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Louisiana Revised Statutes Tit. 18, § 454. Campaign Sign Recycling Fund

Current as of January 01, 2023 | Updated by Findlaw Staff

A. There is hereby established in the state treasury, as a special fund, the Campaign Sign Recycling Fund, hereinafter referred to in this Section as the “fund”.

B. (1) After allocation of money to the Bond Security and Redemption Fund as provided in Article VII, Section 9(B) of the Constitution of Louisiana, the treasurer shall deposit into the fund the following:

(a) Monies collected from candidate qualifying fees for an election pursuant to R.S. 18:464(B)(5).

(b) Monies designated for the fund and received by the state treasurer from donations, gifts, grants, appropriations, or other revenue.

(2) 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 deposited into the state general fund. Unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund.

C. (1) Monies in the fund shall be appropriated to the secretary of state for the recycling of political campaign signs.

(2) The secretary of state shall promulgate rules in accordance with the Administrative Procedure Act necessary for implementation and administration of the provisions of Paragraph (1) of this Subsection.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 18, § 454. Campaign Sign Recycling Fund - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-18-sect-454/

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