Louisiana 2022 2022 Regular Session

Louisiana House Bill HB592 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 592 Original	2022 Regular Session	Zeringue
Appropriates supplemental funding and provides for means of financing substitutions and other
budgetary adjustments for Fiscal Year 2021-2022. Provides for net increases (decreases) as follows:
State General Fund (Direct) by ($351,923,187); Interagency Transfers by $8,080,050; Fees & Self-
generated Revenues by $7,000,036; Statutory Dedications by $436,857,653; and Federal Funds by
($159,317,452).
Additionally appropriates $69,921,974 of State General Fund (Direct) of nonrecurring revenue out
of the surplus from Fiscal Year 2020-2021 for the Initial Unfunded Accrued Liability in state
retirement systems.
Effective upon signature of the governor or lapse of time for gubernatorial action.