Louisiana 2023 2023 Regular Session

Louisiana House Bill HB254 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 199 (HB 254) 2023 Regular Session	Thomas
Present constitution (Art. VII, Sec. 4(D)(4)(b)) establishes the Atchafalaya Basin
Conservation Fund and provides for deposits and uses of monies in the fund for 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 (Art. VII, Sec. 10.4) establishes the Higher Education Louisiana
Partnership Fund and provides for deposits into and uses of monies in such fund.
Proposed constitutional amendment repeals present constitution.
Present constitution (Art. VII, Sec. 10.10) establishes the Millennium Leverage Fund and
provides for deposits into and uses of monies in such fund. 
Proposed constitutional amendment repeals present constitution.
Present constitution (Art. VII, Sec. 10.12(B) and (C)) establishes the Agricultural and
Seafood Products Support Fund and provides for deposits and uses of monies in such fund. 
Proposed constitutional amendment repeals present constitution.
Present constitution (Art. IX, Sec. 9) establishes the First Use Tax Trust Fund and provides
for deposits and uses of monies in such fund.
Proposed constitutional amendment repeals present constitution.
Present constitution (Art. IX, Sec. 10) establishes the Louisiana Investment Fund for
Enhancement and provides for deposits into and uses of monies in such fund.
Proposed constitutional amendment repeals present constitution.
Proposed constitutional amendment 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remaining monies in the repealed funds upon the adoption of proposed constitutional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)