Louisiana 2017 2017 2nd Special Session

Louisiana House Bill HB2 Comm Sub / Analysis

                    GREEN SHEET REDIGEST
HB 2	2017 Second Extraordinary Session Abramson
(KEYWORD, SUMMARY, AND DIGEST as amended by Senate committee
amendments)
CAPITAL OUTLAY:  Provides for the comprehensive Capital Outlay budget (Item #3)
DIGEST
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	$ 930,991,155
Priority 2	$ 118,736,898
Priority 5	$1,291,822,585
TOTAL GENERAL OBLIGATIONS BONDS	$2,341,550,638
BONDS NRP/RBP	$ 99,830
GRAND TOTAL ALL MEANS OF FINANCING $3,842,103,929
Summary of Amendments Adopted by House
The House Floor Amendments to the engrossed bill:
1. Made technical changes.
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Revenue and Fiscal Affairs
to the reengrossed bill
1. Technical changes.
2. Changed General Obligation Bond funding as follows:
Priority 1	$ 953,200
Priority 2	$ 926,700
Priority 5	$     (2,702,900)
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Prepared by Martha Hess.