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AK SB187
Bill
AI Summary
SB187(FIN) am - Capital and Supplemental Appropriations Summary
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Appropriates $3,406,932,294 in capital projects and grants from general and other funds for fiscal year 2025, with approximately 85% funded by federal receipts ($2.9 billion).
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Allocates major funding toward transportation ($1.65 billion), broadband infrastructure ($1.01 billion), water and wastewater projects ($265 million), and energy projects ($75+ million).
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Reappropriates $452,098,884 in supplemental funds for deferred maintenance, repairs, facility upgrades, and equipment replacement across state agencies.
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Authorizes reappropriations of unobligated balances from prior appropriations for specific projects including Alaska Pioneers' Homes maintenance, transportation emergency repairs, and legislative facility improvements.
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Takes effect July 1, 2024, with certain sections retroactive to May 15, 2024 or effective June 30, 2024.
Legislative Description
Approp: Cap; Reapprop; Supp
Education
Last Action
REFERRED TO FINANCE
4/15/2024