2018 Louisiana Laws
Revised Statutes
TITLE 45 - Public Utilities and Carriers
RS 45:169.1 - Motor Carrier Regulation Fund
§169.1. Motor Carrier Regulation Fund
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 fund, hereby created in the state treasury and designated as the "Motor Carrier Regulation Fund", an amount equal to one hundred percent of the total sums recovered as provided in R.S. 45:168 and 169.
(2) The Motor Carrier Regulation Fund, hereinafter referred to as the "carrier fund", 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 fund and shall make disbursements from the fund for all necessary and appropriate expenditures.
C.(1) The monies in the carrier fund 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 fund shall be available to increase manpower and physical support for regulation of the intrastate motor carrier industry.
(3) Monies in the carrier fund shall be invested by the state treasurer as are monies in the state general fund. All interest earned on money invested by the state treasurer since the creation of the fund will be deposited into the state general fund.
D. In any cases where monies from the carrier fund 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 fund. Any monies so recovered shall be paid into the carrier fund as provided by this Section.
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.
