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 Engrossed	2024 Regular Session	Bourriaque
Abstract:  Changes the allocation of revenues received by the state from license fees imposed on
trappers by directing all 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 revenues derived from the sale of trapping licenses to the La. Fur Public
Education and Marketing Fund.
(Amends R.S. 56:266(D)(1))
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Natural Resources and
Environment to the original bill:
1. Delete "excess from" from provisions governing revenues received by the state from
trapper licensing fees.  The effect of the amendment is to authorize and direct the state
treasurer to transfer annually all revenues derived from the licensing fees into the
Louisiana Fur Public Education and Marketing Fund.