Louisiana 2016 2016 2nd Special Session

Louisiana House Bill HB60 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 60 Original 2016 Second Extraordinary Session	Leger
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
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Ways and Means to the original
bill:
1. Changed the General Obligation Bond funding as follows:
Priority 1	$ (290,848,150)
Priority 2	$   (75,415,200) Priority 5	$    68,668,500
The Committee Amendments Proposed by House Committee on Appropriations to the engrossed
bill:
1. Changed the cash funding as follows:
Reappropriated cash 	$       (739,966)
The House Floor Amendments to the reengrossed bill:
1. Changed general obligation bond funding as follows:
Priority 1	$            (107,342,445)
Priority 2	$       7,008,700
Priority 5	$     18,189,500 
2. Changed cash funding as follows:
Federal Funds	$     13,099,962
Interagency Transfers	$     84,548,500
Misc. Statutory Dedications	$   120,549,911
Reappropriated Cash	$          739,966