Louisiana 2016 2016 Regular Session

Louisiana House Bill HB513 Chaptered / Bill

                    ENROLLED
ACT No. 289
2016 Regular Session
HOUSE BILL NO. 513
BY REPRESENTATIVE GARY CARTER
1	AN ACT
2 To amend and reenact R.S. 33:2740.27(K), relative to Orleans Parish; to provide relative to
3 the Algiers Development District; to provide relative to the powers and duties of the
4 district; to authorize the legislative auditor to audit contracts the district enters for
5 certain purposes; to provide limitations; and to provide for related matters.
6	Notice of intention to introduce this Act has been published
7	as provided by Article III, Section 13 of the Constitution of
8	Louisiana.
9 Be it enacted by the Legislature of Louisiana:
10 Section 1.  R.S. 33:2740.27(K) is hereby amended and reenacted to read as follows:
11 ยง2740.27.  The Algiers Development District; creation, composition, and powers;
12	levy of ad valorem taxes and issuance of bonds
13	*          *          *
14	K.(1)  The district may enter into contracts with any private entity for the
15 purpose of development within the boundaries of the district.  No such private entity
16 shall be considered a public or quasi public entity or a public body as a result of
17 entering into a contract with the district.  No such private entity shall be considered
18 a public or quasi public entity or a public body as a result of receiving or expending
19 funds of or on behalf of the district.  Such contracts shall be subject to audit by the
20 legislative auditor who may exercise the power and authority granted to him by R.S.
21 24:513 with respect to such contracts.  However, no private entity shall be
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 513	ENROLLED
1 considered a public or quasi public entity or a public body as a result of entering into
2 a contract with the district or as a result of receiving or expending funds of or on
3 behalf of the district.
4	(2)  No provision of this Subsection shall be construed to apply to any
5 contract entered into by the district with an investor owned utility that is regulated
6 by the Louisiana Public Service Commission or by the governing authority of the
7 city of New Orleans.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:  
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.