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AK SB187

Bill

Status

Engrossed

4/12/2024

Primary Sponsor

Rules

Click for details

Origin

Senate

33rd Legislature

AI Summary

SB187(FIN) am - Capital and Supplemental Appropriations Summary

  • 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).

  • Allocates major funding toward transportation ($1.65 billion), broadband infrastructure ($1.01 billion), water and wastewater projects ($265 million), and energy projects ($75+ million).

  • Reappropriates $452,098,884 in supplemental funds for deferred maintenance, repairs, facility upgrades, and equipment replacement across state agencies.

  • Authorizes reappropriations of unobligated balances from prior appropriations for specific projects including Alaska Pioneers' Homes maintenance, transportation emergency repairs, and legislative facility improvements.

  • 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

Committee Referrals

Finance4/15/2024
Finance1/16/2024

Full Bill Text

No bill text available