House Bill No. by Representative Villio appropriates $10,000 from the State General Fund for the fiscal year 2024-2025 to pay a consent judgment in the case of State Farm Mutual Automobile Insurance Company v. Herman D. Oliver and the State of Louisiana, through the Department of Transportation and Development. The judgment, signed on March 2, 2023, is to be paid for principal, interest, court costs, and expert witness fees as awarded in the judgment. The bill stipulates that payment will only be made after the necessary documentation is presented to the state treasurer and that the judgment will be considered paid as of the effective date of the Act, with interest ceasing to accrue from that date.
The bill includes provisions that clarify the relationship between the judgment and the proposed law, stating that if there are any conflicts, the judgment will take precedence. Additionally, it specifies that interest on the judgment will not accrue after the effective date of the proposed law. The Act will become effective upon the governor's signature or, if not signed, after the time allowed for bills to become law without signature, as outlined in the Louisiana Constitution.