The bill appropriates a total of $111,965,288.44 for various state projects in Vermont for the fiscal years 2026 and 2027, with a maximum of $61,969,761.44 allocated in the first year. It emphasizes adherence to Capital Construction and State Bonding guidelines for any amendments in the second year and allows for capital budget adjustments. Key allocations include funding for statewide major maintenance, HVAC upgrades at correctional facilities, and clean water implementation projects. The bill also provides flexibility in funding management by allowing the transfer of unexpended project balances within certain appropriations.

Additionally, the bill authorizes the issuance of general obligation bonds to support these appropriations and includes specific projects such as renovations at courthouses and infrastructure improvements for housing development. It allocates funds for upgrading the Walleye rearing infrastructure and supports the Vermont Rural Fire Protection Task Force's dry hydrant program. The bill amends existing laws related to the capital budgeting process, extending the encumbrance period for funds and requiring reports on the Cash Fund for Capital and Essential Investments. It also includes provisions for quarterly updates on flood recovery efforts and appropriates $100,000 for specific projects at the State House, with the act taking effect upon passage.

Statutes affected:
As Introduced: 32-701a, 32-310, 32-1001b
As Passed By the House -- Official: 32-701a, 32-310, 32-1001b
As Passed By the House -- Unofficial: 32-701a, 32-310, 32-1001b
As Passed by Both House and Senate -- Official: 32-701a, 32-310, 32-1001b
As Passed by Both House and Senate -- Unofficial: 32-701a, 32-310, 32-1001b
As Enacted: 32-701a, 32-310, 32-1001b