Page 458

House Bill No. 5506

Public Act No. 22-118 458 of 739

funds derived from the sale of bonds authorized by said commission without a finding that the reports and statements required by subdivision (2) of this section have been filed with it shall be allotted by the Governor for any project until the reports and statements required by subdivision (2) of this section, with respect to such project, have been filed with the secretary of said commission. Sec. 324. (Effective July 1, 2022) For the purposes of sections 321 to 326, inclusive, of this act, each request filed, as provided in section 323 of this act, for an authorization of bonds shall identify the project for which the proceeds of the sale of such bonds are to be used and expended and, in addition to any terms and conditions required pursuant to said section 323, include the recommendation of the person signing such request as to the extent to which federal, private or other moneys then available or thereafter to be made available for costs in connection with any such project should be added to the state moneys available or becoming available from the proceeds of bonds and temporary notes issued in anticipation of the receipt of the proceeds of bonds. If the request includes a recommendation that some amount of such federal, private or other moneys should be added to such state moneys, then, if and to the extent directed by the State Bond Commission at the time of authorization of such bonds, such amount of such federal, private or other moneys then available or thereafter to be made available for costs in connection with such project shall be added to such state moneys. Sec. 325. (Effective July 1, 2022) Any balance of proceeds of the sale of the bonds authorized for the projects or purposes of section 322 of this act, in excess of the aggregate costs of all the projects so authorized, shall be used in the manner set forth in sections 13b-74 to 13b-77, inclusive, of the general statutes, and in the proceedings of the State Bond Commission respecting the issuance and sale of said bonds. Sec. 326. (Effective July 1, 2022) Bonds issued pursuant to this section and sections 321 to 325, inclusive, of this act, shall be special obligations