Pennsylvania SB291 establishes the capital budget for fiscal year 2025-2026, setting debt limits for various capital projects.
Pennsylvania SB291, known as the Capital Budget Act of 2025-2026, sets the capital budget for the fiscal year 2025-2026. It specifies the maximum principal amount of additional debt for various capital projects, including public improvement projects, furniture and equipment, transportation assistance, redevelopment assistance, and flood control projects. The act also designates the funds responsible for repaying the debt, either the General Fund or a Special Fund as applicable. This act takes effect immediately.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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