§ 40:1321.2 — Office of Motor Vehicles Special Identification Card Dedicated Fund Account

Louisiana § 40:1321.2

• Jurisdiction: Louisiana
• Title 40: Public Health and Safety

Text

§1321.2. Office of Motor Vehicles Special Identification Card Dedicated Fund Account
A. There is hereby created, as a special statutorily dedicated fund account in the state
treasury, the Office of Motor Vehicles Special Identification Card Dedicated Fund Account,
hereafter referred to as the "Identification Card Account".
B. After compliance with the requirements of Article VII, Section 9(B) of the
Constitution of Louisiana relative to the Bond Security and Redemption Fund, the treasurer
shall pay an amount equal to one-third of the monies received by the state treasury pursuant
to the provisions of R.S. 40:1321(C) into the Identification Card Account. Monies in the
account shall be used for operational expenses of the Department of Public Safety and
Corrections, public safety services. All unexpended and unencumbered monies in the
account at the end of the fiscal year shall remain in the account. Monies in the account shall
be invested by the state treasurer in the same manner as monies in the state general fund and
shall be deposited into the state general fund.
C. Monies deposited into the Identification Card Account shall be available for
appropriation in Fiscal Years 2026, 2027, 2032, 2033, 2038, and 2039.
D. Monies deposited into the Identification Card 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 appropriations bill and shall be available for annual
appropriation by the legislature.
E. The provisions of this Section shall be null, void, and of no effect beginning on
July 1, 2039.

Legislative History

Acts 2021, No. 348, §2.