Louisiana 2020 Regular Session

Louisiana House Bill HB493 Latest Draft

Bill / Introduced Version

                            HLS 20RS-578	ORIGINAL
2020 Regular Session
HOUSE BILL NO. 493
BY REPRESENTATIVE STEFANSKI
FUNDS/TRANSPORT TRUST:  Prohibits the Dept. of Transportation and Development
from using Transportation Trust Fund monies for benefits for retired employees
1	AN ACT
2To enact R.S. 48:78(D), relative to the Transportation Trust Fund; to prohibit the
3 Department of Transportation and Development from using monies in the fund for
4 payment of benefits for retired employees; and to provide for related matters.
5Be it enacted by the Legislature of Louisiana:
6 Section 1.  R.S. 48:78(D) is hereby enacted to read as follows: 
7 ยง78.  Transportation Trust Fund; limitations on appropriations; limitations on
8	utilization
9	*          *          *
10	D.(1)  In Fiscal Year 2021-2022, the Department of Transportation and
11 Development shall not use monies deposited in the Transportation Trust Fund for the
12 payment of more than seventy-five percent of the cost of benefits for retired
13 employees.
14	(2)  In Fiscal Year 2022-2023, the Department of Transportation and
15 Development shall not use monies deposited in the Transportation Trust Fund for the
16 payment of more than fifty percent of the cost of benefits for retired employees.
17	(3)  In Fiscal Year 2023-2024, the Department of Transportation and
18 Development shall not use monies deposited in the Transportation Trust Fund for the
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HLS 20RS-578	ORIGINAL
HB NO. 493
1 payment of more than twenty-five percent of the cost of benefits for retired
2 employees.
3	(4)  Beginning in Fiscal Year 2024-2025, and each fiscal year thereafter, the
4 Department of Transportation and Development shall not use monies deposited in
5 the Transportation Trust Fund for the payment of any of the cost of benefits for
6 retired employees.
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 493 Original 2020 Regular Session	Stefanski
Abstract:  Beginning in Fiscal Year 2021-2022, limits Transportation Trust Fund monies
from being used to fund Dept. of Transportation and Development benefits for
retired employees.
Present constitution requires monies deposited in the Transportation Trust Fund (TTF) to be
appropriated or dedicated solely and exclusively for costs associated with construction and
maintenance of roads and bridges of the state and federal highway systems, the Statewide
Flood-Control Program, ports, airports, transit, and the Parish Transportation Fund.
Present law provides for certain limitations on appropriations and utilization of the TTF.
Proposed law adds the following limitations to utilization of the fund by the Dept. of
Transportation and Development (DOTD):
(1)In FY 2021-2022, DOTD shall not use TTF monies to pay for more than 75% of the
cost of benefits for retired employees.
(2)In FY 2022-2023, DOTD shall not use TTF monies to pay for more than 50% of the
cost of benefits for retired employees.
(3)In FY 2023-2024, DOTD shall not use TTF monies to pay for more than 25% of the
cost of benefits for retired employees.
(2)Beginning in FY 2024-2025, and each fiscal year thereafter, DOTD shall not use
TTF monies to pay for any of the cost of benefits for retired employees.
(Adds R.S. 48:78(D))
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.