A BOND AND CAPITAL IMPROVEMENTS ACT OF THE STATE OF DELAWARE AND CERTAIN OF ITS AUTHORITIES FOR THE FISCAL YEAR ENDING JUNE 30, 2027; AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE; APPROPRIATING FUNDS FROM THE TRANSPORTATION TRUST FUND; AUTHORIZING THE ISSUANCE OF REVENUE BONDS OF THE DELAWARE TRANSPORTATION AUTHORITY; APPROPRIATING SPECIAL FUNDS OF THE DELAWARE TRANSPORTATION AUTHORITY; APPROPRIATING GENERAL FUNDS OF THE STATE; REPROGRAMMING CERTAIN FUNDS OF THE STATE; SPECIFYING CERTAIN PROCEDURES, CONDITIONS AND LIMITATIONS FOR THE EXPENDITURE OF SUCH FUNDS; AND AMENDING CERTAIN STATUTORY PROVISIONS.

HB 275, the Fiscal Year 2027 Bond and Capital Improvements Act, authorizes Delaware to issue general obligation bonds and revenue bonds for transportation projects, appropriating funds from the Transportation Trust Fund and other state sources. It directs funding for infrastructure improvements across state authorities, including the Delaware Transportation Authority, for the fiscal year ending June 30, 2027. The bill specifies procedures and limits for spending these funds while amending related statutes to support capital projects. It does not create new policies but enables funding mechanisms for existing infrastructure needs. (Note: As a funding bill, it affects state budget allocation, not direct citizen regulations.)