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 516 Engrossed 2021 Regular Session Zeringue
Appropriates supplemental funding and provides for means of financing substitutions and other
budgetary adjustments for Fiscal Year 2020-2021. Provides for net increases (decreases) as follows:
State General Fund (Direct) by $238,243,896; Interagency Transfers by ($35,099,381); Fees & Self-
generated Revenues by $37,309,389; Statutory Dedications by ($536,951,541); and Federal Funds
by ($195,489,249).
Appropriates $27,043,431 of State General Fund (Direct) of nonrecurring revenue out of the surplus
from Fiscal Year 2019-20 for the Unfunded Accrued Liability (UAL) in state retirement systems.
Proposed law provides that any appropriation to a local government entity contained in Act 45 of the
2020 Second Extraordinary Session for which a valid cooperative endeavor agreement exists
between the entity and the state treasury on June 30, 2021, shall be deemed a bona fide obligation
through December 31, 2021. Requires all other provisions of the cooperative endeavor agreement,
including reporting requirements, to be performed as agreed. Further provides that any appropriation
contained in proposed law shall be deemed a bona fide obligation.
Effective upon signature of the governor or lapse of time for gubernatorial action.
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Appropriations to the original
bill:
1. Provide that any appropriation to a local government entity contained in Act 45 of the
2020 Second Extraordinary Session for which a valid cooperative endeavor agreement
exists between the entity and the state treasury on June 30, 2021, shall be deemed a bona
fide obligation through December 31, 2021. Requires all other provisions of the
cooperative endeavor agreement, including reporting requirements, to be performed as
agreed.
2. Provide that any appropriation contained in proposed law shall be deemed a bona fide
obligation.
3. Increase appropriations as follows: State General Fund (Direct) by $211,200,465 and
Statutory Dedications by $195,364,605. 4. Decrease appropriations as follows: Interagency Transfers by ($41,572,761); Fees and
Self-generated Revenues by ($4,436,999); and Federal Funds by ($366,174,495).
5. Make technical changes.