Bill Text: CT HB05094 | 2016 | General Assembly | Introduced


Bill Title: An Act Establishing An Annual Bond Cap.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2016-02-09 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05094 Detail]

Download: Connecticut-2016-HB05094-Introduced.html

General Assembly

 

Proposed Bill No. 5094

 

February Session, 2016

 

LCO No. 623

 

*00623*

Referred to Committee on FINANCE, REVENUE AND BONDING

 

Introduced by:

 

REP. KLARIDES, 114th Dist.

SEN. FASANO, 34th Dist.

 

AN ACT ESTABLISHING AN ANNUAL BOND CAP.

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

That the general statutes be amended to enact a $1.8 billion annual bond cap.

Statement of Purpose:

To reduce debt service by enacting an annual bond cap.

feedback