The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Alan Miller.
DIGEST
SB 216 Original 2019 Regular Session Chabert
Proposed law creates in the state treasury, as a special fund, the State Land Office Reforestation
Fund, or "fund".
Proposed law provides that, subject to appropriation by the legislature, monies in the fund be used
solely for the following purposes:
(1)Funding reforestation of state properties.
(2)Preparing state-owned timber sites for cultivation.
(3)Paying fees assessed by the Dept. of Agriculture and Forestry for timber management.
(4)Purchasing necessary servitudes or easements to improve timber harvesting.
(5)Purchasing servitudes or tracts of land to increase access to landlocked state properties.
Proposed law provides that the fund consist of any monies appropriated, allocated, or transferred to
the fund, including 25% of the proceeds from the sale of timber pursuant to present law, and sale of
timber pursuant to a timber management program under present law.
Proposed law provides that monies in the fund be invested in the same manner as monies in the state
general fund, and that interest earned on investment of monies in the fund be credited to the fund,
with any unexpended and unencumbered monies in the fund at the end of the fiscal year to remain
in the fund.
Proposed law provides that at the end of each fiscal year, the state treasurer is authorized and
directed to transfer into the state general fund any monies exceeding $500,000.
Proposed law requires the register of the state land office to submit as part of the annual report to the
House Committee on Natural Resources and Environment and the Senate Committee on Natural
Resources required by present law, a descriptive list by parish of the revenues, expenditures, and
projects associated with the provisions of proposed law.
Effective August 1, 2019.
(Adds R.S. 39:100.151)