reglab/housing_qa huggingface dataset:
LA Rev Stat § 39:88.3 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§88.3. Collection by sale or securitization; direction to the commissioner

RS 88.3 - Collection by sale or securitization; direction to the commissioner  A. The term "collection" as used in this Subpart shall include the sale or securitization of long-term delinquent accounts receivable and all other obligations subject to the provisions of this Subpart.  B. The collection policy and procedure required by R.S. 39:88.2 shall include a policy and procedure for the sale or securitization, in pools, after appraisal or evaluation of the value of each pool, of long-term delinquent accounts receivable and all other obligations subject to this Subpart.  C. Pools of these accounts and obligations, including those made up of the accounts and obligations of various state agencies, shall be approved for sale or securitization by the Cash Management Review Board upon recommendation of the commissioner of administration, the attorney general, or its own decision, and, after such approval, carried out and implemented by the commissioner.  D.(1) During each of calendar years 2013 and 2014, the commissioner of administration is directed to recommend and present to the Cash Management Review Board, for sale or securitization approval, and thereafter implementation, pools of such long-term accounts and obligations of not more than twenty-five percent of the aggregate face dollar amount of such accounts and obligations existing as of the first day of each such year, and shall report the results of such sale or securitization to the Joint Legislative Committee on the Budget prior to the end of each year. However, notwithstanding provisions to the contrary, this Subsection shall no longer be of any effect on December 31, 2014, unless reestablished or replaced by appropriate legislative enactment.  (2) The commissioner of administration is authorized to exclude, at his discretion, any debt that he deems to be uncollectible.  (3) The provisions of this Section shall not apply to any debt owed to the state due to medical treatment rendered at a state-owned hospital.  E. The attorney general is authorized to exclude, at his discretion, any debt that he deems uncollectible pursuant to debt collection activities undertaken by the attorney general.  Acts 2012, No. 500, §1.
LA Rev Stat § 39:88.4 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§88.4. State agencies; compliance

RS 88.4 - State agencies; compliance  Each state agency shall comply with the provisions of the collection policy and procedure manual and is authorized to establish and maintain internal controls not inconsistent with the provisions included in the manual.  Acts 2001, No. 904, §1, eff. June 26, 2001; Acts 2012, No. 500, §2.
LA Rev Stat § 39:88.5 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§88.5. Cash Management Review Board; oversight

RS 88.5 - Cash Management Review Board; oversight  The Cash Management Review Board under the supervision of the commissioner of administration shall oversee the development and implementation of the collection policies and procedures manual in each state agency and is authorized to adopt rules and regulations in furtherance of this responsibility.  Acts 2001, No. 904, §1, eff. June 26, 2001; Acts 2012, No. 500, §2.
LA Rev Stat § 39:92 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§92. Repealed by Acts 1997, No. 1149, §5, eff. Nov. 5, 1998.

RS 92 - Repealed by Acts 1997, No. 1149, §5, eff. Nov. 5, 1998.
LA Rev Stat § 39:93 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§93. Repealed by Acts 1997, No. 1149, §5, eff. Nov. 5, 1998.

RS 93 - Repealed by Acts 1997, No. 1149, §5, eff. Nov. 5, 1998.
LA Rev Stat § 39:95 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§95. Annual determination of Budget Stabilization Fund balance

RS 95 - Annual determination of Budget Stabilization Fund balance A. The state treasurer shall report the balance of the Budget Stabilization Fund as of July first of each fiscal year to the Revenue Estimating Conference at its meeting held in accordance with R.S. 39:26(A)(4). B. The Revenue Estimating Conference shall certify the Budget Stabilization Fund balance and the determination of one-third of this balance. C. The Revenue Estimating Conference shall cause the certified fund balance and the determination of one-third of this balance to be published in the Louisiana Register in September of each year. Acts 1991, No. 439, §1, eff. July 1, 1991; Acts 1997, No. 1149, §1, eff. June 1, 1997. NOTE: SEE CONST. ART. VII, SEC. 10(C).
LA Rev Stat § 39:97.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§97.1. Short title

RS 97.1 - Short title This Subpart shall be known and may be cited as the "Louisiana Asbestos Detection and Abatement Act". Acts 1998, 1st Ex. Sess., No. 140, §1, eff. May 5, 1998.
LA Rev Stat § 39:97.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§97.2. Declaration of purpose

RS 97.2 - Declaration of purpose The purpose of this Subpart is to create a fund to provide a mechanism by which the presence of friable asbestos-containing materials in state buildings in this state can be detected, analyzed, controlled, managed, maintained, and abated, if necessary. Acts 1998, 1st Ex. Sess., No. 140, §1, eff. May 5, 1998.
LA Rev Stat § 39:97.4 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§97.4. Legal counsel; attorney general

RS 97.4 - Legal counsel; attorney general A. Notwithstanding any other provision of law to the contrary, the attorney general shall: (1) Provide assistance in evaluating whether the state has sufficient grounds to initiate or prosecute a civil suit for all recoverable damages and other available remedies against a manufacturer of asbestos-containing materials or any other responsible person caused by asbestos-containing materials that have been installed in any state building at any time. (2) Initiate and prosecute any civil suit for all recoverable damages and other available remedies as provided in Paragraph (1) of this Subsection. (3) Pursue any appropriate claims for reimbursement brought by or on behalf of the state or for recovery of any sums due the state under any applicable civil or criminal law in accordance with Paragraph (1) of this Subsection. B.(1) With the consent of the commissioner of administration and in accordance with the ordinary procedures for procuring professional services as provided in Chapter 17 of Subtitle III of this Title, the attorney general may contract with and employ private contractual legal counsel to initiate and prosecute a civil action against any manufacturer of asbestos-containing materials or any other responsible person to recover monies due or to damages incurred by the state resulting from the presence of asbestos or asbestos-containing materials in state buildings. (2) Legal services provided and costs incurred under previous contracts related to asbestos litigation are hereby acknowledged, except that attorney fees related to such contracts shall be paid on an hourly basis. The attorney general, the commissioner of administration, and the attorneys providing legal services under contract in connection with asbestos litigation shall endeavor to reach an agreement regarding the amount of attorney fees and costs to be paid to the attorneys who provided such legal services. Such negotiated attorney fees, excluding costs, shall be determined on an hourly basis, and shall be in accordance with fee policies for hourly basis contracts utilized by the attorney general in engagement of outside counsel with special expertise in representation of the state in extraordinary circumstances. The amount of such negotiated attorney fees, costs, and expenses associated with services performed prior to May 1, 1998, shall be paid only through a specific appropriation. Acts 1998, 1st Ex. Sess., No. 140, §1, eff. May 5, 1998; Acts 2014, No. 864, §§4 and 5; Acts 2014, No. 864, §§4 and 5. NOTE: SEE ACTS 1998, 1ST EX. SESS., NO. 140, §2, REGARDING ATTORNEY SERVICES PROVIDED PRIOR TO MAY 5, 1998.
LA Rev Stat § 39:97.5 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§97.5. Construction of Subpart

RS 97.5 - Construction of Subpart Nothing in this Subpart shall or shall be construed to create, extinguish, revive, transfer, or otherwise affect any existing or future claim or cause of action or any objections, exceptions, or defenses thereto. Acts 1998, 1st Ex. Sess., No. 140, §1, eff. May 5, 1998.
LA Rev Stat § 39:98.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§98.2. Investment of Millennium Trust

RS 98.2 - Investment of Millennium Trust  A. The treasurer is authorized and directed to invest monies in the Millennium Trust which are available for investment in the investments permitted for the Louisiana Education Quality Trust Fund, also known as the Kevin P. Reilly Sr. Louisiana Education Quality Trust Fund, as set forth in R.S. 17:3803(B), (D), and (E).  B. Investments made under authority of this Section shall mature on such date determined by the treasurer as will generate a favorable return to the state and will allow the monies to be available for use at the time needed.  C. Banks issuing time certificates of deposit under authority of this Section shall pay interest at a rate not less than the rate determined by the United States Treasury to have been the average interest rate plus one percent per annum on the last previous sale of treasury bills with the same length of maturity; provided that if at any time the interest rate so determined is in excess of the maximum rate banks are permitted to pay on time certificates of deposit for the same period of time by regulations of the Federal Reserve System or the Federal Deposit Insurance Corporation, the interest rate shall be the maximum established by those regulations.  D. The treasurer may enter into direct security repurchase agreements, reverse security repurchase agreements, and securities lending contracts in order to generate passive income. For the purposes of this Subsection:  (1) "Direct security repurchase agreement" means an agreement and transaction in which securities are purchased by the state from a registered securities broker or dealer for a rate and a guarantee to buy them back from the state, the state holds the securities for a specified time, and then the state sells those securities back to the broker or dealer at an agreed upon price.  (2) "Reverse security repurchase agreements" means an agreement and transaction in which securities are sold by the state to a registered securities broker or dealer for a rate and a guarantee to sell them back to the state, the broker or dealer holds the securities for a specified time, and then the state buys back the securities from the broker or dealer at an agreed upon price.  (3) "Securities lending contracts" means an agreement and transaction in which securities are supplied to a registered securities broker or dealer for a rate and secured by a pledge of collateral with a value equal to or greater than the securities supplied.  E. On or before December first of each year, the treasurer shall prepare and submit a report on the performance of the Millennium Trust to the Joint Legislative Committee on the Budget and the commissioner of administration for their review. With respect to the Education Excellence Fund, the report shall also be provided to the state superintendent of education.  Acts 1999, No. 1295, §1, eff. July 1, 2000; Acts 2006, No. 289, §2; Acts 2015, No. 463, §3; Acts 2020 1st Ex. Sess., No. 21, §1, eff. July 1, 2020.
LA Rev Stat § 39:98.6 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§98.6. Security to be furnished for appeal and other purposes; Master Settlement Agreement

RS 98.6 - Security to be furnished for appeal and other purposes; Master Settlement Agreement In order to secure and protect the monies to be received as a result of the Master Settlement Agreement, in civil litigation under any legal theory involving a signatory, or successor of a signatory, or an affiliate of a signatory, to the Master Settlement Agreement created on November 23, 1998, as set forth in R.S. 39:98.1, except for litigation related to the Master Settlement Agreement, or any litigation where the state is a party, the security to be furnished for any purpose, including for an appeal of any judgment in civil litigation that is required to stay the execution thereon during the course of all appeals, shall be determined in accordance with the Code of Civil Procedure, except that the total amount of security required of all defendants collectively shall not exceed fifty million dollars. However, if it is proved by a preponderance of the evidence that the appellant for whom the bond has been limited pursuant to this Section is intentionally dissipating or diverting assets outside of the ordinary course of its business for the purpose of avoiding payment of the judgment, the court shall enter such orders as are necessary to prevent dissipation or diversion of assets including but not limited to requiring that bond be posted equal to the full amount of security required pursuant to Code of Civil Procedure Article 2124. Acts 2001, No. 669, §1, eff. June 25, 2001; Acts 2003, No. 1136, §1, eff. July 2, 2003.
LA Rev Stat § 39:98.7 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§98.7. Tobacco Settlement Enforcement Fund

RS 98.7 - Tobacco Settlement Enforcement Fund A. The Tobacco Settlement Enforcement Fund, hereinafter referred to as the "fund", is hereby created in the state treasury. The fund shall consist of monies appropriated to the fund by the legislature, grants, donations, other monies which may become available, and monies transferred to the fund pursuant to this Section. B. The state treasurer shall annually transfer from the state general fund to the fund the sum of four hundred thousand dollars. Monies in the fund shall be invested by the treasurer in the same manner as monies in the state general fund. Interest earned on investment of monies in the fund shall be credited to the state general fund. All unexpended and unencumbered monies in the fund at the end of the fiscal year shall remain in the fund. C. Subject to annual appropriation, monies in the fund shall be used and expended by the Department of Justice solely and exclusively for purposes of enforcement of the Master Settlement as defined in R.S. 39:99.3. Acts 2007, No. 196, §1, eff. June 27, 2007.
LA Rev Stat § 39:99.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.1. Title

RS 99.1 - Title This Subpart shall be known and may be cited as the "Tobacco Settlement Financing Corporation Act". Acts 2001, No. 1145, §1.
LA Rev Stat § 39:99.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.2. Legislative findings and intent

RS 99.2 - Legislative findings and intent The major United States tobacco manufacturers and forty-six states (including the state of Louisiana) and other districts and territories of the United States have entered into a master settlement agreement that should result in Louisiana receiving substantial monies in perpetuity. The master settlement agreement has become effective in accordance with its terms, and Louisiana has begun receiving its allocation of the tobacco settlement payments to be made under the master settlement agreement. By constitutional amendments adopted by the legislature and the people of this state effective July 1, 2000, the monies to be received as a result of the master settlement agreement by Louisiana after the effective date are dedicated to the Millennium Trust and to the Louisiana Fund in certain proportions as more fully set forth in Article VII, Sections 10.8 and 10.9, respectively, of the Louisiana Constitution. The legislature has determined that there are risks with respect to the amounts of monies to be received as a result of the master settlement agreement, including among others the adjustments provided for in the agreement based upon tobacco consumption and litigation and potential further regulation of the tobacco industry, which could reduce the anticipated amounts of monies to be received in the future. The legislature has considered the financing techniques employed and to be employed by other jurisdictions to convert future tobacco settlement payments receivable as a result of the master settlement agreement into current assets and thereby to reduce exposure to the payment risks associated with the master settlement agreement and the credit risks associated with the tobacco industry. The legislature finds and declares it to be prudent and in the best interest of the state of Louisiana to employ such financing techniques to eliminate such risks as to a portion of the monies to be received as a result of the master settlement agreement by converting such monies to current assets to be deposited in and credited to the Millennium Trust in accordance with the following provisions of this Subpart. Acts 2001, No. 1145, §1.
LA Rev Stat § 39:99.4 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.4. Corporation created; domicile; fiscal year

RS 99.4 - Corporation created; domicile; fiscal year The Tobacco Settlement Financing Corporation is created as a special purpose, public corporate entity, an instrumentality independent of the state. The corporation shall be a public corporate body, intended, created and empowered to effectuate only the purposes set forth in this Subpart, and shall have a legal existence separate and distinct from the state of Louisiana. The domicile of the corporation shall be East Baton Rouge Parish. The corporation shall operate on a fiscal year basis commencing on July 1 and ending on June 30 of each year. Acts 2001, No. 1145, §1.
LA Rev Stat § 39:99.6 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.6. Purposes and powers of the corporation

RS 99.6 - Purposes and powers of the corporation A. The corporation's purposes are, and it shall have the authority and powers, to carry out the financing, purchasing, owning and managing of the tobacco assets and activities incidental thereto, the corporation being vested (subject to R.S. 39:99.10 and the other provisions hereof) with all the powers of a private corporation to effectuate the purposes of the corporation including, without limitation, the power to sue and be sued, to make contracts, to adopt and use a corporate seal and to alter same, and is further particularly authorized and empowered to: (1) Purchase the tobacco assets and receive, or authorize the indenture trustee to receive, as the same shall become due, the tobacco settlement payments. (2) Adopt, or alter, or repeal any bylaws, rules or regulations as the board may deem necessary. (3) Issue bonds as authorized by this Subpart and refund any of such bonds. (4) Commence and prosecute any action or other proceeding to protect or enforce any right conferred upon it by any law, contract or other agreement. (5) Pay its operating expenses. (6) Determine the amounts of the residual interests, and pay and transfer such residual interests to the state treasurer, semi-annually, in accordance with the provisions of this Subpart. (7) Do any and all other acts and things necessary, convenient, appropriate or incidental in carrying out the provisions of this Subpart. B. The corporation is further authorized and empowered to incur obligations to pay its operating expenses in such form as may be authorized by the corporation. This Subpart shall govern the issuance of such obligations insofar as the same may be applicable. C. The corporation shall prepare an operating budget annually which shall be submitted for approval to the State Bond Commission and the Joint Legislative Committee on the Budget. D. The corporation shall prepare and submit an annual report to the governor, the State Bond Commission, the Senate Committee on Finance and the House of Representatives Committee on Appropriations on or before March 1 of each year. The annual report shall contain, among other appropriate matters, the annual operating and financial statements of the corporation for the fiscal year ending the preceding June 30. E. Any funds held by the corporation or by the indenture trustee may be invested and reinvested in investments and securities that are legal investments under the laws of the state of Louisiana for funds of the state, funds of the political subdivisions of the state or tax exempt bonds as defined in R.S. 49:342(C). Acts 2001, No. 1145, §1.
LA Rev Stat § 39:99.7 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.7. Corporate existence; dissolution

RS 99.7 - Corporate existence; dissolution The corporation shall have perpetual existence; provided, however, the board shall dissolve and terminate the existence of the corporation no later than two years after the date of final payment of all outstanding bonds and the payments or satisfaction of all other outstanding obligations and liabilities of the corporation, except to the extent necessary to remain in existence, and only for such additional time, as shall be necessary to fulfill any outstanding covenants or agreements with holders or other parties made in accordance with the provisions of this Subpart. Upon dissolution of the corporation, title to all assets and properties of the corporation shall vest in and become the property of the state of Louisiana and shall be deposited in and credited to the Millennium Trust, and the corporation shall execute all necessary conveyances, assignments or other documents to establish and evidence such transfer and ownership, including all conveyances or assignments of all rights, title and interest to the tobacco settlement payments. Acts 2001, No. 1145, §1.
LA Rev Stat § 39:99.8 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§99.8. Staff; counsel; assistance by state officers, departments and agencies; auditors; consultants

RS 99.8 - Staff; counsel; assistance by state officers, departments and agencies; auditors; consultants A. The staff of the Department of the Treasury, including that of the State Bond Commission, may, pursuant to a cooperative endeavor agreement, serve as staff to the corporation under the supervision of the state treasurer. B. The attorney general may, pursuant to a cooperative endeavor agreement, serve as counsel to the corporation, and subject to approval of the State Bond Commission and the Attorney General, the corporation may employ or retain such other attorneys as it may deem necessary and fix their compensation. C. State officers, departments and agencies may render support and services to the corporation within their respective functions, as requested by the corporation. D. The books and accounts of the corporation shall be subject to audit not less than annually by the legislative auditor in accordance with R.S. 24:513. The corporation shall submit to the governor, the attorney general and the Legislative Audit Advisory Council, within thirty days of its receipt, a copy of every final external audit of the books and accounts of the corporation, other than copies of the reports of examinations of the legislative auditor. E. The corporation may employ or retain such professionals, consultants, agents, financial advisers and accountants as it may deem necessary to carry out its duties under this Subpart and, the provisions of any other law to the contrary notwithstanding, may determine their duties and compensation subject only to the approval of the State Bond Commission. F. The corporation shall be subject to the Code of Governmental Ethics (R.S. 42:1101, et seq.), the Open Meetings Law (R.S. 42:11, et seq.), the Public Records Law (R.S. 44:1, et seq.), and the Bond Validation Procedures Law (R.S. 13:5121, et seq.). Acts 2001, No. 1145, §1.