GREEN SHEET REDIGEST
HB 3 2018 Second Extraordinary Session Abramson
(KEYWORD, SUMMARY, AND DIGEST as amended by Senate committee
amendments)
CAPITAL OUTLAY: Provides for the Omnibus Bond Act (Item #9)
DIGEST
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.
Proposed law deems projects included in Section (1)(A) of HB No. 2 of the 2018 R.S. to
have timely submitted capital outlay budget request applications for FY 2018-2019 and to
have complied with the late approval requirements of present law. Further authorizes these
projects to be eligible for lines of credit for FY 2018-2019.
Proposed law deems projects included in Section (1)(B) of HB No. 2 of the 2018 R.S. to
have until June 30, 2018, to submit capital outlay budget request applications and if the
project application is submitted by that date, the project is deemed to have complied with late
approval requirements in present law.
Proposed law requires FP&C to include in reports submitted to the Joint Legislative
Committee on Capital Outlay (JLCCO) pursuant to present law, information regarding the
amount of local match required to be provided by a nonstate entity and whether the local
match requirement has been waived by FP&C. If a local match requirement has been waived
by FP&C, the report shall also include the rationale and basis for the waiver.
Effective upon signature of governor or lapse of time for gubernatorial action.
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Ways and Means to the
original bill:
1. Deem projects included in Section (1)(A) of HB No. 2 of the 2018 R.S. to have
timely submitted capital outlay budget request applications for FY 2018-2019 and
to have complied with the late approval requirements of present law.
2. Deem projects included in Section (1)(B) of HB No. 2 of the 2018 R.S. to have
until June 30, 2018, to submit capital outlay budget request applications and if
the project application is submitted by that date, the project is deemed to have
complied with late approval requirements in present law.
3. Require FP&C to revise the capital outlay application to include information
regarding the status of a project and the amount of any outstanding obligations
for the project.
4. Authorize DOTD to enter into a cooperative endeavor agreement with the New
Orleans Aviation Board for a project in Jefferson and Orleans Parishes.
Furthermore, requires the application for the project submitted by New Orleans
to govern the scope of the project.
5. Require FP&C to include in reports submitted to the JLCCO, information
regarding the amount of local match required to be provided by a nonstate entity
and whether the local match requirement has been waived by FP&C.
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Prepared by Martha Hess. 6. Specify the process for Fiscal Year 2018-2019 for submission of and approval of
line of credit recommendations to the SBC.
The House Floor Amendments to the engrossed bill:
1. Delete authorization for DOTD to enter into a cooperative endeavor agreement
with the New Orleans Aviation Board for a project in Jefferson and Orleans
Parishes. Furthermore, deletes requirement that the application for the project
submitted by New Orleans govern the scope of the project.
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Revenue and Fiscal Affairs
to the reengrossed bill
1. Deletes provisions specifying the process for Fiscal Year 2018-2019 for
submission of and approval of line of credit recommendations to the SBC.
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Prepared by Martha Hess.