The proposed bill, General Assembly Proposed Bill No. 172, authorizes the State Bond Commission to issue bonds totaling up to six hundred thousand dollars. The proceeds from these bonds will be allocated to the Department of Economic and Community Development, which will provide a grant-in-aid specifically for renovations to St. Mary of the Immaculate Conception in the village of Baltic, located in the town of Sprague. The renovations will focus on the bell tower and other structures associated with the church.

The bill aims to support the preservation and improvement of St. Mary of the Immaculate Conception, reflecting the state's commitment to maintaining historical and community landmarks. There are no deletions from current law noted in the text, as the bill primarily introduces new provisions related to the issuance of bonds for this specific purpose.