The General Assembly approved a $7.5 billion two-year bond package late Wednesday that invests nearly $5 billion in transportation, housing, capital projects at public colleges and universities and local school construction. The Democratic-controlled legislature endorsed the financing in overwhelming bipartisan fashion, with the House of Representatives voting 145-4 and the Senate backing the measure 35-1. The plan also orders new financing to help local school districts improve air quality, support renovations to the Connecticut Convention and XL centers in Hartford, and to cover added costs involved with dredging New London port to facilitate a wind-to-energy project. Rebuilding Connecticut’s aging highways, bridges and rail lines again consumes a major portion of the state’s credit card. Lawmakers authorized nearly $1.6 billion in transportation bonding for the fiscal year that begins July 1 and another $1.5 billion in 2024-25.
Lawmakers send $7.5B bipartisan bond package to Lamont’s desk