Louisiana Revised Statutes 40:1472.20 – A. The Explosives Trust Dedicated Fund Account is hereby established as a special statutorily dedicated fund account in the state treasury to support the efforts of the Department of
Terms Used In Louisiana Revised Statutes 40:1472.20
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Explosives: means any chemical compound, mixture, or device, the primary or common purpose of which is to function by explosion. See Louisiana Revised Statutes 40:1472.2
- unit: means the insurance fraud investigation unit within the Department of Public Safety and Corrections, office of state police. See Louisiana Revised Statutes 40:1421
A. The Explosives Trust Dedicated Fund Account is hereby established as a special statutorily dedicated fund account in the state treasury to support the efforts of the Department of Public Safety and Corrections, office of state police, explosives control unit. After deposit into the Bond Security and Redemption Fund, all funds collected pursuant to La. Rev. Stat. 40:1472.3(H) and 1472.9(D) shall be deposited in and credited to the Explosives Trust Dedicated Fund Account. Monies deposited into the account shall be categorized as fees and self-generated revenue for the sole purpose of reporting related to the executive budget, supporting documents, and general appropriation bills and shall be available for annual appropriation by the legislature.
B. The funds as specified in Subsection A of this Section shall be appropriated by the legislature and shall be used solely to support staffing, training, and the acquisition of equipment necessary for the handling of incidents involving the threat of or actual use of explosive or explosive devices which threaten the safety of the citizens of Louisiana. The amount of money deposited out of that collected pursuant to La. Rev. Stat. 40:1472.3(H) and 1472.9(D) shall not exceed one million dollars annually.
Acts 1999, No. 1202, §1; Acts 2021, No. 114, §10, eff. July 1, 2022.