Louisiana Revised Statutes 39:100.21 – A. The Overcollections Fund, hereinafter referred to as the “fund”, is hereby created in the state treasury. Monies in the fund shall be invested in the same manner as monies in the
Terms Used In Louisiana Revised Statutes 39:100.21
- 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.
- Fund: means an independent fiscal and accounting entity with a self-balancing set of accounts recording cash or other resources together with all related liabilities, obligations, reserves, and equities which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with regulations, restrictions, and limitations. See Louisiana Revised Statutes 39:2
A. The Overcollections Fund, hereinafter referred to as the “fund”, is hereby created in the state treasury. Monies in the fund shall be invested in the same manner as monies in the state general fund. Interest earned on investment of monies in the fund shall be deposited in and credited to the state general fund. Except as otherwise provided in this Section, unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund.
B. Repealed by Acts 2018, No. 642, §4, eff. June 2, 2018.
Acts 2004, No. 585, §2, eff. July 1, 2004; Acts 2005, No. 179, §12, eff. June 28, 2005; Acts 2006, No. 639, §1, eff. June 27, 2006; Acts 2007, No. 196, §1, eff. June 27, 2007; Acts 2008, No. 424, §1, eff. June 21, 2008; Acts 2017, 2nd Ex. Sess., No. 1, §5, eff. July 1, 2017; Acts 2018, No. 642, §4, eff. June 2, 2018.