Louisiana 2023 2023 Regular Session

Louisiana House Bill HB254 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 254 Re-Reengrossed 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(B) and (C).
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.
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Provides for the transfer to the state general fund any remaining monies in the repealed funds upon
the adoption of proposed constitutional amendment. Provides for submission of the proposed amendment to the voters at the statewide election to be held
Oct. 14, 2023.
(Repeals Const. Art. VII, §§4(D)(4)(b), 10.4, 10.10, and 10.12(B) and (C) and Const. Art. IX, §§9
and 10)
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Civil Law and Procedure to the
engrossed bill:
1. Change the ballot language to specify that the special funds being removed from the
constitution are inactive.
The House Floor Amendments to the reengrossed bill:
1. Remove the language repealing Article VII, Section 10.12 and limit the repeal to Article
VII, Section 10.12(B) and (C).
2. Add language authorizing the state treasurer to transfer to the state general fund any
remaining balances in the repealed funds upon the adoption of the constitutional
amendment.
3. Make technical changes.