This bill amends the capital outlay process in Louisiana, specifically addressing the requirements for matching funds for nonstate capital outlay projects. It raises the population threshold for parishes eligible for a waiver of the matching funds requirement from 7,500 to 12,000 residents. Additionally, the bill stipulates that when determining the population of a municipality or parish for waiver eligibility, the count will exclude correctional facility inmates committed to various correctional agencies. The division of administration is tasked with identifying which municipalities and parishes meet these new population qualifications.
The provisions of this act will apply to nonstate entity projects included in the capital outlay budget for fiscal years starting on or after July 1, 2025, and ending on or before June 30, 2027. This legislative change aims to provide greater flexibility and support for municipalities and parishes that demonstrate an inability to provide local matching funds for their capital projects.
Statutes affected: HB857 Original: 39:112(E)(2)
HB857 Engrossed: 39:112(E)(2)
HB857 Reengrossed: 39:112(E)(2)
HB857 Enrolled: 39:112(E)(2)
HB857 Act 741: 39:112(E)(2)