The bill concerning the capital budget focuses on allocating funds for long-term investments in physical assets like infrastructure, construction projects, and equipment. It aims to outline how government funds will be used for these capital expenditures. The main provisions include setting aside specific amounts of money for various projects, detailing the funding sources, and establishing guidelines for prioritizing and approving capital investments. This bill can have a significant impact on public infrastructure development and economic growth by ensuring proper allocation of resources towards essential long-term projects.
2023-01-05: Prefiled for introduction.
2023-01-09: First reading, referred to Capital Budget.
2023-01-12: Public hearing in the House Committee on Capital Budget at 1:30 PM.
2023-03-28: Public hearing in the House Committee on Capital Budget at 8:00 AM.
2023-03-30: Executive action taken in the House Committee on Capital Budget at 9:00 AM.
2023-03-30: CB - Majority; 1st substitute bill be substituted, do pass.
2023-04-03: Referred to Rules 2 Review.
2024-01-08: By resolution, reintroduced and retained in present status.
2024-01-08: House Rules "X" file.
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