The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Jay R. Lueckel. DIGEST SB 305 Original 2016 Regular Session Donahue Proposed law establishes the Funds Review on the effective date of proposed law to examine all constitutional and statutorily dedicated funds which receive general fund dollars as well as any other special treasury funds identified by the commission to determine: (1)If such funds are performing the purpose for which they were established. (2)If such funds should be reconfigured with other special treasury funds to better serve their purpose for the state. (3)If such funds should be eliminated. Proposed law provides that the commission shall be composed of nine members as follows: (1)The chairman of the Senate Committee on Finance, or his designee. (2)The chairman of the House Committee on Appropriations, or his designee. (3)The chairman of the Senate Committee on Revenue and Fiscal Affairs, or his designee. (4)The chairman of the House Committee on Ways and Means, or his designee. (5)Two members appointed by the governor. (6)A representative of the Public Affairs Council. (7)A representative of the Council for a Better Louisiana. (8)A representative of the Louisiana Association of Business and Industry. Proposed law provides that the commission may hold public hearings as part of its evaluation process, and may request the assistance of advisory groups to conduct studies, research or analyses, and make reports and recommendations with respect to the subject matter of the commission. Proposed law provides for meetings and officers of the commissions. Proposed law provides that the Fund Review Commission shall report to the governor, president of the Senate, and speaker of the House of Representatives no later than February 1, 2017. Proposed law provides for staff assistance by legislative and agency personnel. Proposed law provides that the commission shall become null and of no effect on March 1, 2017. Effective upon signature of the governor or lapse of time for gubernatorial action. (Adds R.S. 49:308.7)