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 Reengrossed 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 $41,407,173
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 $116,606,689
Transportation Trust Fund (TTF) -
Construction Subfund
$238,300,000
Interagency Transfers $37,871,000
Misc. Statutory Dedications $41,635,000
Fees and Self-Generated Revenues $108,395,000
Re-appropriated Cash $10,794,626
Revenue Bonds $69,890,000
State General Fund (Direct) Non-
Recurring Revenues
$301,674,500 Capital Outlay Savings Fund $26,500,000
Louisiana Rescue Plan Fund $237,500,000
TOTAL CASH PORTION $3,369,161,951
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 $7,903,257,740
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
The Committee Amendments Proposed by House Committee on Appropriations to the engrossed
bill:
1. Changes the cash portion of funding as follows:
State General Fund (Direct) Non-Recurring $ 301,674,500
Capital Outlay Savings Fund $ 26,500,000
Louisiana Rescue Plan Fund $ 237,500,000 Federal Funds via Interagency Transfer $ 3,500,000
Transportation Trust Fund (TTF) - Construction Subfund$ 42,500,000
Transportation Trust Fund (TTF) - Regular $ 265,556