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DE SB160

DE SB160
A Bond And Capital Improvements Act Of The State Of Delaware And Certain Of Its Authorities For The Fiscal Year Ending June 30, 2024; 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 Of The State; Reprogramming Certain Funds Of The State; Speci


summary

Introduced
06/23/2023
In Committee
Crossed Over
06/28/2023
Passed
06/30/2023
Dead
Signed/Enacted/Adopted
06/30/2023

Introduced Session

152nd General Assembly

Bill Summary

JUNE 23, 2023 A BOND AND CAPITAL IMPROVEMENTS ACT OF THE STATE OF DELAWARE AND CERTAIN OF ITS AUTHORITIES FOR THE FISCAL YEAR ENDING JUNE 30, 2024; 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 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.

AI Summary

This bill is the Fiscal Year 2024 Bond and Capital Improvements Act for the State of Delaware. It authorizes the issuance of general obligation bonds and revenue bonds by the state to fund various capital projects and programs across different state agencies and departments. The key provisions include: - Appropriating over $1.4 billion for capital projects and programs, including funding for state facilities, judicial facilities, transportation infrastructure, environmental initiatives, public safety, higher education, and K-12 education. - Authorizing the issuance of up to $253.9 million in general obligation bonds and $26.7 million in revenue bonds to fund a portion of the capital projects. - Establishing a Community Workforce Agreement pilot program for certain Office of Management and Budget projects to promote local hiring and workforce development. - Creating a Legislative Building Committee to oversee the design, construction, and furnishing of an addition to and parking garage for Legislative Hall. - Providing flexibility for the Department of Transportation to use alternative project delivery methods like Construction Manager/General Contractor procurement. - Directing certain funds to initiatives like the Subdivision Street Pavement Management Fund, Community Transportation Fund, and Clean Water State Revolving Fund. - Requiring the installation of water bottle filling stations in new and renovated public school buildings. The bill aims to invest in Delaware's infrastructure, facilities, and community development while addressing operational needs and market pressures across state government.

Sponsors (12)

Last Action

Signed by Governor (on 06/30/2023)

bill text


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