Louisiana § RS 39:100.124 - Matching Funds Fund; creation
Full text of Louisiana Louisiana Civil Code § RS 39:100.124 — Matching Funds Fund; creation, with citation guidance and answers to common questions.
§ RS 39:100.124. Matching Funds Fund; creation
A. There is hereby created in the state treasury as a special fund the Matching Funds Fund, hereafter referred to in this Section as the "fund". Monies appropriated or transferred to the fund shall be deposited by the state treasurer after compliance with the provisions of Article VII, Section 9(B) of the Constitution of Louisiana. Monies in the fund shall be invested by the treasurer in the same manner as state general fund monies. Interest earned on monies in the fund shall be credited to the state general fund. Unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund.
B. Of the amount originally deposited into the fund by Act No. 167 of the 2022 Regular Session of the Legislature, the Department of Environmental Quality is authorized, subject to appropriation, to use an aggregate amount up to ten million twenty thousand three hundred dollars for matching funds for the Clean Water State Revolving Fund established pursuant to R.S. 30:2302.
C. Of the amount originally deposited into the fund by Act No. 167 of the 2022 Regular Session of the Legislature, the Louisiana Department of Health is authorized, subject to appropriation, to use an aggregate amount up to thirteen million, six hundred seventy-eight thousand seven hundred ninety-eight dollars for matching funds for the Drinking Water Revolving Loan Fund established pursuant to R.S. 40:2823.
D. The provisions of this Section shall terminate on December 31, 2026.
Acts 2022, No. 167, §4, eff. May 30, 2022.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 39:100.124
What does Louisiana Civil Code § RS 39:100.124 cover?
Section RS 39:100.124 ("Matching Funds Fund; creation") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 39:100.124?
A common citation format is "Louisiana Civil Code § RS 39:100.124" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 39:100.124 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.