HLS 12RS-1296 ENGROSSED
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2012
HOUSE BILL NO. 692
BY REPRESENTATIVE ALFRED WILLIAMS
ECONOMIC DEVELOPMENT: Provides relative to the membership of the board of
directors of the Research Park Corporation
AN ACT1
To amend and reenact R.S. 17:3396.4(A)(introductory paragraph) and (6) and to enact R.S.2
17:3396.4(A)(7), relative to the Research Park Corporation; provides relative to3
membership of the board of directors; to add the designee of the chief executive4
officer of the Baton Rouge Area Chamber to the board membership; to provide for5
recusal of voting for such designee; and to provide for related matters.6
Be it enacted by the Legislature of Louisiana:7
Section 1. R.S. 17:3396.4(A)(introductory paragraph) and (6) are hereby amended8
and reenacted and R.S. 17:3396.4(A)(7) is hereby enacted to read as follows: 9
ยง3396.4. Membership of board of directors; vacancies; compensation; expenses;10
executive committee11
A. The corporation shall be managed by a board of directors consisting of12
not less than nine ten and not more than twelve thirteen members. The following13
individuals shall serve on the board of directors:14
* * *15
(6) The designee of the chief executive officer of the Baton Rouge Area16
Chamber. The ability of the designee to recuse himself from voting shall be limited17
to recusal on votes which would be a violation of R.S. 42:1112(B)(3) involving any18
person of which he is an officer, director, trustee, partner, or member provided that19
the designee receives no compensation or other thing of economic value from such20
person. The designee shall not be prohibited by R.S. 42:1111(C)(2)(d) from21 HLS 12RS-1296 ENGROSSED
HB NO. 692
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performing services for any person who has or is seeking to obtain contractual or1
other business or financial relationships with the Research Park Corporation,2
provided that the designee shall recuse himself from any vote of the board regarding3
such person.4
(6) (7) In addition, the board members designated in Paragraphs (1) through5
(5) (6) of this Subsection shall elect at least four but not more than seven individuals6
to represent the business sector to serve on the board of directors. Any vacancy7
occurring among the elected members shall be filled in accordance with the bylaws8
of the corporation.9
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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)]
Alfred Williams HB No. 692
Abstract: Adds the designee of the chief executive officer of the Baton Rouge Area
Chamber to the membership of the board of directors of the Research Park
Corporation and provides for recusal of voting for such designee.
Present law authorizes the establishment of the Research Park Corporation as a public,
nonprofit corporation authorized to create, develop, construct, operate, manage, and finance
a research and development park in cooperation with the LSU Board of Supervisors, the
Southern Board of Supervisors, and the governing authority of the appropriate municipality
or parish.
Present law provides that the corporation shall be managed by a board of directors consisting
of not less than nine and not more than 12 members as follows:
(1)The designee of the mayor-president of the city of Baton Rouge and the parish of
East Baton Rouge.
(2)The designee of the president of the LSU System.
(3)The designee of the president of the SU System.
(4)The designee of the secretary of the Dept. of Economic Development.
(5)One member selected by the Economic Freedom Association.
Provides that the board members shall elect at least four but not more than seven individuals
to represent the business sector to serve on the board of directors. HLS 12RS-1296 ENGROSSED
HB NO. 692
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Proposed law retains present law and adds the designee of the chief executive officer of the
Baton Rouge Area Chamber to the board of directors. Proposed law adds that the designee's
voting recusal is limited to votes in violation of present law (R.S. 42:1112(B)(3) relative to
prohibitions on participating in certain transactions involving governmental entities and
permits the designee to perform services for certain persons contracting with the corporation
provided that the designee recuses himself from any vote regarding such person.
(Amends RS 17:3396.4(A)(intro. para.) and (6); Adds R.S. 17:3396.4(A)(7))
Summary of Amendments Adopted by House
Committee Amendments Proposed by House Committee on Education to the original
bill.
1. Adds provision relative to voting recusal by the designee from the Baton Rouge
Area Chamber and provision permitting the designee to perform services for
certain persons contracting with the corporation provided that the designee
recuses himself from any vote regarding such person.