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 Original 2024 Regular Session Emerson
Provides for the capital outlay budget and program for FY 2024-2025; provides for the funding of
the capital outlays from the specified sources of monies in the specified amounts as follows:
Federal Funds $549,391,539
Federal Funds via Interagency Transfer $46,290,000
Coastal Protection and Restoration Fund $96,781,486
Transportation Trust Fund (TTF) – Regular $146,033,464
Transportation Trust Fund (TTF) – Federal $1,325,000,000
Transportation Trust Fund (TTF) – Construction
Subfund $187,100,000
Construction Subfund Preservation $50,000,000
State Highway Improvement Fund $31,900,000
Interagency Transfers $61,695,115
Fees and Self-Generated Revenues $147,080,000
Re-appropriated Cash $12,526,925
Interest Earnings $ 5,000,000
State General Fund (Direct) $62,800,000
State General Fund (Direct) Non-Recurring
Revenues $211,500,000
TOTAL CASH PORTION $2,933,098,529
Authorizes the funding of certain capital outlay projects from the sale of general obligation bonds
for the projects delineated as follows:
Priority 1 $1,643,256,737
Priority 5 $5,734,616,297
TOTAL GENERAL OBLIGATION BONDS $7,377,873,034
BONDS NRP $12,957,432
GRAND TOTAL OF ALL MEANS OF FINANCING $10,323,928,995
Effective upon signature of the governor or lapse of time for gubernatorial action.