Terms Used In Louisiana Revised Statutes > Title 45 > Chapter 8-K - Local Government Fair Competition Act

• Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• Capital costs: means all costs of providing a service that are capitalized in accordance with generally accepted accounting principles. See Louisiana Revised Statutes 45:844.43
• Commercially sensitive marketing information: means marketing plans or strategies, customer lists, and trade secrets pursuant to Louisiana Revised Statutes 45:844.43
• Covered services: means telecommunications services, advanced services and cable television services, individually and collectively, and regardless of the technology used to provide those services, unless otherwise specified in this Chapter. See Louisiana Revised Statutes 45:844.43
• Direct costs: means those expenses of a local government that:

  (a)  Are directly attributable to providing a covered service. See Louisiana Revised Statutes 45:844.43

• Enterprise fund: means a separate fund to account for the local government's operations of covered services, established and maintained in accordance with generally accepted accounting principles as described by the Governmental Accounting Standards Board (GASB). See Louisiana Revised Statutes 45:844.43
• Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. ^{Source: U.S. Courts}
• Examination: means an attestation performed for the purpose of expressing an opinion on an assertion that is the responsibility of another party in accordance with "Statements on Standards for Attestation Engagements" published by the American Institute of Certified Public Accountants. See Louisiana Revised Statutes 45:844.43
• Feasibility consultant: means an individual or entity with expertise in the processes and economics of providing covered services. See Louisiana Revised Statutes 45:844.43
• Full costs: means all capital costs, direct costs and indirect costs. See Louisiana Revised Statutes 45:844.43
• Full-cost accounting: means the accounting of all costs incurred by a local government in providing a covered service. See Louisiana Revised Statutes 45:844.43
• Indirect costs: means any costs:

  (i)  Identified with two or more services or other functions. See Louisiana Revised Statutes 45:844.43

• Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
• Local governing authority: means the legislative body of a local government. See Louisiana Revised Statutes 45:844.43
• Local government: means any parish, municipality, or other political subdivision of the state and any utility authority, board, branch, department or other unit thereof. See Louisiana Revised Statutes 45:844.43
• Oath: A promise to tell the truth.
• Personal property: All property that is not real property.
• Private provider: means a person that:

  (a)  Provides a covered service. See Louisiana Revised Statutes 45:844.43

• Start-up costs: means those costs reasonably and prudently incurred by the local government (including legal and professional services) in obtaining the feasibility study required under this Chapter, in seeking to obtain assent of the financial market place for funding the proposed project, and other related costs through the closing of the sale of the bonds or other financing vehicles supporting the provisioning of covered services, and specifically excludes capital costs as defined herein. See Louisiana Revised Statutes 45:844.43
• Subscribers: means a person that lawfully receives a covered service. See Louisiana Revised Statutes 45:844.43
• Venue: The geographical location in which a case is tried.