SENATE BILL REPORT

 

                                    SB 5394

 

                              AS OF APRIL 2, 1991

 

 

Brief Description:  Adopting the capital budget.

 

SPONSORS:Senators McDonald, Rinehart, Conner, Rasmussen and Erwin; by request of Governor Gardner.

 

SENATE COMMITTEE ON WAYS & MEANS

 

Staff:  Mike Groesch (786‑7715)

 

Hearing Dates:April 3, 1991

 

 

BACKGROUND:

 

Expenditures of money for design, construction, and other capital purposes relating to the facilities of the agencies and institutions of state government are authorized by the Legislature for fiscal periods of two years, beginning on July 1 in odd-numbered years.  These expenditures are financed either by cash revenue to the state's funds and accounts or by the issuance of general obligation bonds payable over a period of up to 20 years.

 

SUMMARY:

 

Appropriations from the state building construction account and other special funds and accounts are made for the capital facilities of state government for the fiscal biennium beginning July 1, 1991 and ending June 30, 1993.  The capital budget contains both new appropriations and reappropriations of amounts that remain unexpended from the 1989-91 fiscal biennium.

 

Appropriation:  $1.8 billion new appropriations

 $1.0 billion reappropriations

 

Revenue:  none

 

Fiscal Note:  none requested

 

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