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 335 Original 2025 Regular Session Turner
Abstract: Requires the treasurer to deposit $100 M from the State General Fund (Direct) to the
College and University Deferred Maintenance and Capital Improvement Fund
Present law establishes the College and University Deferred Maintenance and Capital Improvement
Fund. Provides for the source of monies in the fund as follows: (1) proceeds of any bonds issued;
(2) monies transferred or appropriated by the legislature; (3) donations, gifts, or grants; and (4) any
other monies which may be provided for the fund. Requires all unexpended and unencumbered
monies in the fund at the end of the fiscal year to remain in the fund. Requires the treasurer to invest
the monies in the fund in the same manner as the state general fund and any interest earned on
monies in the fund to be deposited in and credited to the fund. Requires monies in the fund to be
used by the office of facility planning and control to pay expenses for deferred maintenance of public
facilities at state colleges and universities.
Proposed law requires the treasurer to deposit $100 M into the fund beginning in the 2025-2026
fiscal year and continues the deposits for the ensuing four fiscal years. Retains all other provisions
of present law.
(Amends R.S. 17:3369.4(A))