CAPITAL OUTLAY PROJECTS

Summary

The bill lets the state board of finance sell severance‑tax bonds to fund capital outlay projects and also makes appropriations from the general fund and other state funds. It requires agencies to certify need for the money, limits how the funds can be spent, and forces any unspent balances to revert to the appropriate fund by set dates. The measures aim to ensure projects move quickly, use money efficiently, and return unused dollars to the state treasury.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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