RÉSUMÉ DIGEST
ACT 48 (SB 503) 2020 Regular Session White
Prior law provided 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bona fide liabilities existed as of the last day of the fiscal year may be withdrawn from the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.
Prior law further provided 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.
Prior law provided 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.
Prior law further provided 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 (June 4, 2020).
(Amends R.S. 39:82(B))