Louisiana 2020 2020 Regular Session

Louisiana Senate Bill SB503 Comm Sub / Analysis

                    RDCSB503 3862 2174
DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part
of the legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
SB 503 Engrossed 2020 Regular Session	White
Present law provides any appropriations remaining at the end of the fiscal year against which
bona fide liabilities existed as of the last day of the fiscal year may be withdrawn from the
state treasury during the 45-day period after the last day of the fiscal year only as such
liabilities come due for payment.
Present law further provides that the commissioner of administration may, with the approval
of the Joint Legislative Committee on the Budget (JLCB), incorporate into the new fiscal
year's appropriation any appropriations from the prior fiscal year against which bona fide
obligations existed on the last day of the fiscal year. No transactions shall be approved in this
manner after the 45th day following the last day of the fiscal year.
Proposed law provides that in any year in which the JLCB is unable to meet to approve the
transactions before the 45th day following the last day of the fiscal year due to a declared
disaster or emergency, the transactions shall be placed on the agenda of the next JLCB
meeting for approval and may be approved after the 45th day following the last day of the
fiscal year. 
Proposed law further provides that the next JLCB meeting must take place no later than 30
days after the end of the declared disaster or emergency.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 39:82(B))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Finance to the original
bill
1. Provides that in any year in which the JLCB is unable to meet to approve the
transactions before the 45th day following the last day of the fiscal year due
to a declared disaster or emergency, the transactions shall be placed on the
agenda of the next JLCB meeting for approval and may be approved after the
45th day following the last day of the fiscal year.
2. Provides for suspension of the law establishing a procedure for incorporating
appropriations from the last fiscal year against which bona fide liabilities
existed as of the last day of the fiscal year with the approval of the JLCB, are
suspended in the event the JLCB is unable to approve the transactions due to
a declared emergency or disaster.
3. Provides that the suspension shall only be in effect until the day after the next
meeting of the JLCB which shall take place no later than 30 days after the
end of the declared disaster or emergency.
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Appropriations to the
engrossed bill:
1. Consolidate similar language from two sections into one section.
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