HLS 17RS-498 ENGROSSED
2017 Regular Session
HOUSE BILL NO. 443
BY REPRESENTATIVE STOKES
FUNDS/FUNDING: (Constitutional Amendment) Dedicates revenue to fund the inspector
general's office
1 A JOINT RESOLUTION
2Proposing to add Article VII, Section 10.17 of the Constitution of Louisiana, to provide for
3 funding for the office of the state inspector general; to create a fund and to dedicate
4 sales tax revenue to such purpose; to provide for submission of the proposed
5 amendment to the electors; and to provide for related matters.
6 Section 1. Be it resolved by the Legislature of Louisiana, two-thirds of the members
7elected to each house concurring, that there shall be submitted to the electors of the state of
8Louisiana, for their approval or rejection in the manner provided by law, a proposal to add
9Article VII, Section 10.17 of the Constitution of Louisiana, to read as follows:
10 §10.17. Inspector General Fund
11 Section 10.17(A) There shall be established in the state treasury the
12 Inspector General Fund to provide greater independence for the office of the state
13 inspector general by providing a dedicated, recurring source of revenues for
14 financing the office of the state inspector general and the activities of that office.
15 (B)(1) Out of the funds remaining in the Bond Security and Redemption Fund
16 after a sufficient amount is allocated from that fund to pay all obligations secured by
17 the full faith and credit of the state which become due and payable within any fiscal
18 year as required by Article VII, Section 9(B) of this constitution, the treasurer shall
19 deposit in and credit to the Inspector General Fund from revenues received by the
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HB NO. 443
1 state from sales and use taxes an amount of revenue determined as provided in
2 Subparagraph (2) of this Paragraph.
3 (2) For Fiscal Year 2018-2019, the treasurer shall deposit two million dollars
4 into the fund. For each subsequent fiscal year, the treasurer shall deposit an amount
5 determined by adjusting the amount deposited in the previous fiscal year by the
6 amount of increase in the Consumer Price Index, United States city average for all
7 urban consumers, as prepared by the United States Department of Labor, Bureau of
8 Labor Statistics, for the calendar year immediately preceding the adjustment.
9 (C) All unexpended and unencumbered monies in the fund at the end of the
10 fiscal year shall remain in the fund. The money in the fund shall be invested as
11 provided by law and any earnings realized on investment of money in the fund shall
12 be deposited in and credited to the fund. Money from other sources, such as
13 donations, appropriations, or dedications, may be deposited in and credited to the
14 fund.
15 (D) The money in the fund shall be appropriated for purposes of funding the
16 office of the state inspector general and the activities of that office. No appropriation
17 shall be made from the fund inconsistent with this purpose.
18 Section 2. Be it further resolved that this proposed amendment shall be submitted
19to the electors of the state of Louisiana at the statewide election to be held on October 14,
202017.
21 Section 3. Be it further resolved that on the official ballot to be used at the election,
22there shall be printed a proposition, upon which the electors of the state shall be permitted
23to vote YES or NO, to amend the Constitution of Louisiana, which proposition shall read as
24follows:
25 Do you support an amendment to provide greater independence for the state
26 inspector general by dedicating a minimum level of funding to the office of
27 the state inspector general and the activities of that office? (Adds Article VII,
28 Section 10.17)
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are additions. HLS 17RS-498 ENGROSSED
HB NO. 443
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 443 Engrossed 2017 Regular Session Stokes
Abstract: Dedicates specified sales tax revenue to funding the office of the state inspector
general.
Proposed constitutional amendment creates the Inspector General Fund in the state treasury
and dedicates $2 million adjusted annually for inflation of annual sales tax revenue to the
fund. Requires that money in the fund be appropriated solely for purposes of funding the
office of the state inspector general and the activities of that office.
Proposed constitutional amendment provides that unexpended and unencumbered monies
in the fund at the end of the fiscal year remain in the fund. The money in the fund shall be
invested as provided by law and any earnings realized on investment of money in the fund
shall be deposited in and credited to the fund. Money from other sources, such as donations,
appropriations, or dedications, may be deposited in and credited to the fund.
Provides for submission of the proposed amendment to the voters at the statewide election
to be held Oct. 14, 2017.
(Adds Const. Art. VII, §10.17)
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Appropriations to the
original bill:
1. Add that the purpose of the fund is to provide greater independence for the office
of state inspector general.
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.