House Bill No. [insert bill number] appropriates $10,000 from the State General Fund for the fiscal year 2024-2025 to pay a consent judgment resulting from the lawsuit "Direct General Insurance Co. of Louisiana v. Tonia Boggs et al." consolidated with "William Tyler Walker et al. v. FCCI Insurance Co. et al." This judgment, signed on June 12, 2023, involves the state of Louisiana, through the Department of Transportation and Development, and MLA Logging, LLC. The bill outlines that the payment will cover principal, interest, court costs, and expert witness fees as awarded in the judgment, and it stipulates 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 also includes provisions that clarify the relationship between the judgment and the proposed law, stating that if there are any conflicts, the judgment's provisions will take precedence. Additionally, it specifies that the payment will only be made after the necessary documentation is presented to the state treasurer. The Act will become effective upon the governor's signature or, if not signed, after the expiration of the time for bills to become law without signature, as outlined in the Louisiana Constitution.