The Capital Budget Act of 2025-2026 establishes the maximum principal amount of additional debt that the Commonwealth of Pennsylvania may incur for various capital projects during the fiscal year 2025-2026. The total amount of debt authorized for these projects is set at $1,570,000,000, which is allocated across several categories: $1,100,000,000 for public improvement projects (including buildings and structures), $20,000,000 for furniture and equipment, $100,000,000 for transportation assistance projects, $350,000,000 for redevelopment assistance projects, and no funding for flood control projects.

This act specifies that the repayment of the incurred debt will be charged to the General Fund or Special Fund as applicable, depending on the category of the project. The act takes effect immediately upon enactment, ensuring that the funding can be utilized promptly for the designated capital projects.