§ 32:1731 — Louisiana Towing and Storage Dedicated Fund Account

Louisiana § 32:1731

• Jurisdiction: Louisiana
• Title 32: Levees

Text

§1731. Louisiana Towing and Storage Dedicated Fund Account
All fees and fines collected pursuant to the provisions of this Chapter shall be paid
into the state treasury on or before the twenty-fifth day of the month following their
collection and, in accordance with Article VII, Section 9 of the Constitution of Louisiana,
shall be credited to the Bond Security and Redemption Fund. Out of the funds remaining in
the Bond Security and Redemption Fund, after a sufficient amount is allocated therefrom to
pay all obligations secured by the full faith and credit of the state which become due and
payable within each fiscal year, the treasurer shall pay an amount equal to the total amount
of funds paid into the treasury into a special statutorily dedicated fund account, which is
hereby created in the state treasury and designated as the "Louisiana Towing and Storage
Dedicated Fund Account", hereafter referred to as the "account". All funds collected or
received pursuant to this Chapter and deposited in the account shall be administered by the
deputy secretary of public safety services. The account shall be used solely to fund personnel
positions and the activities and enforcement of this Chapter by the office of state police and
only in the amount appropriated by the legislature with all remaining funds to be deposited
in the state general fund. Monies deposited into the account shall be categorized as fees and
self-generated revenue for the sole purpose of reporting related to the executive budget,
supporting documents, and general appropriation bills and shall be available for annual
appropriation by the legislature.

Legislative History

Acts 1989, No. 522, §1; Acts 2001, No. 856, §1; Acts 2021, No. 114, §7, eff. July 1, 2022.