Louisiana 2018 2018 Regular Session

Louisiana Senate Bill SB513 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Cheryl Cooper.
DIGEST
SB 513 Original	2018 Regular Session	White
Present law provides for the corporate status and powers of the board of commissioners for the
Amite River Basin Drainage and Water Conservation District.
Proposed law retains present law and prohibits the board from establishing a trust under Section 115
of the Internal Revenue Code or a voluntary employee beneficiary trust under Section 501(c)(9) of
the Internal Revenue Code to provide health benefits to its retired employees.
Effective August 1, 2018.
(Adds R.S. 38:3307(E))