SUBPART W. CONTINUUM OF CARE FUND

§100.181. Continuum of Care Fund

            A. There is hereby established in the state treasury as a special fund the Continuum of Care 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 requirements of Article VII, Section 9(B) of the Constitution of Louisiana relative to the Bond Security and Redemption Fund. Monies in the fund shall be invested in the same manner as monies in the state general fund. Interest earned on investment of monies in the fund shall be credited to the fund. Until December 1, 2024, unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund. The treasurer is hereby authorized and directed to transfer any unexpended and unencumbered monies in the fund on December 1, 2024, and any interest attributable to such funds, to the Louisiana Rescue Plan Fund. Monies in the fund shall be used by the Department of Children and Family Services to fund continuum of care initiatives.

            B. The provisions of this Section shall terminate on December 31, 2026.

            Acts 2022, No. 167, §4, eff. May 30, 2022.