Bill Text: CT HB05219 | 2011 | General Assembly | Introduced


Bill Title: An Act Concerning An Expiration Date For Bond Authorizations.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2011-01-13 - Referred to Joint Committee on Finance, Revenue and Bonding [HB05219 Detail]

Download: Connecticut-2011-HB05219-Introduced.html

General Assembly

 

Proposed Bill No. 5219

 

January Session, 2011

 

LCO No. 549

   

Referred to Committee on Finance, Revenue and Bonding

 

Introduced by:

 

REP. CHAPIN, 67th Dist.

 

AN ACT CONCERNING AN EXPIRATION DATE FOR BOND AUTHORIZATIONS.

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

That the general statutes be amended to provide that bond authorizations passed by the General Assembly that are not allocated by the State Bond Commission within five years of such legislative authorization shall expire.

Statement of Purpose:

To require the expiration of bond authorizations that are not allocated by the State Bond Commission within five years.

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