Louisiana 2017 2017 2nd Special Session

Louisiana House Bill HB12 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 12 Original 2017 Second Extraordinary Session	Jones
Provides for the capital outlay budget and program for FY 2017-2018; provides for the funding of
the capital outlays from the specified sources of monies in the specified amounts as follows:
State General Fund (Direct)	$ 1,500,000
Federal Funds	$ 62,713,000
Transportation Trust Fund (TTF) - Federal $ 637,761,670
Transportation Trust Fund (TTF) - Regular $ 168,265,658
Interagency Transfers	$ 41,377,106
Misc. Statutory Dedications	$ 273,636,057
Fees and Self-Generated Revenues $ 48,574,970
Revenue Bonds	$ 266,625,000
TOTAL CASH PORTION	$1,500,453,461
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1	$ 939,915,655
Priority 2	$ 131,125,398
Priority 5	$1,298,115,485
TOTAL GENERAL OBLIGATIONS BONDS	$2,369,156,538
BONDS NRP/RBP	$ 99,830
GRAND TOTAL ALL MEANS OF FINANCING $3,869,709,829