HB 71 Summary

• Appropriates $1,341,868,610 for capital projects and grants across multiple state agencies for fiscal year ending June 30, 2016, funded through general funds, federal receipts, and other sources.

• Major allocations include $1,194,371,105 to Department of Transportation/Public Facilities for airports, highways, and marine systems; $155,400,000 for statewide federal programs; and $137,047,105 for airport improvements.

• Provides significant funding for water/wastewater infrastructure ($51,500,000), school construction in Kivalina ($4,600,400), and military facilities projects ($26,772,200).

• Includes conditional appropriations for federal receipts and program receipts that exceed appropriated amounts, with automatic reductions if receipts fall short of expected amounts.

• Takes effect July 1, 2015, with capital project appropriations lapsing under standard provisions unless otherwise noted.