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 681 Original 2015 Regular Session Kleckley
Abstract: Changes one of the construction projects for the SOWELA Technical Community
College System for which bonds may be issued to finance from the Morgan Smith Campus
to the main campus.
Present law authorizes the board of the La. Community and Technical Colleges System (LCTCS)
to approve a specific list of construction and improvement projects for facilities and properties in
the LCTCS system to be funded through the issuance of bonds. Further provides for requirements
and limitations with respect to the issuance of bonds such as the terms of the bonds, the interest rates,
requirements for the actual sale of the bonds, and approval by the State Bond Commission.
Present law provides for the financing of a $9 million project for an Automotive, Welding, Nursing,
and Industrial Programs building on the Morgan Smith Campus for the SOWELA Technical
Community College.
Proposed law changes the project referenced for the SOWELA Technical Community College from
an Automotive, Welding, Nursing, and Industrial Programs building on the Morgan Smith Campus
to a project on the main campus.
Effective July 1, 2015.
(Amends R.S. 17:3394.3(C)(1)(y))