Louisiana 2020 2020 2nd Special Session

Louisiana Senate Bill SB50 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
SB 50	2020 Second Extraordinary Session Allain
Prior law provided that no work shall commence and no contract shall be entered into for
any project contained in the capital outlay act unless and until funds are available from the
cash sources indicated in the act or from the sale of bonds or from a line of credit approved
by the State Bond Commission, except contracts for Dept. of Transportation and
Development projects which are subject to the provisions of prior law relative to the
department's cash management plan. New law retains prior law.
New law provides that state-owned projects planned for the fiscal year in which an
appropriation has been made shall be commenced in that fiscal year and the administering
agencies shall diligently commence work on those projects in accordance with the provisions
of the annual capital outlay act, Titles 38, 39, and 48 of the La. Revised Statutes of 1950 and
any other applicable statutory provision.
New law further provides that if a project cannot be commenced within the fiscal year for
which it is planned, the administering agency shall file with the project records a public
statement as to the factors causing the delay. The administering agency shall send a copy of
the public statement regarding the cause of the delay and notice when the delaying factors
have been overcome no later than Feb. 1 each year, to the Joint Legislative Committee on
Capital Outlay and to each senator and representative in whose district the project is located.
When the cause of the delay has been cured the administering agency shall commence the
work immediately and expeditiously.
Effective upon signature of the governor (October 28, 2020).
(Amends R.S. 39:122(A))