The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Curry Lann. DIGEST SB 132 Original 2023 Regular Session Reese Present law authorizes a university, higher education facility, or consortium to undertake any new construction, maintenance, or repair project not exceeding $5,000,000 solely funded from self- generated revenues, grants, donations, or local or federal funds without being included in the Capital Outlay Bill provided the project is approved by the appropriate governing board or management board; the Board of Regents; the division of administration, office of facility planning and control; and the Joint Legislative Committee on the Budget. Proposed law increases the maximum threshold from $5,000,000 to $10,000,000 and otherwise retains present law. Effective August 1, 2023. (Amends R.S. 39:128(B)(4)(a)(i))