Alaska House passes funded capital budget
— The Alaska House has passed a fully funded capital budget, a critical remaining piece in the special session.
Monday’s vote was the House’s third try this special session to pass a fully funded capital budget, which relies on funding from the constitutional budget reserve fund. That fund required 30 votes in the House to tap. The vote was 31-7.
Supporters of the bill had fallen one vote short of the threshold in the prior effort to pass a funded budget.
The bill also includes language intended to prevent various accounts, including those used for rural energy costs and student scholarships, from being swept into the reserve fund to help repay money that’s been taken from it.