The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Jay Lueckel.
DIGEST
Morrell (SB 591)
Present law provides for the powers and responsibilities of the Road Home Corporation and the
La. Land Trust. Provides for housing assistance rendered by the Road Home Corporation, the
La. Land Trust, or rendered through any other house assistance program.
Proposed law retains present law and also provides that whenever such entities develop plans to
bundle single lots or contiguous properties to be sold in bulk at auction, for sale for targeted
development, or for reintroduction to the marketplace through other strategies, such entities shall:
(1)Develop such plans for the sale with the concurrence of the appropriate neighborhood
association or homeowner association.
(2)Ensure that participation in the sale is open to all persons, public or private, including
for-profit as well as nonprofit.
Effective August 1, 2014.
(Adds R.S. 40:600.66(B)(5))