Louisiana 2020 2020 Regular Session

Louisiana House Bill HB97 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 12 (HB 97) 2020 Regular Session	LaCombe
Existing law requires the governor to submit his capital outlay budget which implements the
first year of the five-year capital outlay program and the bond authorization bill for the sale
of bonds to fund projects included in the bond portion of the capital outlay bill to the
legislature no later than the eighth day of each regular session.
Existing law requires nonstate entities applying for capital outlay funding to provide a match
of not less than 25% of the total requested funding amount with the following exceptions:
(1)Projects deemed to be an emergency by the commissioner.
(2)Projects for which a nonstate entity has demonstrated its inability to provide a local
match.
Prior law also exempted projects for rural water systems that serviced less than 1,000
customers to extend or connect waterlines to other water systems from the local match
requirement.
New law removes the limitation that, in order for a rural water system project to be exempt
from its local match requirement, the project must extend or connect waterlines to other
water systems and increases the number of customers a rural water system may service from
1,000 to 1,250 in order to be eligible for the local match requirement.
New law is applicable to the funding of all nonstate entity projects included in the capital
outlay budget for fiscal years commencing on and after July 1, 2020.
Effective upon signature of governor (June 4, 2020).
(Amends R.S. 39:112(E)(2)(c))