Louisiana SB 50: TRANSPORTATION/DEV DEPT: Creates and provides relative to the Calcasieu Parish I-10 Bridge Authority. (8/1/23) (EG SEE FISC NOTE SD EX)

Status: Read by title. Committee amendments read and adopted; ordered engrossed and recommitted to the Committee on Finance. (as of 2023-05-16)

State: Louisiana · Session: 2023 · Bill: SB 50

Sponsors: Mark Abraham

Bill Text

SCASB50 CADGEA 542
SENATE COMMITTEE AMENDMENTS
2023 Regular Session
Amendments proposed by Senate Committee on Transportation, Highways and Public
Works to Original Senate Bill No. 50 by Senator Abraham
1 AMENDMENT NO. 1
2 On page 2, delete lines 16 through 22
3 AMENDMENT NO. 2
4 On page 2, line 23, delete "(2)" and insert "C."
5 AMENDMENT NO. 3
6 On page 4, between lines 18 and 19, insert "(15) "State procurement project" means the
7 procurement of any project initiated by the department, including the construction of
8 the bridge to replace the existing Interstate 10 Calcasieu River Bridge and the
9 subsequently executed contract."
10 AMENDMENT NO. 4
11 On page 4, line 19, delete "(15)" and insert "(16)"
12 AMENDMENT NO. 5
13 On page 4 line 20, delete "(16)" and insert "(17)"
14 AMENDMENT NO. 6
15 On page 4, between lines 21 and 22 insert "(18) "Windfall proceeds payments" means
16 payments due from the developer to the department when the developer's actual
17 cumulative gross toll revenue at the end of each year exceeds various contractual
18 thresholds included in the comprehensive agreement."
19 AMENDMENT NO. 7
20 On page 4, line 27, after "jurisdiction" insert ",except for a state procurement project"
21 AMENDMENT NO. 8
22 On page 4, line 29, delete "nine" and insert "seven"
23 AMENDMENT NO. 9
24 On page 5, delete line 4 and on line 5 delete "a minority," and insert "(a) One director who
25 resides in Calcasieu Parish"
26 AMENDMENT NO. 10
27 On page 5, line 12, delete "Three" and insert "Two"
28 AMENDMENT NO. 11
29 On page 5, line 13, after "Parish" insert ", one of whom shall be a minority"
Page 1 of 2
This set of amendment(s) was prepared by Archana Cadge.

SCASB50 CADGEA 542
1 AMENDMENT NO. 12
2 On page 7, between lines 20 and 21 insert "(c) Notwithstanding the provisions of
3 Subparagraph (a) of this Paragraph, the authority shall not have any rights and powers
4 with respect to any state procurement project.
5 AMENDMENT NO. 13
6 On page 7, line 23 after "with" delete "its" and insert "authority"
7 AMENDMENT NO. 14
8 On page 10 between lines 1 and 2, insert the following:
9 "(23) To continue tolling to fund authority projects, and may utilize funds without
10 lapse within the bounds of a state procurement project after a respective contract term
11 has elapsed or subsequent to contract termination between the department and its
12 selected developer or contractor, provided the department coordinates with the
13 authority, each acting in accordance with applicable state and federal law.
14 (24) To receive and utilize windfall proceeds payments from a state procurement
15 project during the tolling period to fund authority projects within its jurisdiction and
16 in accordance with applicable state and federal law.
17 (25) To receive and utilize monies identified within the Megaprojects Leverage Fund,
18 R.S. 48:77.1(1)(a), designated as the I-10 Calcasieu River Bridge and I-10
19 Improvements Account, and the authority may utilize the monies to reduce or eliminate
20 the cost of tolling for citizens within the five parish area of southwest Louisiana
21 including Allen, Beauregard, Calcasieu, Cameron, and Jefferson Davis parish and in
22 accordance with applicable state and federal law."
23 AMENDMENT NO. 15
24 On page 16, line 16, after "A." delete "Any" and insert "With the exception of a state
25 procurement project, any"
Page 2 of 2
This set of amendment(s) was prepared by Archana Cadge.

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