HOUSE BILL REPORT

                  HB 1165

 

             As Reported By House Committee On:

                       Capital Budget

 

Title:  An act relating to the capital budget.

 

Brief Description:  Making appropriations and authorizing expenditures for capital improvements.

 

Sponsors:  Representatives Murray, Mitchell, Radcliff, Hankins and O'Brien; by request of Governor Locke.

 

Brief History:

  Committee Activity:

Capital Budget:  3/31/99 [DPS].

 

           Brief Summary of Substitute Bill

 

$Adopting the 1999-01 Capital Budget.

 

 

HOUSE COMMITTEE ON CAPITAL BUDGET

 

Majority Report:  The substitute bill be substituted therefor and the substitute bill do pass.  Signed by 18 members:  Representatives Mitchell, Republican Co-Chair; Murray, Democratic Co-Chair; Edmonds, Democratic Vice Chair; Esser, Republican Vice Chair; Alexander; Anderson; Barlean; Bush; Constantine; Dunshee; Hankins; Koster; Lantz; Mastin; Miloscia; O'Brien; Ogden and Schoesler.

 

Staff:  Bill Robinson (786-7140).

 

Background: 

 

The programs and agencies of state government are funded on a two-year basis, with each fiscal biennium beginning on July 1 of odd-numbered years.  The capital budget generally includes appropriations for the acquisition, construction, and repair of capital assets such as land, buildings, and other infrastructure improvements.  Funding for the capital budget is primarily from state general obligation bonds, with other funding derived from various dedicated taxes, fees, and state trust land timber revenues.

 

 

Summary of Substitute Bill: 

 

The omnibus 1999-01 capital budget authorizes $2.293 billion in new capital projects, of which $987.6 million is from new state bonds authorized for the 1999-01 biennium.  Reappropriations of $1.2 billion are made for uncompleted projects approved in prior biennia.

 

The capital budget also authorizes state agencies to undertake various lease-purchase and lease development projects.

 

Substitute Bill Compared to Original Bill:  The substitute bill changes the appropriation and funding sources for various capital projects.

 

 

Appropriation:  The sum of $987.6 million from general fund-supported bonds and $1.306 billion from other funds for new capital projects for 1999-01.

 

Fiscal Note:  Not requested.

 

Effective Date of Substitute Bill:  The bill contains an emergency clause and takes effect immediately.