Louisiana Revised Statutes 39:100.146 – Rural Primary Care Physicians Development Fund; creation
Terms Used In Louisiana Revised Statutes 39:100.146
- 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
- Program: means a grouping of activities directed toward the accomplishment of a clearly defined objective or set of objectives. See Louisiana Revised Statutes 39:2
A. There is hereby established in the state treasury as a special fund the Rural Primary Care Physicians Development Fund, hereafter referred to in this Section as the “fund”. Monies appropriated or transferred to the fund shall be deposited by the state treasurer after compliance with the requirements of La. Const. Art. VII, § 9(B) relative to the Bond Security and Redemption Fund. 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 credited to the fund. Until December 1, 2024, unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund. The treasurer is hereby authorized and directed to transfer any unexpended and unencumbered monies in the fund on December 1, 2024, and any interest attributable to such funds, to the Louisiana Rescue Plan Fund. Monies in the fund shall be used by the Louisiana Department of Health to fund the Health Professional Development Program established pursuant to La. Rev. Stat. 40:1205.1 et seq.
B. The provisions of this Section shall terminate on December 31, 2026.
Acts 2022, No. 167, §4, eff. May 30, 2022.