The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Martha S. Hess.
DIGEST
Proposed law creates the Balanced Budget Support Fund in the state treasury and provides that
the source of monies deposited into the fund shall be any monies appropriated by the legislature
including donations, gifts, grants, or other monies as may be provided by law. Monies in the fund
shall be used or expended as provided by law.
Proposed law further provides that monies in the fund shall be invested in the same manner as
monies in the state general fund. Interest earned on investment of monies in the fund shall be
deposited in and credited to the state general fund. Any 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)