House Bill No. [insert bill number] establishes the capital outlay budget and program for Louisiana for the fiscal year 2025-2026, detailing the appropriation of funds from various sources, including federal funds and self-generated revenues, for specific infrastructure projects and improvements. The bill emphasizes prioritizing projects based on their funding sources, particularly general obligation bonds, and sets a framework for managing the funding process. It includes provisions for reauthorizing previously granted funding and guidelines for elevating projects between priority levels in response to emergencies or impracticalities. Notable new appropriations include $1,200,000 for the Chief Justice Pascal F. Calogero, Jr. Courthouse and $30,000,000 for State Office Buildings Major Repairs, among others.
The bill outlines significant funding allocations for various infrastructure projects across Louisiana, with a total proposed funding amount exceeding $3 billion. Key projects include $188 million for I-49 South improvements, $44.5 million for the Earhart/Causeway Interchange, and $60.5 million for Verot School Road widening. Additionally, it introduces new funding provisions such as $36 million for a Non-Federal Aid Eligible Highway Program and $20 million for a Statewide Flood Control Program. The bill also allows for the financing of certain projects through revenue bonds and extends deadlines for capital outlay budget requests. Overall, the legislation aims to enhance infrastructure and community services while ensuring accountability and oversight in the management of capital outlay projects.