Bill > H0494

This bill establishes a comprehensive capital construction and state bonding plan for fiscal years 2026 and 2027, appropriating approximately $111.9 million for various infrastructure and improvement projects across Vermont's state agencies and institutions. The bill allocates funds for major maintenance, renovations, and specific projects in areas including state buildings, human services, correctional facilities, historic preservation, grant programs, higher education institutions, natural resources, clean water initiatives, military facilities, agriculture, public safety, judiciary, veterans' services, and more. Key provisions include authorizing the State Treasurer to issue general obligation bonds totaling $106.9 million, with a specific intent to distribute approximately $61.9 million in the first year of the biennium and the remainder in the second year. The bill also modifies several existing statutes related to capital budget reporting and spending, extends the encumbrance period for certain infrastructure funds from two to three years, and includes specific provisions for property transfers and project management. The legislation aims to support critical infrastructure improvements, maintenance, and strategic investments across multiple sectors of Vermont's state government and public facilities.

Budget and Finance, Government Affairs

Corrections and Institutions (H)

https://legislature.vermont.gov/bill/status/2026/H.494