The proposed bill, General Assembly Proposed Bill No. 175, seeks to authorize the State Bond Commission to issue bonds totaling up to forty million dollars. The proceeds from these bonds will be allocated to The University of Connecticut specifically for the design and construction of student housing at the Avery Point Campus. This initiative aims to enhance the university's infrastructure and support an increase in the student population.

The bill does not contain any deletions from current law but introduces new legal language that empowers the State Bond Commission to facilitate the bond issuance in accordance with section 3-20 of the general statutes. The overarching purpose of this legislation is to secure funding that will improve student housing facilities, thereby fostering a more conducive environment for current and prospective students at the Avery Point Campus.