Secs. 10-292c to 10-292n. Definitions. Interest subsidy grants. Committee from General Assembly to review listing of eligible interest subsidy grants. Approval or disapproval of interest subsidy applications by Commissioner of Education. Percentage determination for interest subsidy grants. Interest subsidy grants to incorporated or endowed high schools and academies. Computation of interest subsidy grants. Installment payment of interest subsidy grants; withholding of state grant payments. Bond issue for interest subsidy grants. Certification of dates and amounts of interest subsidy grant payments. Short-term financing and interest subsidy grants; availability of interest subsidy grants for the local share of the cost of school building projects, amount of grant. Default by municipality or private academy.

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