Louisiana 2017 2017 Regular Session

Louisiana Senate Bill SB67 Comm Sub / Analysis

                    The original instrument was prepared by Benjamin A. Huxen, II. The following
digest, which does not constitute a part of the legislative instrument, was prepared
by Ann S. Brown.
DIGEST
SB 67 Reengrossed 2017 Regular Session	Fannin
Present law provides for the examination requirements and submission of audits by entities subject
to review by the legislative auditor. Present law provides for submission to the legislative auditor
of sworn financial statements and filing of engagement agreements by certain local auditees or quasi-
public agencies.
Present law further provides that no funds appropriated in the general appropriations act, the capital
outlay act, or other appropriation act, shall be released or provided to any recipient of an
appropriation if, when, and for as long as, the recipient fails or refuses to comply with present law.
Proposed law prohibits public entities not in compliance with present law from letting any public
contract that utilizes any state funds, whether received through direct appropriation or through
transfer from another public entity, or whose funding relies upon the full faith and credit of the state.
Proposed law provides that a public entity subjected to proposed law may only be released from such
restrictions after the following actions have been performed:
(1)The public entity notifies the Legislative Audit Advisory Council, in writing, of their
compliance.
(2)The Legislative Audit Advisory Council confirms that the public entity is in compliance.
Effective August 1, 2017.
(Amends R.S. 39:72.1(A); adds R.S. 38:2211.1)
Summary of Amendments Adopted by Senate
Senate Floor Amendments to engrossed bill
1. Adds a provision requiring certain actions be performed before a public entity may
be released from the restrictions of proposed law.