AN ACT AUTHORIZING AND ADJUSTING BONDS OF THE STATE, CONCERNING THE UCONN 2000 PROGRAM AND ESTABLISHING GRANT PROGRAMS FOR SUPPLEMENTAL GRADUATE STUDENT LOANS, WAR OR VETERANS' MEMORIALS OR MONUMENTS AND AGING-IN-PLACE.

SB 85 authorizes the state to issue up to $31.5 million in bonds for specific infrastructure projects, effective July 2026. The funds will finance: a $20 million fleet garage replacement in Wethersfield (Department of Administrative Services), a $1.5 million mesonet system for emergency services (Department of Emergency Services and Public Protection), and $10 million in security upgrades for correction facilities (Department of Correction). The bill also includes a provision to establish a supplemental graduate student loan program, though the text provided does not detail this program’s mechanics. All bond proceeds must be used for the specified projects, with excess funds directed to the General Fund or other eligible projects per the State Bond Commission’s oversight. The bill does not describe the loan program’s structure or eligibility, as that section is not included in the provided text.