SSHB550 2549 3980
HOUSE SUMMARY OF SENATE AMENDMENTS
HB 550 2023 Regular Session Zeringue
FUNDS/FUNDING: Provides for the transfer, deposit, and use of monies among state funds
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Synopsis of Senate Amendments
1.Removes provision establishing the 2024 IUAL Payment Fund as a special fund
in the state treasury. Further removes the LASERS Subfund and the TRSL
Subfund established within such fund.
2.Removes Fiscal Year 2023 and 2024 deposits into the LASERS Subfund of the
2024 IUAL Payment Fund.
3.Removes $5 M deposit of State General Fund (Direct) into the Court
Modernization and Technology Fund (established in proposed law).
4.Removes $68 M deposit of State General Fund (Direct) monies into the
Overcollections Fund.
5.Provides that the deposit of $340 M of State General Fund (Direct) into the
Transportation Trust Fund is void if Senate Concurrent Resolution No. 3 of the
2023 R.S. fails.
6.Increases from $10 M to $15 M the amount of State General Fund (Direct)
monies deposited into the Health Care Employment Reinvestment Opportunity
(H.E.R.O.) Fund.
7.Increases from $7.5 M to $24.5 M the amount of State General Fund (Direct)
monies deposited into the Insure La. Incentive Fund.
8.Adds deposit of $1 M of State General Fund (Direct) monies into the La.
Postsecondary Inclusive Education Fund.
9.Adds deposit of $1.5 M of State General Fund (Direct) monies into the Jump
Start Your Heart Fund, in the event Senate Bill No. 12 of the 2023 R.S.
becomes law.
10.Adds deposit of $40 M of State General Fund (Direct) monies to the Coastal
Protection and Restoration Fund, contingent upon passage of Senate Concurrent
Resolution No. 3 of the 2023 R.S.
11.Adds deposit of $80 M of State General Fund (Direct) monies to the Water
Sector Fund, contingent upon passage of Senate Concurrent Resolution No. 3
of the 2023 R.S.
12.Adds deposit of $15 M of State General Fund (Direct) monies to the Capital
Outlay Savings Fund, contingent upon passage of Senate Concurrent Resolution
No. 3 of the 2023 R.S.
13.Adds deposit of $40 M of State General Fund (Direct) monies to the Fortify
Homes Program Fund, contingent upon passage of Senate Concurrent
Resolution No. 3 of the 2023 R.S.
14.Adds deposit of $50 M of State General Fund (Direct) monies in Fiscal Year
2024 to the Capital Outlay Savings Fund, contingent upon passage of Senate
Concurrent Resolution No. 3 of the 2023 R.S.
15.Makes technical changes.
Proposed law transfers 25% of the FY 2021-2022 surplus ($181,630,129) to the Budget
Stabilization Fund.
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Proposed law transfers the following amounts from the state general fund in the current fiscal
year:
(1)$340,000,000 to the Transportation Trust Fund.
(2)$30,500,000 to the Higher Education Initiatives Fund.
(3)$1,000,000 to the La. Postsecondary Inclusive Education Fund
(4)$1,500,000 to the Jump Start Your Heart Fund, if Senate Bill No. 12 of the 2023 R.S.
becomes law.
(5)$30,000,000 to the Power-Based Violence and Safety Fund as provided in proposed
law.
(6)$24,904,474 to the State Emergency Response Fund.
(7)$20,000,000 to the Voting Technology Fund.
(8)$13,000,000 to the La. Early Childhood Education Fund.
(9)$10,000,000 to the Oyster Resource Management Account.
(10)$15,000,000 to the Health Care Employment Reinvestment Opportunity (H.E.R.O.)
Fund.
(11)$24,500,000 to the Insure La. Incentive Fund.
(12)$5,000,000 to the Law Enforcement Recruitment Incentive Fund, if House Bill No.
563 of the 2023 R.S. becomes law.
(13)$5,000,000 to the Geaux Teach Fund.
(14) $5,000,000 to the La. Economic Development Fund.
(15)$4,000,000 to the Major Events Incentive Fund.
(16)$2,500,000 to the Reading Enrichment and Academic Deliverables (R.E.A.D.) Fund,
as provided in proposed law.
(17)$2,500,000 to the Imagination Library of La. Fund, if House Bill No. 412 of the 2023
R.S. becomes law.
(18)$1,500,000 to the Hazard Mitigation Revolving Loan Fund.
(19)$40,000,000 to the Coastal Protection and Restoration Fund, contingent upon passage
of Senate Concurrent Resolution No. 3 of the 2023 R.S.
(20)$80,000,000 to the Water Sector Fund, contingent upon passage of Senate
Concurrent Resolution No. 3 of the 2023 R.S.
(21)$15,000,000 to the Capital Outlay Savings Fund, contingent upon passage of Senate
Concurrent Resolution No. 3 of the 2023 R.S.
(22)$40,000,000 to the Fortify Homes Program Fund, contingent upon passage of Senate
Concurrent Resolution No. 3 of the 2023 R.S.
Proposed law transfers the following amounts in Fiscal Year 2023-2024:
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(1)$50,000,000 to the Capital Outlay Savings Fund, contingent upon passage of Senate
Concurrent Resolution No. 3 of the 2023 R.S.
(2)$10,000,000 to the to the La. Fortify Homes Program Fund from Fees and Self-
generated Revenues of the Dept. of Insurance.
(3)$2,500,000 to the Insure La. Incentive Fund from Fees and Self-generated Revenues
of the Dept. of Insurance.
Proposed law (R.S. 17:4033.1) establishes the R.E.A.D. Fund as a special fund in the
treasury. Requires monies in the fund to be invested in the same manner as monies in the
state general fund and that interest earned on investment of monies in the R.E.A.D. Fund are
to be credited to the R.E.A.D. Fund. Provides that monies in the fund are to be used by the
state Dept. of Education for administration and implementation of the R.E.A.D. Program
(provided in present law).
Present law (R.S. 39:100.44.1) establishes the La. Main Street Recovery Rescue Plan Fund
and provides for deposit of monies into the fund, to be used for: economic support grants for
La. timber harvesting and timber hauling businesses; economic support grants for eligible
movie theater owners, as provided in present law; and for the La. Agriculture Transportation
Group Self-Insured Fund. Further requires that any remaining monies in the La. Rescue Plan
Fund on June 30, 2023, are to be transferred to the La. Rescue Plan Fund. Proposed law
extends until June 30, 2024, the date at which monies in the fund are to be transferred to the
La. Rescue Plan Fund.
Present law (R.S. 39:100.101) establishes the Power-Based Fund and requires monies
deposited into the fund to be used for Title IX offices at every public postsecondary
institution in the state. Proposed law changes the Power-Based Fund to the Power-Based
Violence and Safety Fund and provides that monies in the fund are to be used for power-
based violence, Title IX, and safety initiatives at every public postsecondary institution in the
state.
Present law (R.S. 39:100.171) establishes the Hurricane Ida Recovery Fund (fund) and
provides for the administration and use of monies deposited into the fund. Proposed law
retains present law. Further requires unexpended and unencumbered monies in the fund at
the end of the fiscal year to remain in the fund.
Present law provides that monies in the fund shall be used to make full or partial payments
to political subdivisions, including school boards, (eligible entities) that suffered property
loss or damage caused by Hurricane Ida. Proposed law retains present law.
Present law requires any payment to an eligible entity to be made from the fund pursuant to
the provisions of present law to be applied by the governing authority of the eligible entity
to the cost of repair or replacement of the damaged property. Proposed law retains present
law and further authorizes monies received pursuant to proposed law to be applied toward
the cost of an approved project replacing such damaged property. If federal assistance funds
have been received for the damaged property and monies disbursed to the eligible entity
pursuant to the provisions of proposed law remain after the eligible entity has satisfied its
portion of any required local match for such damage, proposed law requires the eligible
entity to apply any remaining monies received from the fund to one or more of the following
for expenses incurred since Aug. 29, 2021:
(1)A facility owned by an eligible entity that is open to the public for public use.
(2)A public facility that an eligible entity owns or has legal responsibility for
maintaining, including any:
(a)Flood control, navigation, irrigation, reclamation, public power, sewage
treatment and collection, water supply and distribution, watershed
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development, or airport facility.
(b)Non-Federal-aid street, road, or highway.
(c)Other public building, structure, or system, including those used for
educational, recreational, or cultural purposes.
(d)Park.
(3)A facility owned by a private, nonprofit entity and used to provide services to the
general public.
(4) A mixed use facility provided that more than 50% of the physical space of the facility
is used for a public purpose.
(5)A facility that meets both of the following conditions:
(a)At least 50% of the total square footage of the facility was used by the owner
for a public purpose before Hurricane Ida.
(b)All or part of the facility was under repair or remodeling when Hurricane Ida
struck the facility.
(6)Debris Removal.
(7)Emergency Protection Measures.
Present law (R.S. 39:100.201) establishes the Political Subdivision Federal Grant Assistance
Fund and provides for deposit and use of monies in the fund. Requires monies in the fund
to be appropriated to the division of administration via BA-7. Proposed law deletes the
requirement that monies be appropriated by BA-7. Additionally adds the office of rural
development within the office of the governor as an entity eligible to use monies in the fund.
Present law requires monies in the fund to be used for the administration of a program to
assist political subdivisions with competitive federal grant opportunities made pursuant to
the Infrastructure Investment and Jobs Act. Proposed law retains present law.
Proposed law establishes the Court Modernization and Technology Fund as a special fund
in the state treasury. Provides that the Judicial Council of the Supreme Court shall administer
the fund to provide technology upgrades in courts under the supervisory jurisdiction of the
Supreme Court pursuant to Article V of the Constitution of La. Requires monies in the fund
to be invested in the same manner as monies in the state general fund. Provides that interest
earned on investment of monies in the fund shall be credited to the fund. Requires any
unexpended or unencumbered monies in the fund at the end of the fiscal year to remain in
the fund. Requires the Supreme Court to promulgate rules for the administration of the fund.
Further sets forth requirements for the Judicial Council's administration of fund monies.
Requires the council to submit a quarterly status report to the Joint Legislative Committee
on the Budget beginning Oct. 1, 2023.
Proposed law establishes the Public Safety and Crime Prevention Fund in the state treasury.
Provides that the fund may receive any monies appropriated by the legislature and that any
unexpended and unencumbered funds in the fund at the end of the fiscal year shall remain
in the fund. Requires monies in the fund to be invested by the treasurer in the same manner
as monies in the state general fund and that any interest earned on such investment be
deposited into the fund. Proposed law provides that, subject to appropriation, monies in the
fund are to be used by the office of state police for public safety services, including patrol
and law enforcement, in any parish having a population of not less than 280,000 persons and
not more than 420,000 persons according to the latest federal decennial census.
Effective upon signature of governor or lapse of time for gubernatorial action, except that
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transfers for FY 2023-2024 are effective July 1, 2023.
(Amends R.S. 39:100.44.1(H)(3), the heading of Subpart P-3 of Part II-A of Chapter 1 of
Subtitle I of Title 39, and 100.101, 100.171, and 100.201(B)-(D); adds R.S. 17:4033.1(F) and
R.S. 39:100.211 and 100.221)
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