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 639 Reengrossed 2021 Regular Session Zeringue Abstract: Creates the Matching Assistance and Grants for Infrastructure and Construction Fund and the Hurricane and Storm Damage Risk Reduction System Repayment Fund to provide funding for state infrastructure programs and expenditures. Proposed law creates the Matching Assistance and Grants for Infrastructure and Construction Fund as a special fund in the state treasury. Proposed law creates the Matching Assistance and Grants for Infrastructure and Construction Program to administer monies from the fund. Proposed law provides that the program may provide funding for the following purposes: (1)To provide matching funds and other required local contributions to local governments for planning, design, construction, and maintenance connected with infrastructure projects. (2)To establish state programs to assist local governments with funding for infrastructure projects, including those for water, sewerage, and broadband projects. (3)To provide funding for coastal infrastructure, including hurricane protection and mitigation projects related to wetlands in the coastal area. (4)To provide the state share of matching funds for federal grants or other required contributions for the planning, design, construction, and maintenance connected with federal funding for infrastructure projects. (5)To finance any infrastructure programs which the federal government authorizes. (6)To provide for any other expenditure consistent with a federal infrastructure program. Proposed law creates the Hurricane and Storm Damage Risk Reduction System Repayment Fund as a special fund in the state treasury. Proposed law requires for Fiscal Years 2021-2022 and 2022-2023 that certain state taxes levied on the sale at retail, use, lease, rental, consumption, distribution, and storage for use or consumption of each item or article of tangible personal property, including remote sales, that are collected in the parishes of St. Charles, Jefferson, Plaquemines, St. Bernard, and Orleans to be deposited into the fund. Proposed law provides that money in the fund shall be used exclusively to make payments to the U.S. Army Corp of Engineers for costs associated with Hurricane and Storm Damage Risk Reduction System or to make debt service payments if the state issues general obligation bonds to fund the payments to the U.S. Army Corp of Engineers. Effective upon signature of governor or lapse of time for gubernatorial action. (Adds R.S. 39:100.122-100.124) Summary of Amendments Adopted by House The House Floor Amendments to the engrossed bill: 1. Creates the Hurricane and Storm Damage Risk Reduction System Repayment Fund and dedicates certain state sales taxes to the fund.