HLS 10RS-128 ORIGINAL
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2010
HOUSE BILL NO. 965
BY REPRESENTATIVE WADDELL
ECONOMIC DEVELOP/DEPT: Requires the Department of Economic Development to
include certain details about pending mega-project deals on its website
AN ACT1
To enact R.S. 51:2366, relative to the Louisiana Mega-Project Development Fund; to require2
the Department of Economic Development to publish on its website information3
regarding potential mega-projects, including the potential location and nature of the4
business being subsidized; to provide a definition; and to provide for related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 51:2366 is hereby enacted to read as follows: 7
ยง2366. Accountability requirements8
The Department of Economic Development shall publish on its website9
information on each pending mega-project, including, at a minimum, the parishes10
being considered for location and the nature of the business being subsidized. For11
the purposes of this Section, pending mega-projects are those that are in the active12
planning or development phase or those that have been assigned a code name but13
have yet to be approved.14
Section 2. This Act shall become effective January 1, 2011.15 HLS 10RS-128 ORIGINAL
HB NO. 965
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
Waddell HB No. 965
Abstract: Requires the Dept. of Economic Development to include certain information
regarding mega-projects on its website.
Proposed law provides that the Dept. of Economic Development must publish on its website
information about mega-projects, specifically, information pertaining to the potential
location and the nature of the business being subsidized. Also, defines "pending mega-
projects" as those that are in the active planning or development phase or those that have
been assigned a code name but have yet to be approved.
Effective Jan. 1, 2011.
(Adds R.S. 51:2366)