HB 5482 — AN ACT AUTHORIZING BONDS OF THE STATE FOR THE CONSTRUCTION OF A NEW BARRACKS FOR TROOP D OF THE DIVISION OF STATE POLICE IN DANIELSON.

House of Representatives General Assembly SubstituteFile Bill No.

5482244 February Session, 2024 ANSubstitute ACTHouse AUTHORIZINGBill BONDSNo. OF THE STATE FOR THE CONSTRUCTION OF A NEW BARRACKS FOR TROOP D OF THE DIVISION OF STATE POLICE IN DANIELSON.

5482 House of Representatives, April 3, 2024 The Committee on Public Safety and Security reported through REP.

BOYD of the 50th Dist., Chairperson of the Committee on the part of the House, that the substitute bill ought to pass.

AN ACT AUTHORIZING BONDS OF THE STATE FOR THE CONSTRUCTION OF A NEW BARRACKS FOR TROOP D OF THE DIVISION OF STATE POLICE IN DANIELSON.

(1) Alterations, renovations and improvements to buildings and grounds,sHB5482 including/ utilities,mechanicalFile systemsNo. and energy conservation projects, not exceeding $31,500,000;

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244 grounds, including utilities, mechanical systems and energy conservation projects, not exceeding $31,500,000;

LCOThis \\PRDFS1\HCOUSERS\BARRYJN\WS\2024HB-05482-R011act ofshall 2take HB.docxeffect Substituteas Billfollows No.and shall amend the following sections:

5482 This act shall take effect as follows and shall amend the following sections:

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244 The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and do not represent the intent of the General Assembly or either chamber thereof for any purpose.

In general, fiscal impacts are based upon a variety of informational sources, including the analyst’s professional knowledge.

Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.

OFA Fiscal Note State Impact:

Agency Affected Fund-Effect FY 25 $ FY 26 $ Treasurer, Debt Serv.

GF - Cost See Below See Below Note:

GF=General Fund Municipal Impact:

None Explanation The bill authorizes $20 million in General Obligation bonds for the constructionofanewbarracksforTroopDoftheDivisionofStatePolice inDanielson.

To theextent bondsare fully allocated andexpended,total debt service is expected to be approximately $28.6 million over the 20- year duration of the bonds, with annual payments starting no earlier than FY 26.

The Out Years The annualized ongoing fiscal impact identified above would continue into the future subject to the terms of any bonds issued.

sHB5482 / File No.

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244 OLR Bill Analysis sHB 5482 AN ACT AUTHORIZING BONDS OF THE STATE FOR THE CONSTRUCTION OF A NEW BARRACKS FOR TROOP D OF THE DIVISION OF STATE POLICE IN DANIELSON.

SUMMARY This bill authorizes $20 million in new state general obligation bonds in FY 25 to the Department of Emergency Services and Public Protection for constructing a new barracks for the State Police Troop D in Danielson.

By law, the bonds are subject to standard issuance procedures and have a maximum term of 20 years.

EFFECTIVE DATE:

July 1, 2024 COMMITTEE ACTION Public Safety and Security Committee Joint Favorable Yea 25 Nay 0 (03/19/2024) sHB5482 / File No.

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