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Senate Institutions Committee reviews two‑year $100 million capital bill; JFO outlines cash fund, grants and reallocations
Summary
Scott Moore of the Joint Fiscal Office briefed the Senate Committee on Institutions on the proposed two‑year capital bill, describing a $100 million bonding plan ($50M/yr), the cash fund’s role for planning, key program allocations and next steps including a JFO cash‑fund report.
Madam Chair convened the Senate Committee on Institutions on Jan. 9, 2026, saying the committee would "have an overview of the capital bill." Scott Moore of the Joint Fiscal Office told the committee the proposal is a two‑year capital bill and that "we have a $100,000,000 to spend on capital bonding," split as $50,000,000 in each year of the biennium.
Moore said the bill combines bonded and cash funding and reiterated that the bill language, not the spreadsheet, is the legal authority. He explained the committee uses a spreadsheet to track line items and sections, with column headings for last year’s amounts, the governor’s FY27 recommendations and the Senate’s proposed changes. Moore described the cash fund as intended to pay for smaller,…
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