The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Michael Bell.
DIGEST
SB 50 Engrossed 2015 Regular Session Murray
Present constitution prohibits the funds, credit, property, or things of value of the state or of any
political subdivision from being loaned, pledged, or donated to or for any person, association, or
corporation, public or private. Provides that the donation, loan, or pledge of public credit is subject
to Art. VII, ยง14 of the 1921 Constitution made statutory by the 1974 Constitution.
Proposed law authorizes the Sewerage and Water Board of New Orleans to adopt rules and
procedures to adjust, release, or extinguish any indebtedness of an individual's sewerage and water
bill.
Proposed law requires that the rule limit the board's compromising authority to instances where
either the district is at fault or the customer is not at fault or the customer is qualified under an
established program.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Adds R.S. 33:4071(F))