CAPITAL PROJECTS BUDGET

New provision authorizes the budget director to withhold appropriated funds if a general fund imbalance is expected in fiscal year 2025-26, allowing the state to preserve cash reserves during budget shortfalls.

The withholding authority includes exemptions for public assistance payments, federal law violations, and debt service obligations that the state is legally required to pay.

Bill version number changed from S. 3004-B to S. 3004-C, and the document now reflects additional committee actions in both the Senate and Assembly.

Capital Projects Funds for the Adirondack Park Agency were reduced from $10,000,000 to $0 in the appropriations table, while the total reappropriated amount increased to $31,500,000.

A new section was added detailing reappropriations for the Adirondack Park Agency, including specific allocations from prior years' laws (2022, 2020, 2012, 2011, and 2010).

The original appropriations section for the Adirondack Park Agency was removed, replacing it with a reappropriations section that tracks existing funds rather than new allocations.

The bill number was updated from S. 3004--A to 3004--B, and the Senate and Assembly status information was reorganized.

Added committee action language indicating the bill was discharged from committee, amended, and recommitted after being read in both chambers.

Adjusted page numbering and formatting throughout the document to reflect the amended version.

Reorganized the presentation of capital projects reappropriations, adding historical funding references from 2022 and 2020 laws.