Connecticut HB 5501: AN ACT REQUIRING CERTAIN PROVIDERS OF SHORT-TERM INSTALLMENT LOANS TO BE LICENSED.

Bill Text

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General Assembly Raised Bill No. 5501
February Session, 2026 LCO No. 2115

Referred to Committee on PLANNING AND
DEVELOPMENT

Introduced by:
(PD)

AN ACT EXPANDING PERMISSIBLE USES FOR TOWN AID ROAD
GRANT FUNDS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

Section 1. Section 13a-175a of the 2026 supplement to the general 1
statutes is repealed and the following is substituted in lieu thereof 2
(Effective October 1, 2026): 3
(a) For each fiscal year there shall be allocated twelve million five 4
hundred thousand dollars out of the funds appropriated to the 5
Department of Transportation, or from any other source, not otherwise 6
prohibited by law, to be used by the towns for (1) [for] the construction, 7
reconstruction, improvement and maintenance of highways, sections of 8
highways, bridges and structures incidental to highways and bridges, 9
including (A) construction, reconstruction, improvements and 10
maintenance intended to increase resiliency against increased 11
precipitation, flooding, sea level rise and extreme heat, and (B) the 12
plowing of snow, the sanding of icy pavements, the trimming and 13
removal of trees, the installation, replacement and maintenance of traffic 14

Raised Bill No. 5501

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signs, signals and markings, (2) [for] the purchase and maintenance of 15
equipment used for the purposes described in subdivision (1) of this 16
subsection, including, but not limited to, street sweepers, roadside 17
mowing and vegetation management equipment, snow removal and 18
de-icing equipment and equipment to clean catch basins, (3) traffic 19
control and vehicular safety programs, traffic and parking planning and 20
administration, and other purposes and programs related to highways, 21
traffic and parking, and [(3) for] (4) the purposes of providing and 22
operating essential public transportation services and related facilities. 23
(b) Notwithstanding the provisions of subsection (a) of this section, 24
the Secretary of the Office of Policy and Management, in the secretary's 25
discretion, may approve the use of funds by a town for purposes other 26
than those enumerated in said subsection. 27
(c) Not later than September 1, 2022, and annually thereafter, each 28
town or district that received funds pursuant to subsection (a) of this 29
section in the preceding fiscal year shall submit a report to the 30
Commissioner of Transportation, in the form and manner prescribed by 31
the commissioner, detailing the amount of such funds expended in such 32
fiscal year for each of the usages enumerated in said subsection or 33
approved pursuant to subsection (b) of this section. 34
(d) The Secretary of the Office of Policy and Management shall reduce 35
the grant payable to a town or district in accordance with subsection (a) 36
of this section by ten per cent in any fiscal year that the town or district 37
fails to timely submit the report required by subsection (c) of this 38
section. The secretary shall waive such reduction if the town or district 39
submits such report after the due date and provides proof of such 40
submission to the secretary. 41
This act shall take effect as follows and shall amend the following
sections:

Section 1 October 1, 2026 13a-175a

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PD Joint Favorable