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State Historical Society says private fundraising advancing for $78M military gallery; line of credit to be spent by April 2026

Budget Section (Legislative) · December 10, 2025
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Summary

Bill Peterson said the $78 million military gallery project has raised $9.2 million in pledges so far; a $20 million line of credit is expected to be expended by April 2026 and SIF access requires 33% private fundraising verification.

Bill Peterson, director of the State Historical Society, briefed the Budget Section on the military gallery portion of the museum project, a $78,000,000 effort funded by legislative appropriations and private donations.

Peterson said legislative…

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