reglab/housing_qa huggingface dataset:
LA Rev Stat § 39:99.39 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.39. Security for payment of bonds; provisions of trust indenture or resolution

RS 99.39 - Security for payment of bonds; provisions of trust indenture or resolution A. In the discretion of the board, any bonds issued, and any ancillary contracts or derivative instruments made under the provisions of this Subpart, may be secured by a trust indenture by and between the corporation and the indenture trustee, which may be any trust company or bank having the powers of a trust company, whether located within or without the state. Such trust indenture, or the resolution of the board providing for the issuance of such bonds, may: (1) Pledge or assign all or any part of the income or other assets of the corporation available for such purpose. (2) Provide for the creation and maintenance of such reserves as the board shall determine to be proper. (3) Include covenants setting forth the duties of the corporation in relation to the bonds, the income of the corporation, and the Offshore Royalty Revenue assets. (4) Contain provisions respecting the custody, safeguarding and application of all monies and securities and such provisions for protecting and enforcing the rights and remedies (pursuant thereto and to the related agreement) of the holders and other beneficiaries as may be reasonable and proper and not in violation of law. (5) Contain such other provisions as the corporation may deem reasonable and proper for priorities and subordination among the holders and other beneficiaries. Any reference in this Subpart to a resolution of the board shall include any trust indenture authorized thereby. B. Any pledge or security interest made by the corporation shall be valid and binding from the time when the pledge or security interest is made. The income or other assets so pledged and then or thereafter received by the corporation shall immediately be subject to the lien of such pledge or security interest without any physical delivery thereof or further act, and the lien of any such pledge or security interest shall be valid and binding as against all parties asserting or having claims of any kind in tort, contract or otherwise against the corporation, irrespective of whether such parties have notice thereof. Neither the resolution nor any other instrument by which a pledge or security interest is created need be recorded or filed to perfect such pledge or security interest. C. Whether or not the bonds are of such form and character as to be negotiable instruments under the provisions of the Uniform Commercial Code, the bonds are hereby made negotiable instruments for all purposes, subject only to the provisions of the bonds for registration. Acts 2007, No. 249, §1, eff. July 6, 2007.
LA Rev Stat § 39:99.40 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.40. Ancillary contracts and derivative instruments

RS 99.40 - Ancillary contracts and derivative instruments A. The corporation may enter into, amend, or terminate, as it determines to be necessary or appropriate, any ancillary contracts (i) to facilitate the issuance, sale, resale, purchase, repurchase, or payments of bonds, including without limitation bond insurance, letters of credit and liquidity facilities, or (ii) to attempt to hedge risk or achieve a desirable effective interest rate or cash flow, subject to approval of the State Bond Commission and the Joint Legislative Committee on the Budget. The determination of the board, so approved, that an ancillary contract or the amendment or termination thereof is necessary or appropriate as aforesaid shall be conclusive. Such contracts shall be made upon the terms and conditions established by the board and approved by the State Bond Commission and the Joint Legislative Committee on the Budget, including without limitation provisions as to security, default, termination, payment, remedy and consent to service of process. B. The corporation may enter into, amend or terminate, any derivative instrument that it determines to be necessary or appropriate to place the obligations or investments of the corporation, as represented by the bonds or the investment of their proceeds, in whole or in part, on the interest rate, cash flow or other basis desired by the board, which contract may include without limitation contracts commonly known as interest rate swap agreements, and futures or contracts providing for payments based on levels of, or changes in, interest rates, subject to approval of the State Bond Commission. These contracts or arrangements may be entered into by the corporation, subject to approval of the State Bond Commission and the Joint Legislative Committee on the Budget, in connection with, or incidental to, entering into, or maintaining any (i) agreement which secures bonds or (ii) investment or contract providing for investment otherwise authorized by law. The determination of the board, so approved, that a derivative instrument or the amendment or termination thereof is necessary or appropriate as aforesaid shall be conclusive. These contracts and arrangements may contain such payment, security, default, remedy, and other terms and conditions as determined by the board and approved by the State Bond Commission and the Joint Legislative Committee on the Budget, after giving due consideration to the creditworthiness of the counterparty or other obligated party, including any rating by any nationally recognized rating agency, and any other criteria as may be appropriate. Acts 2007, No. 249, §1, eff. July 6, 2007.
LA Rev Stat § 39:99.43 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.43. Bonds exempt from taxation

RS 99.43 - Bonds exempt from taxation  The bonds, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be free and exempt from taxation by the state of Louisiana and by any other political subdivision of the state.  Acts 2007, No. 249, §1, eff. July 6, 2007; Acts 2017, No. 357, §1.
LA Rev Stat § 39:99.44 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.44. Bond and other proceeds received by the state

RS 99.44 - Bond and other proceeds received by the state  All proceeds and monies received by the state, whether received as purchase price for assets sold or as the residual interests or in any other way pursuant to this Subpart, shall be deposited in and credited to the Coastal Protection and Restoration Fund.  Acts 2007, No. 249, §1, eff. July 6, 2007; Acts 2017, No. 357, §1.
LA Rev Stat § 39:99.45 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.45. Pledge and agreement

RS 99.45 - Pledge and agreement  A. The state covenants and agrees with the corporation, and the holders of the bonds in which the corporation has included such pledge and agreement, that the state will (i) irrevocably direct the U.S. Department of the Interior or any successor agency to transfer all conveyed Offshore Royalty Revenue payments directly to the corporation or its assignee, (ii) enforce the corporation's rights to receive the Offshore Royalty Revenue payments to the full extent permitted by the law, (iii) not amend the state law in any manner that would materially impair the rights of the holders, (iv) not limit or alter the rights of the corporation to fulfill the terms of its agreements with such holders, and (v) not in any way impair the rights and remedies of such holders or the security for such bonds until such bonds, together with the interest thereon and all costs and expenses in connection with any action or proceeding by or on behalf of such holders, are fully paid and discharged.  B. Notwithstanding the provisions of any law or statute applicable to or constituting any limitation upon the sale of bonds or notes, or upon the execution of related documentation and agreements, any parish and other local governing entity that is a coastal political subdivision is hereby authorized to sell to the corporation all or a portion of their twenty percent of the allocable share due the state of Louisiana pursuant to the Gulf of Mexico Energy Security Act of 2006.  Acts 2007, No. 249, §1, eff. July 6, 2007; Redesignated from R.S. 39:99.43 pursuant to Acts 2017, No. 357, §2.
LA Rev Stat § 39:99.46 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.46. Construction and effect

RS 99.46 - Construction and effect  This Subpart and all powers granted hereby shall be liberally construed to effectuate its and their purposes, without implied limitations thereon. This Subpart shall constitute full and complete authority for all things herein contemplated to be done. All rights and powers herein granted shall be cumulative with those derived from other sources and shall not, except as expressly stated herein, be construed in limitation thereof. Insofar as the provisions of this Subpart are inconsistent with the provisions of any other law, general or special, the provisions of this Subpart shall be controlling. If a provision of this Subpart or its application is held invalid, the invalidity shall not affect other provisions or application of this Subpart which can be given effect without the invalid provisions or application.  Acts 2007, No. 249, §1, eff. July 6, 2007; Redesignated from R.S. 39:99.44 pursuant to Acts 2017, No. 357, §2.
LA Rev Stat § 39:100.11 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.11. Jean Boudreaux Settlement Compromise Fund; purpose

RS 100.11 - Jean Boudreaux Settlement Compromise Fund; purpose  A. There is hereby created in the state treasury, as a special fund, the "Jean Boudreaux Settlement Compromise Fund", hereinafter referred to in this Section as the "fund".  B. Notwithstanding any provision of law to the contrary, the state treasurer is hereby authorized and directed to transfer $15,000,000 from the state general fund (direct) into the fund.  C. 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.  D. Monies in the fund shall be used for payment of amounts due pursuant to a compromise agreement regarding the judgment captioned "Jean Boudreaux and the Victims of the Flood on April 6, 1983 on the Tangipahoa River versus the State of Louisiana, Department of Transportation, et al.", rendered on June 10, 2005, bearing Number 2004 CA 0985, on the docket of the Court of Appeal, First Circuit, state of Louisiana. The monies payable pursuant to this Section shall be paid to the plaintiffs through Hancock Bank, as escrow agent, into escrow account number 1097000229. Payment shall be made as to this judgment only after presentation to the state treasurer of documentation required by the state treasurer. Payments out of the fund shall not be made without prior approval of the compromise agreement by the Joint Legislative Committee on the Budget.  Acts 2021, No. 114, §20, eff. June 7, 2021.
LA Rev Stat § 39:100.12 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.12. Repealed by Acts 2012, No. 834, §13, eff. July 1, 2012.

RS 100.12 - Repealed by Acts 2012, No. 834, §13, eff. July 1, 2012.
LA Rev Stat § 39:100.21 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.21. Overcollections Fund

RS 100.21 - Overcollections Fund  A. The Overcollections Fund, hereinafter referred to as the "fund", is hereby created in the state treasury. 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 in and credited to the state general fund. Except as otherwise provided in this Section, unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund.  B. Repealed by Acts 2018, No. 642, §4, eff. June 2, 2018.  Acts 2004, No. 585, §2, eff. July 1, 2004; Acts 2005, No. 179, §12, eff. June 28, 2005; Acts 2006, No. 639, §1, eff. June 27, 2006; Acts 2007, No. 196, §1, eff. June 27, 2007; Acts 2008, No. 424, §1, eff. June 21, 2008; Acts 2017, 2nd Ex. Sess., No. 1, §5, eff. July 1, 2017; Acts 2018, No. 642, §4, eff. June 2, 2018.
LA Rev Stat § 39:100.26 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.26. Louisiana Superdome Fund; purpose

RS 100.26 - Louisiana Superdome Fund; purpose  A. There is hereby created in the state treasury, as a special fund, the "Louisiana Superdome Fund", hereinafter referred to in this Section as the "fund".  B. Notwithstanding any provision of law to the contrary, the proceeds received by the state from the final disposition of the following pending matters: Jazz Casino Company, LLC v. Secretary, Department of Revenue, State of Louisiana, 19th JDC, Docket No. 597,371; Jazz Casino Company, LLC v. Secretary, Department of Revenue, State of Louisiana, 19th JDC, Docket 622,075; Jazz Casino Company, LLC v. Secretary, Department of Revenue, State of Louisiana, BTA Docket 9562D; JCC Fulton Development, LLC v. Secretary, Department of Revenue, State of Louisiana, 19th JDC, Docket No. 597,372; JCC Fulton Development, LLC v. Secretary, Department of Revenue, State of Louisiana, 19th JDC, Docket No. 622,076; JCC Fulton Development, LLC v. Secretary, Department of Revenue, State of Louisiana, BTA Docket No. 9562D; and Secretary, Department of Revenue, State of Louisiana v. Jazz Casino Company, LLC and JCC Fulton Development, LLC, 19th JDC, Docket No. 670,597 (hereinafter the "Jazz Casino Litigation"), shall be deposited into the fund. No proceeds shall be deposited into the fund resulting from the Jazz Casino Litigation that are attributable to outstanding debt secured by and payable from such proceeds, court costs, or attorney fees.  C. 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.  D. Monies in the fund may be used to partially defray the cost of upgrades to certain state facilities or for operational costs by the Louisiana Stadium and Exposition District.  Acts 2021, No. 114, §8, eff. June 7, 2021; Acts 2021, No. 448, §1, eff. June 30, 2021.
LA Rev Stat § 39:100.35 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.35. Calcasieu River Bridge Fund

RS 100.35 - Calcasieu River Bridge Fund  A. There shall be established in the state treasury, as a special permanent trust fund, the Calcasieu River Bridge Fund, hereinafter referred to as the "fund". After allocation of money to the Bond Security and Redemption Fund as provided in Article VII, Section 9(B) of the Constitution of Louisiana, and notwithstanding any other provision of law to the contrary, the treasurer shall deposit in and credit to the fund, the proceeds received by the state of Louisiana from the settlement, judgment, or final disposition of the litigation filed by the state of Louisiana or the Louisiana Department of Transportation and Development bearing Docket Number 2008-002684 in the Fourteenth Judicial District Court, or any other litigation filed by the state of Louisiana or Department of Transportation and Development claiming damages for actual or alleged subsurface contamination within two miles of the Interstate 10 Calcasieu River Bridge for incidents occurring prior to August 1, 2019, and alleged to require remediation.  B. 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 those monies shall be credited to the fund.  C. Subject to an appropriation by the legislature, monies in the fund shall be used solely for the planning and construction of a new Interstate 10 Calcasieu River Bridge in Lake Charles.  D. The dedication of recovered funds pursuant to the provisions of this Section shall not be admissible in any trial or litigation referenced in Subsection A of this Section.  Acts 2019, No. 176, §1, eff. June 11, 2019.
LA Rev Stat § 39:100.36 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.36. Repealed by Acts 2012, No. 834, §13, eff. July 1, 2012.

RS 100.36 - Repealed by Acts 2012, No. 834, §13, eff. July 1, 2012.
LA Rev Stat § 39:100.41 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.41. Legislative intent

RS 100.41 - Legislative intent  It is the intent of the legislature to provide economic support to Louisiana political subdivisions and businesses for costs incurred for and continued response to the Coronavirus disease (COVID-19) pandemic from federal funds provided pursuant to Section 5001 of the CARES Act, which created the Coronavirus Relief Fund from which the state received over one billion eight hundred million dollars (CARES Act), of which the state's portion is over nine hundred ninety-one million dollars. The state desires to use a portion of the remaining portion of the CARES fund monies in the amount of five hundred eleven million one hundred seventy-eight thousand seven hundred four dollars for economic support through the Coronavirus Local Recovery Allocation Program for local government units to be administered by the division of administration and the Governor's Office of Homeland Security and Emergency Preparedness. The state further desires to use a portion of the CARES fund monies in the amount of three hundred million dollars for the Louisiana Main Street Recovery Program for economic support for eligible businesses to be administered by the state treasurer, all as established in this Subpart. The State further desires to use a total of fifty million dollars, of which twenty-five million dollars shall come from the Coronavirus Local Recovery Allocation Fund and twenty-five million dollars shall come from the Louisiana Main Street Recovery Fund, for the funding of a one-time hazard pay rebate for essential critical infrastructure workers.  Acts 2020, No. 311, §1, eff. June 12, 2020; Acts 2020 1st Ex. Sess., No. 10, §6, eff. July 13, 2020.
LA Rev Stat § 39:100.45 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.45. State Coronavirus Relief Fund

RS 100.45 - State Coronavirus Relief Fund  A. There is hereby created and established in the state treasury, as a special fund, the State Coronavirus Relief Fund, hereinafter the "relief fund". On December 1, 2020, the treasurer is authorized and directed to transfer any unobligated monies in the Coronavirus Local Recovery Allocation Fund and the Louisiana Main Street Recovery Fund to the relief fund to be used by the state, subject to appropriation if the legislature is in session, or the Joint Legislative Committee on the Budget, if the legislature is not in session, for the purposes of providing monies to local government units, eligible businesses, or the state in accordance with the provisions of this Subpart and the CARES Act.  B. The monies in the relief fund shall be invested in the same manner as monies in the state general fund. Interest earned on the investment of monies in the relief fund shall be deposited in and credited to the relief fund. If applicable under federal guidelines, unexpended and unencumbered monies in the relief fund shall remain in the relief fund.  Acts 2020, No. 311, §1, eff. June 12, 2020; Acts 2020, 1st Ex. Sess., No. 10, §6, eff. July 9, 2020; Acts 2021, No. 114, §24, eff. June 7, 2021. NOTE: Act No. 114 of the 2021 R.S. transferred remaining coronavirus relief funds to the State Coronavirus Relief Fund on June 30, 2021.
LA Rev Stat § 39:100.46 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.46. Changes in federal legislation

RS 100.46 - Changes in federal legislation  If federal legislation is introduced and enacted which authorizes federal disaster funds to be used for revenue loss, the Joint Legislative Committee on the Budget is authorized to transfer any remaining funds to the Coronavirus Local Recovery Allocation Fund for disbursement.  Acts 2020, No. 311, §1, eff. June 12, 2020.
LA Rev Stat § 39:100.47 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.47. Duties of the legislative auditor

RS 100.47 - Duties of the legislative auditor  For purposes of this Subpart, the legislative auditor is hereby authorized to review all applications for compliance with the provisions of the programs established in this Subpart. The treasurer's office and the Governor's Office of Homeland Security and Emergency Preparedness shall be responsible for providing the legislative auditor all claims and necessary documentation to carry out his reviews. The legislative auditor shall report any findings to the Legislative Audit Advisory Council and the Joint Legislative Committee on the Budget.  Acts 2020, No. 311, §1, eff. June 12, 2020.
LA Rev Stat § 39:100.48 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§100.48. Critical Infrastructure Workers Hazard Pay Rebate Fund

RS 100.48 - Critical Infrastructure Workers Hazard Pay Rebate Fund  A. There is hereby created and established in the state treasury, as a special fund, the Critical Infrastructure Workers Hazard Pay Rebate Fund, hereinafter the "rebate fund". The treasurer is authorized and directed to transfer twenty-five million from the Coronavirus Local Recovery Allocation Fund and twenty-five million from the Louisiana Main Street Recovery Fund for deposit to the rebate fund.  B. The monies in the rebate fund shall be invested in the same manner as monies in the state general fund. Interest earned on the investment of monies in the rebate fund shall be deposited in and credited to the rebate fund. If applicable under federal guidelines, unexpended and unencumbered monies in the rebate fund shall remain in the rebate fund.  C. Monies in the rebate fund shall be appropriated to the state treasurer to be used to provide a one-time hazard pay rebate to essential critical infrastructure workers as provided in Act No. 12 of the 2020 First Extraordinary Session of the Legislature. Any unobligated balance in the rebate fund on June 30, 2021, shall be transferred to the State Coronavirus Relief Fund.  Acts 2020 1st Ex. Sess., No. 10, §6, eff. July 13, 2020; Acts 2021, No. 114, §9, eff. June 7, 2021.