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Bill > HB2402

PA HB2402

PA HB2402
Providing for the capital budget for fiscal year 2026-2027; itemizing public improvement projects, furniture and equipment projects, transportation assistance, flood control projects, Pennsylvania Fish and Boat Commission projects and Manufacturing Fund projects leased or assisted by the Department of General Services and other State agencies, together with their estimated financial costs; authorizing the incurring of debt without the approval of the electors for the purpose of financing the pro

summary

Introduced
03/24/2026
In Committee
03/24/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

Providing for the capital budget for fiscal year 2026-2027; itemizing public improvement projects, furniture and equipment projects, transportation assistance, flood control projects, Pennsylvania Fish and Boat Commission projects and Manufacturing Fund projects leased or assisted by the Department of General Services and other State agencies, together with their estimated financial costs; authorizing the incurring of debt without the approval of the electors for the purpose of financing the projects to be constructed, acquired or assisted by the Department of General Services and other State agencies; authorizing the use of current revenue for the purpose of financing the projects to be constructed, acquired or assisted by the Department of General Services and other State agencies stating the estimated useful life of the projects; and making appropriations.

AI Summary

This bill, known as the Capital Budget Project Itemization Act of 2026-2027, authorizes the state to incur debt to fund a wide array of public improvement projects across various state agencies. The bill itemizes specific projects, including public improvements, furniture and equipment purchases, transportation assistance, flood control measures, and projects for the Pennsylvania Fish and Boat Commission and the Department of Corrections' Manufacturing Fund. The total authorized debt for these projects amounts to over $46 billion, with the largest allocations going towards public improvements and higher education initiatives. The legislation also outlines the estimated useful life of these projects, generally ranging from 10 to 30 years, and specifies that the debt incurred will not exceed these estimated useful lives. Federal funds received for these projects are also appropriated for their intended purposes.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Laid on the table (on 03/25/2026)

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