SENATE BILL REPORT
SB 5035
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. |
As of April 1, 2013
Title: An act relating to the capital budget.
Brief Description: Adopting the 2013-2015 capital budget.
Sponsors: Senators Honeyford, Nelson and Shin; by request of Governor Gregoire.
Brief History:
Committee Activity: Ways & Means: 4/10/13.
SENATE COMMITTEE ON WAYS & MEANS |
Staff: Brian Sims (786-7431)
Background: The programs and agencies of state government are funded on a two-year basis, with each fiscal biennium beginning on July 1 of odd-numbered years. The Capital Budget generally includes appropriations for the acquisition, construction, and repair of capital assets such as land, buildings, and other infrastructure improvements. Funding for the Capital Budget is primarily from state general obligation bonds, with other funding derived from various dedicated taxes, fees, and state trust land revenues.
Summary of Bill: The Omnibus 2013-15 Capital Budget authorizes new capital projects for state agencies and institutions of higher education for the 2013-15 fiscal biennium. For additional information, see the Capital Budget Summary published by the Senate Ways & Means Committee. Detailed information can be found at http://www.leg.wa.gov/Senate/Committees/WM.
Appropriation: Yes.
Fiscal Note: Not requested.
Committee/Commission/Task Force Created: No.
Effective Date: The bill contains an emergency clause and takes effect immediately.