HB 786 Louisiana House · 2024 Regular Session

FUNDS/FUNDING: Provides for the transfer, deposit, and use of monies among state funds

HB 786 updates the rules for how the state manages and moves money between different special funds in the state treasury. The bill creates several new funds, including one for criminal justice and first responders, another for transportation infrastructure, and a higher education campus revitalization fund. It also changes how much money must be kept in the Revenue Stabilization Trust Fund and adjusts the deposit requirements for the Community Options Waiver Fund. Additionally, the legislation modifies existing laws to allow the state treasurer to transfer specific amounts between funds and to retain unspent money in various accounts at the end of each fiscal year.
Bill status signed all 5 stages cleared
Introduction
Mar 2024
Committee Review
May 2024
House Passage
Jun 2024
Senate Passage
May 2024
Signed into Law
Jun 2024
Introduced Mar 26, 2024 Signed Jun 19, 2024
Floor votes · Senate May 31, 2024 · House Apr 25, 2024

How they voted

360
Passed · 1 other
Total votes 37
May 31, 2024
D Democratic12
12 Yea
100% Yea
R Republican25
24 Yea 1
96% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
22
Key actions
5
Committee
3
Jun 2, 2024
Lower · Passed
Read by title, roll called, yeas 103, nays 1, Senate amendments concurred in.
lower
May 31, 2024
Upper · Passed
Senate floor amendments read and adopted. Read by title, passed by a vote of 38 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.
upper
May 23, 2024
Upper · Passed
Reported with amendments. Rules suspended. Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.
upper
Apr 25, 2024
Lower · Passed
Read third time by title, amended, roll called on final passage, yeas 102, nays 0. Finally passed, title adopted, ordered to the Senate.
lower
Apr 23, 2024
Lower · Passed
Reported with amendments (19-0).
lower
Mar 27, 2024
Committee
Read by title, under the rules, referred to the Committee on Appropriations.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jack McFarland
Jack McFarland
RRepublican
LA
13