Senator Pat Billie Miller, Senate Chair of the legislature’s General Obligation Bonding Subcommittee, led passage Wednesday of a $6.68 billion bonding package designed to meet Connecticut’s capital needs including funding for municipal roads, school construction, brownfield mitigation, and economic development.
The Senate approved the bonding bill on a 35-1 vote, sending the package to the governor for his signature. The bill includes new general obligation bond authorizations in the amounts of $3.28 billion for fiscal year ‘26 and $3.4 billion for FY ‘27.
“This bonding package is a thoughtful, strategic investment in Connecticut’s future,” Senator Miller, D-Stamford, said. “It strengthens our towns and cities through increased local aid, supports school repairs and construction, expands affordable housing, invests in clean water and brownfield cleanup, and funds priorities like child care, and workforce development. These authorizations reflect our commitment to addressing real needs in communities across the state.”
The bill will fund important priorities including:
Support for Towns and Cities
H.B. 7288 contains significant funding for Connecticut municipalities amounting to a total of $980 million in FY ‘26 and more than $950 million in FY ‘27. The bill includes an additional $40 million for the Town Aid Road program and an increase of $10 million for the Small Town Economic Assistance Program. The bill authorizes $550 million for school construction and creates a new, $30 million District Repair and Improvement Project program to help districts fund other school-related projects.
Economic Development
The bill includes major funding for brownfield remediation projects including $40 million in new authorizations in each year of the two-year budget. It also continues Connecticut’s investment in high poverty, low opportunity census tracts with $100 million over two years.
Bond authorizations will support Connecticut manufacturers through $100 million for the Manufacturers Assistance Act in both years of the biennium and $20 million in FY ‘26 and $25 million in FY ‘25 for the Connecticut Manufacturing Innovation Fund.
Housing
The bond bill follows through on the legislature’s commitment to expanding the availability of housing in Connecticut. It sets aside $498.5 million in housing-related authorizations in FY ‘26 and $593.5 million in FY ‘27. These bonds will support initiatives like the Flexible Housing Program, the Housing Trust Fund, and the Time to Own assistance program for first-time homebuyers.
Environment
The bill also contains more than $1 billion in bond authorizations over two years to support a variety of environmental initiatives including funding to support solar installations, the Clean Water Fund, bikeways, municipal open space, state parks, and grants to mitigate toxic PFAS chemicals.
Other Initiatives
Bond authorizations will support a variety of other programs including a total of $20 million for the Nonprofit Security Project, which provides grant funding for security infrastructure improvements at nonprofit organizations including houses of worship across Connecticut
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