LEGISLATIVE FISCAL OFFICE
Fiscal Note
Fiscal Note On: HB 513 HLS 21RS 691
Bill Text Version: ENGROSSED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: May 13, 2021 4:54 PM Author: LANDRY
Dept./Agy.: Treasury
Subject: Burial Fund for Pregnancy-Related Maternal Deaths Analyst: Tanesha Morgan
FUNDS/FUNDING EG NO IMPACT SD EX See Note Page 1 of 1
Establishes a burial fund for pregnancy-related maternal deaths
Proposed law establishes the Burial Fund for Pregnancy-Related Maternal Deaths in the state treasury to provide assistance
to next of kin for burial costs in the event of a pregnancy-related maternal death. Requires that, after allocation of monies
pursuant to present constitution relative to the Bond Security and Redemption Fund, the treasurer shall deposit into the fund
all gifts, grants, donations, and appropriations made to the fund. Further provides that all unexpended and unencumbered
monies in the fund shall remain in the fund. Provides that monies in the fund shall be invested by the treasurer in the same
manner as monies in the state general fund. Authorizes interest earned on investment of fund monies to be credited to the
fund. Proposed law further requires the legislature to provide by law for a program to administer payments from the fund.
EXPENDITURES 2021-22 2022-23 2023-24 2024-25 2025-26 5 -YEAR TOTAL
State Gen. Fd. SEE BELOW $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other SEE BELOW SEE BELOW SEE BELOW SEE BELOW SEE BELOW
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total
REVENUES 2021-22 2022-23 2023-24 2024-25 2025-26 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
EXPENDITURE EXPLANATION
There is no anticipated direct material effect on governmental expenditures as a result of this measure. Proposed law
creates the Burial Fund for Pregnancy-Related Maternal Deaths in the state treasury to provide assistance to next of kin for
burial costs in the event of a pregnancy-related maternal death, but does not provide a recurring source of revenues.
Proposed law provides that the legislature shall provide by law for a program to administer payments from the fund. To the
extent monies are deposited into the fund through gifts, grants, donations, or appropriations into the fund by the legislature,
statutory dedication expenditures out of the fund will increase to make payments to qualifying beneficiaries.
Creating a new statutory dedication within the state treasury will result in a marginal workload increase for the Department
of Treasury, which can generally be absorbed within existing resources. However, to the extent other legislative instruments
create new statutory dedications, there may be material additional costs associated with the aggregate effort to administer
these funds. The Treasury performs fund accounting, financial reporting, banking and custodial functions for 404 special
funds. When unable to absorb additional workload with existing resources, the Treasury anticipates it will be required to add
one T.O. position at a total personnel services cost of approximately $71,000, plus approximately $2,450 for a one-time
purchase of office equipment. These expenditures are assumed to be SGF in this fiscal note.
REVENUE EXPLANATION
There is no anticipated direct material effect on governmental revenues as a result of this measure. Proposed law creates
the Burial Fund for Pregnancy-Related Maternal Deaths in the state treasury but does not provide a recurring source of
revenues. Monies deposited into the fund will be contingent upon gifts, grants, donations, or appropriations into the fund by
the legislature.
Senate Dual Referral Rules House
13.5.1 >= $100,000 Annual Fiscal Cost {S & H} 6.8(F)(1) >= $100,000 SGF Fiscal Cost {H & S}
Alan M. Boxberger
13.5.2 >= $500,000 Annual Tax or Fee 6.8(G) >= $500,000 Tax or Fee Increase
Change {S & H} or a Net Fee Decrease {S} Staff Director