This bill amends R.S. 39:100.171(C) concerning the Hurricane Ida Recovery Fund, specifically outlining the use of funds for eligible entities that experienced loss or damage due to the hurricane. The bill removes references to "property" loss or damage, instead focusing on "loss or damage" more broadly. It clarifies that eligible entities include political subdivisions and school boards, and mandates that the governing authority of these entities apply the funds to repair or replace the loss or damage incurred.

Additionally, the bill specifies that if federal assistance has been received and there are remaining funds after fulfilling local match requirements, those funds can be used for expenses incurred on or after August 29, 2021. The previous detailed list of facilities and conditions for fund usage has been removed, streamlining the process for eligible entities to utilize the funds for public purposes. The act will take effect upon the governor's signature or after the designated time period for bills to become law without a signature.

Statutes affected:
HB788 Original: 39:171(C)
HB788 Engrossed: 39:171(C)
HB788 Enrolled: 39:171(C)
HB788 Act : 39:171(C)