Louisiana 2024 2024 Regular Session

Louisiana House Bill HB782 Comm Sub / Analysis

                    SSHB782 4448 5333
HOUSE SUMMARY OF SENATE AMENDMENTS
House Bill No. 782 by Representative McFarland
APPROPRIATIONS/SUPPLEML:  Makes supplemental appropriations for Fiscal Year
2023-2024
Synopsis of Senate Amendments
1.Provide for net increases (decreases) in appropriations as follows: $41,022,246
in State General Fund (Direct), ($10,815,112) in Statutory Dedications,
$1,055,000 in Fees and Self-generated Revenues, and $400,000 in Federal
Funds.
2.Provides that certain appropriations in prior Acts to certain local entities which
have a valid cooperative endeavor agreement are deemed a bona fide obligation
through June 30, 2025.
3.Appropriates $2,000,000 of State General Fund (Direct) for judgments against
the state of Louisiana.
4.Appropriates ($500,000) of State General Fund (Direct) of non-recurring
revenue out of the surplus from Fiscal Year 2022-2023 for certain capital outlay
projects. Additionally appropriates $8,080,150 of State General Fund (Direct)
of recurring revenue from Fiscal Year 2023-2024 for certain capital outlay
projects.
Digest of Bill as Finally Passed by Senate
Appropriates supplemental funding and provides for means of financing substitutions and
other budgetary adjustments for Fiscal Year 2023-2024. Provides for net increases
(decreases) as follows: State General Fund (Direct) by $8,408,083; Interagency Transfers by
$2,774,288; Fees and Self-generated Revenues by $33,057,745; Statutory Dedications by
$221,790,581; and Federal Funds by ($495,755,877).
Appropriates $32,543,744 of State General Fund (Direct) of non-recurring revenue out of the
surplus from Fiscal Year 2022-2023 for the Initial Unfunded Accrued Liability in state
retirement systems.
Appropriates $8,586,000 of State General Fund (Direct) of non-recurring revenue out of the
surplus from Fiscal Year 2022-2023 for certain capital outlay projects. Additionally
appropriates $9,830,150 of State General Fund (Direct) of recurring revenue from Fiscal
Year 2023-2024 for certain capital outlay projects.
Appropriates $4,700,000 of State General Fund (Direct) for judgments against the state of
Louisiana.
Provides that certain appropriations in prior Acts to certain local entities which have a valid
cooperative endeavor agreement are deemed a bona fide obligation through June 30, 2025.
Provides that any appropriation contained in proposed law shall be deemed a bona fide
obligation through June 30, 2025.
Effective upon signature of the governor or lapse of time for gubernatorial action.
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