Louisiana Revised Statutes 3:1430.13 – Disposition of fees and penalties
Terms Used In Louisiana Revised Statutes 3:1430.13
- Consumer: means any person who purchases agricultural liming materials for use on fields owned or leased by that person. See Louisiana Revised Statutes 3:1430.2
- 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.
A. All fees and penalties provided for in this Part shall be paid to the commission and disposed of as provided in this Section.
B. All deficiency assessments imposed under the provisions of La. Rev. Stat. 3:1430.11(A), (B), (C), or (D) shall be paid to the consumer if the identity of the consumer can be ascertained.
C. All fees, all deficiency assessments imposed under the provisions of La. Rev. Stat. 3:1430.11(A), (B), (C), or (D) for which the consumer cannot be ascertained, and all penalties imposed under the provisions of La. Rev. Stat. 3:1430.11(E), subject to the exceptions contained in La. Const. Art. VII, § 9 , shall be deposited immediately upon receipt into the state treasury and shall be credited to the Bond Security and Redemption Fund.
D. Out of the funds remaining in the Bond Security and Redemption Fund after a sufficient amount is allocated from that fund to pay all obligations secured by the full faith and credit of the state which become due and payable within any fiscal year, the treasurer, prior to placing the remaining funds in the state general fund, shall pay an amount equal to the total amount of the funds paid into the state treasury under the provisions of Parts II and III of this Chapter into the Feed and Fertilizer Fund. The funds are to be used for the expenses of the programs established for the purposes of Parts II and III of this Chapter and for the other purposes for which funds in the Feed and Fertilizer Fund may be used as determined by the commissioner.
Acts 2010, No. 579, §1; Acts 2011, No. 31, §1; Acts 2013, No. 26, §1, eff. May 23, 2013.