The bill amends and reenacts specific sections of R.S. 11:1733, which pertains to the coverage of employees from incorporated cities, towns, villages, and tax boards or commissions in Louisiana. It authorizes these entities to submit agreements for extending benefits to their employees, contingent upon board approval that ensures conformity with existing rules and state laws. The amendments clarify the language regarding employer contributions to the fund, specifying that employers must pay contributions based on earnings at prescribed times, and allows for deductions from employee earnings to cover these contributions.

Additionally, the bill introduces provisions specifically for the Lafayette City-Parish Consolidated Government, allowing it to re-amortize any remaining balance related to certifications performed before June 30, 2024, over a new twenty-year period. It also permits certifications performed after this date to be amortized over twenty years with monthly payments, ensuring that the financial obligations are manageable for the government. Overall, the bill aims to streamline the process for municipalities in managing employee benefits while providing specific options for Lafayette's government.

Statutes affected:
SB478 Original: 11:1733(A), 11:1733(C)(1)
SB478 Engrossed: 11:1733(A), 11:1733(C)(1)
SB478 Reengrossed: 11:1733(A), 11:1733(C)(1)
SB478 Enrolled: 11:1733(A), 11:1733(C)(1)
SB478 Act 360: 11:1733(A), 11:1733(C)(1)