Louisiana 2019 2019 Regular Session

Louisiana Senate Bill SB22 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 176 (SB 22) 2019 Regular Session	Johns
New law creates the Calcasieu Parish Bridge Fund as a special fund in the state treasury.
Provides that after allocation of money to the Bond Security and Redemption Fund as
provided in the Louisiana Constitution, and notwithstanding any other provision of law to
the contrary, the treasurer shall deposit in and credit to the fund, the proceeds received by
the state from the settlement, judgment, or final disposition of the litigation filed by the state
or DOTD bearing Docket Number 2008-002684 in the 14th Judicial District Court, or any
other litigation filed by the state or DOTD claiming damages for actual or alleged subsurface
contamination within two miles of the Interstate 10 Calcasieu River Bridge for incidents
occurring prior to August 1, 2019, and alleged to require remediation.
Provides that all unexpended and unencumbered monies in the fund at the end of the fiscal
year shall remain in the fund and the treasurer shall invest the monies in the fund in the same
manner as monies in the state general fund, and interest earned on the investment of monies
shall be credited to the fund.
Further provides that subject to legislative appropriation, monies in the fund shall be used
solely for the planning and construction of a new I-10 Calcasieu River Bridge in Lake
Charles.
Provides the dedications of recovered funds in the Calcasieu River Bridge Fund shall not be
admissible in any trial or litigation filed by the state or DOTD bearing Docket Number 2008-
002684 in the 14th Judicial District Court, or any other litigation filed by the state or DOTD
claiming damages for actual or alleged subsurface contamination within two miles of the
Interstate 10 Calcasieu River Bridge for incidents occurring prior to August 1, 2019, and
alleged to require remediation.
Effective upon signature of the governor (June 11, 2019).
(Adds R.S. 39:100.35)