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DE HB325
Bill
Status
1/25/2018
Primary Sponsor
Peter Schwartzkopf
Click for details
AI Summary
HB 325 - FY 2019 Bond and Capital Improvements Act
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Authorizes $215.6 billion in general obligation bonds and $26.7 million in Delaware Transportation Authority revenue bonds for state capital projects during fiscal year 2019.
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Appropriates $100.4 million in general funds and $1.9 million in special funds from the Escheat settlement to various state departments and agencies for capital improvements and maintenance projects.
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Allocates $320.9 million from the Transportation Trust Fund for road systems, transit infrastructure, bridges, and support programs including $215.5 million for road system improvements and $30 million for transit systems.
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Establishes capital project funding for education ($135.6 million), natural resources ($21.8 million), health services ($7.8 million), and state universities ($19.5 million) with specific conditions and oversight requirements.
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Includes numerous administrative provisions governing construction management, design-build contracts, project transfers between school districts, and reporting requirements for state agencies and school districts receiving capital funds.
Legislative Description
A Bond And Capital Improvements Act Of The State Of Delaware And Certain Of Its Authorities For The Fiscal Year Ending June 30, 2019; Authorizing The Issuance Of General Obligation Bonds Of The State; Appropriating Funds From The Transportation Trust Fund; Authorizing The Issuance Of Revenue Bonds Of The Delaware Transportation Authority; Appropriating Special Funds Of The Delaware Transportation Authority; Appropriating General Funds And Special Funds Of The State; Reprogramming Certain Funds Of The State; Specifying Certain Procedures, Conditions And Imitations For The Expenditure Of Such Funds; And Amending Certain Statutory Provisions.
Last Action
Introduced in House and Assigned to Capital Infrastructure Committee
1/25/2018