House Bill No. by Representative Braud proposes the establishment of a new fund within the Department of Transportation and Development, specifically aimed at collecting and utilizing funds recovered from traffic accidents that cause damage to state property. This new legal framework, outlined in Chapter 38 of Title 48 of the Louisiana Revised Statutes, includes the creation of a recovery fund and stipulates that the collected funds will be used to repair the damaged state property or to reimburse local governing authorities that have already covered the repair costs.

Additionally, the bill specifies that any costs incurred by the department in the process of recovering these funds from the responsible parties will not be included in the fund's expenditures. This ensures that the funds are solely dedicated to repairing damages and supporting local authorities, thereby streamlining the process of addressing damages to state highways caused by traffic incidents.