Louisiana 2024 2024 Regular Session

Louisiana House Bill HB537 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 537 Original	2024 Regular Session	Bourriaque
Abstract:  Changes the allocation of revenues received by the state from license fees imposed on
trappers by directing all excess revenue to the Louisiana Fur Public Education and Marketing
Fund.
Present law requires all revenues received by the state from license fees imposed on trappers as
required in present law (R.S. 56:251(A)(1)) be credited to the Bond Security and Redemption Fund. 
Present law provides that the state treasurer is authorized and directed to transfer annually excess
revenues derived from the sale of such licenses into a special fund designated as the La. Fur Public
Education and Marketing Fund, in the amount of $20 for each resident trapping license sold and
$145 for each nonresident trapping license sold.
Proposed law modifies present law by specifying that the state treasurer is authorized and directed
to transfer annually all excess revenues to the La. Fur Public Education and Marketing Fund.
(Amends R.S. 56:266(D)(1))