RÉSUMÉ DIGEST ACT 5 (HB 3) 2017 Second Extraordinary Session Abramson New law provides for the implementation of a five-year capital improvement program; provides for the repeal of certain prior bond authorizations; provides for new bond authorizations; provides for authorization and sale of such bonds by the State Bond Commission; and provides for related matters. New law deems projects included within Section (1)(A) of HB No. 2 of the 2017 2 E.S. to have timely submitted capital outlay budget request applications for FY 2017-2018 and to have complied with the late approval requirements of existing law. Further authorizes these projects to be eligible for lines of credit for FY 2017-2018. New law deems projects included within Section (1)(B) of HB No. 2 of the 2017 2 E.S. to have until June 30, 2017, to submit capital outlay budget request applications and to obtain late approval pursuant to existing law. New law prohibits projects receiving capital outlay appropriations for FY 2017-2018 from being exempt from public bid laws or laws pertaining to the review of plans and specifications by administering agencies without prior authorization from the commissioner of administration. Further prohibits entities receiving capital outlay appropriations for FY 2017-2018 from entering into contracts prior to the issuance of a line of credit, prior to receipt of funding, or prior to entering into a CEA, nor receiving reimbursement for expenditures without prior authorization from the commissioner of administration. New law authorizes the commissioner of administration to determine whether to exempt the Professional Specialties, USDA Veterinary Biologic Facility project from the public bid law, laws requiring the review of plans and specifications or laws prohibiting reimbursement for expenditures made without prior authorization. New law authorizes the commissioner of administration to determine whether to exempt the Global Foundation for Better Education, Health and Environment, Inc., Urgent Care Facility project from laws requiring public bids, the review of plans and specifications and prohibiting contracting prior to the issuance of a line of credit, prior to receipt of funding, or prior to entering into a cooperative endeavor agreement, or laws prohibiting reimbursement for expenditures made without prior authorization. New law transfers the Preservation and Restoration of Historic Structures for Hope Haven/Madonna Manor Campus, Planning and Construction project from the Archdiocese of New Orleans to Jefferson Parish. New law transfers the Terrebonne Sports Complex, Phase 1, Infrastructure Improvements, Acquisition, Planning and Construction project from Terrebonne Parish Recreation Districts Two and Three to Terrebonne Parish. New law requires all projects receiving capital outlay appropriations to comply with the provisions of existing law beginning in FY 2018-2019. Effective upon signature of governor (June 29, 2017). Page 1 of 1