Signed by Governor Jeff Landry

Vote Smart's Synopsis:

Vote to concur with House amendments and pass a bill that increases economic oversight of legislative actions in Louisiana.

Highlights:

• Amends Louisiana’s Administrative Procedure Act to require the Legislative Fiscal Office to review and identify proposed agency actions using 2 thresholds (Sec. ):

• $200,000 per year; or 

• $600,000 over 3 years.

• Specifies that if a rule meets either threshold, any action by a state agency may not take effect unless it is approved by the appropriate legislative oversight subcommittees, except that if the committees do not review a rule for more than 30 days, the governor can authorize the rule (Sec. ).

• Specifies that the requirement does not apply to any rule with estimated costs at or below the cost of implementation estimated by the fiscal note of the legislation requiring the rule. 

• Specifies that any agency actions with estimated costs below both thresholds would not be subject to this requirement (Sec. ).

• Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 1).

Full Bill Text