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 6 Original 2020 First Extraordinary Session Ivey
Abstract: Establishes the State Cybersecurity and Information Technology Fund as a special
treasury fund, deposits into the fund 0.35% of monies that flow through the Bond Security
and Redemption 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 Fund (fund) as a
special fund within the state treasury. Further provides that the fund shall be comprised of 0.35%
of monies that flow through the Bond Security and Redemption Fund for appropriation from the state
general fund, except for monies pledged in connection with issuance of bonds.
Proposed law authorizes money in the fund to be invested by the treasurer. Further reinvests into
the fund any interest earned on investment of the fund corpus.
Proposed law provides that money 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. Further authorizes the legislature to create a committee to assist it in consideration of
priorities for the funding of information technology infrastructure projects through appropriations
from the fund with the consent of the majority of the legislature.
Effective July 1, 2021.
(Adds R.S. 39:15.7)