LEGISLATIVE FISCAL OFFICE
Fiscal Note
Fiscal Note On: HB 162 HLS 24RS 31
Bill Text Version: ENROLLED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: May 15, 2024 1:55 PM Author: BEAULLIEU
Dept./Agy.: Statewide
Subject: Capital Outlay Savings Fund Analyst: Kimberly Fruge
CAPITAL OUTLAY EN NO IMPACT See Note Page 1 of 1
Limits the withdrawal of monies from the Capital Outlay Savings Fund for capital outlay projects
Proposed law limits the withdrawal of monies from the Capital Outlay Savings Fund to capital outlay projects for which a
specific appropriation is made in a bill enacted by the legislature.
EXPENDITURES 2024-25 2025-26 2026-27 2027-28 2028-29 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
REVENUES 2024-25 2025-26 2026-27 2027-28 2028-29 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
EXPENDITURE EXPLANATION
There is no anticipated direct material effect on governmental expenditures as a result of this measure. Proposed law limits
the withdrawal of monies from the Capital Outlay Savings Fund to fund capital outlay projects for which a specific
appropriation is made in a bill enacted by the legislature. Proposed law does not place a limit on the expenditure of monies
from the fund but changes the timing of when monies can be appropriated out of the fund.
REVENUE EXPLANATION
There is no anticipated direct material effect on governmental revenues as a result of this measure.
Senate Dual Referral Rules House
13.5.1 >= $100,000 Annual Fiscal Cost {S & H} 6.8(F)(1) >= $100,000 SGF Fiscal Cost {H & S}
Patrice Thomas
13.5.2 >= $500,000 Annual Tax or Fee 6.8(G) >= $500,000 Tax or Fee Increase
Change {S & H} or a Net Fee Decrease {S} Deputy Fiscal Officer


Statutes affected:
HB162 Original: 39:121(B)(1)
HB162 Engrossed: 39:121(B)(1)
HB162 Enrolled: 39:121(B)(1)