Louisiana 2017 2017 Regular Session

Louisiana House Bill HB2 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 2 Engrossed	2017 Regular Session	Abramson
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:
Federal Funds	$ 62,713,000
Transportation Trust Fund (TTF) - Federal $ 637,761,670
Transportation Trust Fund (TTF) - Regular $ 205,079,048
Interagency Transfers	$ 41,377,106
Misc. Statutory Dedications	$ 276,236,057
Fees and Self-Generated Revenues $ 43,174,970
Revenue Bonds	$ 266,625,000
TOTAL CASH PORTION	$1,532,966,851
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1	$ 885,753,955
Priority 2	$ 58,721,300
Priority 5	$1,034,507,950
TOTAL GENERAL OBLIGATIONS BONDS	$1,978,983,205
BONDS NRP/RBP	$ 99,830
GRAND TOTAL ALL MEANS OF FINANCING $3,512,049,886
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Ways and Means to the original
bill:
1. Changed General Obligation Bond funding as follows:
Priority 1	$ 2,278,100
Priority 2	$ 7,679,500 Priority 5	$ 24,318,900