AN ACT ESTABLISHING A TASK FORCE TO STUDY STATE GUARANTEED CONSTRUCTION BONDS.

HB 7111 establishes a task force to study whether Connecticut should allow state-backed bonds for private housing construction projects. The task force will examine two specific options: (1) enabling the State Bond Commission to authorize bonds with the state's full credit backing for housing projects, and (2) creating a streamlined bond process that bypasses the Commission's approval. The group, composed of 11 members including housing officials, legislative leaders, and the Treasurer, must submit findings by February 1, 2026. This bill does not change current bond rules but sets up a study to evaluate potential policy options for housing developers.