Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2014 ENROLLED SENATE BILL NO. 528 BY SENATOR CROWE AN ACT1 To amend and reenact R.S. 34:3493(A)(1), 3495(A), (C), (D), (F), and (G) and to enact R.S.2 34:3499.1, relative to the Louisiana International Deep Water Gulf Transfer3 Terminal Authority; to provide for jurisdiction; to provide for changes in the4 coordinates; to provide for an executive board; to provide for the legislative auditor;5 to provide for contracting parties; to provide for financial compliance; and to provide6 for related matters.7 Be it enacted by the Legislature of Louisiana:8 Section 1. R.S. 34:3493(A)(1), 3495(A), (C), (D), (F), and (G) are hereby amended9 and reenacted and R.S. 34:3499.1 is hereby enacted to read as follows:10 §3493. Jurisdiction; domicile11 A.(1) The Louisiana International Deep Water Gulf Transfer Terminal12 Authority shall have only that exclusive jurisdiction as provided herein over a13 structure, a series of structures, or a facility constructed after July 1, 2008, at the14 lower end of the east bank at Southwest Pass in Plaquemines Parish on state owned15 property, beginning at latitude 28.934856 degrees; longitude 89.398368 degrees then16 east to latitude 28.929035 degrees; longitude 89.390547 then south to latitude17 28.915113 degrees; longitude 89.403934 degrees then west to latitude 28.92093318 degrees; longitude 89.411755 degrees and then back to point of beginning described19 as follows to wit: beginning at a point having latitude 28.953797 degrees north20 and longitude 89.316072 degrees west; thence proceed to a point having latitude21 28.941817 degrees north and 89.316192 degrees west; thence proceed to a point22 having latitude 28.918486 degrees north and 89.336992 degrees west; thence23 proceed to a point having latitude 28.918692 degrees north and longitude24 89.349631 degrees west; thence proceed to a point having latitude 28.94065025 degrees north and longitude 89.353161 degrees west; thence proceed to a point26 having latitude 28.953931 degrees north and 89.324425 degrees west; thence27 proceed to the point of beginning and designed to accommodate deep draft28 ACT No. 471 SB NO. 528 ENROLLED Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. container vessels and their cargoes, including all intermodal structures, property, and1 equipment used for transportation, and facilities directly related thereto and2 necessary or useful to the operation thereof, whether landward, onshore, or seaward3 of the main structures or facilities themselves, including any facility which is part of4 a gulf transfer container terminal.5 * * *6 §3495. Duties of board; officers; rules; meetings; quorum7 A. The board of commissioners shall be the governing body of the authority8 with full power to promulgate rules and regulations for the maintenance and9 operation of said authority but may defer certain matters to the executive board10 provided for in Subsection C of this Section for consideration and action. Any11 action taken by the executive board shall be ratified by the board of12 commissioners. Prior to the adoption of any rule or regulation for the maintenance13 and operation of said authority, such rule or regulation shall be subject to the14 approval of the House and Senate committees on transportation, highways, and15 public works and the Joint Legislative Committee on the Budget.16 * * *17 C. The commissioners shall elect a president, two vice presidents, a18 secretary, and a treasurer from among themselves the members of the board of19 commissioners to serve for a term of two years and who shall constitute the20 executive board.21 D. The executive director, as shall be chosen by the board of commissioners,22 shall be the secretary of the board.23 * * *24 F. The board of commissioners or the executive board shall meet at least25 once every ninety days, or upon the written request of three members, or upon the26 written request of the president. The board may, upon the affirmative vote of a27 majority of its members, extend the ninety-day time interval between regular28 meetings.29 G. All matters to be acted upon by the board of commissioners or the30 SB NO. 528 ENROLLED Page 3 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. executive board shall require the affirmative vote of a majority of the board, with1 the exception that the affirmative vote of not less than ten commissioners shall be2 required to select the executive director.3 * * *4 §3499.1. Audit and inspection of records5 A. Any contract, agreement, memorandum of understanding, or6 cooperative endeavor agreement entered into in order to carry out the purposes7 of this Chapter by the authority with any other party, whether public or8 private, shall require the contracting party to tender their annual financial9 audit, including all documents required to be submitted to federal regulators,10 to the authority for each year the agreement is in effect.11 B. Any party to a contract listed in Subsection A of this Section shall12 allow the legislative auditor, the legislative auditor's authorized representatives,13 and the state of Louisiana, independently and with or through the authority, to14 inspect and audit all data and financial records of the contracting party related15 to its performance with respect to the contract, in accordance with the16 provisions set forth in R.S. 24:513 et seq.17 C. The rights of inspection and audit set forth in this Section shall18 commence as of the date of the contract and shall continue until four years have19 elapsed from the date the contract is terminated.20 Section 2. This Act shall become effective upon signature by the governor or, if not21 signed by the governor, upon expiration of the time for bills to become law without signature22 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If23 vetoed by the governor and subsequently approved by the legislature, this Act shall become24 effective on the day following such approval.25 PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: