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HI SB1298
Bill
AI Summary
- Requires projected operating costs for all capital improvements to be included in the six-year program and financial plan
- Addresses the lack of operating cost information in capital improvement project proposals that currently affects legislative decision-making
- Aims to improve financial planning and stewardship of state funds by providing comprehensive cost data
- Committee on Ways and Means recommends passage, noting that operating costs are critical information missing from many capital projects
- Department of Budget and Finance provided comments during committee review
Legislative Description
Six-Year Program and Financial Plan; Operating Costs for Capital Improvements
Last Action
Conference committee meeting to reconvene on 04-25-13 3:00PM in conference room 309.
4/23/2013
Committee Referrals
Finance3/7/2013
Ways and Means1/28/2013
Full Bill Text
No bill text available