Louisiana 2014 Regular Session

Louisiana House Bill HB439

Introduced
3/10/14  
Refer
3/10/14  
Report Pass
3/26/14  
Report Pass
3/26/14  
Engrossed
4/7/14  
Engrossed
4/7/14  
Refer
4/8/14  
Refer
4/8/14  
Report Pass
5/21/14  

Caption

Provides with respect to misappropriation of public funds and restitution and recovery related thereto

Impact

The bill's implementation could lead to significant changes in how public funds are monitored and managed. By setting clear protocols for reporting suspected fraud or theft, it may help to deter such actions and foster a more transparent environment within state agencies. Additionally, by requiring the attorney general to pursue recovery of misappropriated funds and associated costs, the bill reinforces the fiscal responsibility of agency personnel and promotes diligent financial practices in government operations.

Summary

House Bill 439 addresses the issue of misappropriation of public funds and assets within state agencies. The bill mandates agency heads who suspect or discover misappropriation to notify the legislative auditor and the local district attorney promptly. This requirement enhances accountability and ensures that financial misconduct is reported and acted upon in a timely manner. The legislation aims to strengthen the process through which public funds are audited, investigated, and, if necessary, recovered from those responsible for misappropriation.

Sentiment

The sentiment surrounding HB 439 appears to be largely positive, particularly among those advocating for greater oversight of public funds. Supporters believe that the bill is an essential step toward increasing accountability in government and protecting taxpayers against financial misconduct. However, there may be some concerns regarding the additional administrative burden placed on agency heads and the potential for litigation stemming from civil suits against responsible parties.

Contention

Notable points of contention within the discussions around HB 439 involve the balance between transparency and the potential for increased bureaucracy. Some legislators worry that the requirements for reporting could lead to conflicts or allegations against agency officials that may affect their ability to perform their duties. Furthermore, the stipulation that individuals convicted of misappropriation cannot have their records expunged until restitution is made adds a layer of complexity to the bill, potentially impacting the careers of those found guilty.

Companion Bills

No companion bills found.

Similar Bills

LA SB220

Provides relative to notification of the legislative auditor and district attorney of the misappropriation of certain public funds and restitution of audit costs. (8/1/14)

LA SB207

Provides felony criminal penalties for violating any law governing the expenditure of funds in the Transportation Trust Fund. (gov sig)

LA SB161

Provides relative to restitution of audit costs. (8/1/14) (EN INCREASE SG RV See Note)

LA SB82

Requires reporting of misappropriation of public funds received or expended by a quasi-public entity to the legislative auditor and the district attorney. (8/1/20)

MS HB41

Retirement; PERS and SLRP members convicted of certain felonies shall have benefits suspended until full restitution is made.

MS HB489

Retirement; elected officials convicted of certain felonies shall have benefits suspended until full restitution has been made.

LA SB435

Provides relative to the theft of animals. (8/1/16)

WV HB3095

Relating to financial exploitation of a person in recovery