Louisiana 2013 2013 Regular Session

Louisiana House Bill HB2 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of
the legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of
the law or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
Robideaux	HB No. 2
Abstract: Provides for the capital outlay budget and program for FY 2013-2014; provides for
the funding of the capital outlays from the specified sources of monies in the specified
amounts as follows:
Federal Funds	$ 20,438,462
Federal Funds - TTF	$ 711,133,000
Transportation Trust Fund (TTF) - Regular $ 129,572,190
Interagency Transfers	$ 25,347,724
Misc. Statutory Dedications	$ 67,261,400
Fees and Self-Generated Revenues $ 59,933,489
Reappropriated Cash	$ 19,568,258
Overcollections Fund	$ 82,703,750
Revenue Bonds	$6,000,000
TOTAL CASH PORTION	$1,121,958,273
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1	$1,691,750,000
Priority 2	$ 146,380,000
Priority 5	$1,242,680,000
TOTAL GENERAL OBLIGATIONS BONDS	$3,080,810,000
BONDS NRP/RBP	$ 10,328,139
GRAND TOTAL ALL MEANS OF FINANCING	$4,213,096,412
Summary of Amendments Adopted by House
Committee Amendments Proposed by 	House Committee on Ways and Means to the original
bill.
1. Changes General Obligation Bond funding as follows: Priority 1	$ 9,295,000
Priority 2	$ 21,420,000
Priority 5	$(78,285,000) House Floor Amendments to the engrossed bill.
1. Overcollections Fund	$ 82,703,750
2. Priority 1	$(300,000,000)
3. Priority 2	$   1,250,000
4. Priority 5	$   7,180,000