HLS 15RS-583 ORIGINAL 2015 Regular Session HOUSE BILL NO. 617 BY REPRESENTATIVES JIM MORRIS, BERTHELOT, STUART BISHOP, FOIL, GEYMANN, HARRIS, HARRISON, HAVARD, HENSGENS, HUVAL, JAY MORRIS, PEARSON, POPE, RICHARD, SCHEXNAYDER, SCHRODER, AND TALBOT Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. FUNDS/FUNDING: (Constitutional Amendment) Prohibits the transfer or appropriation of money out of a fund except as authorized by the constitutional or statutory provisions for the fund 1 A JOINT RESOLUTION 2Proposing to add Article VII, Section 10(K) of the Constitution of Louisiana, relative to state 3 funds; to limit the transfer and appropriation of monies out of dedicated funds; to 4 provide for submission of the proposed amendment to the electors; and to provide 5 for related matters. 6 Section 1. Be it resolved by the Legislature of Louisiana, two-thirds of the members 7elected to each house concurring, that there shall be submitted to the electors of the state of 8Louisiana, for their approval or rejection in the manner provided by law, a proposal to add 9Article VII, Section 10(K) of the Constitution of Louisiana, to read as follows: 10 §10. Expenditure of State Funds 11 Section 10. 12 * * * 13 (K) Dedicated funds. Except as provided by Paragraph (F) of this Section, 14 monies deposited into a dedicated fund shall not be appropriated out of the fund or 15 transferred out of the fund for any purpose not authorized by the constitutional or 16 statutory provision setting forth the purpose and use of the dedicated fund. Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 15RS-583 ORIGINAL HB NO. 617 1 Section 2. Be it further resolved that this proposed amendment shall be submitted 2to the electors of the state of Louisiana at the statewide election to be held on October 24, 32015. 4 Section 3. Be it further resolved that on the official ballot to be used at the election, 5there shall be printed a proposition, upon which the electors of the state shall be permitted 6to vote YES or NO, to amend the Constitution of Louisiana, which proposition shall read as 7follows: 8 Do you support an amendment that prohibits the appropriation or transfer of 9 money out of a dedicated fund for a purpose inconsistent with the 10 constitutional or statutory provision establishing the purpose and use of the 11 dedicated fund? (Adds Article VII, Section 10(K)) DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HB 617 Original 2015 Regular Session Jim Morris Abstract: Prohibits appropriating or transferring money out of a dedicated fund for a purpose inconsistent with the constitutional or statutory provision establishing the purpose and use of the dedicated fund. Proposed constititional amendment prohibits appropriating or transferring money out of a dedicated fund for a purpose inconsistent with the constitutional or statutory provision establishing the purpose and use of the dedicated fund. The prohibition does not apply to transfers authorized in present constitution to cure a projected deficit in the current year or next fiscal year. Provides for submission of the proposed amendment to the voters at the statewide election to be held Oct. 24, 2015. (Adds Const. Art. VII, §10(K)) Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.