Louisiana 2017 2017 1st Special Session

Louisiana House Bill HCR2 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)]
HCR 2 Original 2017 First Extraordinary Session	McFarland
Provides legislative consent to make available for appropriation from the Budget Stabilization Fund
the sum of $50,000,000, due to the reduction of the Fiscal Year 2016-2017 official forecast in the
amount of $340.5 Million as adopted by the Revenue Estimating Conference at its meeting on Jan.
13, 2017, resulting in the second mid-year deficit for the current fiscal year, and presented to and
recognized by the Joint Legislative Committee on the Budget at its meeting on Jan. 27, 2017.