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 House
- Passed Senate
- To Governor
- Became Law
Overview
This bill establishes the capital budget for Pennsylvania for the 2026-2027 fiscal year. It sets limits on the amount of additional debt the state can incur to finance capital projects. The budget allocates funds across various categories, including public improvement projects, furniture and equipment, transportation assistance, and redevelopment projects. It specifies the funds that will be used to repay the debt associated with these projects.
Key provisions
- Sets a total debt limit of $1,645,000,000 for the 2026-2027 fiscal year.
- Allocates funds to different capital project categories: buildings/structures, furniture/equipment, transportation, and redevelopment.
- Specifies the maximum debt for each category of capital projects.
- Designates the General Fund or Special Fund as the source for repaying the debt.
- Establishes a debt limit for future capital budgets until the 2027-2028 budget is enacted.
- Provides for the designation of the Capital Budget Act of 2026-2027.
- Sets an effective date of immediately.
Who is affected
- Pennsylvania State Government
- State Agencies
- Taxpayers
- Construction Industry
- Local Governments (potentially, depending on project scope)
Notable changes
- Defines the specific allocation of funds for capital projects within the 2026-2027 fiscal year.
Bill text
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Document of record
- Version
- Pn 3077 Html
- Published
- Not published in the source record
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
G. Roni Green
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