Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House committee approves $1.3 billion capital outlay substitute, members seek details on a $15 million hospital purchase
Summary
The House committee approved the Senate Finance Committee substitute for Senate Bill 240, which would appropriate $1.3 billion for capital projects statewide, on a 9-3 vote; several members pressed for details about a $15 million facility purchase in San Miguel County and requested the governor's office clarify intent before floor action.
The House committee voted to advance the Senate Finance Committee substitute for Senate Bill 240, approving the measure on a 9-3 roll call after members debated funding priorities and pressed for more information on several specific projects.
The substitute "appropriates $1,300,000,000 to capital projects statewide," the committee chair said, outlining the bill's financing: $525 million in projects prioritized by House and Senate members and the governor; $445 million from the general fund; $444 million in severance tax bonds; and $280 million in supplemental severance tax bonds. The chair said Senate floor amendments corrected drafting errors and clarified sponsors' intent so grantees would not face delays.
Members discussed how the package balances cash and bond financing. Cali Farswell, introduced as an expert on…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat