SCASB367 2282 2485 SENATE COMMITTEE AMENDMENTS Regular Session ENROLLEDAmendmentsproposedbySenateCommittee SENATEonFinanceto BILLOriginalSenateBill No.367by Senator Edmonds AMENDMENT NO.

3671 BYOn SENATORpage EDMONDS1, ANline ACT2, Todelete enact"R.S. R.S.

38:3310,30:1270” relative to the Watershed Restoration and Conservationinsert Fund;"R.S.

to38:3310" provideand forafter establishment"Watershed" ofand thebefore fund;"Conservation" insert "Restoration and" AMENDMENT NO.

to2 Onpage1, line3, after"purpose;"deletetheremainderofthelineanddeletelines 4through 6 and insert "to provide for athe purpose;transfer, deposit, and use of monies in the fund;

to provide forwith respect to the transfer,deposit,Amite River Basin Drainage and useofmoniesWater inConservation thefund;District;" AMENDMENT NO.

to3 provideOn withpage respectto1, theAmiteline River9, Basindelete Drainage"R.S. and Water Conservation District;

30:1270” and toinsert provide"R.S. for an effective date;

to38:3310" provideAMENDMENT forNO. related matters.

Be4 itOn enactedpage by1, theline Legislature10, ofdelete Louisiana:"§1270." and insert "§3310." AMENDMENT NO.

Section5 1.On page 1, delete lines 13 through 17, and insert the following:

R.S."referred to as the "fund".

38:3310 is hereby enacted to read as follows:

§3310.

Watershed Restoration and Conservation Fund A.

There is hereby established in the state treasury a special fund to be known as the "Watershed Restoration and Conservation Fund", hereinafter referred to in this Section as the "fund".

The purpose of the fund shall be to support the reclamation, restoration, and long-termlong-termstewardship stewardship of lands and watersheds within the Amite River Basin impactedDrainage by sand and gravelWater miningConservation operations,District. with priority given to flood-prone areas and impaired watersheds.

C.AfterallocationofmoneytotheBondSecurityandRedemptionFundC. as provided in Article VII, Section 9(B) of the Constitution of Louisiana, the treasurer shall deposit into the fund one hundred percent of the portion of recurring severance tax revenues collected on sand severed from within the geographic boundaries of the district that would have been deposited into the state general fund after allocations of such revenues otherwise required by the Constitution of Louisiana and the Louisiana Revised Statutes of 1950.

MoniesAfter designatedallocation forof money to the fundBond Security and receivedRedemption byFund as provided in Article VII, Section 9(B) of the stateConstitution of Louisiana, the treasurer fromshall donations,deposit gifts,into grants,the orfund otherany revenuemonies shalltransferred, bedonated, depositedor intoappropriated to the fund.fund by the legislature.

D.MoniesinD. the fund shall be invested in thesamemanneras monies in Page 1 of 2 Coding:

WordsMonies whichin arethe struckfund throughshall arebe deletionsinvested fromin existingthe law;same manner as monies in the stategeneralfund.

wordsAny interestearnedon the investment of monies in boldfacethe typefund andshall underscoredbe arecredited additions.to the fund.

SB NO.

367 ENROLLED the state general fund.

Any interest earned on the investment of monies in the fund shall be credited to the fund.

MoniesThe inlegislature themay fundappropriate shallmonies befrom appropriatedthe fund to the Coastalboard Protectionof andRestorationAuthorityforusebytheboardofcommissionersfortheAmitecommissioners of the Amite River Basin Drainage and Water Conservation District for useany aspurpose providedauthorized inpursuant Subsectionto Bthis ofSection." thisAMENDMENT Section.NO.

F.6 Delete pages 2 and 3 in their entirety AMENDMENT NO.

An7 annualOn reportpage detailing4, thedelete receipts,lines expenditures,1 andthrough funded4 activitiesPage of1 the Watershed Restoration and Conservation Fund shall be submitted by the board to the House Committee on Natural Resources and Environment and the Senate Committee on Natural Resources by March first of each1 calendar year.

Section 2.

This Act shall become effective on July 1, 2026.

PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED:

Page 2 of 2 Coding:

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.