Overview

• The legislature approved a $51 billion budget for the next fiscal year and sent it to Gov. Jeff Landry for signature.
• The LA GATOR voucher initiative received 40,000 applications, including 10,000 from public school students, but its funding was cut to $43.5 million from the $93.5 million Landry requested.
• Lawmakers tapped $1.2 billion from the Revenue Stabilization Trust Fund for one-time infrastructure needs such as road and bridge work.
• Budget growth relies on interagency transfers and federal dollars, including $1.6 billion for Medicaid, with the state general fund rising just 1.2 percent.
• Legislators also passed HB460 for supplemental spending and HB2 for capital outlays and raised the daily rate for housing state inmates to $29.39.