reglab/housing_qa huggingface dataset:
LA Rev Stat § 39:1356 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1356. Penalties

RS 1356 - Penalties A.(1) Any person who violates any provision of this Chapter shall be subject to an action for recovery of any funds, property, or other thing of value lost as a result of, and any other damages resulting from, such violation. (2) Any person who knowingly and willfully participates in a violation of this Chapter shall be subject to a civil penalty not to exceed one thousand dollars per violation. The person shall be personally liable for the payment of such penalty. B. In addition to the penalties provided for in this Chapter, any person who violates any provision of this Chapter shall be ordered to pay restitution to any political subdivision that suffers a loss as a result of the offense. Restitution shall include the payment of legal interest at the rate provided in R.S. 13:4202. C. In addition to the penalties provided in Subsections A and B of this Section, any person who violates a provision of R.S. 39:1355 shall be fined not less than five hundred dollars nor more than five thousand dollars, or imprisoned for not less than ten days nor more than six months, or both. D. A violation of any provision of this Chapter is prima facie evidence of malfeasance in office, R.S. 14:134, and gross misconduct. E. Neither costs nor attorney fees related to any legal action pursuant to charges of misconduct or malfeasance or to any other matter related to or resulting from the appointment of a fiscal administrator initiated by either the political subdivision or an officer, official, or employee of a political subdivision shall be reimbursed to an officer, official, or employee of a political subdivision unless the officer, official, or employee is acquitted or the suit is dismissed. Acts 2013, No. 336, §1.
LA Rev Stat § 39:1361 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1361. Short title

RS 1361 - Short title This Chapter may be cited as the "Louisiana General Debt Policy Law and Procedures Act". Added by Acts 1968, Ex.Sess., No. 27, §1.
LA Rev Stat § 39:1362 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1362. Definitions

RS 1362 - Definitions As used in this Chapter, the following words, terms and phrases shall have the meanings ascribed to them in this Section, except where the context clearly indicates a different meaning: (1) "Bond" means all general obligation bonds or other instruments evidencing indebtedness of the state of Louisiana or any of its boards, departments, commissions, authorities and agencies issued pursuant to Article VII, Section 6 of the constitution of Louisiana. Excluded from the operation of this Chapter are non-full faith and credit bonds of the state issued by its boards, departments, commissions, authorities and agencies, and bonds or other instruments evidencing indebtedness of a local political subdivision or agency issued pursuant to other provisions of the constitution and statutes of Louisiana, whether said bonds are full faith and credit obligations of the local agency or are non-full faith and credit obligations of the local agency secured or payable from a particular tax or particular taxes of the local agency or secured or payable from nontax revenues, including assessment collections of the local agency, or secured or payable from a combination of taxes and revenues of the local agency. (2) "Note" means temporary indebtedness of the state of Louisiana which shall have a maturity date, including all renewals thereof, of not greater than five years. (3) "Issuing agency" means the State Bond Commission as provided for in Article VII, Section 8 of the constitution of Louisiana and R.S. 39:1401 through R.S. 39:1410. (4) "State agency" shall mean any board, department, commission, authority or agency whose activities are financed by appropriations of the legislature or by dedication of state revenues, whose executive head or a majority of whose membership on the governing board are appointed by the governor, and whose bonds are backed by a guarantee of the state. (5) "Bond act" means the act authorizing the issuance of bonds which adopts this statement of policy by specific inclusion or by reference. Added by Acts 1968, Ex.Sess., No. 27, §1. Amended by Acts 1975, No. 764, §1; Acts 1982, No. 737, §1, eff. Aug. 2, 1982.
LA Rev Stat § 39:1363 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1363. Incorporation into bond acts

RS 1363 - Incorporation into bond acts Any bond act may adopt the provisions of this Chapter by reference to its title or legal citation, and such reference shall serve to incorporate the provisions of this Chapter into said act as though set out in full therein. Added by Acts 1968, Ex.Sess., No. 27, §1.
LA Rev Stat § 39:1364 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1364. Authorization of bonds

RS 1364 - Authorization of bonds All debt involving the use of all or any part of the revenues imposed and collected by the state for repayment of such debt from the Bond Security and Redemption Fund shall be incurred in conformity with the constitution of Louisiana, Article VII, Section 6. Added by Acts 1968, Ex.Sess., No. 27, §1. Amended by Acts 1975, No. 764, §1.
LA Rev Stat § 39:1364.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1364.1. Issuance of bonds secured by the full faith and credit of state by certain political subdivisions prohibited in certain situations

RS 1364.1 - Issuance of bonds secured by the full faith and credit of state by certain political subdivisions prohibited in certain situations Notwithstanding any other law to the contrary, no port commission and no port, harbor, or terminal district shall issue bonds or other evidences of indebtedness, hereinafter referred to as "bonds", which are secured by the full faith and credit of the state; provided, however, that any port commission or port, harbor, or terminal district may, if authorized by other law, issue bonds secured by the full faith and credit of the state to refund bonds previously issued which are secured by the full faith and credit of the state. Added by Acts 1977, No. 697, §1, eff. July 25, 1977.
LA Rev Stat § 39:1401 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1401. State Bond Commission

RS 1401 - State Bond Commission A. There is hereby created the State Bond Commission, which shall be composed of the governor, the lieutenant governor, the president of the Senate, the speaker of the House of Representatives, the state treasurer, the secretary of state, the attorney general, the Senate Finance Committee chairman, the Senate Revenue and Fiscal Affairs Committee chairman, the House Ways and Means Committee chairman, the House Appropriations Committee chairman, two members of the legislature, one to be appointed by the president of the Senate and one to be appointed by the speaker of the House of Representatives, and the commissioner of administration, all ex officio. B. Said members may be represented at meetings of the State Bond Commission by the persons designated as follows: (1) The governor, by his executive secretary or executive counsel; (2) The lieutenant governor, by any of his administrative assistants; (3) The president of the Senate, by any other member of the Senate; (4) The speaker of the House of Representatives, by any other member of the House of Representatives; (5) The state treasurer, by the first assistant state treasurer; (6) The secretary of state, by the first assistant secretary of state, undersecretary of management and finance, or by legal counsel for the Department of State; (7) The attorney general, by any full-time assistant attorney general; (8) Each committee chairman, by any other member of his committee, and the appointees of the legislature by any other member of the legislature; and (9) The commissioner of administration, by any full-time assistant to the commissioner of administration. C. The state treasurer shall serve as chairman of the State Bond Commission, and the State Bond Commission may select such other officers as the commission may deem necessary. Acts 1968, Ex.Sess., No. 26, §1. Amended by Acts 1972, No. 164, §4; Acts 1974, No. 438, §1; Acts 1976, No. 534, §1, eff. Aug. 3, 1976; Acts 1977, No. 388, §1, eff. July 10, 1977; Acts 1985, No. 387, §1, eff. July 10, 1985; Acts 1988, No. 721, §1, eff. July 18, 1988.
LA Rev Stat § 39:1402.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1402.1. Repealed by Acts 1976, No. 279, §2

RS 1402.1 - Repealed by Acts 1976, No. 279, §2
LA Rev Stat § 39:1404 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1404. Duties of state treasurer

RS 1404 - Duties of state treasurer The state treasurer shall advise the State Bond Commission, the governor, the legislature and other public officials with respect to the issuance of bonds and all other related matters; and shall provide information to rating services, financial institutions and other prospective bond buyers, other interested persons and the general public on all matters relating to the issuance and sale of bonds, the debt structure and the management of the debt of the State of Louisiana and all of its boards, departments, commissions, authorities and agencies. The state treasurer shall organize and administer, within the office of the state treasurer a State Debt Management Section and shall select such assistants as are considered necessary by him to carry out the responsibilities imposed on him hereby. Acts 1968, Ex.Sess., No. 26, §4.
LA Rev Stat § 39:1404.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1404.1. Designation and duties of secretary

RS 1404.1 - Designation and duties of secretary The director of the State Bond Commission, or such other officer as may be appointed by the state treasurer, shall serve as the secretary of the State Bond Commission. The secretary of the State Bond Commission shall have charge of the records and books and keep the minutes of the meetings of the State Bond Commission. The secretary is also authorized (i) to certify the proceedings and official acts of the State Bond Commission, (ii) see that all notices relating to the activities of the State Bond Commission are duly given as required by law, (iii) sign bonds or other evidences of indebtedness, and (iv) in general perform all duties incident to the office of secretary and such other duties as from time to time may be assigned to him by the chairman of the State Bond Commission. Notwithstanding any law to the contrary, the state treasurer shall be responsible for any acts or omissions of the director of the State Bond Commission in performing the duties required of him under Sections 1403 and 1404.1 of Title 39 of the Louisiana Revised Statutes of 1950. Added by Acts 1976, No. 248, §2, eff. July 27, 1976.
LA Rev Stat § 39:1405 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1405. General debt policy and procedures

RS 1405 - General debt policy and procedures A. The legislature shall enact laws establishing the general policy concerning the incurring of indebtedness by or on behalf of the state and its boards, departments, commissions, authorities, and agencies and establishing procedures for the issuance and sale of bonds issued by or on behalf of the state of Louisiana and its boards, departments, commissions, authorities and agencies. Such laws shall provide the general policy and procedures of the state to be followed by the state and the State Bond Commission in the issuance and the sale of bonds. All acts authorizing the issuance and sale of bonds by or on behalf of the state or any of its boards, departments, commissions, authorities and agencies shall conform to said general policy as enacted by the legislature and as may be amended by it from time to time, and such bonds shall be issued and sold in accordance with the laws establishing such policy and procedures. B. No person or entity, public or private, shall incur debt or issue evidences of indebtedness for the purpose of financing any project in the state of Louisiana, the interest upon which indebtedness or evidence thereof is exempt from federal income taxation under Section 103 of the Internal Revenue Code of 1954, without the consent and approval of the State Bond Commission. Any evidence of indebtedness incurred or issued in violation of this Section shall be null and void and no court of this state shall have jurisdiction to enforce the payment thereof pursuant to the provisions of R.S. 47:1806. C. The State Bond Commission is authorized to publish a report each year detailing its activities for the prior fiscal year and to present such report to the governor and the legislature prior to the beginning of each regular session of the legislature. D.(1) Every negotiated sale of bonds, notes, or certificates of the state and its boards, departments, commissions, authorities, and agencies shall include a priority order period during which orders will be accepted solely for Louisiana retail purchase orders. "Louisiana retail purchase" shall mean a direct purchase by an individual resident of Louisiana or a company domiciled in Louisiana or a trust department, investment advisor, or money manager acting on behalf of a resident of Louisiana or a company domiciled in Louisiana and shall not include a purchase by an institutional customer. The director of the State Bond Commission may request copies of all initial trade confirmations to verify retail orders. (2) The provisions of this Subsection shall not apply if the state treasurer or the director of the State Bond Commission determines that such action would be a financial detriment to the issuer. Acts 1968, Ex.Sess., No. 26, §5. Amended by Acts 1982, No. 512, §1, eff. July 22, 1982; Acts 1991, No. 246, §1; Acts 2005, No. 444, §1.
LA Rev Stat § 39:1405.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1405.1. Fees to defray expenses of the State Bond Commission

RS 1405.1 - Fees to defray expenses of the State Bond Commission A. The State Bond Commission, in order to defray the expenses incurred in all its operations and to pay any other expenses which may be necessary in connection therewith, including but not limited to the review of applications for consent and approval of the issuance of debt or evidences of indebtedness for the purpose of financing any project in the state of Louisiana, shall have the power to impose and collect fees on all such applications, as well as the power to impose and collect a fee at the closing of such issuances of debt. The amount of all fees imposed shall be reasonably related to the costs of the services provided. The State Bond Commission shall promulgate rules and regulations to establish a schedule of fees in accordance with the provisions of this Section. Such rules shall provide that all closing fees imposed and collected shall be based on a percentage of the issuance of debt, with the percentage decreasing on a sliding scale as the size of the debt issuance increases. The percentage of the fee collected under this Section shall not be greater than the percentage imposed by the State Bond Commission prior to May 1, 1990. B. Repealed by Acts 2006, No. 261, §1, eff. June 8, 2006. C. The State Bond Commission shall have the power to promulgate any rules and regulations necessary to implement the provisions of this Section. Acts 1984, No. 105, §1, eff. June 15, 1984; Acts 1989, No. 457, §1, eff. June 30, 1989; Acts 1990, No. 506, §1; Acts 2001, No. 431, §1; Acts 2006, No. 261, §1, eff. June 8, 2006.
LA Rev Stat § 39:1405.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1405.2. Payments in lieu of ad valorem taxes for certain bonds

RS 1405.2 - Payments in lieu of ad valorem taxes for certain bonds The State Bond Commission shall not issue any bonds or approve the issuance of any tax exempt bonds of any public entity when the project beneficiary is an entity whose property would otherwise be subject to ad valorem taxation and when the terms of such bonds or any agreements related thereto provide that no payments shall be made by that project beneficiary in lieu of ad valorem taxes, unless sufficient evidence is presented to the State Bond Commission that each affected tax recipient parish and municipal governing authority and school board has been notified and given the opportunity to comment in a public hearing upon any proposal which would waive such payments in lieu of property taxes. Acts 1986, No. 529, §1.
LA Rev Stat § 39:1405.3 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1405.3. Local governmental approval of industrial revenue bonds

RS 1405.3 - Local governmental approval of industrial revenue bonds A. Notwithstanding any provision of law to the contrary, the State Bond Commission shall not approve the issuance of industrial revenue bonds or other bonds, notes, certificates of indebtedness, or other debt instruments by any entity authorized to issue such industrial revenue bonds or other bonds, notes, certificates of indebtedness, or other debt instruments when such issuance would provide, directly or indirectly, for the purchase or other acquisition of public lands or other public property which would be exempt from ad valorem taxation as provided in Article VII, Section 21(A) and (B) of the Constitution of Louisiana unless all parishes, municipalities, school boards, or other public entities which would be affected by the exemption of such public lands or other public property from ad valorem taxation have first approved the issuance of bonds, notes, certificates of indebtedness, or other debt instruments. B. The provision of this Section shall be applicable only in Bossier Parish. Acts 2004, No. 815, §1, eff. July 12, 2004; Acts 2005, No. 3, §1, eff. May 27, 2005.
LA Rev Stat § 39:1406 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1406. Applicability of Chapter

RS 1406 - Applicability of Chapter This Chapter shall not be applicable to any bond issues in process prior to November 25, 1968, and the determination of such facts and findings so made by the state treasurer, as evidenced by a certificate to this effect, shall be conclusive, except that the state treasurer shall have the right to apply the provisions of this Chapter to exempted issues at the request of the issuing agency. Acts 1968, Ex.Sess., No. 26, §6.
LA Rev Stat § 39:1407 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1407. Repealed by Acts 2010, No. 743, §15B, eff. July 1, 2010.

RS 1407 - Repealed by Acts 2010, No. 743, §15B, eff. July 1, 2010.
LA Rev Stat § 39:1408 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1408. Transfer of functions from State Bond and Tax Board

RS 1408 - Transfer of functions from State Bond and Tax Board A. By authority of Section 32 of Article III of the Constitution of 1921, the powers, duties and functions of the State Bond and Tax Board as provided in R.S. 47:1801-1808 are hereby transferred to and vested in the State Bond Commission. B. Under the transfer herein provided for, all pending and unfinished business of the State Bond and Tax Board as of the effective date of this section shall be taken over and completed by the State Bond Commission. The State Bond Commission shall be the successor in every way to the State Bond and Tax Board and every act done by the State Bond Commission in the exercise of the powers, duties and functions of the State Bond and Tax Board herein transferred shall be deemed to have the same force and effect under any provisions of the constitution and laws in effect on the effective date of this section as if done by the State Bond and Tax Board. C. Whenever the State Bond and Tax Board is referred to or designated by the constitution or by any law or contract or other document, such reference or designation hereafter shall be deemed to be to the State Bond Commission; provided, however, that the provisions of this section are in no way intended to extend to nor shall they be construed in any manner which shall impair any contractual obligations of the State Bond and Tax Board or impair any contractual obligation, bonding or taxing authority heretofore approved by the State Bond and Tax Board. D. All books, papers, records, money and other property heretofore possessed, controlled or used by the State Bond and Tax Board in the exercise of the functions hereby transferred and all employees heretofore engaged in the performance of such functions are hereby transferred to the State Bond Commission. E. The transfer provided for in this Act shall take effect and be operative on January 1, 1973 and any appropriation made at this 1972 regular session of the legislature or any funds otherwise made available for the State Bond and Tax Board shall be transferred to and be used by the State Bond Commission in carrying out the functions herein transferred to it. Acts 1972, No. 123, §§1 to 5.
LA Rev Stat § 39:1409 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1409. Repealed by Acts 2010, No. 743, §15B, eff. July 1, 2010.

RS 1409 - Repealed by Acts 2010, No. 743, §15B, eff. July 1, 2010.
LA Rev Stat § 39:1410.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1410.1. Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.

RS 1410.1 - Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.
LA Rev Stat § 39:1410.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1410.2. Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.

RS 1410.2 - Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.
LA Rev Stat § 39:1410.3 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1410.3. Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.

RS 1410.3 - Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.
LA Rev Stat § 39:1410.4 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1410.4. Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.

RS 1410.4 - Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.
LA Rev Stat § 39:1410.5 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1410.5. Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.

RS 1410.5 - Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.
LA Rev Stat § 39:1410.6 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1410.6. Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.

RS 1410.6 - Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.
LA Rev Stat § 39:1410.7 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1410.7. Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.

RS 1410.7 - Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.
LA Rev Stat § 39:1410.8 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1410.8. Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.

RS 1410.8 - Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.
LA Rev Stat § 39:1410.9 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§1410.9. Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.

RS 1410.9 - Repealed by Acts 1989, No. 836, §4, eff. July 1, 1989.