(a) For the purposes described in subsection (b) of this section, the State Bond Commission shall have the power from time to time to authorize the issuance of bonds of the state in one or more series and in principal amounts not exceeding in the aggregate twenty million dollars, provided five million dollars of said authorization shall be effective July 1, 2022.
(b) The proceeds of the sale of said bonds, to the extent of the amount stated in subsection (a) of this section, shall be used by the Department of Emergency Services and Public Protection for the purpose of the eligible nonprofit organization security infrastructure competitive grant program, established pursuant to section 29-1bb.
(c) All provisions of section 3-20, or the exercise of any right or power granted thereby, which are not inconsistent with the provisions of this section are hereby adopted and shall apply to all bonds authorized by the State Bond Commission pursuant to this section, and temporary notes in anticipation of the money to be derived from the sale of any such bonds so authorized may be issued in accordance with said section 3-20 and from time to time renewed. Such bonds shall mature at such time or times not exceeding twenty years from their respective dates as may be provided in or pursuant to the resolution or resolutions of the State Bond Commission authorizing such bonds. None of said bonds shall be authorized except upon a finding by the State Bond Commission that there has been filed with it a request for such authorization which is signed by or on behalf of the Secretary of the Office of Policy and Management and states such terms and conditions as said commission, in its discretion, may require. Said bonds issued pursuant to this section shall be general obligations of the state and the full faith and credit of the state of Connecticut are pledged for the payment of the principal of and interest on said bonds as the same become due, and accordingly and as part of the contract of the state with the holders of said bonds, appropriation of all amounts necessary for punctual payment of such principal and interest is hereby made, and the State Treasurer shall pay such principal and interest as the same become due.
(P.A. 20-1 effective March 12, 2020; P.A. 21-111, S. 91.)
History: P.A. 20-1 effective March 12, 2020; P.A. 21-111 amended Subsec. (a) to increase aggregate authorization from $5,000,000 to $20,000,000, of which $5,000,000 is effective July 1, 2022, effective July 1, 2021.
Structure Connecticut General Statutes
Title 29 - Public Safety and State Police
Chapter 528 - Department of Emergency Services and Public Protection
Section 29-1. - Appointment of commissioner.
Section 29-1bb. - Eligible nonprofit organization security infrastructure competitive grant program.
Section 29-1c. (Formerly Sec. 28e-2). - Uniform crime reporting system.
Section 29-1dd. - Prevention of online abuse grant program.
Section 29-1ee. - Speed enforcement on rural roads grant program.
Section 29-1f. - Clearinghouse to assist in location of missing persons other than children.
Section 29-1ff. - Pilot program re the collection of fire and rescue service data.
Section 29-1g. - Child support enforcement. Special policemen. Appointment. Powers.
Section 29-1h. - Child Protection Network program.
Section 29-1i. - Missing adult persons.
Section 29-1j. - Public safety data network.
Section 29-1l. - Notification of incident. Policy re dissemination of information on incident.
Section 29-1p. - Determination of genuine terrorist threat.
Section 29-1q. - Communication with local officials.
Section 29-1t. - Coordinating Advisory Board.
Section 29-1u. - Connecticut medal of bravery.
Section 29-1yy. - Report on recommendations of personnel resource management study.