HB 325 Summary

• Appropriates $106,320,000 in total capital funding for deferred maintenance projects, equipment replacement, and emergency repairs across state agencies

• Distributes $100,000,000 from General Fund and $6,320,000 from Federal Funds to 15 state departments and the University of Alaska

• Largest allocations include University of Alaska ($37,500,000), Department of Transportation and Public Facilities ($25,000,000), and Department of Military and Veterans Affairs ($10,300,000)

• Appropriations lapse under AS 37.25.020 and take effect immediately upon enactment