Conn. Gen. Stat. § 10-287d

Current with legislation from 2024 effective through June 6, 2024.

Section 10-287d - [Effective Until 7/1/2024] Bond issue for school building project grants

For the purposes of funding (1) grants to projects that have received approval of the Department of Administrative Services pursuant to sections 10-287 and 10-287a, subsection (a) of section 10-65 and section 10-76e, (2) grants to assist school building projects to remedy safety and health violations and damage from fire and catastrophe, and (3) technical education and career school projects pursuant to section 10283b, the State Treasurer is authorized and directed, subject to and in accordance with the provisions of section 3-20, to issue bonds of the state from time to time in one or more series in an aggregate amount not exceeding thirteen billion six hundred twelve million one hundred sixty thousand dollars. Bonds of each series shall bear such date or dates and mature at such time or times not exceeding thirty years from their respective dates and be subject to such redemption privileges, with or without premium, as may be fixed by the State Bond Commission. They shall be sold at not less than par and accrued interest and the full faith and credit of the state is pledged for the payment of the interest thereon and the principal thereof as the same shall 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. The State Treasurer is authorized to invest temporarily in direct obligations of the United States, United States agency obligations, certificates of deposit, commercial paper or bank acceptances such portion of the proceeds of such bonds or of any notes issued in anticipation thereof as may be deemed available for such purpose.

(1969, P.A. 751, S. 5; 1971, P.A. 25, S. 1; 695, S. 4; June, 1971, P.A. 4, S. 4; 1972, P.A. 225, S. 3; P.A. 73-286, S. 4, 5; P.A. 76-418, S. 17, 18; P.A. 79-591, S. 1, 2; P.A. 80-317, S. 2, 3; S.A. 80-41, S. 61, 68; P.A. 84-443, S. 9, 20; P.A. 87-405, S. 14, 26; P.A. 88-343, S. 8, 32; P.A. 89-1, S. 1, 2; 89-331, S. 11, 30; P.A. 90-297, S. 5, 24; June Sp. Sess. P.A. 91-4 , S. 11 , 25 ; May Sp. Sess. 92-7 , S. 10, 36 ; June Sp. Sess. P.A. 93-1 , S. 10 , 45 ; P.A. 95-272 , S. 8 , 29 ; P.A. 97-265 , S. 81 , 98 ; P.A. 98-259 , S. 7 , 17 ; P.A. 99-4 , S. 1 , 3 ; 99-241 , S. 7 , 66 ; 99-281 , S. 3 , 6 ; P.A. 00-167 , S. 60 , 69 ; June Sp. Sess. P.A. 01-7 , S. 4 , 28 ; May 9 Sp. Sess. P.A. 02-5 , S. 9 ; Sept. 8 Sp. Sess. P.A. 03-2, S. 20; May Sp. Sess. P.A. 04-1 , S. 6 ; June Sp. Sess. P.A. 05-5 , S. 5 ; June Sp. Sess. P.A. 07-7 , S. 47 ; P.A. 08-169 , S. 30 ; June Sp. Sess. P.A. 09-3 , S. 127 ; Sept. Sp. Sess. P.A. 09-2 , S. 3 ; P.A. 11-57 , S. 65 ; P.A. 12-116 , S. 87 ; P.A. 13-239 , S. 58 ; 13-247 , S. 200 ; June Sp. Sess. P.A. 15-1 , S. 60 ; P.A. 17-237 , S. 85 ; June Sp. Sess. P.A. 17-2 , S. 435 ; P.A. 18-178 , S. 18 .)

Amended by P.A. 22-0118, S. 334 of the Connecticut Acts of the 2022 Regular Session, eff. 7/1/2022.

Amended by P.A. 21-0002, S. 484 of the Connecticut Acts of the 2021 Special Session, eff. 7/1/2021.

Amended by P.A. 21-0111, S. 57 of the Connecticut Acts of the 2021 Regular Session, eff. 7/1/2021.

Amended by P.A. 20-0001, S. 60 of the Connecticut Acts of the 2020 Regular Session, eff. 3/12/2020.

Amended by P.A. 18-0178, S. 18 of the Connecticut Acts of the 2018 Regular Session, eff. 7/1/2018.

Amended by P.A. 17-0002, S. 435 of the Connecticut Acts of the 2017 Special Session, eff. 10/31/2017.

Amended by P.A. 17-0237, S. 85 of the Connecticut Acts of the 2017 Regular Session, eff. 7/1/2017.

Amended by P.A. 15-0001, S. 60 of the Connecticut Acts of the 2015 Special Session, eff. 7/1/2015.

This section is set out more than once due to postponed, multiple, or conflicting amendments.

See Sec. 10-290f re development of series of standard school construction contracts.