2016 Regular Session ENROLLED
SENATE BILL NO. 177
BY SENATOR DONAHUE
1 AN ACT
2 To enact R.S. 39:82.1, relative to special treasury funds and dedicated money; to provide for
3 specific reports to the Joint Legislative Committee on the Budget; to provide for the
4 review and reporting of special funds and statutory dedications, including the means
5 of financing, specifically funds whose primary source of financing is the state
6 general fund, the purpose and use of the monies; and the status and balances of the
7 special funds and dedicated monies; to provide for an effective date; and to provide
8 for related matters.
9 Be it enacted by the Legislature of Louisiana:
10 Section 1. R.S. 39:82.1 is hereby enacted to read as follows:
11 ยง82.1. Reporting on special funds
12 A. Each year at the August meeting of the Joint Legislative Committee
13 on the Budget, the state treasurer shall submit information regarding the status
14 of fund transfers authorized to eliminate budget deficits for the prior fiscal
15 year, specifically those transfers which reduced constitutionally protected funds
16 or dedications which were approved by the Joint Legislative Committee on the
17 Budget to eliminate budget deficits. The information shall include the date and
18 amount of the transfer, the balance of the fund immediately prior to the
19 transfer and the balance of the fund at year end.
20 B. The Joint Legislative Committee on the Budget may make such
21 studies and hold such hearings as it shall deem appropriate and necessary to
22 review special funds and dedications of money in the state treasury including
23 the means of financing, specifically those funds whose primary source of
24 funding is the state general fund, the purpose and use of the monies, and the
25 status and balances of the special funds and dedicated monies.
ACT No. 576
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 177 ENROLLED
1 Section 2. This Act shall become effective upon signature by the governor or, if not
2 signed by the governor, upon expiration of the time for bills to become law without signature
3 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
4 vetoed by the governor and subsequently approved by the legislature, this Act shall become
5 effective on the day following such approval.
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.