Louisiana Statutes

§ 39:100.61 — New Opportunities Waiver Fund

Louisiana § 39:100.61
JurisdictionLouisiana
Title 39Procurement and Contract

This text of Louisiana § 39:100.61 (New Opportunities Waiver Fund) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 39:100.61 (2026).

Text

§100.61. New Opportunities Waiver Fund A. There is hereby created in the state treasury, as a special fund, the New Opportunities Waiver Fund, hereinafter referred to as the "fund." B.

(1)The source of monies in the fund shall be as follows:
(a)In any fiscal year, the state treasurer is directed to deposit twelve percent of all recurring state general fund revenue, not to exceed fifty million dollars in any fiscal year, as recognized by the Revenue Estimating Conference in excess of the Official Forecast at the beginning of the current fiscal year into the fund, and monies in the fund from this Subparagraph shall be used for appropriation in the ensuing fiscal year.
(b)Monies designated for the fund and received by the state treasurer from donations, gifts, grants, appropriations, or oth

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Legislative History

Acts 2007, No. 481, §1, eff. July 1, 2007; Acts 2012, No. 508, §1, eff. July 1, 2012; Acts 2018, No. 665, §1; Acts 2023, No. 187, §1, eff. July 1, 2023.

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Bluebook (online)
Louisiana § 39:100.61, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/39%3A100.61.