ENROLLED
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2012
HOUSE BILL NO. 545
BY REPRESENTATIVE PEARSON
AN ACT1
To enact R.S. 33:2957 and R.S. 46:1073.1, relative to hospital service districts and certain2
hospitals; to authorize and provide relative to investments of hospital service3
districts, including certain hospitals; to provide for limitations and procedures; and4
to provide for related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 33:2957 is hereby enacted to read as follows:7
§2957. Investments of hospital service districts8
Any hospital service district may invest its funds as provided by R.S.9
46:1073.1, except as provided therein.10
Section 2. R.S. 46:1073.1 is hereby enacted to read as follows: 11
§1073.1. Hospital service districts; investments12
A. Notwithstanding any provision of law to the contrary, a hospital service13
district may invest its funds as provided by law for investment of funds of the14
Louisiana State Employees Retirement System, including but not limited to R.S.15
11:263; however, any such investment may be made only in compliance with rules16
and regulations established by the hospital service district commission and in17
compliance with the provisions of R.S. 11:263 and any other law which provides for18
investments in which funds of the Louisiana State Employees Retirement System19
may be invested.20
B. This Section shall be applicable to a hospital service district as defined21
in R.S. 46:1072, other than a hospital owned by the state.22 ENROLLEDHB NO. 545
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Section 3. This Act shall become effective on July 1, 2012; if vetoed by the governor1
and subsequently approved by the legislature, this Act shall become effective on July 1,2
2012, or on the day following such approval by the legislature, whichever is later.3
SPEAKER OF THE HOUSE OF REPRESENTATI VES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: