HCASB367 2549 5716 HOUSE COMMITTEE AMENDMENTS Regular Session ENROLLEDAmendments SENATEproposed BILLby NO.House Committee on Appropriations to Engrossed Senate Bill No.

367 BYby SENATORSenator EDMONDSEdmonds ANAMENDMENT ACTNO. To enact R.S.

38:3310,1 relativeOn topage the1, Watershedline Restoration5, after "District;" and Conservationbefore Fund;"and to" insert "to provide for an effective date;" AMENDMENT NO.

to2 provideOn forpage establishment1, ofline the12, fund;after "to" and before "as the" insert "in this Section" AMENDMENT NO.

to3 provideOnpage1, forline15, aafter"Basin"deletetheremainderofthelineinits purpose;entiretyandinsertthe following"impactedbysandandgravelminingoperations,withprioritygiventoflood- prone areas and impaired watersheds." AMENDMENT NO.

to4 provideOn forpage 2, at the transfer,deposit,end of line 1, delete "any" and useofmoniesdelete lines 2 and 3 in thefund;their entirety and insert the following:

to"onehundredpercentoftheportionofrecurringseverancetaxrevenues providecollectedonsandseveredfromwithin withthegeographicboundariesofthedistrict respecttothat theAmitewould Riverhave Basinbeen Drainagedeposited into the state general fund after allocations of such revenues otherwise required by the Constitution of Louisiana and Waterthe ConservationLouisiana District;Revised Statutes of 1950.

Monies designated for the fund and toreceived provideby forthe anstate effectivetreasurer date;from donations, gifts, grants, or other revenue shall be deposited into the fund." AMENDMENT NO.

to5 provideOn forpage related2, matters.delete lines 9 through 12 in their entirety and insert the following:

Be"E. it enacted by the Legislature of Louisiana:

Section 1.

R.S.

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".

B.

The purpose of the fund shall be to support the reclamation, restoration, and long-term stewardship of lands and watersheds within the Amite River Basin impacted by sand and gravel mining operations, with priority given to flood-prone areas and impaired watersheds.

C.AfterallocationofmoneytotheBondSecurityandRedemptionFund 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.

Monies designated for the fund and received by the state treasurer from donations, gifts, grants, or other revenue shall be deposited into the fund.

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

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

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.

Unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund.

E.

This Act shall become effective on July 1, 2026.2026." Page 1 of 1 CODING:

PRESIDENTWordsinstruckthroughtypearedeletionsfromexistinglaw;wordsunderscored OFare THEadditions. 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.