Louisiana 2019 2019 Regular Session

Louisiana House Bill HB448 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 448 Original	2019 Regular Session	Ivey
Abstract:  Establishes the State Cybersecurity and Information Technology Infrastructure Fund as
a special treasury fund, deposits into the fund 0.0025% of monies in the state general fund,
and dedicates the money to support the state's information technology infrastructure or
cybersecurity needs.
Proposed law establishes the State Cybersecurity and Information Technology Infrastructure Fund
("fund") as a special fund within the state treasury.  The fund shall be comprised 0.0025% of monies
in the state general fund, except for monies allocated to the Bond Redemption and Security Fund or
monies pledged  in connection with issuance of bonds. Monies appropriated from the fund shall be
expended solely for support of projects to enhance or upgrade the state's information technology
infrastructure or cybersecurity needs.
Eff. Jan. 1, 2020.
(Adds R.S. 39:15.7)