Bill Text: CT SB01004 | 2011 | General Assembly | Comm Sub

Connecticut Senate Bill 1004 (Prior Session Legislation)

Bill Title: An Act Concerning The Authorization Of Special Tax Obligation Bonds Of The State For Certain Transportation Purposes.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced - Dead) 2011-05-11 - File Number 797 [SB01004 Detail]

Download: Connecticut-2011-SB01004-Comm_Sub.html

General Assembly		*Substitute Bill No. 1004*
*January Session, 2011*		_____SB01004FIN___042511____

AN ACT CONCERNING THE AUTHORIZATION OF SPECIAL TAX OBLIGATION BONDS OF THE STATE FOR CERTAIN TRANSPORTATION PURPOSES.

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

Section 1. (Effective July 1, 2011) The State Bond Commission shall have power, in accordance with the provisions of sections 1 to 6, inclusive, of this act, from time to time to authorize the issuance of special tax obligation bonds of the state in one or more series and in principal amounts in the aggregate, not exceeding $578,649,193.

Sec. 2. (Effective July 1, 2011) The proceeds of the sale of bonds described in sections 1 to 6, inclusive, of this act, to the extent hereinafter stated, shall be used for the purpose of payment of the transportation costs, as defined in subdivision (6) of section 13b-75 of the general statutes, with respect to the projects and uses hereinafter described, which projects and uses are hereby found and determined to be in furtherance of one or more of the authorized purposes for the issuance of special tax obligation bonds set forth in section 13b-74 of the general statutes.

For the Department of Transportation:

(a) For the Bureau of Engineering and Highway Operations:

(1) Interstate Highway Program, not exceeding $13,000,000;

(2) Urban Systems Projects, not exceeding $8,500,000;

(3) Intrastate Highway Program, not exceeding $44,000,000;

(4) Environmental compliance, soil and groundwater remediation, hazardous materials abatement, demolition, salt shed construction and renovation, storage tank replacement, and environmental emergency response at or in the vicinity of state-owned properties or related to Department of Transportation operations, not exceeding $13,000,000;

(5) State bridge improvement, rehabilitation and replacement projects, not exceeding $33,000,000;

(6) Capital resurfacing and related reconstruction, not exceeding $137,800,000;

(7) Fix-it-First program to repair the state's roads, not exceeding $39,146,000;

(8) Fix-it-First program to repair the state's bridges, not exceeding $66,150,000;

(9) Improvement and repair of rail freight bridge between Hartford and East Hartford, not exceeding $3,000,200.

(b) For the Bureau of Aviation and Ports:

(1) Reconstruction and improvements to the warehouse and State Pier, New London, including site improvements and improvements to ferry slips, not exceeding $780,000;

(2) Development and improvement of general aviation airport facilities including grants-in-aid to municipal airports, excluding Bradley International Airport, not exceeding $2,000,000.

(1) Bus and rail facilities and equipment, including rights-of-way, other property acquisition and related projects, not exceeding $156,722,000;

(2) Demolition of one hundred seventy-five thousand square feet of obsolete mill structures related to the Barnum train station project in Bridgeport, not exceeding $2,500,000;

(3) Construction of a catwalk over the railroad tracks separating the Columbus Circle area and McAuliffe Park in East Hartford, not exceeding $230,000.

(d) For the Bureau of Administration:

(1) Department facilities, not exceeding $37,520,993;

(2) Cost of issuance of special tax obligation bonds and debt service reserve, not exceeding $21,300,000.

Sec. 3. (Effective July 1, 2011) None of the bonds described in sections 1 to 6, inclusive, of this act shall be authorized except upon a finding by the State Bond Commission that there has been filed with it (1) a request for such authorization, which is signed by the Secretary of the Office of Policy and Management or by or on behalf of such state officer, department or agency and stating such terms and conditions as said commission, in its discretion, may require, and (2) any capital development impact statement and any human services facility colocation statement required to be filed with the Secretary of the Office of Policy and Management pursuant to section 4b-31 of the general statutes, any advisory report regarding the state conservation and development policies plan required pursuant to section 16a-31 of the general statutes, and any statement regarding farm land required pursuant to subsection (g) of section 3-20 of the general statutes and section 22-6 of the general statutes, provided the State Bond Commission may authorize said bonds without a finding that the reports and statements required by subdivision (2) of this section have been filed with it if said commission authorizes the secretary of said commission to accept such reports and statements on its behalf. No funds derived from the sale of bonds authorized by said commission without a finding that the reports and statements required by subdivision (2) of this section have been filed with it shall be allotted by the Governor for any project until the reports and statements required by subdivision (2) of this section, with respect to such project, have been filed with the secretary of said commission.

Sec. 4. (Effective July 1, 2011) For the purposes of sections 1 to 6, inclusive, of this act, each request filed, as provided in section 3 of this act, for an authorization of bonds shall identify the project for which the proceeds of the sale of such bonds are to be used and expended and, in addition to any terms and conditions required pursuant to said section 3, include the recommendation of the person signing such request as to the extent to which federal, private or other moneys then available or thereafter to be made available for costs in connection with any such project should be added to the state moneys available or becoming available from the proceeds of bonds and temporary notes issued in anticipation of the receipt of the proceeds of bonds. If the request includes a recommendation that some amount of such federal, private or other moneys should be added to such state moneys, then, if and to the extent directed by the State Bond Commission at the time of authorization of such bonds, such amount of such federal, private or other moneys then available or thereafter to be made available for costs in connection with such project shall be added to such state moneys.

Sec. 5. (Effective July 1, 2011) Any balance of proceeds of the sale of bonds authorized for the projects or purposes of section 2 of this act, in excess of the aggregate costs of all the projects so authorized, shall be used in the manner set forth in sections 13b-74 to 13b-77, inclusive, of the general statutes, and in the proceedings of the State Bond Commission respecting the issuance and sale of said bonds.

Sec. 6. (Effective July 1, 2011) Bonds issued pursuant to sections 1 to 6, inclusive, of this act, shall be special obligations of the state and shall not be payable from or charged upon any funds other than revenues of the state pledged therefor in subsection (b) of section 13b-61 of the general statutes and section 13b-61a of the general statutes, or such other receipts, funds or moneys as may be pledged therefor. Said bonds shall not be payable from or charged upon any funds other than such pledged revenues or such other receipts, funds or moneys as may be pledged therefor, nor shall the state or any political subdivision thereof be subject to any liability thereon, except to the extent of such pledged revenues or such other receipts, funds or moneys as may be pledged therefor. Said bonds shall be issued under and in accordance with the provisions of sections 13b-74 to 13b-77, inclusive, of the general statutes.

Sec. 7. (Effective July 1, 2012) The State Bond Commission shall have power, in accordance with the provisions of sections 7 to 12, inclusive, of this act, from time to time to authorize the issuance of special tax obligation bonds of the state in one or more series and in principal amounts in the aggregate not exceeding $515,239,168.

Sec. 8. (Effective July 1, 2012) The proceeds of the sale of bonds described in sections 7 to 12, inclusive, of this act, to the extent hereinafter stated, shall be used for the purpose of payment of the transportation costs, as defined in subdivision (6) of section 13b-75 of the general statutes, with respect to the projects and uses hereinafter described, which projects and uses are hereby found and determined to be in furtherance of one or more of the authorized purposes for the issuance of special tax obligation bonds set forth in section 13b-74 of the general statutes.

For the Department of Transportation:

(a) For the Bureau of Engineering and Highway Operations:

(1) Interstate Highway Program, not exceeding $14,950,000;

(2) Urban Systems Projects, not exceeding $8,500,000;

(3) Intrastate Highway Program, not exceeding $44,000,000;

(5) State bridge improvement, rehabilitation and replacement projects, not exceeding $33,000,000;

(6) Capital resurfacing and related reconstruction projects, not exceeding $68,900,000;

(7) Fix-it-First program to repair the state's roads, not exceeding $57,600,000;

(8) Fix-it-First program to repair the state's bridges, not exceeding $64,129,000.

(b) For the Bureau of Aviation and Ports:

(1) Reconstruction and improvements to the warehouse and State Pier, New London, including site improvements and improvements to ferry slips, not exceeding $6,100,000;

(2) Development and improvements of general aviation airport facilities including grants-in-aid to municipal airports, excluding Bradley International Airport, not exceeding $2,000,000.

(c) For the Bureau of Public Transportation: Bus and rail facilities and equipment, including rights-of-way, other property acquisition and related projects, not exceeding $167,000,000.

(d) For the Bureau of Administration:

(1) Department facilities, not exceeding $16,555,168;

(2) Cost of issuance of special tax obligation bonds and debt service reserve, not exceeding $21,300,000.

Sec. 9. (Effective July 1, 2012) None of the bonds described in sections 7 to 12, inclusive, of this act shall be authorized except upon a finding by the State Bond Commission that there has been filed with it (1) a request for such authorization, which is signed by the Secretary of the Office of Policy and Management or by or on behalf of such state officer, department or agency and stating such terms and conditions as said commission, in its discretion, may require, and (2) any capital development impact statement and any human services facility colocation statement required to be filed with the Secretary of the Office of Policy and Management pursuant to section 4b-31 of the general statutes, any advisory report regarding the state conservation and development policies plan required pursuant to section 16a-31 of the general statutes, and any statement regarding farm land required pursuant to subsection (g) of section 3-20 of the general statutes, and section 22-6 of the general statutes, provided the State Bond Commission may authorize said bonds without a finding that the reports and statements required by subdivision (2) of this section have been filed with it if said commission authorizes the secretary of said commission to accept such reports and statements on its behalf. No funds derived from the sale of bonds authorized by said commission without a finding that the reports and statements required by subdivision (2) of this section have been filed with it shall be allotted by the Governor for any project until the reports and statements required by subdivision (2) of this section, with respect to such project, have been filed with the secretary of said commission.

Sec. 10. (Effective July 1, 2012) For the purposes of sections 7 to 12, inclusive, of this act, each request filed, as provided in section 9 of this act, for an authorization of bonds shall identify the project for which the proceeds of the sale of such bonds are to be used and expended and, in addition to any terms and conditions required pursuant to said section 9, include the recommendation of the person signing such request as to the extent to which federal, private or other moneys then available or thereafter to be made available for costs in connection with any such project should be added to the state moneys available or becoming available from the proceeds of bonds and temporary notes issued in anticipation of the receipt of the proceeds of bonds. If the request includes a recommendation that some amount of such federal, private or other moneys should be added to such state moneys, then, if and to the extent directed by the State Bond Commission at the time of authorization of such bonds, such amount of such federal, private or other moneys then available or thereafter to be made available for costs in connection with such project shall be added to such state moneys.

Sec. 11. (Effective July 1, 2012) Any balance of proceeds of the sale of the bonds authorized for the projects or purposes of section 8 of this act, in excess of the aggregate costs of all the projects so authorized, shall be used in the manner set forth in sections 13b-74 to 13b-77, inclusive, of the general statutes, and in the proceedings of the State Bond Commission respecting the issuance and sale of said bonds.

Sec. 12. (Effective July 1, 2012) Bonds issued pursuant to sections 7 to 12, inclusive, of this act, shall be special obligations of the state and shall not be payable from or charged upon any funds other than revenues of the state pledged therefor in subsection (b) of section 13b-61, and section 13b-61a of the general statutes, or such other receipts, funds or moneys as may be pledged therefor. Said bonds shall not be payable from or charged upon any funds other than such pledged revenues or such other receipts, funds or moneys as may be pledged therefor, nor shall the state or any political subdivision thereof be subject to any liability thereon, except to the extent of such pledged revenues or such other receipts, funds or moneys as may be pledged therefor. Said bonds shall be issued under and in accordance with the provisions of sections 13b-74 to 13b-77, inclusive, of the general statutes.


This act shall take effect as follows and shall amend the following sections:
Section 1	July 1, 2011	New section
Sec. 2	July 1, 2011	New section
Sec. 3	July 1, 2011	New section
Sec. 4	July 1, 2011	New section
Sec. 5	July 1, 2011	New section
Sec. 6	July 1, 2011	New section
Sec. 7	July 1, 2012	New section
Sec. 8	July 1, 2012	New section
Sec. 9	July 1, 2012	New section
Sec. 10	July 1, 2012	New section
Sec. 11	July 1, 2012	New section
Sec. 12	July 1, 2012	New section