Keeping Law SimpleLegislation, clearly explained
Back to Delaware
Delaware2025Passed Legislature

HB500

Delaware Fiscal Year 2027 Bond and Capital Improvements Act

Last scannedAug 24, 2026, 10:01 AM

In one sentence

This law authorizes the State of Delaware to issue bonds and spend money from specific funds for building projects, equipment upgrades, and facility repairs during the fiscal year ending June 30, 2027.

What it does

  • Authorizes the state to sell general obligation bonds to raise money for capital projects.
  • Appropriates funds from the Transportation Trust Fund, special accounts, and general state funds for specific uses.
  • Funds renovations and maintenance for courthouses, correctional facilities, libraries, government buildings, and other state properties.
  • Provides money for technology upgrades including cloud systems, radios, laptops, weapons detection lanes, and fire or shooter detection equipment.
  • Allocates resources to housing programs, research centers, economic development projects, airport improvements, port initiatives, and community transportation.

Who it affects

  • State agencies responsible for judicial services, corrections, health, social services, safety, agriculture, and budget management.
  • The Delaware State Housing Authority and local libraries receiving funding allocations.
  • Residents who use state facilities such as courthouses, correctional institutions, public libraries, airports, and ports.

Limits and unknowns

  • Any money not spent by June 30, 2028 or 2029 may be returned to the state budget unless reauthorized.
  • The Governor issued a line-item veto on July 6, 2026, which removed specific funding amounts from this bill.

Plain language

Terms to know

General Obligation Bonds
Loans issued by the state to raise money for large projects like building renovations or new facilities.
Transportation Trust Fund
A specific account holding money collected from transportation-related sources used for road and transit improvements.
Capital Improvements
Large-scale projects that build, repair, or upgrade physical assets such as buildings, roads, and equipment.

Official record

Sources

Source attached
Official bill pageStored full record

Official summary

A BOND AND CAPITAL IMPROVEMENTS ACT OF THE STATE OF DELAWARE AND CERTAIN OF ITS AUTHORITIES FOR THE FISCAL YEAR ENDING JUNE 30, 2027; AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE; APPROPRIATING FUNDS FROM THE TRANSPORTATION TRUST FUND; AUTHORIZING THE ISSUANCE OF REVENUE BONDS OF THE DELAWARE TRANSPORTATION AUTHORITY; APPROPRIATING SPECIAL FUNDS OF THE DELAWARE TRANSPORTATION AUTHORITY; APPROPRIATING GENERAL FUNDS OF THE STATE; REPROGRAMMING CERTAIN FUNDS OF THE STATE; SPECIFYING CERTAIN PROCEDURES, CONDITIONS AND LIMITATIONS FOR THE EXPENDITURE OF SUCH FUNDS; AND AMENDING CERTAIN STATUTORY PROVISIONS.