RÉSUMÉ DIGEST
ACT 2 (HB 2) 2020 First Extraordinary Session Bishop
Provides for the capital outlay budget and program for FY 2020-2021; provides for the
funding of the capital outlays from the specified sources of monies in the specified amounts
as follows:
State General Fund (Direct) Non-Recurring Revenues $ 178,193,343
Federal Funds $ 387,978,040
Coastal Protection and Restoration Fund $ 281,239,945
Natural Resources Restoration Trust Fund $ 367,748,669
Transportation Trust Fund (TTF) - Federal $ 650,920,223
Transportation Trust Fund (TTF) - Regular $ 178,002,235
Interagency Transfers $ 93,836,000
Misc. Statutory Dedications $ 39,272,948
Fees and Self-Generated Revenues $ 97,485,000
Reappropriated Cash $ 10,000,000
Interest Earnings $ 5,000,000
Revenue Bonds $ 28,690,000
TOTAL CASH PORTION $ 2,318,366,403
Authorizes the funding of certain capital outlay projects from the sale of general obligation
bonds for the projects delineated as follows:
Priority 1 $ 685,781,042
Priority 2 $ 194,176,400
Priority 5 $ 2,384,532,850
TOTAL GENERAL OBLIGATIONS BONDS $ 3,264,490,292
BONDS NRP $ 714,698
GRAND TOTAL ALL MEANS OF FINANCING $ 5,583,571,393
Provides for the implementation of a five-year capital improvement program; provides for
the repeal of certain prior bond authorizations; provides for new bond authorizations;
provides for authorization and sale of such bonds by the State Bond Commission; and
provides for related matters.
Effective upon signature of the governor (June 26, 2020).