GREEN SHEET REDIGEST
HB 381 2024 Regular Session Braud
TRANSPORTATION DEPT: Provides relative to Department of Transportation and
Development spending
DIGEST
Proposed law allows for windfall proceeds in connection with the Belle Chasse public-
private partnership to be spent by the department to do the following:
(1)Reduce toll rates on the project.
(2)To pay amounts owed to the developer for exercising the department's early
handback option.
(3)To pay any annual consumer price index (CPI) buy-down payment amounts.
(4)For department projects or improvements within any area identified in the contract
for any alternative facility.
(5)For any ways identified in contract amendments to which both parties to the public-
private partnership contract agree.
(Adds R.S. 48:250.4.2)
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Transportation,
Highways, and Public Works to the engrossed bill
1. Specifies applicable to Belle Chase.
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Prepared by Archana Cadge.