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 872 Original 2022 Regular Session Turner
Abstract: Establishes the La. Motor Vehicle Commission (LMVC) Dedicated Fund Account in the
state treasury and requires the proceeds of all fees and charges levied pursuant to present law
by the LMVC to be deposited into the account.
Present law establishes the LMVC within the office of the governor and provides for its composition
and duties. Further authorizes the LMVC to levy fees and charges for licenses and other activities
handled by the commission. Proposed law retains present law.
Present law authorizes the LMVC to retain all fees and charges collected and to spend them for
carrying out the operations of the LMVC. Proposed law requires the proceeds of all fees and charges
levied by the LMVC to be deposited into the LMVC Dedicated Fund Account established in the state
treasury pursuant to proposed law. Requires monies in the fund account to be used for operations
by the LMVC and appropriated by the legislature. Further provides that monies in the fund account
be invested by the treasurer in the same manner as state general fund monies. Requires interest
earned on fund account monies to be deposited into the state general fund. Further provides that any
unencumbered and unexpended monies in the fund account at the end of the fiscal year shall remain
in the fund account.
Proposed law requires the executive director of the LMVC, or his designated staff, to transfer to the
state treasurer for deposit into the LMVC Dedicated Fund Account all fees and charges in its
possession. Further requires any interest or other sums attributable to such fees and charges that
accrue after July 1, 2022, to be transferred upon receipt to the treasurer for deposit into the LMVC
Dedicated Fund Account.
Further provides that for Fiscal Year 2022-2023, if no appropriation is made in the Act that
originated as House Bill No. 1 of the 2022 Regular Session of the Legislature, then the Joint
Legislative Committee on the Budget shall appropriate monies for the commission from the LMVC
Dedicated Fund Account at the committee's first meeting held in the 2022-2023 Fiscal Year.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends R.S. 32:1253(F) and (G); Adds R.S. 36:4.1(F); Repeals R.S. 36:4.1(C)(12))