Connecticut HB 6409: AN ACT AUTHORIZING BONDS OF THE STATE FOR THE NONPROFIT GRANT PROGRAM.

Bill Text

LCO No. 1654 1 of 1

General Assembly Proposed Bill No. 6409
January Session, 2023 LCO No. 1654

Referred to Committee on FINANCE, REVENUE AND
BONDING

Introduced by:
REP. GODFREY, 110th Dist.

AN ACT AUTHORIZING BONDS OF THE STATE FOR THE
NONPROFIT GRANT PROGRAM.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

That the State Bond Commission be empowered to authorize the 1
issuance of bonds of the state in accordance with section 3-20 of the 2
general statutes, in principal amounts not exceeding in the aggregate 3
fifty million dollars, provided twenty-five million dollars of said 4
authorization shall be effective July 1, 2024, the proceeds of which shall 5
be used by the Office of Policy and Management for the purpose of 6
providing grants-in-aid to nonprofit health and human services 7
providers for renovations of existing facilities, construction of new 8
facilities, upgrades to information technology systems, alterations and 9
improvements in compliance with the Americans with Disabilities Act, 10
improvements to energy systems and the purchase of vehicles. 11
Statement of Purpose:
To provide funding for the nonprofit grant program to provide grants
to nonprofit health and human services providers for certain capital and
infrastructure projects.