House Bill No. [insert number] aims to enhance the reporting requirements for gaming revenue distribution in Calcasieu Parish. The bill enacts a new provision under R.S. 27:93(A)(6)(d), which mandates that the Calcasieu Parish School Board, McNeese State University, and Sowela Technical Institute prepare an annual report detailing the total amount of gaming proceeds received. This report must be submitted to the legislative delegation by February 1st each year and include an itemized statement of expenditures and a cumulative total of unspent gaming proceeds.
The legislation seeks to ensure transparency and accountability in the use of gaming revenues by requiring these educational institutions to provide detailed financial information regarding their gaming proceeds. This initiative is part of a broader effort to improve oversight of public funds and ensure that the benefits of gaming revenue are effectively communicated to the public and legislative bodies.