Bill > HB463

This bill provides for the establishment and reestablishment of agency ancillary funds for state government for fiscal years 2025 and 2026, outlining how various state offices and programs will be funded and operate. The bill appropriates funds for multiple state agencies, including the Office of Group Benefits, Office of Risk Management, Louisiana Property Assistance Agency, Prison Enterprises, Office of Technology Services, and others, specifying their authorized positions, expenditures, and means of financing. Key provisions include allowing federal, interagency, and self-generated revenues to be used for expenditures, with potential increases subject to approval by the commissioner of administration and the Joint Legislative Committee on the Budget. The bill requires agencies with budgets over $30 million to include an internal audit function led by a chief audit executive who must adhere to professional auditing standards. It also defines "working capital" and provides guidelines for handling fund equity, cash balances, and asset transfers. Notably, the bill includes a specific provision requiring the Office of Group Benefits to incorporate semaglutide medications for weight loss into its coverage, provided it does not result in additional costs to the self-insurance fund. The act is set to become effective on July 1, 2025, and includes a severability clause to ensure that if any part of the act is found unconstitutional, the remaining provisions will still stand.

Budget and Finance

https://www.legis.la.gov/legis/BillInfo.aspx?s=25rs&b=HB463&sbi=y