HLS 10RS-1365 ORIGINAL Page 1 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2010 HOUSE BILL NO. 992 BY REPRESENTATIVE AUSTIN BADON PROPERTY/ABANDONED: Provides relative to abandoned and blighted housing property donated to or purchased by a nonprofit organization AN ACT1 To amend and reenact R.S. 33:4717.3 and to enact R.S. 33:4717.4, relative to abandoned and2 blighted property; to provide relative to the donation and public sale of such property3 by municipalities and parishes; to provide relative to the donation and public sale of4 any such property to nonprofit organizations; to require nonprofit organizations to5 renovate any such property within one year of sale or donation; to provide relative6 to the preparation and approval of renovation plans; and to provide for related7 matters.8 Be it enacted by the Legislature of Louisiana:9 Section 1. R.S. 33:4717.3 is hereby amended and reenacted and R.S. 33:4717.4 is10 hereby enacted to read as follows:11 §4717.3. Donation of abandoned or blighted property; municipality municipalities12 and parishes; nonprofit organizations13 A. The governing authority of a municipality or parish may donate any14 abandoned or blighted housing properties owned by the municipality or parish to any15 nonprofit organization which is recognized by the Internal Revenue Service as a16 501(c)(3) or 501(c)(4) nonprofit organization and which agrees to renovate and17 maintain such property until conveyance of the property by such organization.18 B. Any such nonprofit organization shall complete all renovations to the19 donated property within one year from the date of donation. The property shall be20 HLS 10RS-1365 ORIGINAL HB NO. 992 Page 2 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. renovated in accordance with a renovation plan that is submitted to and approved by1 the governing authority of the municipality or parish prior to the date of donation.2 §4717.4. Tax sale; abandoned or blighted property; nonprofit organizations3 Any nonprofit organization which is recognized by the Internal Revenue4 Service as a 501(c)(3) or 501(c)(4) nonprofit organization that purchases, at a public5 sale, abandoned or blighted housing property that has been adjudicated to a6 municipality or parish, shall complete all renovations to the purchased property7 within one year from the date of sale. The governing authority of the municipality8 or parish shall provide, by ordinance, that the approval of the sale of such property9 to any such organization shall be conditioned on the approval of a renovation plan10 submitted to the municipality or parish by any such organization. The property shall11 be renovated in accordance with any such renovation plan.12 Section 2. This Act shall become effective upon signature by the governor or, if not13 signed by the governor, upon expiration of the time for bills to become law without signature14 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If15 vetoed by the governor and subsequently approved by the legislature, this Act shall become16 effective on the day following such approval.17 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)] Austin Badon HB No. 992 Abstract: Relative to abandoned and blighted housing property, requires nonprofit organizations to renovate any such donated or purchased property within one year from the date of donation or purchase. Present law authorizes the governing authority of a municipality or parish to donate any abandoned or blighted housing properties owned by the parish to any nonprofit organization which is recognized by the IRS as a 501(c)(3) or 501(c)(4) nonprofit organization and which agrees to renovate and maintain such property until conveyance of the property by such organization. Proposed law retains present law and clarifies that the governing authority of a municipality may donate any such property it owns to a nonprofit organization. Proposed law requires nonprofit organizations to complete all renovations to the property donated by the municipality or parish within one year from the date of donation. Additionally requires that the property be renovated in accordance with a renovation plan HLS 10RS-1365 ORIGINAL HB NO. 992 Page 3 of 3 CODING: Words in struck through type are deletions from existing law; words underscored are additions. that is submitted to and approved by the governing authority of the municipality or parish prior to the date of donation. Proposed law requires any nonprofit organization that purchases, at a public sale, abandoned or blighted housing property that has been adjudicated to a municipality or parish, to complete all renovations to the purchased property within one year from the date of sale. Additionally requires the governing authority of the municipality or parish to provide, by ordinance, that the approval of the sale of such property to any such organization shall be conditioned on the approval of a renovation plan submitted to the municipality or parish. Effective upon signature of governor or lapse of time for gubernatorial action. (Amends R.S. 33:4717.3; Adds R.S. 33:4717.4)