CAPITAL OUTLAY: Provides for the Omnibus Bond Act
This bill establishes a framework for Louisiana to manage its state capital improvement projects through a five-year bond program. It repeals outdated bond authorizations that cannot be used due to inflation or impracticality while authorizing new bonds for essential projects. The State Bond Commission will issue general obligation bonds to fund capital improvements, with some projects requiring dedicated revenue streams like student fees to cover debt payments. This legislation creates a systematic process for updating bond authorizations annually to ensure only feasible and necessary projects receive funding.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2026
Committee Review
May 2026
House Passage
Apr 2026
Senate Passage
May 2026
Signed into Law
Jun 2026
Introduced Mar 17, 2026
Signed Jun 8, 2026
Maddy AI version diff · 3 comparisons
What changed between versions
HB3 Original
→
HB3 Act 779
·
4 edits
MODERATE
The bill was renumbered from an original draft to an enrolled Act (Act No. 779) and restructured to clarify its purpose as the Omnibus Bond Authorization Act of 2026. The text was reorganized to explicitly repeal prior bond authorizations while preserving refunding bonds and Act 41 of 2006, and to authorize the issuance of new general obligation bonds for essential capital projects.
Scope change
The bill's scope remains focused on authorizing state general obligation bonds for capital improvements, but the text was significantly reorganized to improve clarity and explicitly list exceptions to the repeal of prior acts.
TECHNICAL
The document header and page numbering were updated to reflect the final enrolled status (Act No. 779) and adjusted page counts.
SCOPE
The introductory text was rewritten to clearly state the intent to repeal all prior bond authorizations except for refunding bonds and Act 41 of 2006, and to reauthorize bonds for essential projects.
REQUIREMENT
Section 5 was restructured to explicitly separate the authorization for new project bonds from the requirements for funding debt service through designated student fees or revenues.
New language was added requiring the transfer of monies to a reimbursement reserve account, specifically mandating a deposit equal to one-tenth of the average annual debt service.
Floor votes · Senate May 26, 2026 · House Apr 16, 2026
How they voted
39–0
Passed · 1 other
Total votes 40
May 26, 2026
D
Democratic12
91% Yea
R
Republican28
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
20
Key actions
5
Committee
4
May 26, 2026
Upper · Passed
Rules suspended. Read by title, passed by a vote of 38 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
upper
May 21, 2026
Upper · Passed
Rules suspended. Reported favorably. Rules suspended. Read by title and referred to the Legislative Bureau.
upper
May 19, 2026
Upper · Passed
Reported favorably. Rules suspended. Read by title and recommitted to the Committee on Finance.
upper
Apr 16, 2026
Lower · Passed
Read third time by title, roll called on final passage, yeas 104, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.
lower
Apr 13, 2026
Lower · Passed
Reported favorably (16-0).
lower
Mar 18, 2026
Committee
Read by title, under the rules, referred to the Committee on Ways and Means.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tony Bacala
RRepublican
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