La. Rev. Stat. § 39:100.58
Louisiana Small Business and Nonprofit Assistance Fund
Louisiana · Louisiana Revised Statutes Title 39 — Public Finance · Status: effective
Cite this
- Citation
- La. Rev. Stat. § 39:100.58, Louisiana Small Business and Nonprofit Assistance Fund, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2724704
- Permanent ID
ys:prov:2724704@1- SHA-256
5d9eb5d107756ce7772647341178a95cf864a9bf1cee50075d1a98ec8ee7ad62
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
A. There is hereby created in the state treasury, as a special fund, the "Louisiana Small Business and Nonprofit Assistance Fund", hereinafter referred to in this Section as the "fund". Monies in the fund shall be used to provide grants to small businesses and nonprofits for the administration of COVID-19 response and relief efforts in accordance with the provisions of the Louisiana Small Business and Nonprofit Assistance Program as provided in R.S. 39:100.44.2.
B. The treasurer is hereby authorized and directed to transfer ten million dollars from the Louisiana Rescue Plan Fund into the fund. Monies in the fund shall be invested in the same manner as monies in the state general fund. Interest earned on the investment of monies in the fund shall be deposited in and credited to the fund.
C. Any remaining balance in the fund on June 30, 2023, shall be transferred to the Louisiana Rescue Plan Fund.