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Louisiana Unclaimed Property Trust Fund Amendment (October 2019)

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Louisiana Unclaimed Property Trust Fund Amendment
Flag of Louisiana.png
Election date
October 12, 2019
Topic
Taxes and Property
Status
Not on the ballot
Type
Constitutional amendment
Origin
State legislature


The Louisiana Unclaimed Property Trust Fund Amendment was not on the ballot in Louisiana as a legislatively referred constitutional amendment on October 12, 2019.

The ballot measure would have created the Louisiana Unclaimed Property Support Fund designed to fund a revolving loan commission for local government infrastructure.[1]

Text of measure

Ballot title

The ballot title would have been:[1]

Do you support an amendment to create the Louisiana Unclaimed Property Permanent Trust Fund to protect money owed to citizens and to create the Louisiana Unclaimed Property Support Fund to fund a revolving loan commission for local government infrastructure? (July1, 2020) (Adds Article VII, Section 28)[2]

Full text

The full text is available here.[1]

Path to the ballot

See also: Amending the Louisiana Constitution

In Louisiana, a two-thirds vote is needed in each chamber of the Louisiana State Legislature to refer a constitutional amendment to the ballot for voter consideration.

House Speaker Taylor Barras (R) (R-48) introduced the constitutional amendment as House Bill 291 (HB 291) on March 28, 2019. On May 22, the Louisiana House of Representatives approved the constitutional amendment, with 78 representatives supporting the amendment, 17 representatives opposing the amendment, and 10 members absent or not voting. At least 70 votes were needed to pass HB 291.[3]

Vote in the Louisiana House of Representatives
May 22, 2019
Requirement: Two-thirds (66.67 percent) vote of all members in each chamber
Number of yes votes required: 70  Approveda
YesNoNot voting
Total781710
Total percent74.29%16.19%9.53%
Democrat121710
Republican6200

See also

External links

Footnotes

  1. 1.0 1.1 1.2 Louisiana State Legislature, "House Bill 291," accessed June 3, 2019
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
  3. Louisiana State Legislature, "HB 291 Overview," accessed June 3, 2019