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 Reengrossed 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 $1,896,066
Revenue Bonds $ 282,561,400
TOTAL CASH PORTION $1,383,223,250
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1 $1,047,806,550
Priority 2 $ 37,964,800
Priority 5 $ 950,127,600
TOTAL GENERAL OBLIGATIONS BONDS $2,035,898,950
BONDS NRP/RBP $1,128,574
GRAND TOTAL ALL MEANS OF FINANCING $3,420,250,774
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 $ (332,931,350) Priority 2 $ (75,450,200)
Priority 5 $ 91,285,000
The Committee Amendments Proposed by House Committee on Appropriations to the engrossed
bill:
1. Reappropriated cash $ (739,966)