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House Finance trying to finish work on state capital budget as session nears scheduled end

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JUNEAU, Alaska — The House Finance Committee is trying to complete its work on the capital budget.

Co-chair Bill Stoltze apologized for the amped-up schedule; some members had hoped to attend Easter services. Sunday marks the end of the scheduled 90-day session, and lawmakers were pushing to wrap up a budget that still had to be voted on.

The draft retains Senate funding to complete the state library, archives and museum building in Juneau and engineering building at the University of Alaska Anchorage. It sticks with the Senate's proposed approach for a new power plant at the University of Alaska Fairbanks.

The draft also reflects the proposed draw of $3 billion from the constitutional budget reserve to address the state's pension obligation. Such a draw would need a three-fourths vote of each chamber.

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