2023 Louisiana Laws › Revised Statutes › Title 39 - Public Finance › §39:105. Capital Outlay reports to Joint Legislative Committee on Capital Outlay

RS 39:105 - Capital Outlay reports to Joint Legislative Committee on Capital Outlay
NOTE: Subsection A eff. until July 1, 2024. See Acts 2023, No. 82.
A. The office of facility planning and control and any state agency authorized to administer capital outlay appropriations shall submit to the Joint Legislative Committee on Capital Outlay an annual written report no later than the first day of February, of each project included in the prior year's capital outlay budget which includes the following information:
(1) The title of the project.
(2) The total budget for the project from all means of financing.
(3) A breakdown of the funding of the project including all cash and general obligation bond funding of the project.
(4) The amount of state and local funds, including local match funds, expended on the project.
(5) The amount of project funding that has been encumbered, including all cash and general obligation bond cash and noncash lines of credit approved for the project.
(6) The total amount of funds the project will need to spend in the next fiscal year.
(7) The current status of the project as either active or complete.
(8) If the project is complete, the total amount of unspent appropriations remaining on the project, including the means of finance of the funds.
NOTE: Subsection A eff. July 1, 2024. See Acts 2023, No. 82.
A.(1) The office of facility planning and control and any state agency authorized to administer capital outlay appropriations shall submit to the Joint Legislative Committee on Capital Outlay an annual written report no later than the first day of February. The report shall include the following information for each project included in the prior year's capital outlay budget:
(a) The title of the project.
(b) The total budget for the project from all means of financing.
(c) A breakdown of the funding of the project including all cash and general obligation bond funding of the project.
(d) The amount of state and local funds, including local match funds, expended on the project.
(e) The amount of project funding that has been encumbered, including all cash and general obligation bond cash and noncash lines of credit approved for the project.
(f) The total amount of funds the project will need to spend in the next fiscal year.
(g) The current status of the project as either active or complete.
(h) If the project is complete, the total amount of unspent appropriations remaining on the project, including the means of finance of the funds.
(2) Each project which is funded through a cash means of finance or which received advance funding in a bond sale shall also be included in the annual report required in Paragraph (1) of this Subsection regardless of whether the project was in the prior year's capital outlay budget. Additionally, the office of facility planning and control shall continue to include each such project in the annual report until a certificate of completion for the project has been issued by the entity administering the project.
B.(1) The office of facility planning and control and any state agency authorized to administer capital outlay appropriations shall submit to the Joint Legislative Committee on Capital Outlay, an annual written progress report no later than the first day of February, of the nonstate projects included in the current year's capital outlay budget which have been funded by the legislature, whether such funding was by appropriation or by bond authorization for which:
(a) The cooperative endeavor agreement or any amendments thereto, with the state have not been fully executed. The project manager and the nonstate entity shall give a written explanation as to why the agreement has not been fully executed.
(b) The nonstate projects which have a fully executed cooperative endeavor or amendment but which have not received the approval of the office of facility planning and control, of a proposed contract for the design or engineering of the project, including an explanation by the project manager and the nonstate entity as to the reason the contract has not been fully approved.
(c) The nonstate projects which have a fully executed cooperative endeavor, have completed the design phase, and have not begun the construction phase of the project, including an explanation of the reasons that construction has not begun by the project manager and the nonstate entity.
(2) A copy of each report shall be sent to each member of the legislature whose district includes one or more projects on the list.
C. The office of facility planning and control shall submit the report in a format that can be edited.
Acts 2016, No. 419, §1; Acts 2018, No. 653, §1, eff. June 1,2018; Acts 2023, No. 82, §1, eff. July 1, 2024.