LA HB901

Creates the Louisiana State Infrastructure Bank within the Division of Administration as a revolving loan program to finance eligible infrastructure projects including transportation, water, energy, resilience, and hazard mitigation facilities

Establishes an 8-member board of directors chaired by the Commissioner of Administration, including secretaries from DOTD, Environmental Quality, Conservation and Energy, and Economic Development, plus appointees from the Louisiana Bankers Association and State Board of CPAs

Appropriates $100 million from the state general fund for initial capitalization of the Louisiana State Infrastructure Fund, with additional funding from federal grants, legislative appropriations, loan repayments, and bond proceeds

Authorizes loans with terms up to 30 years to qualified borrowers including governmental units and private entities participating in public-private partnerships, with interest rates at or below market as determined by the board

Exempts all bonds, notes, and financing assistance from state, parish, and municipal taxation, and specifies that bank obligations do not constitute state debt or count toward net state tax-supported debt calculations