SLS 18RS-498 ENGROSSED 2018 Regular Session SENATE BILL NO. 422 BY SENATORS WHITE, BOUDREAUX, MILKOVICH, MIZELL, MORRISH AND WALSWORTH FUNDS/FUNDING. Provides for the distribution of certain contractor fees to accredited public universities and community colleges school of construction management or construction technology. (8/1/18) 1 AN ACT 2 To amend and reenact R.S. 37:2156(C)(3)(d)(i), relative to contractor fees; to distribute 3 certain fees collected by the State Licensing Board for Contractors to certain 4 universities and colleges; to require each accredited public university receive twice 5 as much funds as each community college; and to provide for related matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 37:2156(C)(3)(d)(i) is hereby amended and reenacted to read as 8 follows: 9 ยง2156. Unexpired licenses; fees; renewals 10 * * * 11 C. * * * 12 (3) * * * 13 (d) The funds collected pursuant to this Subsection shall be distributed as 14 follows: 15 (i) One-half on a pro rata basis to each accredited public university 16 universities or community college colleges school of construction management or 17 construction technology. However, each accredited public university shall receive Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 422 SLS 18RS-498 ENGROSSED 1 twice as much funds as each community college. 2 * * * The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by J. W. Wiley. DIGEST SB 422 Engrossed 2018 Regular Session White Present law provides that to defray the cost of issuing licenses, the State Licensing Board for Contractors will fix reasonable fees to be assessed, and reasonable penalties to be assessed for late applications for renewal of licenses and other administrative infractions. Further provides that the basic license fee will be the sum of not more than $100 and the fee for additional classifications will be a lesser amount as set by the board. Present law provides that one-half of the funds collected pursuant to present law will be distributed on a pro rata basis to each accredited public university or community college school of construction management or construction technology. Proposed law retains present law but adds that each accredited public university will receive twice as much funds as each community college. Effective August 1, 2018. (Amends R.S. 37:2156(C)(3)(d)(i)) Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.