Louisiana Revised Statutes 24:806 – Finances
Terms Used In Louisiana Revised Statutes 24:806
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Contract: A legal written agreement that becomes binding when signed.
A.(1) No member of the commission shall receive any salary for duties performed as a member of the commission.
(2) Legislator members of the commission shall receive per diem and be reimbursed for expenses as provided by law and the rules of the Senate or House of Representatives.
B. The commission is authorized to apply for, contract for, receive, and expend for its purposes any appropriation or grant from the state, its political subdivisions, the federal government, or any other public or private source.
C. To assist financially with the exercise of the functions and duties provided in La. Rev. Stat. 24:803, state appropriations are hereby authorized in such amounts as may be necessary.
D. The funds for the operations of the commission, over and above such funds as are now or may hereafter be made available by law or otherwise may be appropriated by the legislature from the state general fund from year to year, may be included in and constitute a separate item in the act appropriating funds for the expenses of the legislature and its committees. In addition, the presiding officers of each house of the legislature shall have authority to expend, or to pay over to the commission for expenditure, out of any funds available to either or both of them such amounts as are necessary to provide supplementary funds for the purpose of fully carrying out any one or more of the functions of the commission for the benefit of the legislature, its members, and committees.
E. The books and records of the commission shall be subject to audit by the legislative auditor.
Acts 1986, No. 1024, §1, eff. Jan. 1, 1987.
{{NOTE: SEE ACTS 1986, NO. 1024, §3.}}
{{NOTE: ACTS 1989, NO. 672, §1 REPEALED ACTS 1986, NO. 1024, §3 WHICH WOULD HAVE PROVIDED FOR TERMINATION OF THE COMMISSION ON JANUARY 1, 1990.}}