2025-01-22                     House Journal                      Page 0046
HB 54                                                                                                                         
HOUSE BILL NO. 54 by the House Rules Committee by request of                                                                    
the Governor, entitled:                                                                                                         
                                                                                                                                
     "An Act making appropriations, including capital appropriations                                                            
     and other appropriations; making reappropriations; making                                                                  
     appropriations to capitalize funds; and providing for an effective                                                         
     date."                                                                                                                     
                                                                                                                                
was read the first time and referred to the Finance Committee.                                                                  
                                                                                                                                
The Governor's transmittal letter dated January 20 follows:                                                                     
                                                                                                                                
"Dear Speaker-Elect Edgmon:                                                                                                     
                                                                                                                                
Under the authority of Article III, Section 18 of the Alaska                                                                    
Constitution, I am transmitting a bill relating to appropriations for the                                                       
State’s capital budget for Fiscal Year (FY) 2026.                                                                               
                                                                                                                                
This appropriation bill totals $2.8 billion and includes $282.4 million                                                         
in unrestricted general funds, $55.9 million in designated general                                                              
funds, $215.9 million in other state funds, and $2.2 billion in federal                                                         
funds.                                                                                                                          
                                                                                                                                
The FY 2026 proposed capital budget invests in projects that enhance                                                            
public protection and Alaska’s natural resources, provides matching                                                             
funds for federal surface transportation and aviation, water and                                                                
wastewater programs, and promotes economic development projects                                                                 
across the state to generate economic activity.                                                                                 
                                                                                                                                
I look forward to working with the Legislature on the timely passage                                                            
and implementation of the FY 2026 capital budget.                                                                               
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Mike Dunleavy                                                                                                                   
Governor"