Federal Funds $164,814,831
Federal Funds via Interagency Transfer $76,471,000
Coastal Protection and Restoration Fund $117,401,878
Natural Resources Restoration Trust Fund $444,000,000
Transportation Trust Fund (TTF) - Regular $459,874,794
Transportation Trust Fund (TTF) - Federal $984,550,550
Transportation Trust Fund (TTF) - Construction
Subfund $190,300,000
Megaprojects Leverage Fund $200,000,000
State Highway Improvement Fund $33,400,000
Capital Outlay Savings Fund $49,927,000
Interagency Transfers $93,989,400
Fees and Self-Generated Revenues $132,500,000
Re-appropriated Cash $1,039,496
Revenue Bonds $205,000,000
Interest Earnings $900,000
State General Fund (Direct) Non-Recurring
Revenues $421,645,085
TOTAL CASH PORTION $3,575,814,034
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 Re-Reengrossed 2023 Regular Session Bishop
Provides for the capital outlay budget and program for FY 2023-2024; provides for the
funding of the capital outlays from the specified sources of monies in the specified amounts
as follows:
Authorizes the funding of certain capital outlay projects from the sale of general obligation
bonds for the projects delineated as follows:
Priority 1 $1,491,847,071
Priority 2 $91,218,000
Priority 5 $5,548,377,652
TOTAL GENERAL OBLIGATION BONDS $7,131,442,723
BONDS NRP $2,800,463
GRAND TOTAL OF ALL MEANS OF FINANCING $10,710,057,220
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 Ways and Means to the
original bill:
1. Change General Obligation Bond funding as follows:
Priority 1 $ 85,733,315
Priority 2 $ 24,055,000
Priority 5 $ 1,105,239,965 The Committee Amendments Proposed by House Committee on Appropriations to the
engrossed bill:
1. Change the cash portion as follows:
State General Fund (Direct) Non-Recurring Revenues $ 50,833,250
State General Fund (Direct) $ (340,000,000)
Capital Outlay Savings Fund $ 42,535,000
Fees and Self-Generated Revenues $ 1,000,000
Interagency Transfers $ 10,000,000
Transportation Trust Fund (TTF) - Regular $ 427,900,000
Transportation Trust Fund (TTF) - Federal $ 984,550,550
Transportation Trust Fund (TTF) - Construction Subfund$ 40,300,000
Federal Funds $ 4,500,000
State Highway Improvement Fund $ 33,400,000
The House Floor Amendments to the reengrossed bill:
1. Change General Obligation Bond funding as follows:
Priority 1 $ 24,250,000
Priority 2 $ (2,490,000)
Priority 5 $ 95,745,000
2. Change the cash portion as follows:
State General Fund (Direct) Non-Recurring Revenues $ 240,000
Capital Outlay Savings Fund $ 7,392,000
Revenue Bonds $ 84,722,000