The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Martha S. Hess.
DIGEST
SB 285 Original 2020 Regular Session McMath
Present law provides, beginning July 1, 2017, that the treasurer shall deposit, from the avails of
certain sales and use taxes and inventory tax, into the Transportation Trust Fund (TTF) an amount
equal to the increase in general fund revenues that are certified by the Revenue Estimating
Conference as being attributable to the provisions of Act 257 of the 2015 RS, however, this amount
cannot exceed $100 million. Act 257 of the 2015 RS increased the base from mineral revenues of
the Budget Stabilization Fund from $850 million to $950 million.
Proposed law retains present law.
Present law provides that of the monies dedicated to the Transportation Trust Fund from certain sales
and use taxes and inventory tax, the money shall be deposited to the following funds and for the
following purposes:
(1)The first $70 million is to be deposited into the TTF to be used exclusively for state highway
pavement and bridge sustainability projects.
(2)After compliance with Paragraph (1), 93% shall be deposited into the TTF to be appropriated
as follows:
(a)Not less than 30% shall be dedicated to highway priority program projects to be
classified as capacity projects.
(b)25% to be used for port construction and development priority program projects.
(c)The remainder of the monies after compliance with Subparagraphs (2)(a) and (b)
shall be used exclusively for highway priority projects, specifically for state highway
pavement and bridge sustainability.
(3)After compliance with Paragraph (1), 7% of the remaining monies are to be deposited into
the TTF to be used exclusively for final design and construction and shall not be used for
studies.
Proposed law does not revise the provision that allocates the first $70 million to be used for state
highway pavement and bridge sustainability projects. Proposed law changes the deposit of funds into
the TTF after the first $70 million is deposited into the TTF for highway pavement and bridge
sustainability projects from 97% of the remaining monies to all of the remaining monies.
Proposed law changes the dedication of monies deposited into the TTF after the first $70 million is deposited into the TTF for highway priority program projects classified as capacity projects from
30% to 60%, and changes the percentage to be used for port construction and development priority
program projects from 25% to 30%. Ten percent shall be deposited into the TTF to be used
exclusively for final design and construction and shall not be used for studies.
Proposed law deletes the provision in present law which provides that the remainder of monies, after
the deposits for the highway priority program projects classified as capacity projects and the port
construction and development priority program projects, shall be used exclusively for state highway
pavement and bridge sustainability.
Effective August 1, 2020.
(Amends R.S. 48:77(B)(2); repeals R.S. 48:77(B)(3))