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DE SB20
Bill
Status
1/24/2019
Primary Sponsor
David McBride
Click for details
AI Summary
SB20 - FY 2020 Bond and Capital Improvements Act
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Authorizes issuance of $227.85 million in general obligation bonds and $26.74 million in Delaware Transportation Authority revenue bonds for state capital projects in fiscal year 2020.
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Appropriates $95.03 million in general funds and $332.93 million from the Transportation Trust Fund for capital improvements across multiple state agencies and departments.
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Funds major education projects totaling $137.5 million including school renovations and construction in multiple districts, plus $17.5 million for Delaware State Housing Authority affordable housing programs.
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Establishes procedures for project management, including quarterly reporting requirements, construction oversight by an Appeals Board, and design-build contract authorization for select projects.
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Authorizes transportation infrastructure investments of $563 million including road system improvements, bridge preservation, transit facilities, and support systems, with specific allocations for community transportation fund and municipal street aid.
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, 2020; 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 Limitations For The Expenditure Of Such Funds; And Amending Certain Statutory Provisions.
Last Action
Introduced and Assigned to Capital Improvement Committee in Senate
1/24/2019