SSHB515 2549 3632
HOUSE SUMMARY OF SENATE AMENDMENTS
HB 515 2021 Regular Session Zeringue
FUNDS/FUNDING: Provides for the transfer, deposit, and use of monies among state funds
Synopsis of Senate Amendments
1.Transfer $39,500,000 from the Capital Outlay Savings Fund into the Coastal
Protection and Restoration Fund to fund projects across the state.
2.Transfer $13,500,000 from the State General Fund (Direct) to the Capital
Outlay Savings Fund.
3.Establish the Blue Tarp Fund and transfer $500,000 from the La. Mega-Project
Development Fund into the Blue Tarp Fund.
4.Establish the Power-Based Fund and transfer $500,000 from the La. Mega-
Project Development Fund into the Power-Based Fund.
5.Establish the Jean Boudreaux Settlement Compromise Fund for payment
toward any compromise approved by the Joint Legislative Committee on the
Budget arising out of a certain lawsuit. Transfer $15,000,000 of state general
fund (direct) into the Fund.
6.Authorize the Lafayette Parish Visitor Enterprise Fund to be used for operating
costs of the Cajundome.
7.Provide that monies received by the La. Stadium and Exposition District from
certain litigation shall be deposited into the La. Superdome Fund. Further
provides that proposed law shall not apply to monies that are attributable to
outstanding debt secured by such proceeds, or to court costs or attorney's fees.
8.Add the Motor Fuels Underground Storage Tank Trust Fund to the funds being
converted to a statutorily dedicated fund account.
9.Make technical changes.
Digest of Bill as Finally Passed by Senate
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
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Initiatives Fund.
Proposed law transfers $15,000,000 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.
Proposed law transfers $5,000,000 of state general fund (direct) into the Voting Technology
Fund.
Proposed law transfers $2,000,000 of state general fund (direct) into the La. Fire Marshal
Fund.
Proposed law transfers $39,500,000 from the Capital Outlay Savings Fund to the Coastal
Protection and Restoration Fund for use on projects across the state.
Proposed law transfers $13,500,000 from the state general fund (direct) into the Capital
Outlay Savings Fund.
Present law establishes multiple special treasury funds in the state treasury. Proposed law
converts certain of these present law funds into special dedicated fund accounts and provides
that monies deposited into such an account shall be categorized as fees and self-generated
revenue for the purposes of reporting related to the executive budget, the supporting
documents thereto, and general appropriations bills. The following is a list of funds
converted to "special dedicated fund accounts" by proposed law:
(1)Vital Records Conversion Fund
(2)La. State Parks Improvement and Repair Fund
(3)Poverty Point Reservoir Development Fund
(4)Right-of-Way Permit Processing Fund
(5)LTRC Transportation Training and Education Center Fund
(6)Insurance Fraud Investigation Fund
(7)Automobile Theft and Insurance Fraud Prevention Authority Fund
(8)Coastal Resources Trust Fund
(9)Fisherman's Gear Compensation Fund
(10)Underwater Obstruction Removal Fund
(11)Oil and Gas Regulatory Fund
(12)Public Safety DWI Testing, Maintenance, and Training Fund
(13)Louisiana Towing and Storage Fund
(14)Concealed Handgun Permit Fund
(15)Right to Know Fund
(16)Liquefied Petroleum Gas Commission Rainy Day Fund
(17)Explosives Trust Fund
(18)Office of Motor Vehicles Customer Service and Technology Fund
(19)Criminal Identification and Information Fund
(20)Louisiana Life Safety and Property Protection Trust Fund
(21)Unified Carrier Registration Agreement Fund
(22)Industrialized Building Program Fund
(23)Insurance Verification System Fund
(24)Drivers License Escrow Fund
(25)Handling Fee Escrow Fund
(26)Waste Tire Management Fund
(27)Lead Hazard Reduction Fund
(28)Oyster Sanitation Fund
(29)Tax Commission Expense Fund
(30)Children's Trust Fund
(31)Louisiana Stadium and Exposition District License Plate Fund
(32)Louisiana Dusk License Stamp and Print Fund
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(33)Louisiana Wild Turkey Stamp Fund
(34)Aquatic Plant Control Fund
(35)Motor Carrier Regulation Fund
(36)Louisiana Entertainment Development Fund
(37)Utility and Carrier Inspection and Supervision Fund
(38)Telephonic Solicitation Relief Fund
(39)Motor Fuels Underground Storage Tank Trust Fund
Present law establishes the La. Fire Marshal Fund (R.S. 22:835) and provides for deposit of
certain monies into the fund. Further provides that unexpended and unencumbered monies
in the fund at the end of the fiscal year are transferred to the state general fund. Proposed law
requires that such unexpended and unemcumbered monies remain in the fund at the end of
the fiscal year. Present law provides that interest earned on the investment of monies in the
fund shall be credited to the state general fund. Proposed law requires such interest earnings
be credited to the La. Fire Marshal Fund.
Proposed law establishes the La. Superdome Fund and provides for deposit into the fund of
certain monies received pursuant to certain lawsuits. Further provides that monies in the
fund be invested in the same manner as state general fund monies and unexpended and
unencumbered monies remaining at the end of the fiscal year shall remain in the fund.
Requires monies in the fund to be used by the La. Stadium and Exposition District for
planned upgrades to the New Orleans Superdome.
Proposed law establishes the Jean Boudreaux Settlement Compromise Fund for payment
towards any compromise approved by the Joint Legislative Committee on the Budget
stemming from the case identified as "Jean Boudreaux and the Victims of the Flood on April
6, 1983 on the Tangipahoa River versus the State of Louisiana, Department of
Transportation, et al." Further transfers $15,000,000 of state general fund (direct) into the
fund.
Proposed law establishes the Blue Tarp Fund to help finance roof repairs for homeowners.
Further transfers $500,000 from the La. Mega-Project Development Fund into the Blue Tarp
Fund.
Proposed law establishes the Power-Based Fund to be used for the establishment of Title IX
offices at every public postsecondary institution in the state. Further transfers $500,000 from
the La. Mega-Project Development Fund into the Power-Based Fund.
Proposed law authorizes monies in the Lafayette Parish Visitor Enterprise Fund to be used
for operating costs of the Cajundome.
Proposed law requires the treasurer to transfer any remaining monies from the Coronavirus
Aid, Relief, and Economic Security (CARES) Act on June 30, 2021, to the State Coronavirus
Relief Fund (established in present law), including remaining CARES Act balances in the
Coronavirus Local Recovery Allocation Fund, the Louisiana Main Street Recovery Fund, and
the Critical Infrastructure Workers Hazard Pay Rebate Fund established in present law.
Proposed law repeals the following funds: the Archaeological Curation Fund, the Audubon
Golf Trail Development Fund, the Geaux Pass Transition Fund, and the Scenic Rivers Fund.
Proposed law directs the La. Law Institute to make necessary corrections to references in
present law relative to funds converted to "dedicated fund accounts" by proposed law.
Provisions in proposed law relative to the conversion of "special treasury funds" to "special
dedicated fund accounts" become effective June 30, 2022. All other provisions of proposed
law become effective upon signature of governor or lapse of time for gubernatorial action.
(Amends R.S. 15:587(B) and 598, R.S. 22:835(C) and (F) and 2134(A), (B)(intro. para.), and
(C), R.S. 30:21(B)(2), 101.9(A)-(C) and (D)(intro. para.), 2351.41, 2380, and 2418(G), (I)(3)
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and (4), (J), (M)(3) and (4), and (O)(3) and (5), R.S. 32:412.3, 429.2(A), (B), and (C)(intro.
para.), 868, 1526(B), and 1731, R.S. 39:100.43(L), 100.44(Q), and 100.48(C), R.S. 40:5.10,
39.1(B)(2), (3)(intro. para.), and (4), 1379.3.1(C) and (D), 1379.7(B), 1428(C), 1472.20(A),
1664.9(N), 1730.68, and 1849(D)(2), (3), (4)(intro. para.), and (5), R.S. 45:169.1,
844.14(A)(4), and 1177(B) and (C), R.S. 46:2403(A), (C), and (D)(1), R.S. 47:302.18(B),
463.149(F) and (G), 1835(B) and (D)(4), and 6007(C)(4)(h)(ii), (iii)(intro. para.), and (iv),
R.S. 48:105.1(B) and (D), 381(G), 381.1(E), and 381.2(D) and (G)(1), R.S. 49:214.40(A)
and (C), R.S. 56:10(B)(1)(d), (5), and (7)(a) and (D), 10.1, 164(A) and (B)(intro. para.),
700.2(A)(intro. para.), (1), and (3) and (B)-(D), 1703(A), (B)(intro. para.), (C)(intro. para.),
(1), and (2)(intro. para.), and (D), and 1705(A) and (B); Adds R.S. 39:100.11, 100.26,
100.71, and 100.101; Removes R.S. 9:154.2, R.S. 41:1615, and R.S. 56:1706 and 1844)
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