FINAL BILL REPORT

                 ESHB 1435

                         C 136 L 93

                     Synopsis as Enacted

Brief Description:  Authorizing funds for state agency buildings.

By House Committee on Capital Budget (originally sponsored by Representatives Wang and Ogden; by request of Office of Financial Management).

House Committee on Capital Budget

Senate Committee on Ways & Means

Background:  State government operates on a 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 1992 capital budget is amended to authorize the Department of General Administration to enter into a financial contract for acquisition of land and buildings in Yakima and to reduce the Department of Ecology's appropriation for Referendum 39 and Referendum 26.  The budget is further amended to clarify a condition to the Department of Trade and Economic Development's appropriation for the Agricultural Complex in Yakima.  The condition prohibits state money from being used for a separate stadium facility at the Agricultural Complex in Yakima.

Votes on Final Passage:

House  59 31

Senate 39 6

Effective:  April 30, 1993