So, it's true that I created the project from an old project for the same band that was at a different bit depth.
But, I delete all Audio every time I start a new song. I delete it from the audio folder too.
I delete everything... all envelopes... all clips.
Then I paste in the new tracks. The bit depth on the control bar says 48 which is correct.
I don't get errors when pasting in audio from the parent project which is also at 48.