Connecticut SB00241 authorizes the State Bond Commission to issue up to $5 million in bonds for the Waterbury Land Bank Authority to acquire.
Connecticut SB00241 allows the State Bond Commission to issue bonds up to $5 million to fund the Waterbury Land Bank Authority. The proceeds will be used by the Department of Economic and Community Development to grant funds to the Waterbury Land Bank Authority for real property projects in Waterbury. The bonds will be repaid using appropriations, and the act takes effect on July 1, 2026.
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