SLS 14RS-346 ENGROSSED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2014
SENATE BILL NO. 386
BY SENATOR LAFLEUR
FISCAL CONTROLS. Provides relative to audits by the legislative auditor. (8/1/14)
AN ACT1
To amend and reenact R.S. 24:513(A)(3), relative to the legislative auditor; to provide for2
the content of audits by the legislative auditor; and to provide for related matters.3
Be it enacted by the Legislature of Louisiana:4
Section 1. R.S. 24:513(A)(3) is hereby amended and reenacted to read as follows:5
ยง513. Powers and duties of legislative auditor, audit reports as public records;6
assistance and opinions of attorney general; frequency of audits;7
subpoena power8
A.(1)(a) * * *9
(3) The financial statements of the offices of the independently elected public10
local officials, including judges, sheriffs, clerks of court, assessors, and district11
attorneys, all parish governing authorities, all political subdivisions created by12
parish governing authorities or by state statute, and all districts, boards, and13
commissions created by parish governing authorities either independently or in14
conjunction with other units of government, school boards, district public defender15
offices, municipalities, and all boards and commissions created by municipalities,16
either independently or in conjunction with other units of government, city courts,17 SB NO. 386
SLS 14RS-346 ENGROSSED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
quasi-public agencies, housing authorities, mortgage authorities, or other political1
subdivisions of the state not included within the state's Comprehensive Annual2
Financial Reports, hereinafter collectively referred to as "local auditee", shall be3
audited or reviewed by licensed certified public accountants subject to Paragraphs4
(5) and (6) of this Subsection, but may be audited by the legislative auditor pursuant5
to Paragraph (4) of this Subsection. The total compensation, reimbursements, and6
benefits of an agency head or political subdivision head/chief executive officer7
related to their elected position and/or employment, including but not limited8
to travel, housing, unvouchered expenses, per diem, registration fees and/or9
other payments or reimbursements related to their position shall be reported10
by the local or parish agencies and political subdivisions as a supplemental11
report within the financial statement of the agency or political subdivision. Any12
person authorized to conduct an audit of a governmental entity pursuant to R.S.13
37:77, shall be permitted to continue auditing that governmental entity subject to the14
approval of the legislative auditor provided for in Paragraphs (5) and (6) of this15
Subsection.16
* * *17
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Ashley Menou.
DIGEST
Present law requires the financial statements of local officials and governing authorities to
be audited by the legislative auditor.
Proposed law requires the financial statements of parish political subdivisions to be audited
by the legislative auditor.
Proposed law adds the total compensation and benefits of the chief executive officer,
political subdivision head, and/or agency head to the information reported by local or parish
agencies and political subdivisions and audited by the legislative auditor.
Proposed law requires public agencies to report the total compensation benefits of their chief
executive office in a supplemental report within their financial statements.
Effective August 1, 2014.
(Amends R.S. 24:513(A)(3))