

8,929

T226

     

T227  

Grand Totals

$60,000,000

$60,000,000

Sec. 12. Section 552 of public act 17-2 of the June special session is repealed. (Effective July 1, 2018)

This act shall take effect as follows and shall amend the following sections:

Section 1

July 1, 2018

New section

Sec. 2

July 1, 2018

New section

Sec. 3

July 1, 2018

New section

Sec. 4

July 1, 2018

New section

Sec. 5

July 1, 2018

New section

Sec. 6

July 1, 2018

New section

Sec. 7

July 1, 2018

New section

Sec. 8

July 1, 2018

SA 02-1 of the May 9 Sp. Sess., Sec. 17(h)

Sec. 9

July 1, 2018

PA 17-2 of the June Sp. Sess., Sec. 396

Sec. 10

July 1, 2018

PA 17-2 of the June Sp. Sess., Sec. 397(a)

Sec. 11

from passage

PA 17-2 of the June Sp. Sess., Sec. 432(b)

Sec. 12

July 1, 2018

Repealer section

Statement of Purpose:

To implement the Governor's budget recommendations.

[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]