Louisiana 2021 2021 Regular Session

Louisiana House Bill HB515 Comm Sub / Analysis

                    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 515 Original	2021 Regular Session	Zeringue
Abstract: Transfers state general fund monies to certain special funds in the state treasury.
Proposed law transfers 25% of the FY 2019-2020 surplus ($67,608,578) to the Budget Stabilization
Fund.
Proposed law transfers $5,365,837 of state general fund (direct) into the Utility and Carrier
Inspection and Supervision Fund.
Proposed law transfers $658,274 of state general fund (direct) into the Telephonic Solicitation Relief
Fund.
Proposed law transfers $5,500,000 of state general fund (direct) into the Motor Fuels Underground
Storage Tank Trust Fund.
Proposed law transfers $16,963,667 of state general fund (direct) into the La. Wildlife and Fisheries
Conservation Fund.
Proposed law transfers $4,100,000 of state general fund (direct) into the Higher Education Initiatives
Fund.
Proposed law transfers $10,000,000 of state general fund (direct) into the State Emergency Response
Fund.
Proposed law transfers $7,689,837 of state general fund (direct) into the Major Events Incentive
Program Subfund of the Mega-Project Development Fund.
Effective upon signature of governor or lapse of time for gubernatorial action.