Louisiana 2014 2014 Regular Session

Louisiana Senate Bill SB591 Comm Sub / Analysis

                    RDCSB591 1194 5500
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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)]
Morrell	SB No. 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 provides that in addition to following any amendments
to The Road Home Program's Action Plan relevant to Road Home properties, when the Road
Home Corporation, Louisiana Land Trust or other housing assistance program develops
plans to bundle single lots or contiguous properties to be sold at auction, to bundle single lots
or contiguous properties for sale for targeted development, or to bundle single lots or
contiguous properties for reintroduction to the marketplace through other strategies, then
these entities are to ensure that participation in the sale is open to all persons, public or
private, including for-profit as well as nonprofit entities.
Proposed law may not apply to any "lot next door program" that provides an opportunity to
owners of property sharing a common boundary with a former Road Home property to
purchase the property.
Effective August 1, 2014.
(Adds R.S. 40:600.66(B)(5))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Finance to the original
bill
1. Deletes the requirement that whenever the Road Home Corporation, the La.
Land Trust, or other housing entity develops plans to bundle single lots or
contiguous properties to be sold, such entities shall develop the plans with
the concurrence of the appropriate neighborhood or homeowner association.
Senate Floor Amendments to engrossed bill
1. Adds that proposed law does not to apply to any "lot next door program" that
provides an opportunity to property owners sharing a common boundary with
a former Road Home property to purchase the property.
Summary of Amendments Adopted by House
Committee Amendments Proposed by House Committee on Appropriations to the
reengrossed bill.
1. Changes provisions of the applicability of proposed law to the "lot next door
program" from mandatory to permissive.