RDCSB249 1194 3508
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)]
SB 249 Engrossed 2017 Regular Session Chabert
Proposed law provides that, beginning with FY 2022, a portion of the total federal revenues
received by the state generated from Outer Continental Shelf oil and gas activity shall be
allocated solely for hurricane protection projects, including operation and maintenance, that
are included in or consistent with the master plan as follows:
(i) For FY 2022 through 2024, a minimum of 40%.
(ii) For FY 2025 through 2027, a minimum of 45%.
(iii) For FY 2028 and subsequent fiscal years, a minimum of 50%.
Proposed law further provides that, if the total federal revenues received by the state
generated from Outer Continental Shelf oil and gas activity are less than one hundred million
dollars in any fiscal year, then the minimum allocations shall not apply.
Proposed law authorizes the Coastal Protection and Restoration Authority to offset the funds
allocated for hurricane protection projects in proposed law with funds from other available
sources.
Proposed law provides that if the Coastal Protection and Restoration Authority is unable to
meet the allocations in proposed law in any fiscal year, the authority may modify the
allocation for that fiscal year, subject to prior approval of the Coastal Protection and
Restoration Authority Board and the Joint Legislative Committee on the Budget.
Effective July 1, 2017.
(Adds R.S. 49:214.5.4(E)(5))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Finance to the original
bill
1. Deletes provisions providing that eighty-five percent of the federal revenues
that are received by the state generated from Outer Continental Shelf oil and
gas activity for the previous fiscal year shall be disbursed annually to
primary levee districts for the purpose of hurricane protection in accordance
with particular formulas. Further deletes provisions requiring the Coastal
Protection and Restoration Authority Board to modify its annual plan to
account for these disbursements.
2. Provides that, beginning with FY 2022, a portion of the total federal revenues
received by the state generated from Outer Continental Shelf oil and gas
activity shall be dedicated solely for hurricane protection projects, including
operation and maintenance, that are included in or consistent with the master
plan as follows:
(i) For FY 2022 through 2024, a minimum of thirty-five percent.
(ii) For FY 2025 through 2027, a minimum of forty percent.
(iii) For FY 2028 through 2030, a minimum of forty-five percent.
(iv) For FY 2031 and subsequent fiscal years, a minimum of fifty percent.
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However, if the total federal revenues received by the state generated from
Outer Continental Shelf oil and gas activity are less than one hundred million
dollars in any fiscal year, then the minimum dedications shall not apply.
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Appropriations to the
engrossed bill:
1. Specify that proposed law provides for allocations rather than dedications of
certain revenues for hurricane protection projects.
2. Change the allocation percentages for hurricane protection projects.
3. Provide modification of the allocation of revenue, with certain approvals, if the
Coastal Protection and Restoration Authority is unable to meet the allocations in
proposed law in any fiscal year.
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