Washington State House of Representatives Office of Program Research | BILL ANALYSIS |
Capital Budget Committee |
HB 2836
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. |
Brief Description: Concerning the capital budget.
Sponsors: Representatives Dunshee and White; by request of Governor Gregoire.
Brief Summary of Bill |
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Hearing Date: 2/23/10
Staff: Nona Snell (786-7153).
Background:
Washington operates on a biennial budget cycle. The Legislature authorizes expenditures for capital needs in the Capital Budget for a two-year period and authorizes bond sales through passage of a bond bill associated with the Capital Budget to fund a portion of these expenditures. The current Capital Budget covers the period from July 1, 2009, through June 30, 2011.
Summary of Bill:
Supplemental Capital Budget appropriations in the amount of $295.7 million are made for the 2009-11 biennium. The Supplemental Capital Budget reduces state general obligation bond appropriations in the amount of $30.5 million. (See Proposed Substitute House Bill 2836 budget summary document.)
Appropriation: The sum of $295.7 million.
Fiscal Note: Not requested.
Effective Date: The bill contains an emergency clause and takes effect immediately.