SENATE BILL REPORT

 

                                   ESHB 2552

 

            AS REPORTED BY COMMITTEE ON WAYS & MEANS, MARCH 4, 1992

 

 

Brief Description:  Adopting the supplemental capital budget.

 

SPONSORS: House Committee on Capital Facilities & Financing (originally sponsored by Representatives H. Sommers, Schmidt, Rasmussen, Neher, Dellwo and Jacobsen; by request of Governor Gardner)

 

HOUSE COMMITTEE ON CAPITAL FACILITIES & FINANCING

 

SENATE COMMITTEE ON WAYS & MEANS

 

Majority Report:  Do pass as amended. 

      Signed by Senators McDonald, Chairman; Craswell, Vice Chairman; Bailey, Bauer, Bluechel, Cantu, Gaspard, Hayner, Matson, Newhouse, Rinehart, L. Smith, Talmadge, and West.

 

Staff:  Steve Jones (786‑7715)

 

Hearing Dates:  January 20, 1992; March 4, 1992

 

 

BACKGROUND:

 

The state government operates on two-year fiscal period beginning on July 1 of odd-numbered years.  In addition to the operating budget adopted every two years, the Legislature also enacts a capital budget providing for land acquisition, construction, facility improvements, and other capital needs of the state and its agencies and institutions.  Many of these projects are financed by the issuance of state general obligation bonds.

 

In the intervening (even-numbered) years, the Legislature enacts a supplemental capital budget that revises existing appropriations and authorizes additional capital projects.

 

SUMMARY:

 

The 1991 capital budget is amended to modify previously authorized capital projects and to authorize new projects for the agencies and institutions of the state.

 

Appropriation:  See bill.

 

Revenue:  none

 

Fiscal Note:  none requested

 

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

 

SUMMARY OF PROPOSED SENATE AMENDMENT:

 

Capital appropriations for various projects are revised and new projects are added.