2023 Regular Session ENROLLED
SENATE BILL NO. 153
BY SENATOR WOMACK
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
1 AN ACT
2 To enact R.S. 39:100.59.3, relative to special treasury funds; to create the Correctional
3 Facility Capital Outlay Fund; to provide for deposits into the fund; to provide for
4 uses of the fund; to provide for effectiveness; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 39:100.59.3 is hereby enacted to read as follows:
7 ยง100.59.3. Correctional Facility Capital Outlay Fund
8 A. There is hereby created, as a special fund in the state treasury, the
9 Correctional Facility Capital Outlay Fund, hereinafter referred to as the
10 "fund".
11 B. After compliance with the requirements of Article VII, Section 9(B)
12 of the Constitution of Louisiana, relative to the Bond Security and Redemption
13 Fund, and after a sufficient amount is allocated from that fund to pay all of the
14 obligations secured by the full faith and credit of the state which become due
15 and payable within any fiscal year, the treasurer shall deposit into the fund state
16 sales tax proceeds remitted to the state by the Department of Corrections from
17 the sale of arts and crafts items produced by inmates at correctional facilities
18 owned and administered by the state.
19 C. Monies in the fund shall be invested by the state treasurer in the same
20 manner as monies in the state general fund and investment earnings shall be
21 deposited into the state general fund. All unexpended and unencumbered
22 monies in the fund at the end of the fiscal year shall remain in the fund.
23 D. Monies in the fund shall be appropriated for capital outlay and major
24 repairs at each correctional facility in proportion to the state sales tax proceeds
25 remitted pursuant to the provisions of this Section by each facility.
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 153 ENROLLED
1 Section 2. This Act shall become effective upon signature by the governor or, if not
2 signed by the governor, upon expiration of the time for bills to become law without signature
3 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
4 vetoed by the governor and subsequently approved by the legislature, this Act shall become
5 effective on the day following such approval.
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.