§ 45:169.1 — Motor Carrier Regulation Dedicated Fund Account

Louisiana § 45:169.1

• Jurisdiction: Louisiana
• Title 45: Public Utilities and Carriers

Text

§169.1. Motor Carrier Regulation Dedicated Fund Account
A.(1) All monies recovered by the transportation division of the Public Service
Commission, by the collection of intrastate application, registration, and permit fees, and
fines collected from penalties, shall be deposited into the state treasury and shall be credited
to the Bond Security and Redemption Fund. After satisfaction of the requirements of the
Bond Security and Redemption Fund, the treasurer shall deposit into the special statutorily
dedicated fund account, hereby created in the state treasury and designated as the "Motor
Carrier Regulation Dedicated Fund Account", an amount equal to one hundred percent of the
total sums recovered as provided in R.S. 45:168 and 169. Monies deposited into this 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.
(2) The Motor Carrier Regulation Dedicated Fund Account, hereinafter referred to
in this Section as the "carrier account", shall additionally consist of all funds received by
donation, grant, gift, or otherwise from any source and sums appropriated specifically to it
by the legislature for increased regulatory enforcement of motor carriers.
B. The director of the transportation division of the Public Service Commission shall
administer the carrier account and shall make disbursements from the carrier account for all
necessary and appropriate expenditures.
C.(1) The monies in the carrier account shall be used to defray the cost of regulation
of the intrastate motor carrier industry, specifically by the transportation division of the
Public Service Commission.
(2) Monies in the carrier account shall be available to increase manpower and
physical support for regulation of the intrastate motor carrier industry.
(3) Monies in the carrier account shall be invested by the state treasurer in the same
manner as are monies in the state general fund. All interest earned on carrier account money
invested by the state treasurer shall be deposited into the state general fund.
D. In any cases where monies from the carrier account are expended in the
prosecution of any violation of this Chapter, the attorney general shall institute a civil action
to recover from the responsible person all such monies expended from the carrier account.
Any monies so recovered shall be paid into the carrier account as provided by this Section.

Legislative History

Acts 1956, No. 120, §1. Acts 1984, No. 819, §1; Acts 1992, No. 871, §1, eff. July 1, 1993; Acts 2007, No. 108, §1; Acts 2008, No. 724, §2, eff. July 6, 2008; Acts 2021, No. 114, §11, eff. July 1, 2022.