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LA SB183
Bill
Status
2/25/2026
Primary Sponsor
Glen Womack
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AI Summary
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Creates the Reserve Fund as a special fund in the Louisiana state treasury under R.S. 39:100.271
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Allows the legislature to transfer, donate, or appropriate money into the fund
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Unexpended and unencumbered monies remain in the fund at the end of each fiscal year and do not revert to the general fund
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Fund monies are invested by the state treasurer in the same manner as general fund monies, with interest earned credited back to the fund
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Withdrawals from the fund require an appropriation by the legislature
Legislative Description
Provides for the creation, transfer, dedication, deposit, and use of certain funds. (gov sig) (OR SG EX See Note)
FUNDS/FUNDING
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Finance.
3/9/2026