This amendment updates the funding amounts for state construction projects by changing how much money comes from bonds and various cash sources.
Louisiana2026Enacted
HB2
Louisiana Capital Outlay Budget for Fiscal Year 2026-2027
Last scannedAug 25, 2026, 3:26 AM
In one sentence
This law sets the spending plan and funding rules for state construction projects in Louisiana starting July 1, 2026.
What it does
- Sets aside money from state funds, federal sources, self-generated revenues, and bonds to pay for building and repair projects.
- Ranks all approved projects by priority so higher-ranked items get funded before lower ones under the general rule.
- Allows the State Bond Commission to delay funding or skip a project if market conditions, legal issues, or other factors make it impossible or impractical.
- Permits moving a project to a higher rank only during an emergency or unexpected event with approval from the Interim Emergency Board and the legislature.
- Lets agencies keep money for planning, acquisition, construction, and major repair until a project is finished, even after the fiscal year ends.
Who it affects
- State government departments and agencies in Louisiana
- The State Bond Commission and Interim Emergency Board
- Public entities that manage state-funded infrastructure projects
Limits and unknowns
- Federal money can only be spent if it has been officially promised to Louisiana.
- The text provided is incomplete, so specific details about Priority 5 exceptions are not fully listed here.
- Funding for projects depends on the availability of bond sales and current financial market conditions.
Plain language
Terms to know
- Capital Outlay
- Money spent to build, buy land for, or fix large public structures like schools and roads.
- General Obligation Bonds
- Loans the state takes out that are paid back using money from a special fund secured by taxes.
- Interim Emergency Board
- A group of lawmakers who can change project priorities or fix mistakes in the budget plan between legislative sessions, subject to legislature approval.
Official record
Sources
Official summary
CAPITAL OUTLAY: Provides for the comprehensive Capital Outlay budget
Official activity
Bill history
- Effective date: 07/01/2026.H
- Signed by the Governor with one or more line-item vetoes. Becomes Act No. 4.H
- Sent to the Governor for executive approval.H
- Signed by the President of the Senate.S
- Enrolled and signed by the Speaker of the House.H
- Read by title, roll called, yeas 102, nays 0, Senate amendments concurred in.H
- Called from the calendar.H
- Read by title, returned to the calendar.H
- Scheduled for concurrence on 05/29/2026.H
- Received from the Senate with amendments.H
- Rules suspended. Senate floor amendments read and adopted. Read by title, passed by a vote of 38 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.S
- Read by title; made Special Order of the Day No. 9 for 5/26.S
- Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.S
- Rules suspended. Reported with amendments. Rules suspended. Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.S
- Read by title. Recommitted to the Committee on Finance.S
- Senate Committee amendments read and adopted.S
- Rules suspended.S
- Read second time by title and referred to the Committee on Revenue and Fiscal Affairs.S
- Received in the Senate. Read first time by title and placed on the Calendar for a second reading.S
- Read third time by title, roll called on final passage, yeas 103, nays 0. Finally passed, title adopted, ordered to the Senate.H
Changes
Amendments
11 stored
This amendment records that the House voted to agree with changes made by the Senate to HB 2, which is a bill about spending money on capital projects.
This amendment changes the total funding amounts and specific money sources for many construction projects listed in House Bill No. 2.
This amendment changes the total funding amounts and payment sources for many specific construction projects listed in House Bill No. 2.
This amendment updates the state's capital budget by changing funding amounts for various projects and adding new money specifically for transportation improvements like bridges, canals, and rail systems.
This amendment updates the Capital Outlay budget by changing specific dollar amounts for various projects and adding new funding lines for transportation improvements.
This amendment adds specific language to three parts of a budget bill to label certain funding sources as 'Non-Recurring' or to specify that payments come from non-recurring state revenues.
This amendment removes several previous budget changes and updates specific funding amounts, project names, and payment sources for various state construction projects.
This amendment updates the state budget by changing specific dollar amounts for various construction and infrastructure projects while adding new funding lines for highways and sports facilities.
This amendment updates the state capital budget by changing specific dollar amounts for various projects and adding new funding sources like federal funds and transportation savings.
This amendment updates House Bill No. 2 by changing specific dollar amounts for various state projects and adding new funding lines for economic development, university housing, stadium repairs, and library restoration.