ENROLLED Page 1 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. ACT No. 367 Regular Session, 2011 HOUSE BILL NO. 560 BY REPRESENTATIVE CARMODY Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. AN ACT1 To amend and reenact R.S. 17:3139(E), relative to audits of public postsecondary education2 institutions by the legislative auditor; to require audits of information submitted by3 such institutions to the Board of Regents as indication of achievement of4 performance objectives; to provide relative to the timing and costs of such audits;5 and to provide for related matters.6 Be it enacted by the Legislature of Louisiana:7 Section 1. R.S. 17:3139(E) is hereby amended and reenacted to read as follows: 8 ยง3139. Louisiana Granting Resources and Autonomy for Diplomas Act; purpose;9 agreements; monitoring and renewal; reporting10 * * *11 E. Legislative auditor; performance analysis. Within six months after12 entering into a performance agreement pursuant to this Section, an institution shall13 provide to the legislative auditor all information that the auditor requests to conduct14 a detailed study of the performance of postsecondary education in Louisiana. The15 institutions shall provide information that will allow the auditor to analyze how well16 goals and objectives of postsecondary education are being met and to perform an17 economy and efficiency study. Such information shall include but shall not be18 limited to information relative to staffing levels, hiring and compensation practices,19 ENROLLEDHB NO. 560 Page 2 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. employee productivity and discipline, and performance management. This1 Subsection shall only be effective in the event that funds are appropriated to effect2 these provisions. The legislative auditor, in cooperation and coordination with the3 Board of Regents, shall annually audit data submitted or to be submitted by4 institutions to the Board of Regents as indicators of meeting performance objective5 targets established by or pursuant to this Section to ensure that the data is reliable.6 The auditor shall complete all audits pursuant to this Subsection and report his7 findings to the Board of Regents and to the legislature prior to the board's annual8 vote on whether an institution will be able to exercise tuition authority and9 operational autonomies pursuant to this Section. Each institution shall provide to the10 legislative auditor all of the information that the auditor requests to conduct audits11 pursuant to this Subsection. The legislative auditor shall charge the actual costs of12 such audits to the institution being audited; however, no institution shall be charged13 more than ten thousand dollars for such audits in any single fiscal year unless a14 higher amount is authorized by the Legislative Audit Advisory Council. The council15 may authorize the auditor to charge an institution more than ten thousand dollars in16 a fiscal year if the additional actual costs are proven to be related to the scope of17 work described in this Subsection. No provision of this Subsection shall be18 construed to limit the authority of the auditor under any other provision of law. The19 legislative auditor shall, to the extent that he determines feasible and in the best20 interests of the state, take steps to minimize disruption of normal operations at the21 institutions such as conducting such audits in conjunction with the institution's22 financial audit.23 * * *24 Section 2. This Act shall become effective upon signature by the governor or, if not25 signed by the governor, upon expiration of the time for bills to become law without signature26 by the governor, as provided in Article III, Section 18 of the Constitution of Louisiana. If27 ENROLLEDHB NO. 560 Page 3 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. vetoed by the governor and subsequently approved by the legislature, this Act shall become1 effective on the day following such approval.2 SPEAKER OF THE HOUSE OF REPRESENTATI VES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: