§1831.12. Victims of Vehicular Homicide Fund; creation; sources and use of funds

            A. The Victims of Vehicular Homicide Fund, hereinafter referred to as "the fund", is hereby created as a special fund in the state treasury.

            B. The fund shall be composed of:

            (1) Monies derived from appropriations by the legislature or private funds not to exceed five hundred thousand dollars per fiscal year.

            (2) Any federal monies made available to the state for victim compensation.

            (3) All monies received from any action to recover damages for a crime which was the basis of a reparations award pursuant to this Chapter.

            (4) Any gift, grant, devise, or bequest of monies or properties of any nature or description.

            C. Monies in the fund shall be invested by the treasurer in the same manner as state general fund monies. Unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund. Subject to appropriation, monies in the fund shall be used solely to pay reparation awards pursuant to this Chapter, and disbursements therefrom shall be made by the state treasurer upon written order of the board, signed by the chairman, or a court.

            Acts 2023, No. 451, §2.

NOTE: Pursuant to R.S. 46:1831.16, this Chapter will terminate Aug. 1, 2027.