The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Cheryl Serrett. DIGEST SB 307 Original 2016 Regular Session Morrish Proposed law abolishes the Louisiana Student Financial Assistance Commission and transfers the powers, duties, and functions of the commission and the Louisiana Tuition Trust Authority to the Board of Regents. Effective upon signature of the governor or lapse of time for gubernatorial action. (Amends R.S. 17:3021, 3023(A)(intro para) and (B), and 3093(A) and (B); repeals R.S. 17:3022)