The bill amends R.S. 45:1367(A) to establish new limitations on the review of business records by local governmental subdivisions concerning franchise fee audits for cable and video service providers. Specifically, it allows for the review of records only for a period not exceeding three years prior to the date the review is initiated, unless otherwise specified in a local cable franchise agreement that is currently in effect.

Additionally, the bill clarifies that the local governmental subdivision may conduct these reviews upon reasonable written request to ensure compliance with franchise fee payments. The changes aim to streamline the audit process while providing clear boundaries on the timeframe of records that can be reviewed, thereby protecting service providers from indefinite audits.

Statutes affected:
HB583 Original: 45:1367(A)
HB583 Engrossed: 45:1367(A)
HB583 Enrolled: 45:1367(A)
HB583 Act : 45:1367(A)