H.952 is a legislative bill that revises Vermont's capital construction and State bonding budget for fiscal years 2026 and 2027, increasing the total authorized amount from $111,965,288.44 to $122,695,774.67. The bill outlines specific appropriations, including a decrease in funding for statewide stormwater compliance from $1,500,000 to $1,100,000, while increasing major maintenance funding from $8,500,000 to $9,013,413.18. New allocations include $1,300,000 for upgrades to the State House entryway and $1,250,000 for improvements to the sewage system and elevator at the Vermont Veterans Home. The bill also reallocates funds from previous appropriations to support new projects, such as $1,500,000 for the design and construction of the American unit at the Vermont Veterans Home, and introduces funding for clean water initiatives.

In addition to budget adjustments, H.952 amends various sections of Vermont law, particularly concerning loan agreements through the Vermont Economic Development Authority (VEDA) and provisions related to historic preservation and state parks. A key change allows VEDA to offer loans for up to 30 years, with specific conditions, and introduces a provision for privately owned nonprofit community water systems to qualify for a 40-year loan term at a capped interest rate if they serve disadvantaged municipalities or mobile home parks. The bill also authorizes the Commissioner of Forests, Parks and Recreation to lease a structure at Little River State Park to the Vermont Huts Association and permits the transfer of part of the Southern State Correctional Facility property to the Town of Springfield for municipal use. Additionally, it mandates reporting on the Green Mountain Youth Campus development and requires monthly updates on Wi-Fi installation in state correctional facilities. The act will take effect upon passage.

Statutes affected:
As Introduced: 24-4752, 24-4771, 22-725
As Passed By the House -- Official: 24-4752, 24-4771, 22-725
As Passed By the House -- Unofficial: 24-4752, 24-4771, 22-725