1 minute read
Construction
Senate Bill 163
By Senator Stewart Cathey, allows licensed contractors the ability to restore and replace limited amounts of sod disrupted during the course and scope of a construction contract or permit without having to hold license issued by the Commissioner of Agriculture and Forestry.
SB 163 was signed by Governor Edwards and became ACT No. 308. ABC of
Louisiana supported SB 163.
House Bill 2
By Representative Stuart Bishop, provides $5.6 billion for Louisiana’s capital outlay budget program for fiscal year 2020- 2021. HB 2 further 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; and provides for authorization and sale of such bonds by the State Bond Comission.
HB 2 was signed by Governor Edwards and became ACT No. 2
Senate Bill 118
By Senator Gary Smith, increases the contract limit, including labor and materials, to be done by a public entity from $150,000 to $250,000. SB 118 further provides that beginning February 1, 2015, and annually on February first of each subsequent year, the office of facility planning and control within the divison of administration shall adjust the “contract limit” by an amount not to exceed the annual percentage increase in the Consumer Price Index (CPI) in the preceding year.
SB 118 was signed by Governor Edwards and became ACT No. 111.
House Bill 35
By Representative Stuart Bishop, creates the Capital Outlay Savings Fund as a special fund in the state treasury and restricts use of the money in the fund for funding capital outlay projects or deposit into the Budget Stabilization fund. HB 35 further requires money in the fund to be invested by the state treasurer and requires that all unexpended and unencumbered monies in the fund at the end of the fiscal year remain in the fund, including interest earnings.
HB 35 was signed by Governor Edwards and became ACT No. 30.