HLS 19RS-748 ENGROSSED
2019 Regular Session
HOUSE BILL NO. 576
BY REPRESENTATIVE ZERINGUE
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
FUNDS/FUNDING: Authorizes the Board of Regents to carryover funds on behalf of
LUMCON and LOUIS: The Louisiana Library Network
1 AN ACT
2To enact R.S. 17:3129.9, relative to the financial authority of the Board of Regents; to
3 authorize the board of Regents to carryover certain monies at the end of a fiscal year;
4 to provide an effective date; and to provide for related matters.
5Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 17:3129.9 is hereby enacted to read as follows:
7 ยง3129.9. Authority to carryover interagency transfers and self-generated revenues;
8 the Louisiana Universities Marine Consortium and LOUIS: The Louisiana
9 Library Network
10 A. The Board of Regents, as the governing authority of the Louisiana
11 Universities Marine Consortium (LUMCON), may retain and carryover into the next
12 fiscal year those balances in LUMCON's interagency transfers and self-generated
13 revenue accounts which remain unexpended at the end of a fiscal year.
14 B. The Board of Regents, as the governing authority of LOUIS: The
15 Louisiana Library Network (LOUIS), may retain and carryover into the next fiscal
16 year those balances in LOUIS's interagency transfers and self-generated revenue
17 accounts which remain unexpended at the end of a fiscal year.
18 Section 2. This Act shall become effective upon signature by the governor or, if not
19signed by the governor, upon expiration of the time for bills to become law without signature
20by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 19RS-748 ENGROSSED
HB NO. 576
1vetoed by the governor and subsequently approved by the legislature, this Act shall become
2effective on the day following such approval.
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 576 Engrossed 2019 Regular Session Zeringue
Abstract: Authorizes the Board of Regents to carryover funds on behalf of LUMCON and
LOUIS: The Louisiana Library Network.
Proposed law authorizes the Board of Regents to carryover unspent interagency transfers and
self-generated revenue on behalf of LUMCON and LOUIS: The Louisiana Library Network
for the next fiscal year.
Proposed law authorizes the Board of Regents on behalf of LOUIS to retain unspent self-
generated revenue instead of reverting to the State General Fund.
Proposed law codifies language that is typically found in the annual appropriations bill.
(Adds R.S. 17:3129.9)
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.