Louisiana Revised Statutes 22:2371 – There is hereby created in the state treasury as a special fund the Insure Louisiana Incentive Fund, referred to in this Chapter as the “fund”. Monies appropriated or transferred to
Terms Used In Louisiana Revised Statutes 22:2371
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
There is hereby created in the state treasury as a special fund the Insure Louisiana Incentive Fund, referred to in this Chapter as the “fund”. Monies appropriated or transferred to the fund shall be deposited by the state treasurer after compliance with the provisions of La. Const. Art. VII, § 9(B) . Monies in the fund shall be invested in the same manner as monies in the state general fund and any interest earned on the investment of monies in the fund shall be credited to the fund. All unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund. Monies in the fund shall be used by the department to provide grants pursuant to the provisions of this Chapter.
Acts 2022, No. 754, §1.