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State capital construction bill reported do pass with S13 projects and transfer from LISRA
Summary
The House Appropriations Committee approved 25 LSO 0556, the State Funded Capital Construction bill, on a unanimous roll call and directed a $154.3 million transfer from the Legislative Stabilization Reserve Account to the strategic investments and projects account (S13).
The House Appropriations Committee voted to pass 25 LSO 0556, the State Funded Capital Construction bill, by roll call with seven ayes.
Catherine Camaratti, LSO budget fiscal staff, presented the bill and walked the committee through definitions, project listings and special provisions. She noted that the bill uses the strategic investments and projects account (referred to in the bill as S13) and authorizes certain private revenue (PR) expenditures for specific college projects. "S13 as in the CIPA account or the strategic investments and projects account," Camaratti clarified when asked by the chair.
The bill as presented includes a series of…
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