Louisiana SB 326: FUNDS/FUNDING: Provides for the creation, transfer, dedication, deposit and use of the Non-Profits and Faith-Based Communities Outreach Fund. (gov sig) (OR SEE FISC NOTE FF RV)

Bill Text

SLS 22RS-514 ORIGINAL
2022 Regular Session
SENATE BILL NO. 326
BY SENATOR CARTER
FUNDS/FUNDING. Provides for the creation, transfer, dedication, deposit and use of the
Non-Profits and Faith-Based Communities Outreach Fund. (gov sig)
1 AN ACT
2 To amend and reenact R.S. 39:100.44.2(B)(7), and enact Subpart V of Part II-A of Chapter
3 1 of Subtitle 1 of Title 39 of the Louisiana Revised Statutes of 1950, to be comprised
4 of R.S. 39:100.171, relative to the dedication of funds from the American Rescue
5 Plan Act of 2021; to create the Non-Profits and Faith-Based Communities Outreach
6 Fund; to provide for the deposit of federal monies into the fund; to provide for uses
7 of the monies in the fund; to provide for an effective date; and to provide for related
8 matters.
9 Be it enacted by the Legislature of Louisiana:
10 Section 1. R.S. 39:100.44.2(B)(7) is hereby amended and reenacted and Subpart V
11 of Part II-A of Chapter 1 of Subtitle I of Title 39 of the Louisiana Revised Statutes of 1950,
12 comprised of R.S. 39:100.171, is hereby enacted to read as follows:
13 * * *
14 §100.44.2. Port Relief; Small Business and Nonprofit Assistance
15 (B)(1) * * *
16 (7) No grants shall be awarded pursuant to this Section after June 30, 20223.
17 * * *
Page 1 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.

SB NO. 326
SLS 22RS-514 ORIGINAL
1 SUBPART V. NON-PROFITS AND FAITH-BASED
2 COMMUNITIES OUTREACH FUND
3 §100.171. Non-Profits and Faith-Based Communities Outreach Fund
4 A. There is hereby created in the state treasury, as a special fund, the
5 Non-Profits and Faith-Based Communities Outreach Fund, referred to in this
6 Section as the "fund".
7 B. The state treasurer is hereby authorized and directed to deposit in and
8 credit to the fund ten million dollars of the federal monies allocated to
9 Louisiana pursuant to the Coronavirus State Fiscal Recovery Fund of the
10 American Rescue Plan Act of 2021.
11 C. Monies in the fund shall be invested in the same manner as monies in
12 the state general fund. Interest earned on the investment of monies in the fund
13 shall be deposited in and credited to the fund.
14 D. Monies in the fund shall be used to provide grant funding for
15 Louisiana non-profits and faith-based organizations impacted by COVID-19.
16 The office of the governor shall administer the grants.
17 E. Monies in the fund shall also be used to fund the Small Business and
18 Non-Profit Assistance program, as found in R.S. 39:100.44.2(B)
19 Section 2. This Act shall become effective upon signature by the governor or, if not
20 signed by the governor, upon expiration of the time for bills to become law without signature
21 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
22 vetoed by the governor and subsequently approved by the legislature, this Act shall become
23 effective on the day following such approval.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Bobbie Hunter.
DIGEST
SB 326 Original 2022 Regular Session Carter
Present law provides for the small business and non-profit assistance program which may
provide grants to eligible non-profit organizations which provide social services to
communities impacted by COVID-19. The deadline to award a grant is June 30, 2022.
Proposed law retains present law, but extends the deadline to June 30, 2023.
Page 2 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.

SB NO. 326
SLS 22RS-514 ORIGINAL
Proposed law creates the Non-Profits and Faith-Based Communities Outreach Fund and
directs the treasurer to deposit $10 million of federal monies allocated to La. pursuant to the
Coronavirus State Fiscal Recovery Fund of the American Rescue Plan Act of 2021 into the
fund.
Proposed law provides that monies in the fund shall be used to provide grant funding for La.
non-profits and faith-based organizations impacted by COVID-19.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends 39:100.44.2(B)(7); adds R.S. 39:100.171)
Page 3 of 3
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.