Provides for the dedications and uses on the deposit of certain monies derived from certain general fund revenues attributable to an increase in the base amount of mineral revenues received by the state as certified by the Revenue Estimating Conference for various Transportation Trust Fund and other transportation uses. (See Act) (EN -$4,400,000 GF RV See Note)
Establishes the Mineral Revenue Stabilization Trust Fund for the deposit of mineral revenues and provides for the dedication of mineral revenues (OR -$200,000,000 GF RV See Note)
Provides relative to the disposition of certain state revenues through repeal of the Revenue Stabilization Trust Fund and dedication of certain revenues to the Budget Stabilization Fund. (EG SEE FISC NOTE GF RV See Note)
Provides for an increase in the base amount of mineral revenues state receives prior to annual deposit into the Budget Stabilization Fund. (2/3-CA7s10.3(A)(2)(b)) (EN +$4,400,000 GF RV See Note)
Changes restrictions on the deposit of sales tax revenues related to motor vehicles into the Transportation Trust Fund and Transportation Mobility Fund (OR -$37,600,000 GF RV See Note)
Provides with regard to dedications of certain excess mineral revenues and deposits into the Budget Stabilization Fund (RE1 SEE FISC NOTE GF RV See Note)
Requests the La. Dept. of Transportation and Development to study the need for the creation of local transportation districts in order to assist the department in addressing the state's transportation needs
Appropriates funds for payment of the consent judgments against the state in the consolidated actions entitled Canella et al. v Oliver et al. consolidated with Troy V. Canella v Oliver et al.