SLS 13RS-461 ORIGINAL
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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, 2013
SENATE BILL NO. 225
BY SENATOR ALARIO
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
FUNDS/FUNDING. Provides relative to special funds in the state treasury. (gov sig)
AN ACT1
To enact R.S. 39:100.22, relative to special treasury funds; to establish the 20132
Overcollections Fund as a special fund in the state treasury; to provide for deposits3
and appropriation into the fund; to provide for the dedication, use, investment,4
transfers and appropriations as specified from the fund; to provide for an effective5
date; and to provide for related matters.6
Be it enacted by the Legislature of Louisiana:7
Section 1. R.S. 39:100.22 is hereby enacted to read as follows:8
ยง100.22. 2013 Overcollections Fund9
The 2013 Overcollections Fund, hereinafter referred to as the "fund",10
is hereby created in the state treasury. Any money appropriated or transferred11
to the fund shall be deposited into the fund. Monies in the fund shall be invested12
in the same manner as monies in the state general fund. Interest earned on the13
investment of monies in the fund shall be deposited in and credited to the state14
general fund. Monies in the fund shall be appropriated and expended as15
provided by law. Except as otherwise provided in this Section, unexpended and16
unencumbered monies in the fund at the end of the fiscal year shall remain in17 SB NO. 225
SLS 13RS-461 ORIGINAL
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
the fund.1
Section 2. This Act shall become effective upon signature by the governor or, if not2
signed by the governor, upon expiration of the time for bills to become law without signature3
by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If4
vetoed by the governor and subsequently approved by the legislature, this Act shall become5
effective on the day following such approval.6
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Martha S. Hess.
DIGEST
Proposed law establishes the 2013 Overcollections Fund as a special treasury fund. Provides
that any money appropriated or transferred to the fund shall be deposited into the fund.
Provides monies in the fund shall be invested in the same manner as monies in the state
general fund and interest earned on the investment of monies in the fund shall be deposited
in and credited to the state general fund. Unexpended and unencumbered monies in the fund
at the end of the fiscal year shall remain in the fund.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Adds R.S. 39:100.22)