The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Thomas L. Tyler.
DIGEST
SB 27 Original 2016 First Extraordinary Session Carter
Present law establishes a special custodial trust fund in the state treasury known as the Motor Fuel
Underground Storage Tank Trust Fund, herein after known as the Tank Trust Fund to provide for
the preservation of the groundwater in the state and prevention of leakage of motor fuels from
underground storage tanks within the state.
Present law provides for the uses of the monies in the Tank Trust Fund, including to investigate and
assess sites shown to be contaminated; replacement of the water supply in areas where the water
supply has been contaminated by a leak; and remediate contaminated sites.
Proposed law retains present law but provides that notwithstanding any other provision of present
law to the contrary, beginning July 1, 2016, and for the 2016-2017 Fiscal Year only, the state
treasurer is authorized and directed to transfer the amount of $40 million from the Tank Trust Fund
into the state general fund.
Effective July 1, 2016.
(Adds R.S. 30:2195.2(C))