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HLS 26RS-659 ENGROSSED
2026 Regular Session
HOUSE BILL NO. 313
BY REPRESENTATIVE MCFARLAND
FUNDS/FUNDING: Provides for the transfer, deposit, and use of monies among state funds
1 AN ACT
2 To repeal R.S. 39:100.49 and 100.50, relative to certain treasury funds; to provide for the
3 transfer, deposit, and use, as specified, of monies in certain treasury funds and
4 accounts; to repeal certain treasury funds; to provide an effective date; and to provide
5 for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. Notwithstanding any provision of law to the contrary, the state treasurer
8 is hereby authorized and directed to transfer $144,268,468 to be comprised wholly of
9 nonrecurring revenues out of the State General Fund from the Fiscal Year 2024-2025
10 surplus, as recognized by the Revenue Estimating Conference, to the Budget Stabilization
11 Fund.
12 Section 2.(A) Notwithstanding any provision of law to the contrary, the state
13 treasurer is hereby authorized and directed to transfer $12,760,000 from the State General
14 Fund (Direct) into the Voting Technology Fund.
15 (B) Notwithstanding any provision of law to the contrary, the state treasurer is
16 hereby authorized and directed to transfer $5,000,000 from the State General Fund (Direct)
17 into the Oil and Gas Regulatory Dedicated Fund Account.
18 (C) Notwithstanding any provision of law to the contrary, the state treasurer is
19 hereby authorized and directed to transfer $1,000,000 from the State General Fund (Direct)
20 into the Carbon Dioxide Geologic Storage Trust Fund.
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HLS 26RS-659 ENGROSSED
HB NO. 313
1 (D) Notwithstanding any provision of law to the contrary, the state treasurer is
2 hereby authorized and directed to transfer $50,000,000 from the State General Fund (Direct)
3 into the State Emergency Response Fund.
4 Section 3.(A) Notwithstanding any provision of law to the contrary, the state
5 treasurer is hereby authorized and directed to transfer $900,000 from the State General Fund
6 (Direct) into the Imagination Library of Louisiana Fund.
7 (B) Notwithstanding any provision of law to the contrary, the state treasurer is
8 hereby authorized and directed to transfer $1,000,000 from the State General Fund (Direct)
9 into the Reading Enrichment and Academic Deliverables Fund.
10 (C) Notwithstanding any provision of law to the contrary, the state treasurer is
11 hereby authorized and directed to transfer $500,000 from the State General Fund (Direct)
12 into the Conservation Incentive Program Account.
13 Section 4. R.S. 39:100.49 and 100.50 are hereby repealed in their entirety.
14 Section 5.(A) The provisions of this Section and Sections 1, 2, and 4 of this Act shall
15 become effective upon signature by the governor or, if not signed by the governor, upon
16 expiration of the time for bills to become law without signature by the governor, as provided
17 by Article III, Section 18 of the Constitution of Louisiana. If vetoed by the governor and
18 subsequently approved by the legislature, this Act shall become effective on the day
19 following such approval.
20 (B) The provisions of Section 3 of this Act shall become effective July 1, 2026.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 313 Engrossed 2026 Regular Session McFarland
Abstract: Transfers state general fund monies to certain special funds and accounts in the
state treasury.
Proposed law transfers 25% of the FY 2024-2025 surplus ($144,268,468) to the Budget
Stabilization Fund.
Proposed law transfers the following amounts from the state general fund in the current
fiscal year:
(1) $50,000,000 to the State Emergency Response Fund.
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HB NO. 313
(2) $12,760,000 to the Voting Technology Fund.
(3) $5,000,000 to the Oil and Gas Regulatory Dedicated Fund Account.
(4) $1,000,000 to the Carbon Dioxide Geologic Storage Trust Fund.
Proposed law transfers the following amounts from the state general fund in Fiscal Year
2026-2027:
(1) $1,000,000 to the Reading Enrichment and Academic Deliverables Fund.
(2) $900,000 to the Imagination Library of Louisiana Fund.
(3) $500,000 to the Conservation Incentive Program Account.
Proposed law repeals the 2021 Market Adjustments Reduction Fund (R.S. 39:100.49) and
the 2021 Budget Reconciliation Fund (R.S. 39:100.50).
Effective upon signature of governor or lapse of time for gubernatorial action.
(Repeals R.S. 39:100.49 and 100.50)
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Appropriations to the
original bill:
1. Make various transfers from the state general fund in the current fiscal year.
2. Make various transfers from the state general fund in Fiscal Year 2026-2027.
3. Repeal the 2021 Market Adjustments Reduction Fund (R.S. 39:100.49) and the
2021 Budget Reconciliation Fund (R.S. 39:100.50).
4. Make technical changes.
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