An Act providing for the capital budget for fiscal year 2026-2027.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
Senate Bill 1173 outlines the capital budget for Pennsylvania for the 2026-2027 fiscal year. It establishes limits on how much additional debt the state can take on to fund various capital projects. The bill specifies maximum amounts that can be borrowed for categories like public improvement projects, transportation assistance, and redevelopment initiatives. These funds will be drawn from the General Fund or designated Special Funds.
Key provisions
- Sets debt limits for capital projects.
- Allocates funding categories: Public Improvement Projects, Furniture and Equipment, Transportation Assistance, Redevelopment Assistance, and Flood Control.
- Specifies maximum borrowing amounts for each category.
- Identifies the funds that will repay the debt (primarily the General Fund and Special Funds).
- Establishes a total debt limit of $1,645,000,000 for the fiscal year.
- Provides for the act to take effect immediately.
Who is affected
- Pennsylvania State Government
- General Fund
- Special Funds
- State Agencies involved in capital projects
- Taxpayers (through potential debt repayment)
Fiscal impact
The bill authorizes the state to incur up to $1,645,000,000 in additional debt for capital projects, drawing from the General Fund and Special Funds.
Bill text
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Document of record
- Version
- Pn 1454 Html
- Published
- Not published in the source record
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Sponsors
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1 on record
Primary sponsor
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