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Senate Institutions reviews capital-budget adjustments, reallocations increase available funds by nearly $10 million
Summary
Senate Institutions received a line‑by‑line walkthrough of the Capital Budget Adjustment Act: bond and cash reallocations boost available capital from reallocations and reversions, the bill specifies $10 million in clean‑water project allocations, and the total reallocation pool rises substantially under the House changes.
Chair opened the April 15 Senate Institutions session and asked Legislative Council counsel to walk the committee through the Capital Budget Adjustment Act. John Gray of Legislative Council told members the bill largely mirrors the committee spreadsheet and explained the capital bill’s unusual structure as a biennial adjustment act that amends last year’s capital law.
Gray said the bill preserves aggregate totals while showing detailed line items: “the first piece that you’re touching is just the total bond authorization in the act,” he said, and the House language adds a number of reallocations and reversions that increase the pool of funds…
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