Louisiana 2023 2023 Regular Session

Louisiana House Bill HB293 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 293 Engrossed	2023 Regular Session	Thomas
Abstract: Removes certain funds from the state treasury.
Present law (R.S. 3:4711 and 4712) establishes the Agricultural and Seafood Products Support Fund
and provides for deposits and uses of monies in such fund.
Proposed law repeals present law.
Present law (R.S. 30:136.1) provides for deposits into the Louisiana Investment Fund for
Enhancement.
Proposed law repeals present law.
Present law (R.S. 30:301-303) establishes the Louisiana Investment Fund for Enhancement and
provides for deposits and uses of monies in such fund.
Proposed law repeals present law.
Present law (R.S. 39:98.5) establishes the Millennium Leverage Fund and provides for deposits and
uses of monies in such fund.
Proposed law repeals present law.
Present law (R.S. 49:214.8.7) establishes the Atchafalaya Basin Conservation Fund and provides for
deposits and uses of monies in such fund.
Proposed law repeals present law.
Effective if and when the proposed amendment of Article VII and Article IX of the Constitution of
La. contained in the Act which originated as House Bill No. 254 of this 2023 R.S. of the Legislature
is adopted at a statewide election and becomes effective.
(Repeals R.S. 3:4711 and 4712, R.S. 30:136.1(C) and 301-303, R.S. 39:98.5, and R.S. 49:214.8.7)
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Appropriations to the original bill:
1. Provide for the transfer of remaining balances in funds to the state general fund.
2. Make technical changes.