House Bill No. 332, introduced by Representative Turner, amends the meeting requirements for the Louisiana Agricultural Finance Authority. The bill modifies the existing law by reducing the minimum number of meetings the authority must hold each year from four to two, while maintaining the maximum limit of twelve meetings. This change aims to provide more flexibility in the scheduling of meetings for the authority.
The bill will take effect upon the governor's signature or, if not signed, after the designated time for bills to become law without signature, as outlined in the Louisiana Constitution. The amendment to R.S. 3:264(H) reflects this adjustment in the meeting frequency, ensuring that the authority can operate more efficiently while still fulfilling its responsibilities.
Statutes affected: HB332 Original: 3:264(H)
HB332 Engrossed: 3:264(H)