House Bill No. [insert 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 capital outlay projects. The bill emphasizes a priority system for project funding, allowing lower priority projects to be funded only under specific conditions, such as emergencies. It includes significant appropriations for infrastructure projects, including repairs and renovations of state buildings, community programs, and disaster recovery efforts, while mandating legislative approval for any adjustments to project descriptions or priorities to ensure oversight and accountability.
The bill introduces substantial funding increases for various projects, such as $4 million for the Atchafalaya Basin Protection and Enhancement project and $20 million for the Larose to Golden Meadow Hurricane Protection Project. It also allocates $75 million for deferred maintenance on public postsecondary educational institutions and includes new funding for military readiness centers and state parks. Additionally, the bill specifies funding for transportation and public improvement projects, with notable allocations for road transfers, bridge replacements, and highway improvements, reflecting a comprehensive approach to enhancing Louisiana's infrastructure and addressing critical needs across multiple sectors.