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Read. Follow. Verify.General Assembly affirms reauthorization of the Community Investment Fund 2030 board and program
Last action · March 18, 2026: File Number 64
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What This Bill Proposed
The General Assembly adopted a resolution reauthorizing the Community Investment Fund 2030 board and program to continue financing qualifying economic and community development projects for fiscal years 2028 through 2032. Reauthorization allows the State Bond Commission to consider issuing future bonds, contingent upon agreement between the Governor and the CIF 2030 board.
The measure clears a mandatory legislative hurdle required to unlock up to $1.25 billion in potential municipal awards and $1.9 billion in total long-term General Fund debt service over a 20-year bond duration for distressed communities.
- The Community Investment Fund 2030 was created to finance economic and community development projects in designated distressed communities across the state. context
- The General Assembly is the state legislature responsible for adopting joint resolutions and passing statutes. context
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
municipalities
Eligible municipalities may receive future Community Investment Fund 2030 awards up to a potential total of $1.25 billion.
community development corporations
Community development corporations are permitted to submit funding proposals for eligible economic and community development projects.
nonprofit organizations
Nonprofit organizations can submit funding proposals to the board for review and recommendation.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What does this resolution do?
Who is eligible to apply for funding from the Community Investment Fund 2030?
What are the financial implications if the reauthorization goes forward?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
This resolution did not become law - Died at adjournment · on the House floor.
Procedural history
9 actions- Mar 18, 2026Connecticut General AssemblyFile Number 64
- Mar 18, 2026HouseHouse Calendar Number 70
- Mar 18, 2026HouseFavorable Report, Tabled for the Calendar, House
- Mar 18, 2026Connecticut General AssemblyReported Out of Legislative Commissioners' Office
- Mar 12, 2026Connecticut General AssemblyReferred to Office of Legislative Research and Office of Fiscal Analysis 03/17/26 5:00 PM
- Mar 5, 2026Connecticut General AssemblyFiled with Legislative Commissioners' Office
Show 3 earlier actions
- Mar 5, 2026Connecticut General AssemblyJoint Favorable
- Feb 27, 2026Connecticut General AssemblyPublic Hearing 03/03
- Feb 26, 2026Connecticut General AssemblyCommitteeReferred to Joint Committee on Commerce
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Contingent Bond Authorization Mechanism
The statute explicitly ties the second multi-year tranche of bonding authority to a dual requirement of executive agreement and legislative affirmation.
Connected Entities
Sources
cga.ct.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 75)
- Controversy15Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz25Current news / social attention level
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