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Louisiana Wetlands Conservation and Restoration Fund, Amendment 1 (September 2006)

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Louisiana Constitution
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Preamble
Articles
IIIIIIIVVVIVIIVIIIIXXXIXIIXIIIXIV
Louisiana Amendment 1, also known as the Wetlands Conservation and Restoration Fund, was on the September 30, 2006 primary election ballot in Louisiana as a legislatively-referred constitutional amendment, where it was approved.[1]

Amendment 1 amended Section 10(D)(2)(e), Section 10.2 and Sections 10.5(B) and (C)) of Article VII of the Louisiana Constitution in order to:

  • Change the name of the Wetlands Conservation and Restoration Fund to the Coastal Protection and Restoration Fund.
  • Provide that the eligible federal revenues received by the state generated from Outer Continental Shelf oil and gas activity be credited to the Coastal Protection and Restoration Fund.
  • Provide that such funds be used only for purposes of "coastal wetlands conservation, coastal restoration, hurricane protection, and infrastructure directly impacted by coastal wetland losses."

Election results

Amendment 1, Primary
ResultVotesPercentage
Approveda Yes 525,734 82%
No117,33418%

Text of measure

The language that appeared on the ballot:

To be considered in the September 30, 2006 primary election. To change the name from the Wetlands Conservation and Restoration Fund to the Coastal Protection and Restoration Fund; to provide that the eligible federal revenues received by the state generated from Outer Continental Shelf oil and gas activity shall be credited to the Coastal Protection and Restoration Fund and used only for purposes of coastal wetlands conservation, coastal restoration, hurricane protection, and infrastructure directly impacted by coastal wetland losses.

(Amends Article VII, Sections 10(D)(2)(e), 10.2, and 10.5(B) and (C))

SENATE BILL NO. 27, FIRST EXTRAORDINARY SESSION, 2005

Present Constitution provides that the Revenue Estimating Conference shall prepare estimates of money to be received by the state general fund and dedicated funds which are recurring and which are nonrecurring. Except as otherwise provided by this constitution, the appropriation or allocation of any money designated in the official forecast as nonrecurring shall be made only for the following purposes: (1) retiring or for the defeasance of bonds in advance or in addition to the existing amortization requirements of the state; (2) providing for payments against the unfunded accrued liability of the public retirement systems which are in addition to any payments required for the annual amortization of the unfunded accrued liability; (3) providing funding for capital outlay projects in the comprehensive state capital budget; (4) providing for allocation or appropriation for deposit into the Budget Stabilization Fund; (5) providing for allocation or appropriation for deposit into the Wetlands Conservation and Restoration Fund; and (6) providing for new highway construction projects for which federal matching funds are available, without excluding highway projects eligible as capital projects under this constitution.

Present Constitution established in the state treasury the Wetlands Conservation and Restoration Fund to provide a dedicated, recurring source of revenues for the development and implementation of a program to conserve and restore Louisiana's vegetated wetlands.

Proposed Constitutional Amendment changes the name of the Wetlands Conservation and Restoration Fund to the Coastal Protection and Restoration Fund.

Also changes the purpose of the fund from the development and implementation of a program to conserve and restore Louisiana's vegetated wetlands to the development and implementation of a program to protect and restore Louisiana's coastal area.

Present Constitution provides that money in the Wetlands Conservation and Restoration Fund may be appropriated for purposes consistent with the Wetlands Conservation and Restoration Plan developed by the Wetlands Conservation and Restoration Authority, or its successor.

Proposed Constitutional Amendment provides that the money in the Coastal Protection and Restoration Fund may be appropriated for purposes consistent with the Coastal Protection Plan developed by the Coastal Protection and Restoration Authority, or its successor.

Proposed Constitutional Amendment provides that subject to the requirements of the Bond Security and Redemption Fund and the Louisiana Education Quality Trust Fund, in each fiscal year, federal revenues received by the state generated from Outer Continental Shelf oil and gas activity and eligible, as provided by federal law, shall be deposited and credited by the treasurer to the Coastal Protection and Restoration Fund to be used only for the purposes of coastal protection, including conservation, coastal restoration, hurricane protection, and infrastructure directly impacted by coastal wetland losses. Proposed Constitutional Amendment further provides that the fund balance limitation provided in Article VII, Section 10.2(B) of this constitution, relative to the mineral revenues deposited to this fund, that requires that the fund balance shall not exceed an amount as provided by law and that the amount shall not be less than five hundred million dollars does not apply to revenues deposited into the Coastal Protection and Restoration Fund generated from Outer Continental Shelf oil and gas activity.

See also

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