Louisiana 2015 2015 Regular Session

Louisiana Senate Bill SB234 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Riley Boudreaux.
DIGEST
SB 234 Engrossed	2015 Regular Session	Donahue
Present law limits the eligibility for Enterprise Zone contracts of retail businesses which are assigned
North American Industry Classification (NAICS) Codes of 44 or 45 and have more than 100
employees nationwide including affiliates prior to the contract effective date to grocery stores and
pharmacies located in an enterprise zone defined by the Department of Economic Development by
rules promulgated in accordance with the APA.
Proposed law limits the eligibility for Enterprise Zone contracts of any such retail businesses which
are assigned NAICS Codes of 44 or 45 except grocery stores and pharmacies located in an enterprise
zone with less than one hundred employees nationwide including affiliates prior to July 1, 2015.
Proposed law prohibits eligibility for Enterprise Zone contracts for any business which is assigned
an NAICS Code of 722110 as a full-service restaurant or 722513 as a limited-service restaurant or
any business selling meals or prepared foods to consumers for consumption on site, as such terms
are defined by the department by rules promulgated in accordance with the APA.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 51:1787(B)(3)(b))