Louisiana 2019 2019 Regular Session

Louisiana House Bill HB124 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 124 Engrossed	2019 Regular Session	Jones
Abstract: Requires the return of certain abandoned funds to the town of Berwick.
Present law provides that monetary funds paid by the town of Berwick into the registry of the court
for the expropriation of property which would otherwise be deemed abandoned pursuant to R.S.
9:154, and which monetary funds have not been claimed for at least 12 years, shall revert to being
funds of the town of Berwick.
Proposed law retains present law and changes the period of abandonment from 12 years to 5 years,
and applies to funds held by either the administrator or the court.
(Amends R.S. 9:154.1(A))