The bill amends and reenacts specific sections of Louisiana law regarding proprietary schools, focusing on the licensing and minimum standards for instructors. Notably, it removes the requirement for a current audited balance sheet to be prepared by an independent, certified public accountant for initial license applications, simplifying the financial documentation process for applicants. Additionally, the bill adjusts the minimum required years of documented occupational experience for instructors in technical or occupational courses from four years to three years, thereby potentially broadening the pool of qualified instructors.

The effective date of the bill is contingent upon the governor's signature or, if not signed, the expiration of the time for bills to become law without signature. If the bill is vetoed and later approved by the legislature, it will take effect the day after such approval. This legislative change aims to streamline the licensing process for proprietary schools while maintaining essential standards for instructor qualifications.

Statutes affected:
SB363 Original: 17:4(A)(1)
SB363 Engrossed: 17:3(C)(4), 17:4(A)(1)
SB363 Enrolled: 17:3(C)(4), 17:4(A)(1)
SB363 Act 338: 17:3(C)(4), 17:4(A)(1)