HLS 15RS-1018 ORIGINAL 2015 Regular Session HOUSE BILL NO. 645 BY REPRESENTATIVE CONNICK Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. HIGHWAYS: Restricts the use of toll credits on certain highways 1 AN ACT 2To enact R.S. 48:79, relative to toll credits; to require toll credits to be used for highway 3 projects within the area the toll credits were generated; and to provide for related 4 matters. 5Be it enacted by the Legislature of Louisiana: 6 Section 1. R.S. 48:79 is hereby enacted to read as follows: 7 §79. Toll credits 8 A.(1) The department shall utilize toll credits generated by a tolled 9 transportation facility solely for highway projects on or in the vicinity of the facility 10 where the toll was collected. 11 (2) Toll credits shall be considered a supplemental funding source only to 12 be used in the area where the toll credit is generated and not as a replacement for any 13 other form of state transportation funding. 14 B. For purposes of this Section, "toll credit" means a financing tool approved 15 by the Federal Highway Administration that allows states to use federal obligation 16 authority without the requirement of nonfederal matching dollars. Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 15RS-1018 ORIGINAL HB NO. 645 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)] HB 645 Original 2015 Regular Session Connick Abstract: Requires the Dept. of Transportation and Development (DOTD) to utilize toll credits generated by a tolled transportation facility solely for highway projects on or in the vicinity of the facility where the toll was collected. Proposed law requires the DOTD to utilize toll credits generated by a tolled transportation facility solely for highway projects on or in the vicinity of the facility where the toll was collected. Proposed law specifies that toll credits are considered a supplemental funding source only to be used in the area where the toll credit is generated and not as a replacement for any other form of state transportation funding. Proposed law defines "toll credit" as a financing tool approved by the Federal Highway Administration that allows states to use federal obligation authority without the requirement of nonfederal matching dollars. (Adds R.S. 48:79) Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.