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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. 646
BY SENATORS THOMPSON, ALLAIN, GALLOT, LONG, RISER AND WALSWORTH
AND REPRESENTATIVES ANDERS, CARMODY, CHAMPAGNE,
CHANEY, GISCLAIR, HENSGENS, HILL, HOWARD, HUVAL,
JOHNSON, TERRY LANDRY, LEBAS AND THI BAUT
AN ACT1
To amend and reenact R.S. 3:1615(A)(1) and (4), relative to Boll Weevil Eradication2
assessments; to provide for the transfer of assessments to the Louisiana Agricultural3
Finance Authority; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 3:1615(A)(1) and (4) are hereby amended and reenacted to read as6
follows: 7
ยง1615. Boll Weevil Eradication Fund; disposition of funds8
A. All assessments, fees, penalties, and other funds received under the9
provisions of this Part shall be disposed of in accordance with the following10
provisions:11
(1) All assessments, fees, penalties, and all other funds received by the12
commission under the provisions of this Part, subject to the exceptions contained in13
Article VII, Section 9 of the Constitution of Louisiana, shall be deposited14
immediately upon receipt into the state treasury and shall be credited to the Bond15
Security and Redemption Fund.16
* * *17
(4) All unexpended and unencumbered monies received from assessments in18
the fund at the end of each fiscal year shall be transferred directly to the Louisiana19
Agricultural Finance Authority to provide for the expenses of the program20
established by this Part.21
ACT No. 157 SB NO. 646 ENROLLED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
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Section 2. This Act shall become effective on July 1, 2012. 2
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: