The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Martha S. Hess.
DIGEST
SB 229 Original 2021 Regular Session Hensgens
Proposed law establishes the Health Care Employment Reinvestment Opportunity (H.E.R.O.) Fund
as a special fund in the state treasury. Monies in the fund shall consist of legislative appropriations
and grants and donations.
Proposed law provides that monies in the fund shall be invested by the state treasurer in the same
manner as monies in the state general fund, and interest earned on the investment of monies in the
fund shall be credited to the fund. All unexpended and unencumbered monies in the fund at the end
of the fiscal year shall remain in the fund.
Proposed law provides that monies in the fund shall be used to support the nursing and allied health
professions.
Effective August 1, 2021.
(Adds R.S. 17:3050.11)