HLS 16RS-736 ORIGINAL
2016 Regular Session
HOUSE BILL NO. 220
BY REPRESENTATIVE HUNTER
FUNDS/FUNDING: Changes the purpose of certain dedications of gaming proceeds
deposited into the Louisiana Agricultural Finance Authority Fund
1 AN ACT
2To amend and reenact R.S. 27:392(B)(4), relative to special treasury funds; to provide for
3 the uses of certain dedications of monies collected from slot machines at pari-mutuel
4 live racing facilities; and to provide for related matters.
5Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 27:392(B)(4) is hereby amended and reenacted to read as follows:
7 ยง392. Collection and disposition of fees and taxes
8 * * *
9 B.
10 * * *
11 (4) After complying with the provisions of Paragraphs (1) through (3) of this
12 Subsection, the state treasurer shall, each fiscal year, credit a total of twelve million
13 dollars from the combined taxable net slot machine proceeds collected by the state
14 from each licensed eligible facility, as defined herein, to the fund previously
15 established by R.S. 3:277. These proceeds shall be expended, utilizing any or all
16 powers granted to the Louisiana Agricultural Finance Authority, including the
17 funding or securing of revenue bonds, exclusively for meeting the needs of the Boll
18 Weevil Eradication program and other agricultural, agronomic, horticultural,
19 silvicultural or aquacultural, industrial, or economic development programs
20 mosquito abatement in parishes in which cases of the West Nile virus have been
21 reported.
22 * * *
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 16RS-736 ORIGINAL
HB NO. 220
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 220 Original 2016 Regular Session Hunter
Abstract: Changes the $12 million dedication of proceeds from slot machines at racetracks
from funding of boll weevil eradication to funding of mosquito abatement.
Present law dedicates monies from slot machine proceeds collected by the state from
licensed racing facilities. $12 million of such proceeds are dedicated to the Louisiana
Agricultural Finance Authority Fund.
Proposed law retains present law.
Present law provides that monies dedicated to the fund shall be used exclusively for the Boll
Weevil Eradication program and other agricultural, agronomic, horticultural, silvicultural
or aquacultural, industrial, or economic development programs.
Proposed law changes the required uses of the monies in present law in favor of using it for
mosquito abatement in parishes in which cases of the West Nile virus have been reported.
(Amends R.S. 27:392(B)(4))
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.