Louisiana § RS 39:100.253 - Higher Education Campus Revitalization Fund
Full text of Louisiana Louisiana Civil Code § RS 39:100.253 — Higher Education Campus Revitalization Fund, with citation guidance and answers to common questions.
§ RS 39:100.253. Higher Education Campus Revitalization Fund
A. There is hereby established in the state treasury, as a special fund, the Higher Education Campus Revitalization Fund, hereinafter referred to in this Section as the "fund".
B. Any money transferred, donated, or appropriated to the fund by the legislature shall be deposited into the fund after compliance with the requirements of Article VII, Section 9(B) of the Constitution of Louisiana relative to the Bond Security and Redemption Fund.
C. All unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund. The monies in the fund shall be invested by the state treasurer in the same manner as monies in the state general fund, and interest earned on the investment of monies in the fund shall be credited to the fund.
D. The monies in the fund shall be utilized for the following:
(1) In the event that House Bill No. 940 of the 2024 Regular Session of the Legislature is enacted into law, the state treasurer shall deposit the first seventy-five million dollars of monies received into the fund into the College and University Deferred Maintenance and Capital Improvement Fund for the purposes provided in Act No. 751 of the 2024 Regular Session of the Legislature.
(2) Any remaining monies in the fund shall be used solely for various improvements throughout Louisiana public institutions of higher education.
(3) For Fiscal Year 2025-2026, the state treasurer shall deposit the first twenty-five million dollars of monies received into the fund into the College and University Deferred Maintenance and Capital Improvement Fund for the purposes provided in R.S. 17:3369.1 through 3369.4.
Acts 2024, No. 723, §3, eff. June 19, 2024; Acts 2025, No. 365, §3, eff. June 20, 2025.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 39:100.253
What does Louisiana Civil Code § RS 39:100.253 cover?
Section RS 39:100.253 ("Higher Education Campus Revitalization Fund") 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 39:100.253?
A common citation format is "Louisiana Civil Code § RS 39:100.253" (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 39:100.253 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.