Louisiana 2023 2023 Regular Session

Louisiana House Bill HB254 Comm Sub / Analysis

                    GREEN SHEET REDIGEST
HB 254	2023 Regular Session	Thomas
FUNDS/FUNDING. (Constitutional Amendment) Repeals provisions in the Louisiana
Constitution related to various funds.
DIGEST
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Provides for the transfer to the state general fund any remaining monies in the repealed funds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 Nov. 18, 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.
Page 1 of 2
Prepared by Tracy Sabina Sudduth. 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.
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Finance to the re-
reengrossed bill
1. Changes the date for submission of the proposed amendment to the voters at the
statewide election being held on Oct. 14, 2023, to the statewide election being
held on Nov. 18, 2023.
Page 2 of 2
Prepared by Tracy Sabina Sudduth.