SLS 22RS-239 ENGROSSED 2022 Regular Session SENATE BILL NO. 138 BY SENATOR MORRIS FUNDS/FUNDING. Provides for the funding of certain projects from the Construction Subfund. (7/1/22) 1 AN ACT 2 To amend and reenact R.S. 48:77(C)(2)(c) and (E) and to enact R.S. 48:77(F), relative to the 3 funding of certain projects from the Construction Subfund of the Transportation 4 Trust Fund; to provide for an effective date; and to provide for related matters. 5 Be it enacted by the Legislature of Louisiana: 6 Section 1. R.S. 48:77(C)(2)(c) and (E) are hereby amended and reenacted and R.S. 7 48:77(F) is hereby enacted to read as follows: 8 ยง77. Transportation Trust Fund; dedication and uses of certain monies to the 9 Construction Subfund 10 * * * 11 C. The Department of Transportation and Development shall utilize up to 12 seventy-five percent of the monies deposited into the subfund pursuant to Subsection 13 A of this Section as follows: 14 * * * 15 (2) For cash managed capacity projects included in the highway priority 16 program pursuant to the Department of Transportation and Development's definition 17 of capacity projects, including but not limited to the following: Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 138 SLS 22RS-239 ENGROSSED 1 * * * 2 (c) Widening of LA 28 East to four lanes from Libuse to Hollway Holloway. 3 * * * 4 E. As authorized by Article VII, Section 27(B)(2) of the Constitution of 5 Louisiana, and notwithstanding any law or regulation to the contrary, the direct 6 costs associated with actual project delivery, construction, and maintenance of 7 local government projects listed or described in Subsections C and D of this 8 Section shall be funded with monies deposited into the subfund pursuant to the 9 provisions of this Section. 10 E.F. In any fiscal year, neither the state nor any agency shall issue debt in the 11 aggregate in excess of one hundred fifty million dollars that is secured by any monies 12 deposited into the subfund pursuant to the provisions of this Section. 13 Section 2. This Act shall become effective on July 1, 2022; if vetoed by the governor 14 and subsequently approved by the legislature, this Act shall become effective on the day 15 following such approval by the legislature or July 1, 2022, whichever is later. The original instrument was prepared by Martha Hess. The following digest, which does not constitute a part of the legislative instrument, was prepared by Archana Cadge. DIGEST SB 138 Engrossed 2022 Regular Session Morris Present law provides for the funding of certain listed or described transportation projects from the Construction Subfund of the Transportation Trust Fund. Proposed law retains present law. Proposed law provides that La. Const. Art. VII, Section 27(B)(2) allows for the direct costs associated with actual project delivery, construction, and maintenance of local government projects funded with monies deposited into the subfund. Effective July 1, 2022. (Amends R.S. 48:77(C)(2)(c) and (E); adds R.S. 48:77(F)) Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Transportation, Highways, and Public Works to the original bill 1. Clarifies that La. Const. Art. VII, Section 27(B)(2) allows for the direct costs associated with actual project delivery, construction, and maintenance of local government projects funded with monies deposited into the subfund. Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.