Louisiana 2016 2016 Regular Session

Louisiana House Bill HB2 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 2 Original	2016 Regular Session	Abramson
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	$ 119,962,508
Transportation Trust Fund (TTF) - Federal	$ 546,016,024
Transportation Trust Fund (TTF) - Regular	$ 167,090,301
Interagency Transfers	$ 115,000,000
Misc. Statutory Dedications	$84,736,951
Fees and Self-Generated Revenues	$65,960,000
Reappropriated Cash	$2,636,032
Revenue Bonds	$ 282,561,400
TOTAL CASH PORTION	$1,383,963,216
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1	$1,380,737,900
Priority 2	$ 113,415,000
Priority 5	$ 858,842,600
TOTAL GENERAL OBLIGATIONS BONDS	$2,352,995,500
BONDS NRP/RBP	$1,128,574
GRAND TOTAL ALL MEANS OF FINANCING	$3,738,087,290