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Code · Louisiana · Title 39 — Public Finance

RS 39:100.252

439 words·~2 min read·/la/title-39/39-1337

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RS 39:100.252
§100.252. Louisiana Transportation Infrastructure Fund
A. There is hereby established in the state treasury, as a special fund, the Louisiana Transportation Infrastructure Fund, hereinafter referred to in this Section as the "fund".
B. Any money transferred, donated, or appropriated to the fund by the legislature shall be deposited into the fund after compliance with the requirements of Article VII, Section 9(B) of the Constitution of Louisiana relative to the Bond Security and Redemption Fund.
C. All unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund. The monies in the fund shall be invested by the state treasurer in the same manner as monies in the state general fund, and interest earned on the investment of monies in the fund shall be credited to the fund.
D. The monies in the fund shall be utilized for the following:
(1)The amount of two hundred eighty-five million seven hundred fifteen thousand one hundred dollars shall be utilized in the Highway Priority Program.
(2)The amount of twenty-five million dollars shall be used for road transfer needs identified by the Department of Transportation and Development.
(3)The remaining monies in the fund shall be used solely for initiatives associated with transportation infrastructure and capital outlay projects.
E. For Fiscal Year 2025-2026, the monies deposited in the fund shall be utilized for the following:
(1)The amount of two hundred eighty million nine hundred thousand dollars of monies received into the fund shall be utilized in the Highway Priority Program.
(2)Of the monies remaining in the fund, the amount of two hundred forty nine million dollars shall be used for highway preservation projects.
(3)Of the remaining monies in the fund, the amount of one hundred million one hundred thousand dollars shall be used for projects included in the Bridge Bundling Program.
(4)Of the remaining monies in the fund, the amount of sixty-three million dollars shall be used for district maintenance funding.
(5)Of the remaining monies in the fund, the amount of four million dollars shall be used for initiatives for additional mowing cycles along state roads.
(6)Of the remaining monies in the fund, the amount of two million dollars shall be used for costs associated with road transfers identified by the Department of Transportation and Development.
(7)The remaining monies in the fund shall be used solely for initiatives associated with transportation infrastructure, maintenance on bodies of water and coastal restoration and protection projects, and capital outlay projects.
Acts 2024, No. 723, §3, eff. June 19, 2024; Acts 2025, No. 365, §3, eff. June 20, 2025.
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