AN ACT AUTHORIZING THE BONDS OF THE STATE FOR THE PURCHASE OF THE BOND PROPERTY IN THE TOWN OF MONTVILLE.

SB 918 authorizes the state to issue up to $1.4 million in bonds to fund the purchase of "Bond property" in Montville. The proceeds will be provided as a grant-in-aid to the Department of Energy and Environmental Protection (DEEP) for this specific real estate transaction. The bill directly affects the state budget and DEEP's acquisition of this property in Montville, with no broader policy changes or direct impact on residents or businesses.