Budget & Taxes (Debt & Bonds)

HB 500 authorizes the State of Delaware and its transportation authorities to issue bonds and allocate funds for capital projects in fiscal year 2027. The bill allows the state to sell general obligation bonds and the Delaware Transportation Authority to sell revenue bonds to finance infrastructure improvements. It also sets specific rules for how these funds can be spent and reprograms existing money within the state's transportation trust fund. This legislation directly impacts the state's budget and the funding available for transportation construction and upgrades.

HB 275, the Fiscal Year 2027 Bond and Capital Improvements Act, authorizes Delaware to issue general obligation bonds and revenue bonds for transportation projects, appropriating funds from the Transportation Trust Fund and other state sources. It directs funding for infrastructure improvements across state authorities, including the Delaware Transportation Authority, for the fiscal year ending June 30, 2027. The bill specifies procedures and limits for spending these funds while amending related statutes to support capital projects. It does not create new policies but enables funding mechanisms for existing infrastructure needs. (Note: As a funding bill, it affects state budget allocation, not direct citizen regulations.)

SB 200 authorizes Delaware to issue general obligation bonds and revenue bonds for state capital projects during the 2025-2026 fiscal year. It appropriates funds from the Transportation Trust Fund, Delaware Transportation Authority's special funds, and general state funds, while also allowing for the reallocation of existing state funds. The bill specifies how these funds can be spent, including for transportation infrastructure and other state capital improvements. This funding package directly affects Delaware state agencies and projects funded through these bond issuances and appropriations.