HLS 12RS-435 ORIGINAL
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are additions.
Regular Session, 2012
HOUSE BILL NO. 847
BY REPRESENTATIVE CHAMPAGNE
FUNDS/FUNDING: Modifies funding and resource allocation of the Coastal Protection and
Restoration Fund
AN ACT1
To amend and reenact R.S. 49:214.5.4(G)(8) and (H), to enact R.S. 49:214.5.4(i), and to2
repeal R.S. 49:214.5.4(E)(4), relative to the Coastal Protection and Restoration Fund;3
to limit the use of deposits and allocations within the fund amount which may be4
appropriated for the administration and operation of certain entities; and to provide5
for related matters.6
Be it enacted by the Legislature of Louisiana:7
Section 1. R.S. 49:214.5.4(G)(8) and (H) are hereby amended and reenacted and8
R.S. 49:214.5.4(i) is hereby enacted to read as follows: 9
ยง214.5.4. Funding and resource allocation10
* * *11
G. The money in the Coastal Protection and Restoration Fund is subject to12
appropriations by the legislature for the purposes of integrated coastal protection.13
The money in the fund may be used only for those projects and programs which are14
consistent with the statement of intent, R.S. 49:214.1, and the annual plan as it15
pertains to the integrated coastal protection and may include but not be limited to the16
following purposes:17
* * *18
(8) The Subject to the restrictions of Subsection H of this Section, the19
administration and operation of the Office of Coastal Protection and Restoration, the20 HLS 12RS-435 ORIGINAL
HB NO. 847
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Coastal Protection and Restoration Authority, the Governor's Advisory Commission1
on Coastal Protection, Restoration, and Conservation, and the Coastal Protection and2
Restoration Financing Corporation.3
* * *4
H. The money in the Coastal Protection and Restoration Fund appropriated5
for the administration and operation of the Office of Coastal Protection and6
Restoration, the Coastal Protection and Restoration Authority, the Governor's7
Advisory Commission on Coastal Protection, Restoration, and Conservation, and the8
Coastal Protection and Restoration Financing Corporation, shall not exceed the9
following percentages of the total appropriations from the fund for the following10
fiscal years:11
(1) For Fiscal Year 2013-2014, seventy-five percent of the total12
appropriations from the fund.13
(2) For Fiscal Year 2014-2015, fifty percent of the total appropriations from14
the fund.15
(3) For Fiscal Year 2015-16, twenty-five percent of the total appropriations16
from the fund.17
(4) For Fiscal Year 2016-2017 and each fiscal year thereafter, none of the18
appropriations from the fund shall be appropriated for the administration and19
operation of the Office of Coastal Protection and Restoration, the Coastal Protection20
and Restoration Authority, the Governor's Advisory Commission on Coastal21
Protection, Restoration, and Conservation, and the Coastal Protection and22
Restoration Financing Corporation.23
I. As used in this Section, the term "balance of the fund" shall mean those24
monies in the fund which have not been expended or obligated under the plan25
approved pursuant to R.S. 49:214.5.3, or otherwise obligated in accordance with law.26
Section 2. R.S. 49:214.5.4(E)(4), is hereby repealed in its entirety.27 HLS 12RS-435 ORIGINAL
HB NO. 847
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are additions.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
Champagne HB No. 847
Abstract: Limits the amount of the Coastal Protection and Restoration Fund which may be
used for certain administration costs.
Present law provides for the authorized uses of the money in the Coastal Protection and
Restoration Fund (the fund). The money in the fund may be used only for certain projects
and programs and may include administration and operation of the Office of Coastal
Protection and Restoration, the Coastal Protection and Restoration Authority, the Governor's
Advisory Commission on Coastal Protection, Restoration, and Conservation, and the Coastal
Protection and Restoration Financing Corporation.
Proposed law limits the amount from the fund which may be appropriated for administration
and operation of the programs listed in present law as follows:
(1)For FY 2013-2014, 75% of the fund appropriation.
(2)For FY 2014-2015, 50% of the fund appropriation.
(3)For FY 2015-2016, 25% of the fund appropriation.
(4)For FY 2016-2017 and each year thereafter, none of the fund appropriation.
Present law provides that, in each fiscal year, at least $200,000 but no more than 7% of the
federal revenues the state receives from Outer Continental Shelf oil and gas activity may be
used for administrative costs or fees. Further exempts the following from present law:
(1)Any revenues received by the state pursuant to Section 1337(g) of Title 43 of the
United States Code, also known as "8(g)" funds.
(2)Any securitization or other monetizing of all or any portion of the federal revenues
received by the state generated from Outer Continental Shelf oil and gas activity.
(3)Any monies received by the state for reimbursement of costs in response to the
Deepwater Horizon oil spill.
Proposed law repeals present law.
(Amends R.S. 49:214.5.4(G)(8) and (H); Adds R.S. 49:214.5.4(I); Repeals R.S.
49:214.5.4(E)(4))