RÉSUMÉ DIGEST
ACT 776 (HB 782) 2024 Regular Session McFarland
New law 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).
New law 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.
New law 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.
New law appropriates $4,700,000 of State General Fund (Direct) for judgments against the
state of Louisiana.
New law 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.
New law provides that any appropriation contained in new law shall be deemed a bona fide
obligation through June 30, 2025.
Effective upon signature of the governor or (June 19, 2024).
VETO MESSAGE:
"Please allow this letter to inform you that I have signed House Bill No. 782 of the 2024
Regular Session of the Legislature. The enrolled House Bill No. 782 contains over 600
appropriations totaling over $90 million including many to Non-Governmental Organizations
(NGOs). We reviewed these appropriations to determine if they serve an appropriate
government function and if the appropriation was an efficient and effective use of state
resources. Prior to next legislative session, we plan to work with the legislature to develop
criteria for what type of NGO requests represent the best use of our scarce state resources.
Based on our review, I have exercised my line item veto authority granted to me to veto 16
items.
I have exercised my line item veto authority as follows:
Veto No. 1 Delete Lines 19-20 on Page 28 of 82
Veto No. 2 Delete Lines 24-27 on Page 30 of 82
Veto No. 3 Delete Lines 40-44 on Page 31 of 82
Veto No. 4 Delete Lines 7-9 on Page 40 of 82
Veto No. 5 Delete Lines 13-15 on Page 40 of 82
Veto No. 6 Delete Lines 19-21 on Page 40 of 82
Veto No. 7 Delete Lines 22-24, on Page 40 of 82
Veto No. 8 Delete Lines 25-27 on Page 43 of 82
Veto No. 9 Delete Lines 32-34, on Page 43 of 82
Veto No. 10 Delete Lines 36-38 on Page 45 of 82
Veto No. 11 Delete Lines 39-41 on Page 45 of 82
Veto No. 12 Delete Lines 41-42 on Page 46 of 82
Veto No. 13 Delete Lines 4-5 on Page 47 of 82
Veto No. 14 Delete Lines 11-12 on Page 50 of 82
Veto No. 15 Delete Lines 7-9 on Page 65 of 82
Veto No. 16 Delete Lines 16-18 on Page 65 of 82
Enclosed if a copy of the signed version of House Bill No. 781. I have sent the original to
the Secretary of State."