SLS 15RS-410 ORIGINAL
2015 Regular Session
SENATE BILL NO. 121
BY SENATOR AMEDEE
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
LEGISLATIVE AUDITOR. Provides relative to the legislative auditor. (gov sig)
1 AN ACT
2 To amend and reenact R.S. 24:513(A)(3), relative to the legislative auditor; to provide for
3 the powers and duties of the legislative auditor; to provide the audit of postsecondary
4 management boards and institutions; to provide for audits by licensed certified public
5 accountants; and to provide for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 24:513(A)(3) is hereby amended and reenacted to read as follows:
8 ยง513. Powers and duties of legislative auditor; audit reports as public records;
9 assistance and opinions of attorney general; frequency of audits;
10 subpoena power
11 A.(1)(a) * * *
12 (3) The financial statements of the offices of the independently elected public
13 local officials, including judges, sheriffs, clerks of court, assessors, and district
14 attorneys, all parish governing authorities, all political subdivisions created by parish
15 governing authorities or by law, and all districts, boards, and commissions created
16 by parish governing authorities either independently or in conjunction with other
17 units of government, school boards, district public defender offices, municipalities,
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 121
SLS 15RS-410 ORIGINAL
1 all political subdivisions created by municipal governing authorities, and all boards
2 and commissions created by municipalities, either independently or in conjunction
3 with other units of government, city courts, quasi-public agencies, housing
4 authorities, mortgage authorities, all postsecondary education management
5 boards and the institutions under their management and supervision, or other
6 political subdivisions of the state not included within the state's Comprehensive
7 Annual Financial Reports, hereinafter collectively referred to as "local auditee", shall
8 be audited or reviewed by licensed certified public accountants subject to Paragraphs
9 (5) and (6) of this Subsection, but may be audited by the legislative auditor pursuant
10 to Paragraph (4) of this Subsection. The total compensation, reimbursements, and
11 benefits of an agency head or political subdivision head or chief executive officer
12 related to the position, including but not limited to travel, housing, unvouchered
13 expenses, per diem, and registration fees shall be reported as a supplemental report
14 within the financial statement of the local auditee. Any person authorized to conduct
15 an audit of a governmental entity pursuant to R.S. 37:77, shall be permitted to
16 continue auditing that governmental entity subject to the approval of the legislative
17 auditor provided for in Paragraphs (5) and (6) of this Subsection.
18 * * *
19 Section 2. This Act shall become effective upon signature by the governor or, if not
20 signed by the governor, upon expiration of the time for bills to become law without signature
21 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
22 vetoed by the governor and subsequently approved by the legislature, this Act shall become
23 effective on the day following such approval.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Ashley E. Menou.
DIGEST
SB 121 Original 2015 Regular Session Amedee
Present law requires the financial statements of certain entities to be audited or reviewed by
a licensed certified public accountant rather than the legislative auditor. The legislative
auditor, however, can audit or investigate such entities under certain circumstances.
Proposed law adds all postsecondary education management boards and the institutions
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 121
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under their management and supervision to the list of entities to be audited by a licensed
certified public accountant rather than the legislative auditor. Proposed law retains present
law regarding the legislative auditor's authority to audit or investigate such entities under
certain circumstances.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 24:513(A)(3))
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.