Louisiana HB382 amends the authority of the Joint Legislative Committee on the Budget to review and approve contract adjustments over one million.

Louisiana HB382 modifies the authority of the Joint Legislative Committee on the Budget to review and approve adjustments to contracts worth one million dollars or more. The bill specifies that any such adjustments must indicate the fiscal impact to the plan of benefits and the rate structure over the subsequent three years or maximum contract period. This change shifts the review and approval responsibility from the oversight committees to the Joint Legislative Committee on the Budget.

Louisiana HB382 amends the authority of the Joint Legislative Committee on the Budget to review and approve contract adjustments over one million.

Louisiana HB382 modifies the authority of the Joint Legislative Committee on the Budget to review and approve adjustments to contracts worth one million dollars or more. The bill specifies that any such adjustments must indicate the fiscal impact to the plan of benefits and the rate structure over the subsequent three years or maximum contract period. This change shifts the review and approval responsibility from the oversight committees to the Joint Legislative Committee on the Budget.