SENATE BILL REPORT
This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent.
As Reported by Senate Committee On:
Ways & Means, April 4, 2019
Title: An act relating to the capital budget.
Brief Description: Concerning the capital budget.
Sponsors: House Committee on Capital Budget (originally sponsored by Representative Tharinger; by request of Office of Financial Management).
Brief History: Passed House: 4/03/19, 94-0.
Committee Activity: Ways & Means: 4/04/19 [DPA].
SENATE COMMITTEE ON WAYS & MEANS
Majority Report: Do pass as amended.
Signed by Senators Rolfes, Chair; Frockt, Vice Chair, Operating, Capital Lead; Mullet, Capital Budget Cabinet; Brown, Assistant Ranking Member, Operating; Honeyford, Assistant Ranking Member, Capital; Bailey, Becker, Billig, Conway, Darneille, Hasegawa, Hunt, Keiser, Liias, Palumbo, Pedersen, Schoesler, Van De Wege, Wagoner and Warnick.
Staff: Richard Ramsey (786-7412)
Background: The programs and agencies of state government are funded on a two-year basis, with each fiscal biennium beginning on July 1st 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 revenues.
Summary of Amended Bill: The omnibus 2019-21 capital budget authorizes new capital projects for state agencies and institutions of higher education for the 2019-21 fiscal biennium. The bill makes adjustments to the 2017-19 capital budget.
For the 2017-19 biennium, a total of $5.263 billion is appropriated; $3.08 billion is appropriated from the proceeds of state general obligation bonds. The 2017-19 capital budget is adjusted; there is a net decrease of $34.5 million. The budget authorizes state agencies and higher education institutions to enter into alternative financing contracts for a total of $204 million.
Budget summary materials are available online at http://fiscal.wa.gov/ under the Budget Bills and Documents header.
EFFECT OF WAYS & MEANS COMMITTEE AMENDMENT(S): Various appropriations are adjusted.
Appropriation: The bill contains appropriations totaling $5.263 billion from various accounts.
Fiscal Note: Not requested.
Creates Committee/Commission/Task Force that includes Legislative members: No.
Effective Date: The bill contains an emergency clause and takes effect immediately.
Staff Summary of Public Testimony: No public hearing was held.
Persons Testifying: N/A
Persons Signed In To Testify But Not Testifying: N/A