Louisiana House Bill 490 passed another legislative milestone today when it passed out of the House Committee on Civil Law and Procedure. This legislation ensures that money in Louisiana’s Coastal Protection and Restoration Fund (Coastal Fund) is used for coastal restoration and protection purposes only. Next, the bill goes to the House floor for debate.
HB 490 will protect Louisiana’s Coastal Fund by prohibiting it from being used as a pass-through account for purposes other than coastal protection and restoration.
We will continue to monitor and support House Bill 490 as well as provide updates on its status as it makes its way through the legislative process. Its next stop is the House floor.
Find out more about HB 490 in our previous post.