Louisiana Revised Statutes 39:462.7 – Reports to the legislature
Current as of: 2024 | Check for updates
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Terms Used In Louisiana Revised Statutes 39:462.7
- Commission: means the State Bond Commission. See Louisiana Revised Statutes 39:462.2
- Loan: means the loan from the commission to the local government evidenced by a bond, note, or other evidence of indebtedness as provided in this Chapter. See Louisiana Revised Statutes 39:462.2
Beginning January 1, 2026, and every two years thereafter, the commission shall issue a report to the House Committee on Ways and Means and the Senate Committee on Revenue and Fiscal Affairs which includes information on the number of loans approved by the commission; outstanding loan balances, including principal and interest; the status of any debt sold to provide monies for the fund; costs incurred by the commission to administer the fund; and the status of rules adopted by the commission.
Acts 2023, No. 424, §1, eff. July 1, 2023.