Louisiana 2019 2019 Regular Session

Louisiana House Bill HB3 Comm Sub / Analysis

                    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)]
CONFERENCE COMMITTEE REP ORT DIGEST
HB 3	2019 Regular Session	Abramson
Keyword and oneliner of the instrument as it left the House
CAPITAL OUTLAY:  Provides for the Omnibus Bond Act
Report adopts Senate amendments to:
1. Delete requirement that FP&C revise the capital outlay application to include information
regarding the status of a project and the amount of any outstanding obligations for the
project.
2. Delete requirement that FP&C include in reports submitted to the JLCCO, information
regarding the amount of local match required by a nonstate entity and whether the local
match requirement has been waived by FP&C.
3. Delete provision specifying the process for Fiscal Year 2019-2020 for submission of and
approval of line of credit recommendations to the SBC.
Report amends the bill to:
1. Change the date for projects with general obligation bond appropriations to submit  late
applications from June 30, 2019, to June 15, 2019, for the project application to be deemed
to have been timely submitted and for the project to have complied with late approval
requirements in present law.
3. Extends the late submission approval in proposed law to projects with general obligation
bond appropriations and state general fund (direct) non-recurring revenues..
Digest of the bill as proposed by the Conference Committee
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 of HB No. 2 of the 2019 R.S. with appropriations
payable from General Obligation  Bonds or State General Fund (Direct) Non-Recurring Revenues
to have until June 15, 2019, 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.  Further provides that capital outlay budget requests and supporting
documents for projects which did not meet the Nov. 1, 2018, application deadline that comply with
the provisions of proposed law shall be deemed to be in compliance with present constitution
requirements regarding feasibility studies.
Proposed law provides that State General Fund (Direct) Non-Recurring Revenues that have been
appropriated for any project in the capital outlay bill that is not funded as a result of not complying
with the application and notice deadline to revert to the Highway Priority Program.
Effective upon signature of governor or lapse of time for gubernatorial action.