The bill, Substitute House Bill No. 5482, introduced in the General Assembly with File No. 244, proposes the authorization of state bonds for the construction of a new barracks for Troop D of the Division of State Police in Danielson. The bill includes amendments to public act 23-205, specifically to sections 20 and 21. The amendments involve an increase in the aggregate principal amount of bonds that the State Bond Commission can authorize, from $520,345,000 to $540,345,000, and the allocation of not exceeding $20,000,000 for the construction of the new barracks. The effective date for these amendments is set for July 1, 2024.

The fiscal impact of the bill is detailed in the Fiscal Note, which states that $20 million in General Obligation bonds are authorized for the fiscal year 2025 for the construction project. The total debt service is expected to be approximately $28.6 million over 20 years, with annual payments beginning no earlier than the fiscal year 2026. The bill is subject to standard bond issuance procedures and has a maximum term of 20 years. The Public Safety and Security Committee has given a Joint Favorable report on the bill with a unanimous vote of 25 to 0 on March 19, 2024.