Bill > HB1331

This bill establishes the Capital Budget Project Itemization Act of 2025-2026, which authorizes the Commonwealth of Pennsylvania to incur debt for various capital improvement projects across multiple categories and state agencies. The bill outlines total authorizations for six main project categories: public improvements ($22,525,410,000), furniture and equipment ($654,994,000), transportation assistance ($1,884,350,000), redevelopment assistance ($13,034,265,000), flood control ($109,900,000), and Pennsylvania Fish and Boat Commission projects ($208,900,000). These authorizations will fund a wide range of projects including state park improvements, university campus renovations, transportation infrastructure, economic development initiatives, dam rehabilitation, and facility upgrades across numerous counties. The bill allows the Governor, Auditor General, and State Treasurer to borrow money to finance these projects, with a maximum debt term of 30 years. The estimated useful life of projects varies by category, ranging from 10 years for furniture and equipment to 30 years for public improvements and redevelopment assistance projects. The net proceeds from bond sales will be appropriated to the relevant state departments to cover project costs, and federal funds received for these projects are also authorized for use.

Budget and Finance

https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=H&type=B&bn=1331