House Bill No. 347, introduced by Representative Gadberry and Senator Womack, amends R.S. 39:126 to modify the approval thresholds for change orders related to projects under the Capital Outlay Act. The bill increases the threshold amount that requires prior approval from the Joint Legislative Committee on the Budget (JLCB) from $100,000 to $250,000 per month. Additionally, it raises the threshold for change orders that must be submitted for review by the JLCB from amounts exceeding $50,000 but less than $100,000 to those exceeding $50,000 but less than $250,000.

The changes aim to streamline the approval process for capital outlay projects by allowing for larger change orders without the need for JLCB approval, while still ensuring that significant expenditures are reviewed. The bill will take effect upon the governor's signature or after the designated time for gubernatorial action if not signed.

Statutes affected:
HB347 Original: