ENROLLED 2017 Regular Session HOUSE BILL NO. 354 BY REPRESENTATIVE THIBAUT 1 A JOINT RESOLUTION 2 Proposing to amend Article VII, Section 27(B) of the Constitution of Louisiana, relative to 3 the Transportation Trust Fund; to establish the Construction Subfund; to provide for 4 the use of the monies deposited into the fund; to provide for the sources and uses of 5 monies in the subfund; to provide for effectiveness; to provide for submission of the 6 proposed amendment to the electors; and to provide for related matters. 7 Section 1. Be it resolved by the Legislature of Louisiana, two-thirds of the members 8 elected to each house concurring, that there shall be submitted to the electors of the state of 9 Louisiana, for their approval or rejection in the manner provided by law, a proposal to 10 amend Article VII, Section 27(B) of the Constitution of Louisiana, to read as follows: 11 ยง27. Transportation Trust Fund 12 Section 27.(A) 13 * * * 14 (B)(1) Except as provided for in Subparagraph (2) of this Paragraph, the The 15 monies in the trust fund shall be appropriated or dedicated solely and exclusively for 16 the costs for and associated with construction and maintenance of the roads and 17 bridges of the state and federal highway systems, the Statewide Flood-Control 18 Program or its successor, ports, airports, transit, state police for traffic control 19 purposes, and the Parish Transportation Fund or its successor and for the payment 20 of all principal, interest, premium, if any, and other obligations incident to the 21 issuance, security, and payment in respect of bonds or other obligations payable from Page 1 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HB NO. 354 ENROLLED 1 the trust fund as authorized in Paragraph (D) hereof. Unless pledged to the 2 repayment of bonds authorized in Paragraphs (C) or (D) of this Section, the monies 3 in the trust fund allocated to ports, airports, flood control, parish transportation, and 4 state highway construction shall be appropriated annually by the legislature only 5 pursuant to programs established by law which establish a system of priorities for the 6 expenditure of such monies, except that the Transportation Infrastructure Model for 7 Economic Development, which shall include only those projects enumerated in 8 House Bill 17 of the 1989 First Extraordinary Session of the Legislature* and US 9 Highway 61 from Thompson Creek to the Mississippi Line, in lieu of "US 61-Bains 10 to Mississippi Line", and US Highway 165 from I-10 to Alexandria to Monroe to 11 Bastrop and thence on US Highway 425 from Bastrop to the Arkansas Line, in lieu 12 of "US 165-I-10 Alexandria-Monroe-Bastrop-Arkansas Line" and LA 15-Natchez, 13 Mississippi to Chase in lieu of "LA 15-Natchez, Mississippi to Monroe", shall be 14 funded as provided by law. The state generated tax monies appropriated for ports, 15 Parish Transportation Fund, or its successor, and the Statewide Flood-Control 16 Program, or its successor, and state police for traffic control purposes shall not 17 exceed twenty percent annually of the state generated tax revenues in the trust fund; 18 provided, however, that no less than the avails of one cent of the tax on gasoline and 19 special fuels shall be appropriated each year to the Parish Transportation Fund, or its 20 successor. The annual appropriation for airports shall be a sum equal to, but not 21 greater than, the annual estimated revenue to be derived from the state taxes to be 22 collected and received on aviation fuel. Unencumbered and unexpended balances 23 at the end of each fiscal year shall remain in the trust fund. The earnings realized in 24 each fiscal year on the investment of monies in the trust fund shall be deposited in 25 and credited to the trust fund. 26 (2) There is hereby established in the Transportation Trust Fund a special 27 subfund to be known as the "Construction Subfund", hereinafter referred to as "the 28 subfund", in which shall be deposited the avails of any new taxes that become 29 effective and are levied on gasoline, motor fuels, or special fuels on or after July 1, 30 2017. The monies in the subfund shall be appropriated and dedicated solely for the Page 2 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HB NO. 354 ENROLLED 1 direct costs associated with actual project delivery, construction, and maintenance 2 of transportation and capital transit infrastructure projects of the state and local 3 government. The monies in the subfund that are appropriated by the legislature to 4 the Department of Transportation and Development, or its successor, shall not be 5 utilized by the department for the payment of employee wages and related benefits 6 or employee retirement benefits. 7 * * * 8 Section 2. Be it further resolved that this proposed amendment shall be submitted 9 to the electors of the state of Louisiana at the statewide election to be held on October 14, 10 2017. 11 Section 3. Be it further resolved that on the official ballot to be used at the election, 12 there shall be printed a proposition, upon which the electors of the state shall be permitted 13 to vote YES or NO, to amend the Constitution of Louisiana, which proposition shall read as 14 follows: 15 Do you support an amendment that would dedicate any new tax levied on 16 gasoline, diesel, and special fuels into the Construction Subfund, which 17 solely shall be used for project delivery, construction, and maintenance of 18 transportation and capital transit infrastructure projects and not for funding 19 for the payment of employee wages and related benefits or employee 20 retirement benefits? (Amends Article VII, Section 27(B)) SPEAKER OF THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE Page 3 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions.