Duties of the commissioner relative to the state debt database

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RS 16.9 - Duties of the commissioner relative to the state debt database

A.(1) The commissioner shall ensure the website includes a state debt database that is electronically searchable by the public.

(2) The state treasurer shall establish and maintain the state debt database and provide access or integration to the database.

(3) All agencies, boards, commissions, and departments of the state are directed to furnish information, reports, aid, services, and assistance to the extent allowed by state and federal law and regulations as may be requested by the state treasurer in the performance of the treasurer's responsibilities as set forth in this Subsection.

B. The state debt database shall have the following functionality:

(1) Search and aggregate debt by agency.

(2) Search and aggregate debt from multiple fiscal years.

C. The state debt database shall include the following content:

(1) Amounts and categories of state debt, such as pensions, post-employment benefit obligations, and capital construction.

(2) Amounts and categories of local debt backed by the full faith and credit of the state.

(3) Annual costs of debt service by category and budget unit.

(4) Sources of funding for state debt obligations.

(5) The per capita costs of state debt.

(6) National and other state comparisons of Louisiana's debt.

(7) Information used to determine the state's net state tax supported debt.

Acts 2018, 2nd Ex. Sess., No. 1, §1, eff. July 1, 2018.


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