House Bill No. by Representative McMakin appropriates $3,639.68 from the State General Fund for the fiscal year 2024-2025 to pay a consent judgment in the case of "State of Louisiana, through the Department of Transportation and Development v. Martin T. Frey et al." This judgment, signed on July 14, 2022, involves the state and Farm Bureau Mutual Insurance Company as a subrogee of Four Oaks Farm, and is recorded under Number 48,028, Division A, in the Eighteenth Judicial District of Pointe Coupee Parish.
The bill stipulates that payment will only be made if the judgment is final and will cover principal, interest, court costs, and expert witness fees as awarded. It also clarifies that if there are any conflicts between the judgment and the provisions of the bill, the judgment will take precedence. Additionally, interest on the judgment will cease to accrue as of the effective date of the bill, which will take effect upon the governor's signature or after the designated time for gubernatorial action.