Sec. 13b-77a. Annual report re certain special tax obligation bonds.

      Sec. 13b-77a. Annual report re certain special tax obligation bonds. On or before February 1, 2006, and annually thereafter, the Commissioner of Transportation shall prepare a report regarding the special tax obligation bonds authorized for purposes of sections 2 and 8 of public act 05-4 of the June special session*. Such report shall be submitted in accordance with section 11-4a to the joint standing committees of the General Assembly having cognizance of matters relating to finance, revenue and bonding, transportation and appropriations. Such report shall include (1) information on any cost overruns in all transportation projects financed with special tax obligation bonds in the five years preceding the date of such report, and (2) an accounting of the unallocated balances remaining on all special tax obligation bonds authorized for transportation purposes.

      (June Sp. Sess. P.A. 05-4, S. 18.)

      *Note: Sections 2 and 8 of public act 05-4 of the June special session are special in nature and therefore have not been codified but remain in full force and effect according to their terms.

      History: June Sp. Sess. P.A. 05-4 effective July 1, 2005.