Louisiana 2016 2016 2nd Special Session

Louisiana House Bill HB59 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)]
HB 59 Original 2016 Second Extraordinary Session	Connick
Provides for the capital outlay budget and program for FY 2016-2017; provides for the funding of
the capital outlays from the specified sources of monies in the specified amounts as follows:
Federal Funds	$ 133,062,470
Transportation Trust Fund (TTF) - Federal	$ 546,016,024
Transportation Trust Fund (TTF) - Regular	$ 167,090,301
Interagency Transfers	$ 199,548,500
Misc. Statutory Dedications	$205,286,862
Fees and Self-Generated Revenues	$65,960,000
Reappropriated Cash	$2,636,032
Revenue Bonds	$ 282,561,400
TOTAL CASH PORTION	$1,602,161,589
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1	$  982,547,305
Priority 2	$ 45,008,500
Priority 5	$ 945,700,600
TOTAL GENERAL OBLIGATIONS BONDS	$1,973,256,405
BONDS NRP/RBP	$1,128,574
GRAND TOTAL ALL MEANS OF FINANCING	$3,576,546,568