Louisiana 2016 2016 Regular Session

Louisiana House Bill HB1 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 17 (HB 1) 2016 Regular Session	Henry
Appropriates $26.3 billion for Fiscal Year (FY) 2016-2017, of which $8.8 billion is state
general fund (direct) (SGF).  SGF increased $771 million when compared to the FY 2015-
2016 existing operating budget as of December 1, 2015.  Overall, FY 2016-2017 total
General Appropriation Bill (GAB) funding is $1.9 billion more than FY 2015-2016. 
Other means of financing for FY 2016-2017 include: interagency transfers at $951 million,
or $322 million less than FY 2015-2016; fees and self-generated revenues at $2.3 billion, or
$124 million more than FY 2015-2016; statutory dedications at $2.6 billion, or $529 million
less than FY 2015-2016; and federal funding at $11.6 billion or $1.8 billion more than FY
2015-2016. 
Effective July 1, 2016.