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Code · Louisiana · Title 39 — Public Finance

RS 39:115

264 words·~1 min read·/la/title-39/39-74

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RS 39:115
§115. Notice requirements
A. The office of facility planning and control shall send notice to all nonstate entities of the need to resubmit a capital outlay budget request for projects that do not receive a line of credit for the total amount of bond proceeds authorized in the Capital Outlay Act for that fiscal year. The notice shall list all of the nonstate entity's projects which have not been recommended for lines of credit or have not received lines of credit prior to September fifteenth of the year for which notice is sent to the nonstate entity.
B. The office of facility planning and control shall also send a notice of the need to resubmit a capital outlay budget request to each state representative and state senator who has any project in his geographic area that has not been recommended for a line of credit or has not received a line of credit for the total amount of bond proceeds authorized in the Capital Outlay Act for that year. The notice shall list all of the projects in the representative's or senator's geographic area which have not received lines of credit prior to September fifteenth of the year for which notice is sent to the representative or senator.
C. All notices required under this Section shall be sent by the office of facility planning and control between September fifteenth and October fifteenth of each year.
Acts 2001, No. 464, §1, eff. June 21, 2001; Acts 2008, No. 911, §1, eff. July 1, 2008; Acts 2023, No. 82, §1, eff. July 1, 2024.
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