ENROLLED Page 1 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. ACT No. 556 Regular Session, 2014 HOUSE BILL NO. 782 BY REPRESENTATIVE THOMPSON AN ACT1 To amend and reenact R.S. 30:961(B) and R.S. 56:10.1(B) and to enact R.S. 30:961(J) and2 (K), relative to the proceeds of surface water owned by the state; to provide for3 reimbursement to the state for withdrawal and use of water from certain bodies of4 water; to provide for the deposit of monies collected by the state from the withdrawal5 or use of surface water; and to provide for related matters.6 Be it enacted by the Legislature of Louisiana:7 Section 1. R.S. 30:961(B) is hereby amended and reenacted to read as follows and8 R.S. 30:961(J) and (K) are hereby enacted to read as follows:9 §961. Cooperative endeavor agreements; withdrawal of surface water; intent10 * * *11 B. No agency or subdivision of the state otherwise authorized to enter into12 a cooperative endeavor agreement to withdraw running surface water, or assignment13 of such shall do so unless the said agreement is in writing, provides for fair market14 value to the state, is in the public interest, and is contained on an a uniform form15 developed and prescribed by the State Mineral and Energy Board and approved by16 the attorney general. Fair Except when water is withdrawn from bodies of water17 managed by the Department of Wildlife and Fisheries and determined by the office18 of fisheries to be negatively impacted by invasive aquatic vegetation, fair market19 value to the state shall include but not be limited to the economic development,20 employment, and increased tax revenues created by the activities associated with the21 withdrawal of running surface water. No such cooperative endeavor agreement to22 withdraw running surface water shall be valid unless and until such agreement is23 approved by the secretary following the submission of an application for approval,24 ENROLLEDHB NO. 782 Page 2 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. which the secretary shall develop and prescribe. The secretary shall conduct the1 evaluation provided for in Subsection D of this Section and take action on the2 application within sixty days of the application being deemed complete. If the3 secretary denies the application, the secretary shall provide written reasons for the4 denial at the time of the denial.5 * * *6 J. The state shall be reimbursed at fair market value for all use or withdrawal7 of running surface water from bodies of water managed by the Department of8 Wildlife and Fisheries and determined by the office of fisheries to be negatively9 impacted by invasive aquatic vegetation. Fair market value as used in this10 Subsection shall be at a rate of not more than fifteen cents per thousand gallons, and11 shall not include the economic development, employment, and increased tax12 revenues created by the activities associated with the withdrawal of running surface13 water.14 K. All monies collected by the state pursuant to this Chapter as a result of15 the use or withdrawal of surface water shall be deposited into the Aquatic Plant16 Control Fund as established in R.S. 56:10.1, and shall be used for the treatment of17 aquatic weed, preferably on the body of water from which revenues were generated.18 Section 2. R.S. 56:10.1(B) is hereby amended and reenacted to read as follows:19 §10.1. Aquatic Plant Control Fund; creation; uses20 * * *21 B. After compliance with the requirements of Article VII, Section 9(B) of22 the Constitution of Louisiana relative to the Bond Security and Redemption Fund,23 and after a sufficient amount is allocated from that fund to pay all of the obligations24 secured by the full faith and credit of the state which become due and payable within25 any fiscal year, the treasurer shall pay into the Aquatic Plant Control Fund an amount26 equal to the monies received by the state treasury pursuant to the provisions of R.S.27 47:462(B)(2)(c) and R.S. 30:961(K). The monies in this fund shall be used solely28 as provided in Subsection C of this Section and only in the amount appropriated by29 the legislature. All unexpended and unencumbered monies remaining in this fund30 ENROLLEDHB NO. 782 Page 3 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. at the end of the fiscal year shall remain in the fund. The monies in the fund shall1 be invested by the state treasurer in the same manner as monies in the state general2 fund and all returns of such investment shall be deposited to the fund.3 * * *4 SPEAKER OF THE HOUSE OF REPRESENTATI VES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: