Louisiana 2022 2022 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 Engrossed	2022 Regular Session	Bishop
Provides for the capital outlay budget and program for FY 2022-2023; provides for the funding of
the capital outlays from the specified sources of monies in the specified amounts as follows: Federal Funds	$181,929,297
Federal Funds via Interagency Transfer	$37,907,173
Coastal Protection and Restoration Fund	$105,702,734
Natural Resources Restoration Trust Fund $866,405,382
Transportation Trust Fund (TTF) - Federal $984,550,550
Transportation Trust Fund (TTF) - Regular $116,341,133
Transportation Trust Fund (TTF) -
Construction Subfund
$195,800,000
Interagency Transfers	$37,871,000
Misc. Statutory Dedications	$41,635,000
Fees and Self-Generated Revenues	$88,395,000
Re-appropriated Cash	$10,794,626
Revenue Bonds	$69,890,000
TOTAL CASH PORTION	$2,737,221,895
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1	$1,104,534,536
Priority 2	$91,680,000
Priority 5	$3,337,881,253
TOTAL GENERAL OBLIGATIONS
BONDS	$4,534,095,789
GRAND TOTAL ALL MEANS OF
FINANCING	$7,271,317,684
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	$ 24,801,371
Priority 2	$        (23,913,000)
Priority 5	$        271,159,200