RS 39:100.81 - Community Water Enrichment Fund

LA Rev Stat § 39:100.81 (2018) (N/A)
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SUBPART P-1. COMMUNITY WATER ENRICHMENT FUND

§100.81. Community Water Enrichment Fund

A. There is hereby created in the state treasury, as a special fund, the Community Water Enrichment Fund, hereinafter referred to as the "fund". Subject to appropriation by the legislature, monies in the fund shall be used solely to fund rehabilitation, improvement, and construction projects for community water systems to provide drinking water to Louisiana's small rural communities.

B. The fund shall consist of any monies appropriated, allocated, or transferred to the 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. Unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund.

Acts 2008, No. 513, §14, eff. June 30, 2008.