This bill enacts a new provision under R.S. 17:2507(K) concerning the Louisiana Educational Television Authority. It mandates that the authority must include a specific request for funding dedicated to French language educational programming in its annual budget request to the division of administration. Additionally, the bill establishes accounting and auditing requirements for any entity that receives these funds, ensuring transparency and accountability in the use of public resources.
Entities receiving funding for French language programming are required to maintain financial records in accordance with generally accepted accounting principles, grant access to the legislative auditor for all related financial matters, and undergo an annual financial audit by an independent certified public accounting firm. They must also provide the authority with a copy of the audit and any other financial information requested. This legislation aims to enhance the support and oversight of French language educational initiatives in Louisiana.