Louisiana 2014 2014 Regular Session

Louisiana House Bill HB866 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of
the legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of
the law or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
Barrow	HB No. 866
Abstract: Requires that additional information be included in the annual report of a local
housing authority, including the costs of repairs to authority property.
Present law creates a housing authority in each parish and municipality in the state, but provides
that a housing authority is not established in any parish or municipality until the respective
governing authority adopts a resolution declaring the need for the authority to function because
there is a shortage of decent, safe, and sanitary housing.  Provides that housing authorities are
governed by a board of five commissioners appointed by the governing authority that created the
commission.  Provides for exceptions.
Proposed law retains present law.
Present law requires housing authorities, within a reasonable time after the end of each fiscal
year, to prepare a report generally describing the authority's activities for the year then ended. 
Requires that the report contain financial statements fairly depicting the financial condition of the
authority, its assets and liabilities, and the results of its operations for the year then ended. 
Requires that the report be approved by the authority's board of commissioners and signed by its
chairperson.
Proposed law retains present law and additionally requires that the report contain an itemized list
of all repairs that were completed on any authority owned property, the number of tenants
residing in any repaired property, and the number of tenants who were required to financially
contribute to any repairs.  Requires that the report also contain the costs of the repairs and the
amount of money required to be contributed by the tenants.
(Amends R.S. 40:512(A))