Louisiana 2012 2012 Regular Session

Louisiana Senate Bill SB375 Chaptered / Bill

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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2012	ENROLLED
SENATE BILL NO. 375
BY SENATOR GARY SMITH
AN ACT1
To amend and reenact R.S. 56:266(D)(1), relative to the Louisiana Fur Public Education and2
Marketing Fund; to provide for the trapping license fees; and to provide for related3
matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 56:266(D)(1) is hereby amended and reenacted to read as follows:6
ยง266.  Louisiana Fur Public Education and Marketing Fund 7
*          *          *8
D. Appropriations. (1) All revenues received by the state from license fees9
imposed on trappers as required in R.S. 56:251(A)(1) shall be credited to the Bond10
Security and Redemption Fund. After a sufficient amount is allocated from that fund11
to pay all obligations secured by the full faith and credit of the state which become12
due and payable within any fiscal year, the state treasurer is authorized and directed13
to transfer annually the amount of twenty dollars for each twenty-five dollar resident14
trapping license sold and one hundred forty-five dollars for each one hundred fifty15
dollar nonresident trapping license sold, from revenues derived from the sale of said16
licenses, into a special fund designated as the Louisiana Fur Public Education and17
Marketing Fund.18
*          *          *19
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:                         
ACT No.  153