HLS 12RS-778 ORIGINAL Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2012 HOUSE BILL NO. 208 BY REPRESENTATIVE PONTI ECONOMIC DEVELOP/DEPT: Extends sunset for confidentiality of company information submitted to the Dept. of Economic Development AN ACT1 To amend and reenact R.S. 44:22(F), relative to economic development; to extend the sunset2 for the confidentiality of information submitted to the Department of Economic3 Development; to provide for an effective date; and to provide for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 44:22(F) is hereby amended and reenacted to read as follows: 6 ยง22. Economic development negotiations7 * * *8 F. The provisions of this Section shall be void and have no effect beginning9 with any negotiations that begin on or after July 1, 2012 July 1, 2016.10 Section 2. This Act shall become effective upon signature by the governor or, if not11 signed by the governor, upon expiration of the time for bills to become law without signature12 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If13 vetoed by the governor and subsequently approved by the legislature, this Act shall become14 effective on the day following such approval.15 HLS 12RS-778 ORIGINAL HB NO. 208 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)] Ponti HB No. 208 Abstract: Extends the sunset for the confidentiality of information submitted to the Dept. of Economic Development. Present law provides that records in the custody of the Dept. of Economic Development pertaining to an active negotiation with a person for the purpose of retaining, expanding, or attracting economic or business development in the state shall be confidential and shall not be subject to disclosure under the provisions of the Public Records Law. Proposed law retains present law. Present law provides that the provisions of present law shall be void and have no effect beginning with any negotiations that begin on or after July 1, 2012. Proposed law changes the sunset date to July 1, 2016. Effective upon signature of governor or lapse of time for gubernatorial action. (Amends R.S. 44:22(F))