ENROLLED Page 1 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2012 HOUSE BILL NO. 1212 (Substitute for House Bill No. 935 by Representative St. Germain) BY REPRESENTATIVE ST. GERMAIN AN ACT1 To amend and reenact R.S. 47:481 and R.S. 48:196(A)(introductory paragraph) and to enact2 R.S. 47:820.5.8, Chapter 2 of Subtitle VIII of Title 47 of the Louisiana Revised3 Statutes of 1950, to be comprised of R.S. 47:7011 through 7018, and R.S. 48:954 and4 954.1, relative to the Department of Transportation and Development; to provide for5 an election to determine if tolls are collected on the Crescent City Connection6 Bridge; to provide relative to collection of tolls; to provide relative to the distribution7 of toll collections; to create a fund; to provide for an advisory body; to provide for8 ferry fares; to provide for privatization; to provide for the disposition of certain truck9 and trailer registration and license fees and taxes; to authorize the State Bond10 Commission to issue bonds secured by certain funds; to provide for the use of the11 proceeds of the bonds; to provide for special funds; to provide for certain12 requirements and limitations on the issuance of bonds; to provide for a procedure to13 contest the validity of issuance of the bonds; to provide for the rights of bondholders;14 to authorize the issuance of refunding bonds; to provide certain funds to operate a15 ferry; and to provide for related matters.16 Be it enacted by the Legislature of Louisiana:17 Section 1. R.S. 47:820.5.8 is hereby enacted to read as follows:18 §820.5.8. Toll collection on the Crescent City Connection Bridge; proposition19 A. The governor shall call an election to be held at the same time as the20 statewide election held on November 6, 2012, in the election area to determine21 whether tolls shall be collected beginning on January 1, 2013, and ending on22 ENROLLEDHB NO. 1212 Page 2 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. December 31, 2033, on the Crescent City Connection Bridge, at the rate provided by1 law.2 B. As used in this Section, the following terms shall mean:3 (1) "Crescent City Connection Bridge" collectively shall mean Bridges No.4 1 and No. 2, comprising the Crescent City Connection.5 (2) "Election area" shall mean the parishes of Jefferson, Orleans, and6 Plaquemines.7 C. The ballot for the election shall state as follows:8 "PROPOSITION ON CRESCENT CITY CONNECTION BRIDGE TOLL9 Shall the toll be renewed and collected on the Crescent City Connection10 Bridge at the rate provided by law beginning on January 1, 2013, and ending on11 December 31, 2033, with the toll revenue dedicated solely for the following purposes12 along U.S. 90Z from Interstate 10 to U.S. 90: operations, maintenance, landscaping,13 grass cutting, trash pickup, functional and ornamental lighting, police functions,14 inspections, motorist assistance patrols, and capital projects on the bridges,15 approaches, and roadways and with further authorization for such tolls to be funded16 into revenue bonds for any one or more capital projects?"17 D.(1) If a majority of the qualified electors of the election area voting on the18 proposition approve the proposition, the tolls shall be renewed and collected on the19 Crescent City Connection Bridge, at the rate provided by law, such collection20 beginning on January 1, 2013, and ending on December 31, 2033.21 (2) If a majority of the qualified electors of the election area voting on the22 proposition vote against such proposition, then no such toll shall be renewed and23 collected on the Crescent City Connection Bridge.24 E. The secretary of state shall prepare the ballot for the election.25 F. Except as otherwise provided, the election required pursuant to this26 Section shall be conducted in accordance with the Louisiana Election Code.27 G. Notwithstanding Chapter 8-A of the Louisiana Election Code, the costs28 of the election required pursuant to this Section shall be borne by the state.29 ENROLLEDHB NO. 1212 Page 3 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Section 2. R.S. 47:481 is hereby amended and reenacted and Chapter 2 of Subtitle1 VIII of Title 47 of the Louisiana Revised Statutes of 1950, comprised of R.S. 47:70112 through 7018, is hereby enacted to read as follows:3 §481. Disposition of collections 4 Except as provided in R.S. 47:480, all fees and taxes provided for in this5 Chapter, including the permit fees, shall be paid to the state treasurer on or before the6 tenth day of each month following their collection and shall be credited to the7 account of the Transportation Trust Fund, the State Highway Improvement Fund,8 and state highway fund No. 2, and the Algiers-Canal Street Ferry Fund, as provided9 by law.10 * * *11 CHAPTER 2. CRESCENT CITY CONNECTION BRIDGE12 §7011. Definitions13 As used in this Chapter, the following terms shall mean:14 (1) "Crescent City Connection Bridge" collectively shall mean Bridges No.15 1 and No. 2, comprising the Crescent City Connection.16 (2) "Department" shall mean the Department of Transportation and17 Development.18 (3) "Regional Planning Commission of New Orleans" shall mean the19 regional planning commission for Jefferson, Orleans, Plaquemines, St. Bernard, and20 St. Tammany parishes.21 §7012. Collection of tolls on the Crescent City Connection Bridge22 A. Tolls on the Crescent City Connection Bridge shall be collected until23 December 31, 2033, at the rate in effect as of December 31, 2012. The rates shall24 be twenty cents per axle for toll tag users and fifty cents per axle for cash or credit25 users. Automatic Vehicular Identification tags may be sold to patrons. All toll26 revenue collected pursuant to this Section shall be deposited into the Crescent City27 Connection Toll Fund provided for in this Chapter and used for the sole purposes28 described therein.29 ENROLLEDHB NO. 1212 Page 4 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. B. The Department of Transportation and Development shall collect the tolls1 and issue Automatic Vehicular Identification tags authorized by this Section if and2 until such time such collection of tolls and issuance of tags is transferred or3 contracted out to another entity.4 §7013. Crescent City Connection toll violations5 A. The Department of Transportation and Development may adopt such6 rules and regulations for the method of taking tolls and enforcing violations in7 accordance with the provisions of the Administrative Procedure Act.8 B. Definitions of terms included in R.S. 32:1 apply to terms used in this9 Chapter which are not specifically defined in this Subsection. As used in this10 Section, unless the context otherwise indicates, the following terms shall have the11 following meanings:12 (1) "Electronic toll collection" or "ETC" means a system of collecting tolls13 or charges that is capable of charging an account holder for the appropriate toll by14 transmission of information between a device on a motor vehicle and a toll collection15 facility.16 (2) "Pay" means paying a toll by cash, by permitting a charge against a valid17 toll tag account, or by another means of payment approved by the department as18 applicable at the time.19 (3) "Photo-monitoring system" means a motor vehicle sensor installed to20 work in conjunction with a toll collection facility that automatically produces a21 photograph, microphotograph, videotape, or other recorded image of a motor vehicle22 or trailer when the operator of the motor vehicle or trailer fails to pay a toll.23 (4) "Registered owner" means a person in whose name a motor vehicle or24 trailer is registered under the law of a jurisdiction, including a person issued a dealer25 or transporter registration plate or a lessor of motor vehicles or trailers for public26 lease.27 (5) "Toll" or "tolls" means tolls or charges prescribed by law for passage28 over the Crescent City Connection Bridge.29 ENROLLEDHB NO. 1212 Page 5 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. (6) "Toll tag" means the electronic device issued for use with the ETC on the1 Crescent City Connection Bridge.2 (7) "Valid toll tag account" means an existing toll tag account with a balance3 of not less than the minimum toll required for the vehicle.4 C. No motor vehicle shall be driven and no motor vehicle or trailer shall be5 towed through a toll collection facility on the Crescent City Connection without6 payment of the proper toll. In the event of nonpayment of the proper toll, as7 evidenced by video or electronic recording, the registered owner of such vehicle or8 trailer shall be liable to make prompt payment of the proper toll and, in certain9 circumstances, an administrative fee of twenty-five dollars to recover the cost of10 collecting the toll.11 D. A motor vehicle that is not toll-tag equipped may not pass through a12 dedicated toll-tag lane. A toll-tag equipped motor vehicle that passes through any13 toll lane incurs a toll, and the account holder shall pay the appropriate toll. Valid toll14 tag accounts shall not be charged the administrative fee of twenty-five dollars.15 E. The registered owner is prima facie responsible for the payment of the16 tolls, administrative fees, and late charges assessed in accordance with this Section,17 and it is not a defense to liability under this Section that a registered owner was not18 operating the motor vehicle at the time of the failure to pay. However, if a report19 that the motor vehicle or trailer was stolen is given to a law enforcement officer or20 agency before the failure to pay a toll due pursuant to this Chapter occurs or within21 forty-eight hours after the registered owner becomes aware of the theft, the registered22 owner shall not be liable under this Section.23 F. The following procedures shall be taken for the collection of tolls,24 administrative fees, and late charges under this Section:25 (1) A violation notice shall be sent by first class mail to a person alleged to26 be liable as a registered owner at the address shown on the records of the Louisiana27 Department of Public Safety and Corrections, office of motor vehicles. Multiple28 violations may be aggregated in one violation notice. A manual or automatic record29 ENROLLEDHB NO. 1212 Page 6 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. of the mailing prepared in the ordinary course of business shall be prima facie1 evidence of the mailing of the notice.2 (2) The violation notice shall include the name and address of the person3 alleged to be liable as a registered owner for the failure to pay a toll or tolls under4 this Section, the amount of the toll or tolls not paid, the registration number of the5 vehicle or trailer involved, the date and the approximate time of the failure or failures6 to pay the toll or tolls, the administrative fees due, and such other information7 deemed appropriate.8 (3) The violation notice shall also include a warning that the registered9 owner must pay the toll or tolls and administrative fees stated in the notice or appeal10 the violation within thirty days after issuance and describe the means and content of11 the response for payment or appeal. The failure of the registered owner to appeal the12 violation in the manner provided and within the delays allowed shall be deemed to13 be an admission of liability and a waiver of available defenses.14 (4) Within thirty calendar days after the date of the issuance of the violation15 notice, the registered owner to whom the violation notice is issued must either pay16 the tolls and administrative fees provided by this Section, send a written dispute by17 mail as provided by this Section, or request a hearing as provided by this Section.18 (5) The registered owner may, without waiving the right to a hearing as19 provided by this Section, and also without waiving judicial review, appeal a violation20 notice and receive a review and disposition of the violation from a violation clerk by21 mail. The appeal by mail must contain a signed statement from the registered owner22 explaining the basis for the appeal. The signed statement may be accompanied by23 signed statements from witnesses, police officers, government officials, or other24 relevant parties or photographs, diagrams, maps, or other relevant documents that the25 registered owner determines to submit. Statements or materials sent to a violation26 clerk for review must have attached to them the name and address of the registered27 owner as well as the number of the violation notice and the date of the violation. All28 information submitted by the registered owner becomes part of the violation record.29 The violation clerk shall, within sixty days of receipt of such material, review the30 ENROLLEDHB NO. 1212 Page 7 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. material and dismiss or uphold the violation and notify the registered owner of the1 disposition of the hearing in writing by mail. If the appeal by mail is denied, the2 violation clerk shall explain the reasons for the determination. The violation clerk3 shall have the authority to waive administrative fees, in whole or in part, for good4 cause shown.5 (6) A registered owner issued a violation notice may make a written request6 for an appeal hearing before a designated agent. The violation clerk shall, within7 thirty days of receipt of a request for an appeal, notify the registered owner in writing8 by first class mail of the date, time, and place of the hearing. The hearing shall be9 informal, the rules of evidence shall not apply, the Administrative Procedure Act10 shall not apply, and the decision of the agent shall be final, subject to judicial review.11 The parties to the appeal hearing shall be notified in person or by mail of the decision12 following the hearing. Each written appeal decision shall contain a statement of13 reasons for the decision including a determination of each issue of fact necessary to14 the decision. Failure to appear at the date, time, and place specified on the hearing15 notice shall automatically result in the denial of the appeal. The hearing agent shall16 have the authority to waive administrative fees, in whole or in part, for good cause17 shown.18 (7) These provisions do not apply to traffic citations and moving violations19 issued by law enforcement personnel.20 G. Failure to comply with the requirements of this Section shall result in the21 following late charges or sanctions or both against the registered owner:22 (1) The following late charges for late payment, failure to pay, or for23 otherwise failing to respond to a violation notice as provided by this Section may be24 assessed:25 (a) A registered owner who fails to pay the administrative fees specified in26 a violation notice and who fails to appeal a violation notice as provided by this27 Section within thirty calendar days after the date of the issuance of the violation28 notice shall incur a late charge of five dollars. The violation clerk shall notify the29 registered owner by first class mail of this first notice of delinquency.30 ENROLLEDHB NO. 1212 Page 8 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. (b) A registered owner who fails to respond to a violation notice as provided1 by this Section within forty-five calendar days after the date of the issuance of the2 violation notice shall incur an additional late charge of fifteen dollars. The violation3 clerk shall notify the registered owner by first class mail of this notice of4 delinquency.5 (c) A registered owner who fails to respond to a violation notice as provided6 by this Section within sixty calendar days after the date of the issuance of the7 violation notice shall incur an additional late charge of twenty dollars. The violation8 clerk shall notify the registered owner by first class mail of this notice of9 delinquency and, in addition, notify the Louisiana office of motor vehicles. Upon10 notice from a violation clerk, the office of motor vehicles shall place the matter on11 record and shall not renew the driver's license of the registered owner or the12 registration of the vehicle until after notice from the violation clerk that the matters13 have been disposed of in accordance with law.14 (d) After a notice to the office of motor vehicles provided in Subparagraph15 (c) of this Paragraph, violation notices or notices of delinquency to registered owners16 with ten or more toll violations shall not be required to be mailed. However, the tolls17 and administrative fees of such registered owner shall continue to accumulate.18 (2) Civil and criminal action may be pursued as appropriate to collect the19 tolls and administrative fees assessed in the violation notice as well as such20 subsequent late charges assessed in accordance with this Section.21 H.(1) A photograph, microphotograph, videotape, or other recorded image22 produced by a photo-monitoring device is admissible in a proceeding to collect a toll23 or other charge, to collect criminal penalties imposed, or to impose criminal liability24 for a failure to pay the toll or charge.25 (2) An original or facsimile of a certificate, sworn to or affirmed by an agent26 of the toll collector that states that a failure to pay has occurred and states that it is27 based upon a personal inspection of a photograph, microphotograph, videotape, or28 other recorded image produced by a photo-monitoring system, as defined in this29 Section, is prima facie evidence of the facts contained in the certificate.30 ENROLLEDHB NO. 1212 Page 9 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. (3) Notwithstanding any other provision of law to the contrary, a photograph,1 microphotograph, videotape, or other recorded image prepared for enforcement of2 tolls is for the exclusive use of the Department of Transportation and Development3 or contracting entity in the discharge of its duties under this Section.4 I. The Department of Transportation and Development may hire or designate5 such personnel and organize such sections as the department may deem necessary,6 or contract for such services, in order to carry out the provisions of this Section.7 J. The tolls, administrative fees, and any late charges provided by law which8 are collected shall be deposited into the Crescent City Connection Toll Fund9 provided for in R.S. 47:7015 and used for the sole purposes described therein.10 §7014. New Orleans Regional Planning Commission; advisory authority11 A. The New Orleans Regional Planning Commission shall serve as an12 advisory body for the collection of tolls on the Crescent City Connection Bridge. It13 shall recommend best practices for operations, maintenance, landscaping, grass14 cutting, trash pickup, functional and ornamental lighting, motorist assistance patrols,15 inspection, and capital projects on bridges, approaches, and roadways, including16 ingress and egress points to the Crescent City Connection Bridge along US 90Z from17 Interstate 10 to US 90.18 B. In furtherance of this purpose, the commission shall have access to the19 accounting of all expenditures, revenues, project priorities, status of ongoing20 projects, and any other matters which relate to the Crescent City Connection Bridge,21 its operations, and related projects.22 §7015. Crescent City Connection Toll Fund; bonds23 A. There is hereby created, as a special fund in the state treasury, the24 Crescent City Connection Toll Fund, hereinafter referred to as the "fund". The25 source of monies for the fund shall be tolls collected for passage over the Crescent26 City Connection Bridge, and any administrative fees, and any late charges provided27 by law which are collected pursuant to R.S. 47:7012 and 7013, in such amounts as28 remain after the deposit of not less than ten million dollars annually of such monies29 into the Crescent City Connection Capital Projects Fund to provide for payment of30 ENROLLEDHB NO. 1212 Page 10 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. amounts due on bonds and related expenses and used to make payment under the1 bond documents pursuant to which any bonds were issued pursuant to the provisions2 of R.S. 47:7016, to provide funds to finance capital projects on a 'pay-as-you go'3 basis, or to provide funds to match federal funds.4 B. After compliance with the requirements of Article VII, Section 9(B) of5 the Constitution of Louisiana, relative to the Bond Security and Redemption Fund,6 and after deposit of not less than ten million dollars annually to the Crescent City7 Connection Capital Projects Fund, an amount equal to that deposited into the state8 treasury from the foregoing sources shall be deposited in and credited to the fund.9 The monies in the fund shall be invested by the treasurer in the same manner as the10 state general fund, and interest earnings shall be deposited into the fund. All11 unexpended and unencumbered monies remaining in the fund at the end of each12 fiscal year shall be transferred to and deposited by the treasurer into the Crescent13 City Connection Capital Projects Fund.14 C.(1) Monies in the fund shall be subject to annual appropriation as set forth15 herein by the legislature for use by the Department of Transportation and16 Development and the Department of Public Safety and Corrections, public safety17 services.18 (2) Monies appropriated from the fund to the Department of Public Safety19 and Corrections, public safety services shall not exceed two million dollars annually20 and shall be allocated to and disbursed solely for police functions on the Crescent21 City Connection Bridge and along US 90Z between Interstate 10 and US 90.22 (3) Monies appropriated from the fund to the Department of Transportation23 and Development shall be allocated and disbursed solely for operations,24 maintenance, landscaping, grass cutting, trash pickup, functional and ornamental25 lighting, inspections, motorist assistance patrols, and capital projects on the bridges,26 approaches and roadways, along U.S. 90Z from Interstate 10 to U.S. 90, including27 ingress and egress points to the Crescent City Connection Bridge.28 (4) No monies in the fund shall be used for any of the following purposes:29 (a) As a part of the Transportation Trust Fund-Regular.30 ENROLLEDHB NO. 1212 Page 11 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. (b) To fund the operations of any office, section, division, or other entity1 under the authority of the department for anything other than the purposes for which2 this Chapter authorizes for the Crescent City Connection Bridge.3 (c) To finance, supplement, or in any manner fund any Louisiana4 Transportation Authority project, other than those related to the Crescent City5 Connection Bridge.6 (d) To finance, supplement, or in any manner fund any other projects in the7 state of Louisiana, particularly those contained in Part VI of Chapter 7 of Subtitle II8 of Title 47, the Transportation Infrastructure Model for Economic Development.9 (e) To finance, supplement, or in any manner fund any ferry operated in the10 state.11 (5) Transportation Trust Fund - Regular monies shall not be expended to12 provide special, dedicated police functions on the Crescent City Connection.13 §7016. Crescent City Connection Capital Projects Fund: capital projects; bonds14 A. There is hereby created, as a special fund in the state treasury, the15 Crescent City Connection Capital Projects Fund, hereinafter referred to as the "CP16 Fund". The source of monies for the CP Fund shall be not less than ten million17 dollars annually of tolls collected for passage over the Crescent City Connection18 Bridge and all unexpended and unencumbered monies in the Crescent City19 Connection Toll Fund at the end of each fiscal year and transferred to the CP Fund20 pursuant to R.S. 47:7015. The monies in the CP fund shall be invested by the21 treasurer in the same manner as the state general fund, and interest earnings shall be22 deposited into the CP fund. All unexpended and unencumbered monies remaining23 in the fund at the end of each fiscal year shall remain in the CP fund and shall be24 used solely and exclusively for the purposes approved by the voters as provided in25 the proposition and for no other purpose.26 B. Monies in the CP Fund shall be subject to annual appropriation by the27 legislature solely and exclusively to the Department of Transportation and28 Development to provide funds for capital projects on a pay-as-you-go basis, or as29 match for federal funds relative to the Crescent City Connection, or to provide funds30 ENROLLEDHB NO. 1212 Page 12 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. for the payment of amounts due on bonds and related expenses as provided in this1 Chapter.2 C.(1) Notwithstanding any provision of law to the contrary, and as a grant3 of power in addition to any other general or special law, the State Bond Commission,4 hereinafter referred to as the "commission", on behalf of the Department of5 Transportation and Development, hereinafter referred to as the "department", may6 issue bonds, notes, certificates, or other evidences of indebtedness, hereinafter7 collectively referred to as the "bonds". Monies available for pledge and dedication8 for payment of the bonds shall be not less than ten million dollars in toll revenues9 collected in each fiscal year, other funds collected pursuant to this Chapter, and any10 other fees, rates, rentals, charges, grants, or other receipts or income derived by or11 in connection with an undertaking, facility, project, or any combination thereof, all12 of such sources being hereinafter referred to as "revenues". The bonds shall be13 issued solely for capital projects for and related to the Crescent City Connection14 Bridge and along US 90Z between Interstate 10 and US 90, including the following:15 (a) Repainting the downriver span of the Crescent City Connection Bridge.16 (b) Improving ingress and egress capacity at the following locations:17 (i) Annunciation Street.18 (ii) Barataria Boulevard.19 (iii) Tchoupitoulas Street.20 (iv) MacArthur Drive Interchange (east bound Peters Road on and off21 ramps).22 (v) Harvey Tunnel Rehabilitation.23 (c) If funds are available to finance projects in addition to specific projects24 listed in this Subsection, the Regional Planning Commission shall prioritize such25 projects.26 (2) The commission is further authorized, in its discretion, to pledge all or27 any part of any gift, grant, donation, or other sum of money, aid, or assistance from28 the United States, the state, or any political subdivision thereof, unless otherwise29 restricted by the terms thereof, all or any part of the proceeds of bonds, credit30 ENROLLEDHB NO. 1212 Page 13 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. agreements, instruments, or any other money of the commission, from whatever1 source derived, for the further securing of the payment of the principal and interest2 of the bonds.3 (3) Any bonds issued pursuant to the provisions of this Section shall4 constitute revenue bonds under Article VII, Section 6 of the Constitution of5 Louisiana, and such bonds shall be payable solely from an irrevocable pledge and6 dedication of the revenues without a pledge of the full faith and credit of the state.7 D. In accordance with the provisions of Article VII, Section 9(A)(6) of the8 Constitution of Louisiana, there is hereby established a special fund for the purpose9 of providing for the securitization of any bonds which may be issued pursuant to the10 provisions of this Section which shall include requirements for reserves and credit11 enhancement devices, all as may be provided in any resolution, trust agreement,12 indenture, or other instrument pursuant to which such bonds were issued. The fund13 shall be administered by a trustee as designated by the commission. The source of14 monies for the fund shall be those revenues pledged for payment of bonds pursuant15 to the provisions of this Section. All such revenues shall be classified and set aside16 in a separately identifiable fund or account outside of the state treasury but17 maintained by the state treasury, and such revenues shall be assigned and pledged to18 the trustee under the documents pursuant to which the bonds were issued for the19 benefit of the holders of the bonds. Only after satisfaction of all requirements of the20 documents pursuant to which any bonds shall be issued shall any revenues pledged21 herein be available for any other purposes, and specifically for the purposes provided22 for in this Chapter.23 E. Bonds issued under the provisions of this Section shall not be deemed to24 constitute a pledge of the full faith and credit of the state or of any governmental unit25 thereof. All such bonds shall contain a statement on their face substantially to the26 effect that neither the full faith and credit of the state nor the full faith and credit of27 any public entity of the state are pledged to the payment of the principal of or the28 interest on such bonds. The issuance of bonds under the provisions of this Section29 shall not directly, indirectly, or contingently obligate the state or any governmental30 ENROLLEDHB NO. 1212 Page 14 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. unit of the state to levy any taxes whatsoever therefore or to make any appropriation1 for their payment.2 F. Bonds shall be authorized by a resolution of the commission and shall be3 of such series, bear such date or dates, mature at such time or times, bear interest at4 such rate or rates, including but not limited to fixed, variable, or zero rates, be5 payable at such time or times, be in such denominations, be in such form, carry such6 registration and exchangeability privilege, be payable in such medium of payment7 and at such place or places, be subject to such terms of redemption prior to maturity8 and such price or prices as determined by the commission, and be entitled to such9 priority on the revenues as such resolution or resolutions may provide.10 G. Bonds shall be sold by the commission at public sale by competitive bid11 or negotiated private sale and at such price as the commission may determine to be12 in the best interest of the commission and the state.13 H. The issuance of the bonds shall not be subject to any limitations,14 requirements, or conditions contained in any other law, and bonds may be issued15 without obtaining the consent of any political subdivision of the state or of any16 agency, commission, or instrumentality of the state. The bonds shall be issued in17 compliance with the provisions of this Section. Any bond or note, including the full18 principal of and interest on any refunding bond or note, issued by the commission19 pursuant to the provisions of the Act which originated as House Bill No.1212 of the20 2012 Regular Session of the Legislature shall not be considered as "net state tax21 supported debt" under the provisions of R.S. 39:1367.22 I. For a period of thirty days after the date of publication of a notice of intent23 to issue bonds in the official journal of the commission authorizing the issuance of24 bonds hereunder, any person in interest shall have the right to contest the legality of25 the resolution and the legality of the bond issue for any cause, but after that time no26 one shall have any cause or right of action to contest the legality of the resolution or27 of the bonds or the security therefore for any cause whatsoever. If no suit, action,28 or proceeding is begun contesting the validity of the resolution, the bonds or the29 security therefore within the thirty days prescribed in this Subsection, the authority30 ENROLLEDHB NO. 1212 Page 15 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. to issue the bonds and to provide for the payment thereof, the legality thereof, and1 all of the provisions of the resolution authorizing the issuance of the bonds shall be2 conclusively presumed to be legal and shall be incontestable. Any notice of intent3 so published shall set forth in reasonable detail the purpose of the bonds, the security4 therefore, and the parameters of amount, duration, and interest rates. Any suit to5 determine the validity of bonds issued by the commission shall be brought only in6 accordance with the provisions of R. S. 13:5121 et seq.7 J. All bonds issued pursuant to this Section shall have all the qualities of8 negotiable instruments under the commercial laws of the state.9 K. Any pledge of the revenues or other monies made by the commission10 shall be valid and binding from the time when the pledge is made. The revenues or11 monies so pledged and thereafter received by the commission shall immediately be12 subject to the lien of such pledge without any physical delivery thereof or further act,13 and the lien of any such pledge shall be valid and binding as against all parties14 having claims of any kind in tort, contract, or otherwise against the commission15 irrespective of whether such parties have notice thereof. Any trust agreement or16 other instrument by which a pledge is created need not be filed or recorded except17 in the official records of the commission.18 L. Neither the member of the commission nor any person executing the19 bonds shall be personally liable for the bonds or be subject to any personal liability20 or accountability by reason of the issuance thereof.21 M. Bonds of the commission, their transfer, and the income thereof shall at22 all times be exempt from all taxation by the state or any political subdivision thereof,23 and may or may not be exempt for federal income tax purposes. The bonds issued24 pursuant to this Section shall be and are hereby declared to be legal and authorized25 investments for banks, savings banks, trust companies, building and loan26 associations, insurance companies, fiduciaries, trustees, and guardians. Such bonds27 shall be eligible to secure the deposit of any and all public funds of the state and any28 and all public funds of municipalities, parishes, school districts, or other political29 corporations or subdivisions of the state. Such bonds shall be lawful and sufficient30 ENROLLEDHB NO. 1212 Page 16 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. security for said deposits to the extent of their value. When any bonds shall have1 been issued pursuant to this Section, neither the legislature, the state, nor any other2 entity may act to impair any obligation or contract for the benefit of the holders of3 the bonds or discontinue or decrease the tolls pledged to the payment of the bonds4 authorized hereunder or permit to be discontinued or decreased said tolls in5 anticipation of the collection of which such bonds have been issued, or in any way6 make any change in the allocation and dedication of any fee which would diminish7 the amount of tolls to be received by the commission, until all such bonds shall have8 been retired as to principal and interest, and there is hereby vested in the holders9 from time to time of such bonds a contract right in the provisions of this Section.10 N. The commission may provide by resolution for the issuance of refunding11 bonds pursuant to R.S. 39:1444 et seq.12 O. The holders of any bonds issued hereunder shall have such rights and13 remedies as may be provided in the resolution or trust agreement authorizing the14 issuance of the bonds, including but not by way of limitation appointment of a15 trustee for the bondholders, and any other available civil action to compel16 compliance with the terms and provisions of the bonds and the resolution or trust17 agreement.18 P. Subject to the agreements with the holders of bonds, all proceeds of bonds19 and all revenues pledged under a resolution or trust agreement authorizing or20 securing such bonds shall be deposited and held in trust in a fund or funds separate21 and apart from all other funds of the state treasury or of the department. Subject to22 the resolution or trust agreement, the trustee shall hold the same for the benefit of the23 holders of the bonds for the application and disposition thereof solely to the24 respective uses and purposes provided in such resolution or trust agreement.25 Q. The commission is authorized to employ all professionals it deems26 necessary in the issuance of the bonds.27 R. The commission is authorized to enter into any and all agreements or28 contracts, execute any and all instruments, and do and perform any and all acts29 ENROLLEDHB NO. 1212 Page 17 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. necessary, convenient, or desirable for the issuance of the bonds or to carry out any1 power expressly given in this Section.2 S. Any other provision of law to the contrary notwithstanding, any revenues3 deposited in the bond fund that are pledged to the repayment of any bonds issued in4 accordance with this Section may be collected and disbursed in accordance with the5 documents pursuant to which such bonds were issued.6 §7017. Ferry operation at New Orleans; rates7 Should the ferry service formerly operated by the Crescent City Connection8 Division of the Department of Transportation and Development not be privatized as9 allowed pursuant to Chapter 1 of Title 48 of the Louisiana Revised Statutes of 1950,10 the department shall use best practices and establish and collect fares:11 (1) A tourist rate or non-commuter rate may be set by the department under12 the direction of the New Orleans Regional Planning Commission pursuant to the13 authority granted to it pursuant to R.S. 47:7014.14 (2) All fares collected shall be used solely for ferry operations formerly15 operated by the Crescent City Connection Division of the Department of16 Transportation and Development.17 §7017.1. Algiers-Canal Street Ferry Fund; ferry operations18 A. There is hereby created, as a special fund in the state treasury, the19 Algiers-Canal Street Ferry Fund, hereinafter referred to as the "fund".20 Notwithstanding any provision of law to the contrary, beginning January 1, 2013,21 and each fiscal year thereafter, after compliance with the requirements of Article VII,22 Section 9(B) of the Constitution of Louisiana, and after making the allocation for23 state highway fund No. 2, the treasurer shall deposit into the fund, all of the funds24 derived from the collection of registration and license fees and taxes collected by the25 state pursuant to R.S. 47:462, and as provided in R.S. 47:481, in the parish of26 Orleans.27 B. The monies in the fund shall be subject to an annual appropriation by the28 legislature and shall be used only as provided in Subsection C of this Section. The29 monies in the fund shall be invested by the treasurer in the same manner as the30 ENROLLEDHB NO. 1212 Page 18 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. monies in the state general fund, and all interest earned shall be deposited and1 credited to the fund. All unexpended or unencumbered monies remaining in the fund2 at the end of the fiscal year shall remain to the credit of the fund.3 C. Monies appropriated from the fund shall be used exclusively by the4 Department of Transportation and Development to fund operations of the Algiers-5 Canal Street ferry.6 §7018. Termination7 The provisions of this Chapter shall be null, void, and of no effect should the8 majority of the qualified electorate voting in the election provided for in R.S.9 47:820.5.8, vote not to have tolls collected on the Crescent City Connection Bridge.10 Section 3. R.S. 48:196(A)(introductory paragraph) is hereby amended and reenacted11 and R.S. 48:954 and 954.1 are hereby enacted to read as follows:12 §196. State Highway Improvement Fund13 A. There is hereby created, as a special fund in the state treasury, the State14 Highway Improvement Fund, hereinafter referred to as the "fund". The source of15 monies in this fund shall be registration and license fees and taxes collected by the16 state pursuant to R.S. 47:462, and as provided in R.S. 47:481. Beginning July 1,17 2007, and each fiscal year thereafter, after compliance with the requirements of18 Article VII, Section 9(B) of the Constitution of Louisiana, and after making the19 allocation for state highway fund No. 2, and the Algiers-Canal Street Ferry Fund, the20 treasurer shall deposit into the fund the following amounts:21 * * *22 §954. Crescent City Connection Bridge; toll collection, maintenance, operations,23 and other services; privatization24 A. Notwithstanding any provision to the contrary, the department is hereby25 authorized to privatize, let franchises, or enter into contracts for the collection of26 tolls, operations, maintenance, and all associated activities, for the Crescent City27 Connection Bridge. Operations and maintenance shall include inspection,28 landscaping, grass cutting, trash pickup, and functional and ornamental lighting.29 ENROLLEDHB NO. 1212 Page 19 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. B. The department shall hold at least one public meeting in the New Orleans1 metropolitan area prior to issuing any solicitation.2 C. Adequate public notice of any solicitation shall be given by advertising3 in the official journal of the state and the official journals of the parishes of Orleans,4 Jefferson, and Plaquemines, at least once. In addition, written notice may be5 provided to persons, firms, or corporations who are known to be in a position to6 furnish such service requested.7 D. The department shall determine which offer for a desired service is the8 most advantageous to the state which meets all the qualitative restrictions established9 in any privatization solicitation.10 E. The department shall give updates on its efforts to privatize the operations11 and maintenance of the Crescent City Connection Bridge upon request of the Senate12 Committee on Transportation, Highways and Public Works or the House Committee13 on Transportation, Highways and Public Works, or both.14 F. The provisions of this Section shall be null, void, and of no effect on July15 1, 2014, should the department have not awarded a contract or contracts for Crescent16 City Connection Bridge toll collection and operations and maintenance.17 G. "Crescent City Connection Bridge" as used in this Section shall18 collectively mean Bridges No. 1 and No. 2, comprising the Crescent City19 Connection.20 §954.1. Crescent City Connection; best practices21 The department shall utilize industry recognized best practices not in conflict22 with applicable laws in executing procurement contracts, engineering contracts, and23 other contracts entered into which affect the Crescent City Connection Bridge, with24 a public or nonpublic entity. "Crescent City Connection Bridge" as used in this25 Section shall collectively mean Bridges No. 1 and No. 2, comprising the Crescent26 City Connection.27 Section 4. The legislative auditor of the state of Louisiana shall perform an audit of28 the Department of Transportation and Development's operations of the Crescent City29 Connection Bridge and provide a written report to the House and Senate committees on30 ENROLLEDHB NO. 1212 Page 20 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. transportation, highways, and public works by March 1, 2014. Such report shall include but1 not be limited to a determination of the Department of Transportation and Development's2 compliance with the statutes, rules, and regulations of the state concerning procurement of3 supplies and materials and obtaining professional services such as engineering, inspection,4 and examination services.5 Section 5. The Legislative Fiscal Office shall issue an opinion by March 1, 2014, as6 to whether the Department of Transportation and Development's procurement policies and7 systems as they relate to the Crescent City Connection Bridge have resulted in the most cost-8 effective expenditure of public funds, in particular whether the amounts expended on9 administration is out of line when compared with public and private entities performing the10 same function. The Legislative Fiscal Office shall also make a determination of the sources11 of revenue for the operation of the Crescent City Connection Bridge by the Department of12 Transportation and Development.13 Section 6. This Section and Sections 1 and 7 of this Act shall become effective upon14 signature by the governor or, if not signed by the governor, upon expiration of the time for15 bills to become law without signature by the governor, as provided by Article III, Section16 18 of the Constitution of Louisiana. If vetoed by the governor and subsequently approved17 by the legislature, this Act shall become effective on the day following such approval.18 Section 7. Sections 2 and 3 of this Act shall be effective on January 1, 2013, should19 the election provided for in Section 1 of this Act result in the renewal and collection of tolls20 on the Crescent City Connection Bridge as defined in Section 1 of this Act.21 ENROLLEDHB NO. 1212 Page 21 of 21 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Section 8. The provisions of Section 3 of this Act shall be null, void, and of no effect1 should the majority of the qualified electorate voting in the election provided for in Section2 1 of this Act vote not to have tolls collected on the Crescent City Connection Bridge.3 SPEAKER OF THE HOUSE OF REPRESENTATI VES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: