SSHB254 4448 4057 HOUSE SUMMARY OF SENATE AMENDMENTS HB 254 2023 Regular Session Thomas FUNDS/FUNDING: (Constitutional Amendment) Repeals provisions in the Louisiana Constitution related to various funds Synopsis of Senate Amendments 1.Changes the election date from October 14, 2023, to November 18, 2023. Digest of Bill as Finally Passed by Senate 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 Provides for the transfer to the state general fund of any remaining monies in the repealed funds upon the adoption of proposed constitutional amendment.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) Page 1 of 1