Transfers $144,268,468 from the State General Fund surplus to the Budget Stabilization Fund.

Louisiana HB313 authorizes the state treasurer to transfer $144,268,468 from the State General Fund surplus to the Budget Stabilization Fund. This transfer is made up of nonrecurring revenues from the Fiscal Year 2024-2025 surplus. The act becomes effective upon the governor's signature or if not vetoed, upon the expiration of the time for bills to become law without signature. If vetoed, it takes effect the day after legislative approval.

Transfers $144,268,468 from the State General Fund surplus to the Budget Stabilization Fund.

Louisiana HB313 authorizes the state treasurer to transfer $144,268,468 from the State General Fund surplus to the Budget Stabilization Fund. This transfer is made up of nonrecurring revenues from the Fiscal Year 2024-2025 surplus. The act becomes effective upon the governor's signature or if not vetoed, upon the expiration of the time for bills to become law without signature. If vetoed, it takes effect the day after legislative approval.