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DE SB200

DE SB200
A Bond And Capital Improvements Act Of The State Of Delaware And Certain Of Its Authorities For The Fiscal Year Ending June 30, 2026; 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
06/25/2025
In Committee
06/25/2025
Crossed Over
06/30/2025
Passed
07/01/2025
Dead
Signed/Enacted/Adopted
07/01/2025

Introduced Session

153rd General Assembly

Bill Summary

A Bond And Capital Improvements Act Of The State Of Delaware And Certain Of Its Authorities For The Fiscal Year Ending June 30, 2026; 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 2026 Bond and Capital Improvements Act for the State of Delaware. It authorizes the issuance of general obligation bonds totaling $339,145,000 and appropriates funds for various state agencies, departments, and projects. The bill covers a wide range of capital improvements, including school construction and renovations, infrastructure projects, state facility maintenance, housing initiatives, and transportation infrastructure. Key provisions include authorizing bonds for school construction with a state share of $145,226,238 and a local share of $87,115,316, appropriating $368,340,039 in general funds across various state departments, and establishing funding for specific initiatives like the Delaware Workforce Housing Program, Urban Redevelopment, and School Safety and Security. The bill also includes provisions for project oversight, community workforce agreements, and special fund transfers. It outlines detailed funding allocations for school districts, state agencies, and specific capital improvement projects, with a focus on maintaining and improving state infrastructure, educational facilities, and public services.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

Signed by Governor (on 07/01/2025)

bill text


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