An Act providing for the capital budget for fiscal year 2025-2026; itemizing public improvement projects, furniture and equipment projects, transportation assistance, redevelopment assistance projects, flood control projects and Pennsylvania Fish and Boat Commission projects leased or assisted by the Department of General Services and other State agencies, together with their estimated financial costs; authorizing the incurring of debt without the approval of the electors for the purpose of financing the projects to be constructed, acquired or assisted by the Department of General Services and other State agencies; authorizing the use of current revenue for the purpose of financing the projects to be constructed, acquired or assisted by the Department of General Services and other State agencies stating the estimated useful life of the projects; and making appropriations.
SB 292 is Pennsylvania's capital budget for fiscal year 2025-2026, authorizing $21.48 billion in debt financing for specific public projects across state agencies. It directly affects state agencies like the Department of Agriculture (funding a $30 million Penn State plant science facility) and the Department of Conservation (allocating $14 million for Point State Park improvements), as well as taxpayers who will fund the debt. The bill itemizes all projects with estimated costs, authorizes borrowing without voter approval for most projects, and specifies that some projects may use current revenue instead of debt. It does not create new policy but formally allocates funds for existing infrastructure and improvement plans.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2025
Last action Feb 26, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Feb 26, 2025
Committee
Referred to Appropriations
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Vincent Hughes
DDemocratic
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