House Bill No. [insert number] seeks to amend and reenact various sections of Louisiana law related to treasury funds, introducing new funds and modifying existing provisions. Key highlights include the establishment of the Criminal Justice Technology Innovation Fund and the Strategic Investments Across Louisiana Fund, along with specific allocations from the State General Fund to various initiatives, such as $144,268,468 to the Budget Stabilization Fund and $12,760,000 to the Voting Technology Fund. The bill also mandates annual deposits into the Local Infrastructure Fund starting July 1, 2026, and sets deadlines for the expenditure of Hurricane Ida Recovery Fund monies, emphasizing the management and distribution of state funds to support education, infrastructure, and economic development.

Additionally, the bill creates a "Self-Insurance Fund" within the Department of the Treasury for state agencies, covering extraordinary medical and dental expenses for firemen and law enforcement officers, while capping survivor and disability benefit payments at five million dollars per fiscal year. It modifies the Motor Vehicle License Tax fund for highway maintenance in Jefferson Parish and increases the annual deposit limit for the Department of Justice Legal Support Fund from fifteen million to twenty million dollars. The bill also allows certain contracts to bypass prior approval from the Joint Legislative Committee on the Budget and mandates the state treasurer to invest the Site Investment and Infrastructure Improvement Fund separately, with investment income benefiting Louisiana Economic Development. Furthermore, it authorizes appropriations from the Revenue Stabilization Trust Fund for emergency conditions in Fiscal Year 2026-2027.

Statutes affected:
HB313 Engrossed:
HB313 Enrolled: 17:30(B), 39:118(B), 39:256(D), 39:1533(A), 48:197(B)(3), 49:259(B)(1), 51:2316(B)(2)