Connecticut HB 5298: AN ACT ESTABLISHING A GRANT PROGRAM FOR CAPITAL EXPENDITURE PROJECTS TO PLACE OR MAINTAIN WAR OR VETERANS' MEMORIALS OR MONUMENTS.
Status: REF. BY HOUSE TO COMMITTEE ON Finance, Revenue and Bonding (as of 2026-04-07)
State: Connecticut · Session: 2026 · Bill: HB 5298
Subjects: Grants by the state, Nonprofit organizations, Reports, State bonds for community development, State grants to municipalities, Veterans Affairs, Department of, Veterans' organizations
Bill Text
LCO 1 of 3 General Assembly Substitute Bill No. 5298 February Session, 2026 AN ACT ESTABLISHING A GRANT PROGRAM FOR CAPITAL EXPENDITURE PROJECTS TO PLACE OR MAINTAIN WAR OR VETERANS' MEMORIALS OR MONUMENTS. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (NEW) (Effective October 1, 2026) (a) For the fiscal year 1 ending June 30, 2028, and each fiscal year thereafter, the Department of 2 Veterans Affairs shall administer a program to provide grants to 3 municipalities and nonprofit providers of human or social services for 4 capital expenditure projects to place or maintain war or veterans' 5 memorials or monuments. 6 (b) Not later than January 1, 2027, the department shall develop 7 eligibility criteria to be used in selecting among applicants for such 8 grants, develop application forms and deadlines and post in a 9 conspicuous location on the department's Internet web site a description 10 of the grant program that includes, but is not limited to, such criteria, 11 forms and deadlines. 12 (c) (1) For the purposes described in subdivision (2) of this subsection, 13 the State Bond Commission shall have the power from time to time to 14 authorize the issuance of bonds of the state in one or more series and in 15 principal amounts not exceeding in the aggregate two million dollars. 16 Substitute Bill No. 5298 LCO 2 of 3 (2) The proceeds of the sale of such bonds, to the extent of the amount 17 stated in subdivision (1) of this subsection, shall be used by the 18 Department of Veterans Affairs for the purpose of providing grants to 19 municipalities and nonprofit providers of human or social services for 20 capital expenditure projects under subsection (a) of this section. 21 (3) All provisions of section 3-20 of the general statutes, or the exercise 22 of any right or power granted thereby, that are not inconsistent with the 23 provisions of this section are hereby adopted and shall apply to all 24 bonds authorized by the State Bond Commission pursuant to this 25 section. Temporary notes in anticipation of the money to be derived 26 from the sale of any such bonds so authorized may be issued in 27 accordance with section 3-20 of the general statutes and from time to 28 time renewed. Such bonds shall mature at such time or times not 29 exceeding twenty years from their respective dates as may be provided 30 in or pursuant to the resolution or resolutions of the State Bond 31 Commission authorizing such bonds. None of such bonds shall be 32 authorized except upon a finding by the State Bond Commission that 33 there has been filed with it a request for such authorization that is signed 34 by or on behalf of the Secretary of the Office of Policy and Management 35 and states such terms and conditions as said commission, in its 36 discretion, may require. Such bonds issued pursuant to this section shall 37 be general obligations of the state and the full faith and credit of the state 38 of Connecticut are pledged for the payment of the principal of and 39 interest on such bonds as the same become due, and accordingly and as 40 part of the contract of the state with the holders of such bonds, 41 appropriation of all amounts necessary for punctual payment of such 42 principal and interest is hereby made, and the State Treasurer shall pay 43 such principal and interest as the same become due. 44 (d) Not later than January 1, 2028, and annually thereafter, the 45 department shall submit a report, in accordance with the provisions of 46 section 11-4a of the general statutes, to the joint standing committee of 47 the General Assembly having cognizance of matters relating to veterans' 48 and military affairs. Such report shall include information for the 49 preceding calendar year on the number of applications for grants that 50 Substitute Bill No. 5298 LCO 3 of 3 were received, the number of grants that were awarded and a list of the 51 municipalities and nonprofit providers of human or social services that 52 received grants. 53 This act shall take effect as follows and shall amend the following sections: Section 1 October 1, 2026 New section VA Joint Favorable Subst.
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