House Bill No. [insert bill number] establishes the capital outlay budget and program for Louisiana for the fiscal year 2024-2025, detailing the appropriation of funds from various sources, including federal funds and self-generated revenues, for specific infrastructure projects. The bill prioritizes funding based on project urgency, with Priority 1 focusing on previously authorized projects and Priority 5 limited to those that do not require cash expenditures during the fiscal year. It introduces new funding amounts for significant projects, including $75 million for deferred maintenance on public postsecondary educational institutions and $465 million from federal funds for coastal protection initiatives. The bill also outlines procedures for adjusting project descriptions and priorities, ensuring legislative oversight and accountability.

Additionally, the bill includes provisions for the management of funds through a Comprehensive Capital Outlay Escrow Account and allows for the transfer of projects between agencies. It specifies that the Department of Economic Development can utilize cooperative endeavor agreements for economic development projects, streamlining the process by exempting certain expenditures from public bidding requirements. The bill amends appropriations for specific projects, such as the Odyssey House Louisiana Gambling Treatment Center, and mandates that all non-state projects involving water systems must include a rate study. Overall, the legislation aims to enhance infrastructure development and economic growth in Louisiana while ensuring compliance with existing laws and regulations.