AK HB54

Total capital budget of $2.74 billion for FY2026, with $269.9 million from unrestricted general funds and $2.22 billion from federal receipts

Department of Transportation receives the largest allocation at $1.82 billion, including $850.8 million for the Surface Transportation Program, $513.6 million for Airport Improvement Program, and $139.3 million for rural ferry grants including the M/V Tustumena replacement vessel

Village Safe Water and Wastewater Infrastructure Projects receive $437.9 million; Alaska Energy Authority receives $84.6 million across multiple energy programs including $42.5 million for Solar for All and $6.5 million for Bradley Lake Hydro Power

University of Alaska receives $137 million including $85.3 million for UAF Seward Marine Center infrastructure and $35.8 million for UAA Alaska Leaders Archives library renovation

Reappropriates unexpended funds from prior years: $234,500 to Alaska Energy Authority electrical emergencies, $4 million to McLaughlin Youth Center remodel, and up to $450,000 for Rabinowitz Courthouse communication equipment