SLS 10RS-913 ENGROSSED
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2010
SENATE BILL NO. 501
BY SENATOR N. GAUTREAUX
LEGISLATIVE AUDITOR. Provides that certain entities must submit annual financial
audits to the legislative auditor. (8/15/10)
AN ACT1
To amend and reenact R.S. 24:513(J)(4)(a), relative to the powers and duties of the2
legislative auditor; to provide that certain entities must submit annual financial audits3
to the legislative auditor; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 24:513(J)(4)(a) is hereby amended and reenacted to read as follows:6
ยง513. Powers and duties of legislative auditor; audit reports as public records;7
assistance and opinions of attorney general; frequency of audits;8
subpoena power9
* * *10
J.(1) * * *11
(4)(a) Notwithstanding any provision of this Section to the contrary, any Any12
entity which that establishes scholastic rules which that are the basis for the State13
Board of Elementary and Secondary Education's policy required by R.S. 17:176 to14
be adhered to by all high schools under the board's jurisdiction shall not be required15
to be audited by the legislative auditor but shall file an audit with the legislative16
auditor and the Legislative Audit Advisory Council which has been prepared by an17 SB NO. 501
SLS 10RS-913 ENGROSSED
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
auditing firm which has been approved by the legislative auditor. Such entity shall1
submit such audit to the legislative auditor and the Legislative Audit Advisory2
Council licensed certified public accountants subject to R.S. 24:513(A)(5) and3
(6), but may be audited by the legislative auditor pursuant to R.S. 24:513(A)(4).4
* * *5
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Alden A. Clement, Jr.
DIGEST
N. Gautreaux (SB 501)
Present law provides that any entity that establishes scholastic rules that are the basis for the
State Board of Elementary and Secondary Education's policy, relative to participation in
extracurricular activities, that is required by present law to be adhered to by all high schools
under BESE's jurisdiction cannot be required to be audited by the legislative auditor. Present
law provides, however, that such an entity must file an audit with the legislative auditor and
the Legislative Audit Advisory Council that has been prepared by an auditing firm approved
by the legislative auditor, and such entity will submit such audit to the legislative auditor and
the Legislative Audit Advisory Council.
Proposed law provides that any entity that establishes scholastic rules that are the basis for
the State Board of Elementary and Secondary Education's policy required by present law to
be adhered to by all high schools under the board's jurisdiction are required to be audited by
licensed certified public accountants subject to present law, but may also be audited by the
legislative auditor pursuant to present law.
Proposed law otherwise retains present law.
Effective August 15, 2010.
(Amends R.S. 24:513(J)(4)(a))