Louisiana 2014 2014 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
Provides for the capital outlay budget and program for FY 2014-2015; provides for the funding
of the capital outlays from the specified sources of monies in the specified amounts as follows:
Federal Funds	$ 106,957,022
Federal Funds - TTF	$ 693,515,000
Transportation Trust Fund (TTF) - Regular $ 87,234,140
Coastal Protection and Restoration Fund $ 277,821,418
Interagency Transfers	$ 417,841,541
Misc. Statutory Dedications	$ 38,753,456
Fees and Self-Generated Revenues $ 84,555,600
Reappropriated Cash	$ 11,871,837
Revenue Bonds	$185,875,000
TOTAL CASH PORTION	$1,904,425,014 Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1	$1,394,500,726
Priority 2	$ 224,266,020
Priority 5	$1,975,245,000
TOTAL GENERAL OBLIGATIONS BONDS	$3,594,011,746
BONDS NRP/RBP	$ 69,773,750
GRAND TOTAL ALL MEANS OF FINANCING	$5,568,210,510
Summary of Amendments Adopted by House
Committee Amendments Proposed by 	House Committee on Ways and Means to the original
bill.
1. Changed General Obligation Bond funding as follows:
Priority 1	$ (148,679,274)
Priority 2	$   41,081,020
Priority 5	$   39,565,000
NRP	$ (102,986,032)
Committee Amendments Proposed by 	House Committee on Appropriations to the engrossed
bill.
1. Changes cash funding as follows:
Reappropriated Cash	$   4,220,646