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 Re-Reengrossed 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 $145,523,533
Federal Funds	$282,802,185
Federal Funds via Interagency Transfer	$ 4,750,500
Coastal Protection and Restoration Fund	$46,204,703
Natural Resources Restoration Trust Fund	$162,035,577
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	$111,347,320
Misc. Statutory Dedications	$35,575,000
Fees and Self-Generated Revenues	$70,527,500
Reappropriated Cash	$ 419,730
Interest Earnings	$ 5,000,000
Revenue Bonds	$69,890,000
TOTAL CASH PORTION	$1,812,886,088
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1	$ 853,321,268
Priority 2	$102,001,600
Priority 5	$  2,293,859,970
TOTAL GENERAL OBLIGATIONS BONDS	$  3,249,182,838
BONDS NRP$         6,170,953
GRAND TOTAL ALL MEANS OF FINANCING	$  5,068,239,879
Summary of Amendments Adopted by House The Committee Amendments Proposed by House Committee on Ways and Means to the original
bill:
1. Changes General Obligation Bond funding as follows:
Priority 1	$ 22,866,142
Priority 2	$  7,789,500
Priority 5	$      (197,795,050)
 
The Committee Amendments Proposed by House Committee on Appropriations to the engrossed
bill:
1. Changes funding to the cash portion as follows:
State General Fund (Direct) Non-Recurring Revenues $       (34,083,849)
Fees and Self-Generated Revenues	$  2,000,000
Interagency Transfers	$          94,468,000
Federal Funds	$        (12,260,093)
Federal Funds via Interagency Transfer	$     600,000
Revenue Bonds	$  6,000,000
Coastal Protection and Restoration Fund	$          25,868,227
Natural Resources Restoration Trust Fund	$  2,600,000
 
The House Floor Amendments to the reengrossed bill:
1. Changes General Obligation Bond funding as follows:
Priority 1	$        (16,236,730)
Priority 2	$          (1,240,000)
Priority 5	$        187,315,120
  2. Changes funding to the cash portion as follows:
State General Fund (Direct) Non-Recurring Revenues $            3,825,000