Washington State
House of Representatives
Office of Program Research
BILL
ANALYSIS
Capital Budget Committee
HB 2089
Brief Description: Concerning the capital budget.
Sponsors: Representatives Tharinger, Leavitt, Callan, Reeves and Hackney; by request of Office of Financial Management.
Brief Summary of Bill
  • Makes supplemental capital budget appropriations for the 2023-25 biennium.
Hearing Date: 1/11/24
Staff: Kelci Karl-Robinson (786-7116).
Background:

The capital expenses of state government agencies and programs are funded on a two-year basis through an omnibus capital budget.  The capital budget includes appropriations for acquiring, constructing, and repairing capital assets such as land, buildings, and other infrastructure improvements.  Funding for capital budget appropriations is from state general obligation bonds, dedicated accounts, state trust land revenues, and federal funding sources.  The biennial two-year budget is passed in odd-numbered years, and a supplemental budget, making  adjustments to the two-year budget, is passed during even-numbered years.  The current capital budget covers the period from July 1, 2023, through June 30, 2025.
Summary of Bill:

Governor Inslee's proposed supplemental capital budget appropriates a total of $1.3 billion for capital projects, of which $115 million is financed through general obligation bond proceeds. 
Appropriation: This bill contains multiple appropriations. Please refer to the bill and supporting documents.
Fiscal Note: Not requested.
Effective Date: The bill contains an emergency clause and takes effect immediately.