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 Re-Reengrossed 2018 Regular Session Abramson
Provides for the capital outlay budget and program for FY 2018-2019; provides for the funding of
the capital outlays from the specified sources of monies in the specified amounts as follows:
Federal Funds $ 69,035,800
Transportation Trust Fund (TTF) - Federal $ 641,559,651
Transportation Trust Fund (TTF) - Regular $ 179,988,350
Interagency Transfers $ 9,184,843
Interest Earnings $ 5,000,000
General Fund (Direct) Non-Recurring $ 79,702,974
Misc. Statutory Dedications $ 348,774,500
Fees and Self-Generated Revenues $ 59,922,000
Reappropriated Cash $ 2,116,892
Revenue Bonds $ 281,990,000
TOTAL CASH PORTION $1,677,275,010 Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1 $ 631,480,750
Priority 2 $ 100,142,400
Priority 5 $1,013,379,550
TOTAL GENERAL OBLIGATIONS BONDS $1,745,002,700
BONDS NRP/RBP $ 1,247,887
GRAND TOTAL ALL MEANS OF FINANCING $3,423,525,597
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 $ 7,237,400
Priority 2 $ 48,293,900
Priority 5 $ 106,423,300
2. Added Revenue Bonds $ 253,000,000
The Committee Amendments Proposed by House Committee on Appropriations to the engrossed
bill:
1. Added funding to the cash portion as follows:
Interest Earnings $ 5,000,000
General Fund (Direct) Non-Recurring $ 79,702,974
The House Floor Amendments to the reengrossed bill:
1. Changed General Obligation Bond funding as follows:
Priority 1 $ 11,862,100
Priority 2 $ 4,348,500
Priority 5 $ 20,487,900