Finance Committee Releases Version of Capital Project Budget

Dave Donaldson, APRN – Juneau

The legislature at last has a capital projects budget to look at.    The Senate Finance committee released its own version of the plan this afternoon.

Committee Co-chair Bert Stedman described a substitute for the governor’s bill that was introduced at the start of the session.  He compared the plan to last year’s capital budget, which would have spent $3 billion when it passed, and ended up spending $2.75 billion after the governor vetoed parts of it.  He said the current budget spends $2.9 billion – and it saves money, too.

The committee will begin hearing details of the new bill tomorrow.

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