2015 Louisiana Laws
Revised Statutes
TITLE 40 - Public Health and Safety
RS 40:16.2 - Department of Health and Hospitals' Facility Support Fund

§16.2. Department of Health and Hospitals' Facility Support Fund

A. There is hereby created, as a special fund in the state treasury, the Department of Health and Hospitals' Facility Support Fund, hereinafter referred to as the "fund".

B.(1) Notwithstanding any other provision of law to the contrary, after compliance with the requirements of Article VII, Section 9(B) of the Constitution of Louisiana, relative to the Bond Security and Redemption Fund, and after a sufficient amount is allocated from that fund to pay all of the obligations secured by the full faith and credit of the state which become due and payable within any fiscal year, the treasurer shall pay an amount into the fund equal to the amount collected by the state attributable to the sale or lease of timber or fruit harvested from real property in the custody of the Department of Health and Hospitals. Prior to a sale or lease of timber or fruit authorized by this Paragraph, the commissioner of administration shall review the terms of the sale or lease to ascertain that the sale or lease amount constitutes fair market value or greater for the timber or fruit.

(2) Monies appropriated from the fund shall be used solely as provided in Subsection C of this Section and only in the amounts appropriated by the legislature. All unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund. The monies in the fund shall be invested by the state treasurer in the same manner as monies in the state general fund, and interest earned on the investment of these monies shall be credited to the fund following compliance with the requirements of Article VII, Section 9(B) of the Constitution of Louisiana, relative to the Bond Security and Redemption Fund.

C.(1) Subject to annual appropriation by the legislature, the monies in the fund shall be used solely to maintain, improve, repair, remediate, or restore any state-owned structures on property in the same Department of Health and Hospitals facility as the property from which the revenues deposited into the fund were generated.

(2) Monies appropriated from the fund shall not be used to displace, replace, or supplant appropriations from the state general fund for the Department of Health and Hospitals below the amount of state general fund appropriations therefor for 2007-2008 Fiscal Year.

Acts 2007, No. 438, §2, eff. July 11, 2007.