The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Jay R. Lueckel.
DIGEST
SB 221 Engrossed 2015 Regular Session Adley
Present law provides for the dedication and deposit of the avails of certain sales and use tax monies
into the Transportation Trust Fund (TTF) beginning July 1, 2008. Provides for the uses of such
monies for certain highway, port priority projects, and Transportation Mobility Fund projects as
approved by the La. Transportation Authority.
Present law specifically provides for a phase-in of the avails, from the sale, use, lease, rental of motor
vehicles which are taxable under the sales tax code, to be deposited into the Transportation Trust
Fund as follows: beginning July 1, 2008, for Fiscal Year 2009, ten percent; for Fiscal Year 2010,
twenty percent; for Fiscal Year 2011, thirty percent; for Fiscal Year 2012, fifty percent; for Fiscal
Year 2013, seventy-five percent; for Fiscal Year 2014, eighty-five percent; for Fiscal Year 2015 and
thereafter, all of the collections.
Proposed law provides that beginning in Fiscal Year 2016-2017 and each fiscal year thereafter, in
the event that an increase in general fund revenues are certified by the Revenue Estimating
Conference as being attributable to an increase in the base amount of mineral revenues received by
the state as provided by the provisions of the Act that originated as Senate Bill No. 122 of this 2015
Regular Session of the Legislature, the state treasurer shall, after satisfying the requirements of
Article VII, Section 9(B) of the Constitution of Louisiana relative to the Bond Security and
Redemption Fund, deposit the first one hundred million dollars to the funds to be dedicated for use
as provided by proposed law.
Present law provides for allocating the proceeds as follows: ninety-three percent to the
Transportation Trust Fund and seven percent to the Transportation Mobility Fund. Monies in the
TTF are to be distributed for the following - not less than thirty percent for capacity projects; seven
percent for port priority projects; and the remainder of the monies shall be used exclusively for
priority projects. Monies in the Transportation Mobility Fund shall be used for final design and
construction and shall not be used for studies.
Proposed law provides that the first seventy million dollars of the monies shall be deposited into the
TTF to be used exclusively for state highway pavement and bridge sustainability projects.
Thereafter, ninety-three percent of the monies shall be deposited into the TTF to be allocated as
follows: thirty percent for highway priority program projects classified as capacity projects; seven
percent for port construction and development priority program projects; and the remaining monies
for state highway pavement and bridge sustainability projects.
Proposed law provides that the remaining seven percent shall be deposited to the infrastructure bank
as provided in the Act which originated as HB No. 618 for final design and construction and shall
not be used for studies. Present law provides that if a deficit for the current fiscal year is projected due to a decrease in the
official forecast, the treasurer is directed to reduce the deposits required by these provisions until
such time as the official forecast equals or exceeds the forecast in effect prior to the projected deficit,
at which time the reduction shall cease.
Proposed law repeals the deficit reduction provisions.
Proposed law also repeals statutory provisions relative to the Transportation Mobility Fund.
Proposed law provides that it is declared by the Legislature that it is the legislative intent that a
portion of the costs of implementation of the provisions of Section 1 of the Act shall be deemed to
be offset by any monies derived from the increase in the base amount of mineral revenues received
by the state prior to any deposit into the Budget Stabilization Fund, as provided in the Act which
originated as Senate Bill No. 122 of the 2015 Regular Session of the Legislature.
Effective and becomes operative if and when the Act which originated as Senate Bill No. 122 of this
2015 Regular Session of the Legislature is enacted into law and becomes effective.
(Amends R.S. 48:77(A) and (B) and 2074(A); repeals R.S. 48:77(C), 2077(24), and 2111 through
2119)
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Finance on the original bill
1. Substitutes state general fund revenues certified by the Revenue Estimating
Conference as being attributable to an increase in the base amount of mineral
revenues received by the state as provided by the provisions of the Act that originated
as Senate Bill No. 122 of this 2015 Regular Session of the Legislature for vehicle
sales and use taxes.
2. Limits the amount to the first one hundred million dollars of the funds recognized by
the Revenue Estimating Conference Committee to be used for the purposes of the
bill.
3. Provides for a statement of legislative intent that such funds shall be deemed to be
offset by any monies derived from the increase in the base amount of mineral
revenues received by the state prior to any deposit into the Budget Stabilization Fund.
4. Makes effective and operative if and when the Act which originated as Senate Bill
No. 122 of this 2015 Regular Session of the Legislature is enacted into law and
becomes effective.