This bill amends R.S. 42:802(D)(2) to enhance the oversight of contract amendments related to the Office of Group Benefits. Specifically, it stipulates that any adjustments to contracts amounting to one million dollars or more must receive review and approval from the Joint Legislative Committee on the Budget before they can be implemented. This change aims to ensure greater fiscal accountability and transparency in the management of state contracts.

The bill also removes the previous requirement for oversight by "oversight committees," replacing it with a direct mandate for the Joint Legislative Committee on the Budget to review significant contract amendments. Additionally, the bill requires that any adjustments made to these contracts must include an indication of their fiscal impact on the benefits plan and the rate structure for the following three years or the maximum contract period.

Statutes affected:
HB382 Original: 42:802(D)(2)
HB382 Engrossed: 42:802(D)(2)
HB382 Enrolled: 42:802(D)(2)
HB382 Act 431: 42:802(D)(2)