Louisiana 2017 2017 Regular Session

Louisiana House Bill HB2 Comm Sub / Analysis

                    GREEN SHEET REDIGEST
HB 2	2017 Regular Session	Abramson
(KEYWORD, SUMMARY, AND DIGEST as amended by Senate committee
amendments)
CAPITAL OUTLAY:  Provides for the comprehensive Capital Outlay budget
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:
Federal Funds	$ 62,713,000
State General Fund (Direct)	$ 1,500,000
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 $ 43,174,970
Revenue Bonds	$ 266,625,000
TOTAL CASH PORTION	$1,495,053,461
Authorizes the funding of certain capital outlay projects from the sale of general obligation
bonds for the projects delineated as follows:
Priority 1	$ 918,115,955
Priority 2	$ 104,270,098
Priority 5	$1,239,193,285
TOTAL GENERAL OBLIGATIONS BONDS	$2,261,579,338
BONDS NRP/RBP	$ 99,830
GRAND TOTAL ALL MEANS OF FINANCING $3,756,732,629
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
The House Floor Amendments to the engrossed bill:
1. Changed General Obligation Bond funding as follows:
Priority 1	$     288,900
Priority 2	$  1,804,000
Priority 5	$  9,656,000
Page 1 of 2
Prepared by Martha Hess. Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Revenue and Fiscal Affairs
to the reengrossed bill
1. Changed General Obligation Funding as follows:
Priority 1	$ 32,073,100
Priority 2	$ 43,744,798
Priority 5	$        195,029,335
Committee Amendments Proposed by Senate Committee on Finance to the reengrossed 
bill
1. Changed cash funding as follows:
State General Fund (Direct)	$    1,500,000
Transportation Trust Fund - Regular $ (36,813,390)
Statutory Dedications	$  (2,600,000)
Page 2 of 2
Prepared by Martha Hess.