Prohibits the use of the Conservation Fund for any building acquisition unless the acquisition is approved by the Joint Legislative Committee on the Budget (EN NO IMPACT See Note)
Impact
The enactment of HB345 would directly affect the operational procedures concerning the Louisiana Conservation Fund, specifically stating that building acquisitions cannot occur without prior scrutiny and approval. This is a significant shift that could influence how conservation projects are funded and managed at the state level. Stakeholders involved in conservation activities may need to adjust their project proposals and budgets to comply with the new requirements set forth by this legislation, possibly leading to delays in the initiation of certain projects until necessary approvals are obtained.
Summary
House Bill 345 aims to amend the regulations governing the Louisiana Conservation Fund by stipulating that any expenditures related to building acquisitions must receive prior approval from the Joint Legislative Committee on the Budget. This measure is part of an effort to enhance fiscal oversight concerning the use of the state's conservation resources. By restricting how the Conservation Fund can be utilized, the bill seeks to ensure that funds are appropriated judiciously and transparently, potentially preventing any misuse of state funds associated with conservation efforts.
Sentiment
The sentiment surrounding HB345 is largely supportive among legislators who prioritize budgetary responsibility and transparency. Proponents argue that this law adds a layer of accountability to fund management, which is crucial given the importance of conservation efforts in Louisiana. However, there may also be concerns among advocates for conservation, who fear that stricter approval processes could lead to bureaucratic delays that hinder critical conservation initiatives.
Contention
One notable point of contention regarding HB345 is the balance between necessary oversight and the potential for excessive bureaucracy. While supporters advocate for the bill as a means of prudent financial governance, opponents might contend that additional approval layers could impede timely action on urgent conservation needs. The necessity for Joint Legislative Committee approval could slow down processes that are vital to conservation efforts, sparking debates between fiscal responsibility and operational efficiency within the context of state-funded projects.
Provides for certain funds in the state treasury and the powers, duties, functions, and responsibilities of the Dedicated Fund Review Subcommittee of the Joint Legislative Committee on the Budget. (See Act) (EN SEE FISC NOTE GF RV See Note)
Provides for a review of special funds and dedications and requires certain recommendations by the Joint Legislative Committee on the Budget (EG NO IMPACT See Note)
Provides for reporting to and approval of all state contracts valued at twenty-five million dollars or more annually by the Joint Legislative Committee on the Budget. (7/1/20) (EN SEE FISC NOTE GF EX See Note)
Requires prior approval of the Joint Legislative Committee on the Budget of request for proposals, contracts, and cooperative endeavor agreements over a specified dollar amount (OR SEE FISC NOTE GF EX)
Provides for the Dedicated Fund Review Subcommittee of the Joint Legislative Committee on the Budget and submission and approval of plans related to special funds and dedications (OR SEE FISC NOTE GF EX See Note)
Provides for reporting, review, and approval by the Joint Legislative Committee on the Budget of certain professional, personal, and consulting service contracts (EN SEE FISC NOTE SD RV See Note)