HLS 17RS-940 ORIGINAL
2017 Regular Session
HOUSE BILL NO. 296
BY REPRESENTATIVE GARY CARTER
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
FUNDS/FUNDING: Provides for the transfer, deposit, and use of monies among state funds
1 AN ACT
2To provide relative to special treasury funds; to provide for the transfer, deposits, and use
3 as specified of certain treasury funds; to provide for effectiveness; and to provide for
4 related matters.
5Be it enacted by the Legislature of Louisiana:
6 Section 1. Notwithstanding any provision of law to the contrary, the state treasurer
7is hereby authorized and directed to transfer $25,000,000 into the Budget Stabilization Fund
8from the state general fund.
9 Section 2. Notwithstanding any provision of law to the contrary, the state treasurer
10is hereby authorized and directed to transfer $7,582,927 into the Self-Insurance Fund from
11the Future Medical Care Fund.
12 Section 3. Sections 1, 3, and 4 of this Act shall become effective upon signature of
13this Act by the governor or, if not signed by the governor, upon expiration of the time for
14bills to become law without signature by the governor, as provided by Article III, Section
1518 of the Constitution of Louisiana.
16 Section 4. Section 2 of this Act shall become effective on July 1, 2017.
Page 1 of 2 HLS 17RS-940 ORIGINAL
HB NO. 296
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 296 Original 2017 Regular Session Gary Carter
Abstract: Provides for the transfer, deposit, and use of monies among state funds.
Proposed law, effective upon signature of governor or lapse of time for gubernatorial action,
transfers $25 million into the Budget Stabilization Fund from the state general fund.
Proposed law, effective July 1, 2017, transfers $7,582,927 into the Self-Insurance Fund from
the Future Medical Care Fund.
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