Housing infrastructure bonds authorized, and money appropriated.

Summary

The bill lets the state issue new housing‑infrastructure bonds worth as much as $50 million and requires the agency that issues the bonds to certify yearly debt‑service costs. The commissioner of management and budget must then move money from the general fund to a dedicated bond account each July, with caps that vary by bond series and run through 2049. These steps are meant to ensure reliable financing for housing projects.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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