SB 138 Summary

• Appropriates $1,550,325,314 total for capital projects, supplemental capital projects, and operating expenditures across multiple state agencies and departments.

• Funds major infrastructure projects including $258,386,250 for airport improvements, $888,200,000 for surface transportation programs, and $64,830,000 for village safe water and wastewater infrastructure.

• Allocates $1.2 billion in federal receipts to match federal transportation funding and support multiple state programs including education, environmental conservation, and health services.

• Establishes fund capitalization of $4,100,000 to the Alaska liquefied natural gas project fund and $26,000,000 transfer from the in-state natural gas pipeline fund.

• Contains conditional provisions requiring three-fourths legislative approval for certain appropriations and contingencies tied to passage of other bills on probation incentives, Medicaid reform, and oil and gas tax amendments.