Louisiana 2021 2021 Regular Session

Louisiana House Bill HB2 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)]
HB 2 Original	2021 Regular Session	Bishop
Provides for the capital outlay budget and program for FY 2021-2022; provides for the funding of
the capital outlays from the specified sources of monies in the specified amounts as follows:
State General Fund (Direct) Non-Recurring Revenues $175,782,382
Federal Funds	$295,062,278
Federal Funds via Interagency Transfer	$ 4,150,500
Coastal Protection and Restoration Fund	$20,336,476
Natural Resources Restoration Trust Fund	$159,435,577
Transportation Trust Fund (TTF) - Federal	$682,920,224
Transportation Trust Fund (TTF) - Regular	$164,556,483
Transportation Trust Fund (TTF) - Construction Subfund$31,333,333
Interagency Transfers	$16,879,320
Misc. Statutory Dedications	$35,575,000
Fees and Self-Generated Revenues	$68,527,500
Reappropriated Cash	$ 419,730
Interest Earnings	$ 5,000,000
Revenue Bonds	$63,890,000
TOTAL CASH PORTION	$1,723,868,803
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1	$ 846,691,856
Priority 2	$95,452,100
Priority 5	$  2,304,339,900
TOTAL GENERAL OBLIGATIONS BONDS	$  3,246,483,856
BONDS NRP$	6,170,953
GRAND TOTAL ALL MEANS OF FINANCING	$  4,976,523,612