Louisiana 2012 Regular Session

Louisiana Senate Bill SB640

Introduced
4/2/12  
Refer
4/3/12  
Report Pass
4/9/12  
Engrossed
4/11/12  
Refer
4/12/12  
Report Pass
4/18/12  
Enrolled
4/26/12  
Chaptered
5/4/12  

Caption

Provides relative to attendance of an economist principal at a session or meeting of the Revenue Estimating Conference under certain circumstances. (2/3 - CA 7s10(A)) (gov sig) (EN NO IMPACT GF EX See Note)

Impact

By enabling an ad hoc member to participate in meetings, SB640 aims to maintain continuity and effectiveness in revenue forecasting within the state. The inclusion of a qualified professor from a Louisiana higher education institution ensures that the conference is still guided by someone with relevant expertise. This amendment addresses situations where the primary economist may be unable to fulfill their duties due to medical conditions, thus protecting the integrity of economic planning for the state.

Summary

Senate Bill 640 is designed to amend existing statutes regarding the attendance of the economist principal at sessions of the Revenue Estimating Conference in Louisiana. The bill allows this principal to appoint an ad hoc member who possesses expertise in revenue forecasting to attend if the principal is incapacitated due to health reasons. This change is meant to ensure that the Revenue Estimating Conference can continue its operations without interruption due to the absence of the economist principal.

Sentiment

The sentiment around SB640 appears to be largely supportive, with expectations that it will improve the functionality of the Revenue Estimating Conference. The ability to delegate responsibilities in the event of unforeseen medical issues demonstrates a proactive approach to governance. As the bill received unanimous support during the Senate vote, it signifies a consensus on the importance of ensuring an unbroken chain of expertise in financial discussions.

Contention

One potential point of contention surrounding SB640 could be the implications of granting the authority to appoint an ad hoc member, which may lead to discussions on the qualifications and selection criteria for such appointments. Ensuring that appointees possess the requisite expertise remains essential for maintaining the credibility of the conference. However, the current text of the bill does not outline any controversial provisions, and the proposal appears to streamline operations rather than introduce significant changes to existing processes.

Companion Bills

No companion bills found.

Previously Filed As

LA SB356

Provides relative to sessions of the Revenue Estimating Conference. (gov sig)

LA SB443

Provides for mandatory meetings of the Health and Social Services Estimating Conference for purposes of developing budget recommendations for the Medicaid program. (8/1/16) (EN SEE FISC NOTE GF EX)

LA HB656

Limits the amount of recurring revenue that can be recognized by the Revenue Estimating Conference (EG NO IMPACT GF EX See Note)

LA SB182

Provides relative to the Medicaid Subcommittee of the Health and Social Services Estimating Conference. (gov sig) (EG NO IMPACT See Note)

LA SB2

Provides for attendance of legislative staff at certain executive sessions of public retirement boards. (gov sig) (EN NO IMPACT APV)

LA HB552

Requires precertification of the executive budget by the Revenue Estimating Conference

LA SB116

Abolishes the Group Benefits Estimating Conference. (8/1/20) (OR NO IMPACT See Note)

LA SB54

Provides relative to the Revenue Estimating Conference certifying a projected unemployment trust fund balance. (gov sig) (Items #8 and #30)

LA SB333

Allows video conferencing of committee meetings and sessions of the legislature and authorizes voting in absentia. (gov sig) (OR INCREASE SG EX See Note)

LA SCR115

Commends Dr. James A. Richardson upon his 32 years of service and contributions to the Louisiana Revenue Estimating Conference.

Similar Bills

No similar bills found.