SENATE BILL REPORT

                           SSB 6243

              AS PASSED SENATE, FEBRUARY 18, 1994

Brief Description:  Relating to the capital budget.

SPONSORS: Senate Committee on Ways & Means (originally sponsored by Senators Rinehart and Quigley; by request of Office of Financial Management)

SENATE COMMITTEE ON WAYS & MEANS

Majority Report:  That Substitute Senate Bill No. 6243 be substituted therefor, and the substitute bill do pass. 

     Signed by Senators Rinehart, Chairman; Quigley, Vice Chairman; Bauer, Bluechel, Gaspard, Hargrove, Ludwig, McDonald, Moyer, Niemi, Owen, Pelz, Snyder, Spanel, Sutherland, Talmadge and Wojahn.

Staff:  Michael Groesch (786‑7715)

Hearing Dates: February 16, 1994; February 17, 1994

HOUSE COMMITTEE ON CAPITAL BUDGET

BACKGROUND:

Every two years the Legislature adopts a biennial capital budget approving the expenditure of state moneys for capital purposes.  On even-numbered years, a supplemental capital budget is adopted to address emergent needs for school construction, institutions of higher education, and other state facilities.

SUMMARY:

Appropriation adjustments are made to the 1993-95 capital budget.

The general fund bond supported appropriations made for new projects in the 1993-95 biennial capital budget are reduced by $22,904,505.  Changes in reappropriations and other fund adjustments reduce the total 1993-95 capital appropriations by $35,382,322.

Appropriation:  yes

Revenue:  none

Fiscal Note:  none requested

HOUSE AMENDMENT(S):

The total appropriations in the 1993-1995 capital budget are reduced $53.6 million.  The state bonded portion of the capital budget is reduced $6.8 million and the other funding sources are reduced $46.8 million.