House Bill No. [insert number] enacts a new section, R.S. 56:3000.1, which addresses the reimbursement of revenue reductions resulting from the issuance of free and discounted recreational hunting and fishing licenses in Louisiana. This section specifically applies to licenses issued on or after July 1, 2024. The Department of Wildlife and Fisheries will be reimbursed from the state general fund for any lost revenue due to these licenses, with the reimbursement amount equal to the discounts provided. Additionally, the department is required to maintain an accounting of the lost revenue and include this information in its annual budget request.

Furthermore, the accounting records maintained by the Department of Wildlife and Fisheries will be subject to inspection and audit by the legislative auditor, ensuring transparency and accountability in the reimbursement process. The bill aims to provide a structured approach to managing the financial implications of offering free and discounted licenses while ensuring that the department can recover lost revenue effectively. The act is set to take effect on July 1, 2024.