District of ColumbiaD.C. declares an emergency to speed a capital borrowing vote
The Council declares an emergency so a separate resolution approving borrowing for D.C.’s fiscal year 2027 capital projects can pass after one reading.
What it does
The Council declares an emergency to move a separate approval resolution for up to $2.03 billion in D.C. capital-project borrowing through one reading.
Argument forA quicker approval vote could help D.C. borrow when market conditions are favorable to fund approved capital projects.
Argument againstA single reading could give residents fewer chances to weigh in before the Council approves a large borrowing plan.
More detail
The Council declares that an emergency requires a separate borrowing approval resolution to be adopted after one reading. The borrowing plan covers up to $2,032,320,519 in bonds and short-term borrowing notes. The planned borrowing would fund approved fiscal year 2027 capital projects or repay D.C. for money already spent on them. This declaration does not itself approve the borrowing. The emergency declaration takes effect immediately.
Where do you stand?
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Oct 9Resolution R26-0509, Effective from Sep 22, 2026 Published in DC Register Vol 73 and Page 012977Latest
- Sep 22Approved with Resolution Number R26-0509Major
- Vote recorded Final Reading. Result: pass.Legislature
- Sep 22Final ReadingMinor
- Sep 22Retained by the Council with comments from the Committee of the WholeMinor
- Sep 16PR26-0802 Introduced by Chairman Mendelson at Office of the SecretaryIntroduced
Taxes & BudgetGovernment & Ethics