FIFTY-SEVENTH LEGISLATURESB 2/a

SECOND SESSION, 2026


January 21, 2026


Mr. President:


    Your FINANCE COMMITTEE, to whom has been referred


SENATE BILL 2


has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:


1. On page 23, between lines 22 and 23, insert:


"F. Beginning on January 1, 2027, for bonds issued pursuant to Subsection E of this section, the department shall provide the legislature with a list of the proposed bond sales for that calendar year no later than the first day of the regular session for that year. The list shall include:


(1) for each project, the cost, readiness and funding secured to date; and


(2) up to three contingency projects identified pursuant to Subsection E of this section that could replace a proposed project in the event of an unforeseen circumstance that would delay the bond sale on that project. The department shall report to the legislature, or the legislative finance committee if the legislature is not in session, within two weeks of determining that a contingency project will replace the proposed project.".


     2. Reletter the succeeding subsections accordingly.



                                      Respectfully submitted,



 

______________________________

                                      Senator George Muñoz, Chair




Adopted_______________________ Not Adopted_______________________

          (Chief Clerk) (Chief Clerk)



                  Date ________________________



The roll call vote was 8 For 2 Against

Yes:      Campos, Gonzales, Muñoz, Padilla, Shendo, Steinborn, Tobiassen, Woods

No:       Brandt, Lanier

Excused:  Trujillo

Absent:   None



SB0002FC1.wpd                                              .233264.2