HLS 13RS-246 ORIGINAL
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Regular Session, 2013
HOUSE BILL NO. 601
BY REPRESENTATIVE SCHRODER
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
CAPITAL OUTLAY: Requires the Joint Legislative Committee on Capital Outlay to
approve line of credit recommendations for non-state entity projects
AN ACT1
To amend and reenact R.S. 39:122(A), relative to capital outlay; to provide relative to the2
capital outlay process; to provide relative to line of credit recommendations for non-3
state entity projects; to require the Joint Legislative Committee on Capital Outlay to4
make certain recommendations; to provide for an effective date; and to provide for5
related matters.6
Be it enacted by the Legislature of Louisiana:7
Section 1. R.S. 47:122(A) is hereby amended and reenacted to read as follows: 8
ยง122. Commencement of work9
A. No work shall commence and no contract shall be entered into for any10
project contained in the capital outlay act unless and until funds are available from11
the cash sources indicated in the act or from the sale of bonds or from a line of credit12
approved by the State Bond Commission, except contracts for Department of13
Transportation and Development projects which are subject to the provisions of R.S.14
48:251(D). The Joint Legislative Committee on Capital Outlay commissioner of15
administration shall make recommendations to the commissioner of administration16
Joint Legislative Committee on Capital Outlay concerning the non-state entity17
projects to be granted lines of credit. The commissioner of administration shall18
submit to the Joint Legislative Committee on Capital Outlay a list of non-state entity19
projects that will be submitted to the State Bond Commission the division of20 HLS 13RS-246 ORIGINAL
HB NO. 601
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administration recommends for lines of credit a minimum of five days prior to the1
submission to the State Bond Commission. The list shall be submitted to the Joint2
Legislative Committee on Capital Outlay no less than fifteen days prior to the3
meeting date of the Bond Commission in which the lines of credit are to be4
considered. The Joint Legislative Committee on Capital Outlay shall receive the list5
of recommendations from the division of administration and shall have discretion to6
either approve the list or make changes to the list. The Committee shall make final7
recommendations and shall approve the list of non-state entity projects which shall8
be submitted to the Bond Commission for consideration of lines of credit. Only non-9
state entity projects which received approval from the Joint Legislative Committee10
on Capital Outlay shall be submitted to the Bond Commission for consideration of11
lines of credit.12
* * *13
Section 2. This Act shall become effective on July 1, 2013; if vetoed by the governor14
and subsequently approved by the legislature, this Act shall become effective on July 1,15
2013, or on the day following such approval by the legislature, whichever is later.16
.
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)]
Schroder HB No. 601
Abstract: Requires the Joint Legislative Committee on Capital Outlay to approve non-state
entity line of credit recommendations before the division of administration submits
to submit non-state entity project line of credit recommendations.
Present law prohibits work from commencing and contracts from being entered into for any
project contained in the capital outlay act unless and until funds are available from cash
sources indicated in the act, or from the sale of bonds or from a line of credit approved by
the State Bond Commission (SBC). Present law exempts certain contracts for the Dept. of
Transportation and Development from this prohibition.
Present law requires the Joint Legislative Committee on Capital Outlay (JLCCO) to make
recommendations to the commissioner of administration concerning the non-state entity
projects to be granted lines of credit. Further requires the commissioner of administration
to submit the list of projects to be recommended for lines of credit to the JLCCO a
minimum of five days prior to the submission of the list to the SBC. HLS 13RS-246 ORIGINAL
HB NO. 601
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Proposed law changes present law by requiring the commissioner of administration to make
recommendations to the JLCCO concerning non-state entity projects to be recommended for
lines of credit. Further requires the commissioner to submit the list of non-state entity line
of credit recommendations to the JLCCO no less than 15 days prior to the meeting date of
the Bond Commission in which the lines of credit are to be considered. The JLCCO has
discretion to either approve the list or make changes to the list.
Proposed law requires the JLCCO to make final recommendations and approve the list of
non-state entity projects which shall be submitted to the SBC for consideration of lines of
credit. Only non-state entity projects which received approval from the JLCCO shall be
submitted to the SBC or consideration of lines of credit.
Effective July 1, 2013.
(Amends R.S. 39:122(A)