HLS 23RS-340 ORIGINAL 2023 Regular Session HOUSE BILL NO. 254 BY REPRESENTATIVE THOMAS Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. FUNDS/FUNDING: (Constitutional Amendment) Repeals provisions in the Louisiana Constitution related to various funds 1 A JOINT RESOLUTION 2Proposing to repeal Article VII, Sections 4(D)(4)(b), 10.4, 10.10, and 10.12, and Article IX, 3 Sections 9 and 10 of the Constitution of Louisiana, relative to special funds in the 4 state treasury; to provide for the repeal of certain special funds; to provide for the 5 transfer of remaining balances of such special funds; to provide for submission of the 6 proposed amendments to the electors; and to provide for related matters. 7 Section 1. Be it resolved by the Legislature of Louisiana, two-thirds of the members 8elected to each house concurring, that there shall be submitted to the electors of the state of 9Louisiana, for their approval or rejection in the manner provided by law, a proposal to repeal 10Article VII, Sections 4(D)(4)(b), 10.4, 10.10, and 10.12 of the Constitution of Louisiana. 11 Section 2. Be it further resolved by the Legislature of Louisiana, two-thirds of the 12members elected to each house concurring, that there shall be submitted to the electors of 13the state of Louisiana, for their approval or rejection in the manner provided by law, a 14proposal to repeal Article IX, Sections 9 and 10 of the Constitution of Louisiana. 15 Section 3. Be it further resolved that any remaining balances in the funds repealed 16herein shall be transferred to the state general fund on the effective date of this Joint 17Resolution. 18 Section 4. Be it further resolved that this proposed amendment shall be submitted 19to the electors of the state of Louisiana at the statewide election to be held on October 14, 202023. Page 1 of 3 HLS 23RS-340 ORIGINAL HB NO. 254 1 Section 5. Be it further resolved that on the official ballot to be used at the election, 2there shall be printed a proposition, upon which the electors of the state shall be permitted 3to vote YES or NO, to amend the Constitution of Louisiana, which proposition shall read as 4follows: 5 Do you support an amendment to remove provisions of the Constitution of 6 Louisiana which created the following special funds within the state treasury: 7 Atchafalaya Basin Conservation Fund, Higher Education Louisiana 8 Partnership Fund, Millennium Leverage Fund, Agricultural and Seafood 9 Products Support Fund, First Use Tax Trust Fund, Louisiana Investment 10 Fund for Enhancement and to provide for the transfer of any remaining 11 monies in such funds to the state general fund? (Repeals Article VII, Sections 12 4(D)(4)(b), 10.4, 10.10, 10.12 and Article IX, Sections 9 and 10) 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 254 Original 2023 Regular Session Thomas Abstract: Repeals certain funds provided for in the constitution. Present constitution establishes the Atchafalaya Basin Conservation Fund and provides for deposits and uses of monies in such fund in Article VII, Section 4(D)(4)(b). The fund was established to fund projects under the Atchafalaya Basin Program within the Coastal Protection and Restoration Authority. Provides for implementation of the fund contingent upon certain conditions being met. Proposed constitutional amendment repeals present constitution. Present constitution establishes the Higher Education Louisiana Partnership Fund and provides for deposits into and uses of monies in such fund in Article VII, Section 10.4. Proposed constitutional amendment repeals present constitution. Present constitution establishes the Millennium Leverage Fund and provides for deposits into and uses of monies in such fund in Article VII, Section 10.10. Proposed constitutional amendment repeals present constitution. Present constitution establishes the Agricultural and Seafood Products Support Fund and provides for deposits and uses of monies in such fund in Article VII, Section 10.12. Proposed constitutional amendment repeals present constitution. Present constitution establishes the First Use Tax Trust Fund and provides for deposits and uses of monies in such fund in Article IX, Section 9. Page 2 of 3 HLS 23RS-340 ORIGINAL HB NO. 254 Proposed constitutional amendment repeals present constitution. Present constitution establishes the Louisiana Investment Fund for Enhancement and provides for deposits into and uses of monies in such fund in Article IX, Section 10. Proposed constitutional amendment repeals present constitution. Provides for submission of the proposed amendment to the voters at the statewide election to be held October 14, 2023. (Repeals Const. Art. VII, §§(D)(4)(b), 10.4, 10.10, and 10.12 and Const. Art. IX, §§9 and 10) Page 3 of 3