Louisiana 2024 Regular Session

Louisiana House Bill HB847 Latest Draft

Bill / Chaptered Version

                            ENROLLED
ACT No. 735
2024 Regular Session
HOUSE BILL NO. 847
BY REPRESENTATIVE ORGERON
1	AN ACT
2 To enact R.S. 56:10(B)(19), relative to the Marine Finfish Stock Enhancement Fund; to
3 create the Marine Finfish Stock Enhancement Fund; to provide for authorized uses
4 of the fund; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1.  R.S. 56:10(B)(19) is hereby enacted to read as follows:
7 ยง10.  Annual report to governor; estimate of proposed expenditures; particular funds;
8	limitations on purposes for use of monies in particular funds and accounts;
9	warrants; vouchers; surplus funds
10	*          *          *
11	B.
12	*          *          *
13	(19)  There is hereby created within the Conservation Fund a "Marine Finfish
14 Stock Enhancement Fund".  The monies in the fund shall be used solely for the
15 purpose of conserving, restoring, and enhancing the red drum population, including
16 but not limited to the purchase, transportation, tagging, release and monitoring of red
17 drum, genetic testing, hatchery based production and stocking efforts, and academic
18 research.  Any appropriations, public or private grants, gifts, or donations received
19 by the state or the Department of Wildlife and Fisheries for these purposes shall be
20 credited to the fund.  The monies in the fund shall be subject to the same
21 requirements as provided for in Paragraph (1) of this Subsection.  The monies in the
22 fund shall be invested by the treasurer in the same manner as the monies in the state
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 847	ENROLLED
1 general fund and all interest earned shall be deposited and credited to the fund after
2 compliance with the requirements of Article VII, Section 9(B) of the Constitution of
3 Louisiana.  All unexpended or unencumbered monies remaining in the fund at the
4 end of the fiscal year shall remain to the credit of the fund.
5	*          *          *
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:  
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.