Louisiana 2018 2018 2nd Special Session

Louisiana Senate Bill SB4 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Martha S. Hess.
DIGEST
SB 4 Engrossed 2018 Second Extraordinary Session	LaFleur
Proposed law establishes the Overcollections and Deficit Management Fund as a special treasury
fund. Provides that any money appropriated or transferred to the fund shall be deposited into the
fund. Provides monies in the fund shall be invested in the same manner as monies in the state general
fund and interest earned on the investment of monies in the fund shall be deposited in and credited
to the state general fund. Unexpended and unencumbered monies in the fund at the end of the fiscal
year shall remain in the fund.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Adds R.S. 39:100.22)