Louisiana 2018 2018 Regular Session

Louisiana House Bill HB379 Comm Sub / Analysis

                    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 379 Original	2018 Regular Session	Henry
Abstract: Provides for the transfer, deposits, and use, as specified, of certain treasury funds.
Proposed law transfers $30,654,990 out of the FY 17 surplus to the Budget Stabilization Fund.
Proposed law transfers $12,261,996, out of the FY 17 surplus to the unfunded accrued liability of
the La. State Employees' Retirement System and the Teachers' Retirement System of La.
Effective upon signature of governor or lapse of time for gubernatorial action.