Louisiana 2016 Regular Session

Louisiana House Bill HB692 Latest Draft

Bill / Chaptered Version

                            ENROLLED
ACT No. 63
2016 Regular Session
HOUSE BILL NO. 692
BY REPRESENTATIVE JACKSON
1	AN ACT
2 To amend and reenact R.S. 26:80(C), relative to alcoholic beverages; to provide for
3 citizenship and residency requirements for certain permit applicants; to provide
4 exemptions; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1.  R.S. 26:80(C) is hereby amended and reenacted to read as follows: 
7 ยง80.  Qualifications of applicants for permits
8	*          *          *
9	C.(1)  If the applicant is a corporation or a limited liability company, all
10 officers and directors and all stockholders or members owning in the aggregate more
11 than five percent of the stock or of the membership interest in a limited liability
12 company and the person or persons who shall conduct or manage the business shall
13 possess the qualifications required of an applicant and shall furnish their federal
14 identification number, their Louisiana Department of Revenue business account
15 number, their social security number, and their correct home address. The
16 requirements as to citizenship and residence do not apply to either the officers,
17 directors, or stockholders of corporations, or the officers, managers, or members of
18 limited liability companies.  The corporation or limited liability company shall be
19 either organized under the laws of the state of Louisiana or qualified to do business
20 within the state of Louisiana. , to be shown by the affidavit of each accompanying
21 the application. Each affidavit shall include the signatory's Louisiana Department of
22 Revenue business account number, his social security number, and his correct home
23 address.
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 692	ENROLLED
1	(2)  The requirements as to citizenship and residence do not apply to officers,
2 directors, or stockholders of corporations or members of limited liability companies
3 applying for retail permits; to officers, directors, or stockholders or members of a
4 manufacturer; or to officers, directors, or stockholders of any corporation which on
5 January 31, 2003, had held a wholesale dealer permit continuously for at least the
6 past three years. The provisions of this Paragraph apply only to a corporation, limited
7 liability company, partnership, or any other legal business entity either organized
8 under the laws of the state of Louisiana or qualified to do business within the state
9 of Louisiana.
10	(3)  Notwithstanding any other provisions of law to the contrary, the
11 commissioner may accept from a publicly traded or other corporation or entity, other
12 than any gaming entity regulated pursuant to the provisions of R.S. 27:20 et seq.,
13 R.S. 27:41 et seq., or R.S. 27:301 401 et seq., the necessary documentation of those
14 persons described in Subsection D of this Section and three officers of the
15 corporation in full satisfaction of the requirements of this Section.
16	*          *          *
17 Section 2.  This Act shall become effective upon signature by the governor or, if not
18 signed by the governor, upon expiration of the time for bills to become law without signature
19 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana.  If
20 vetoed by the governor and subsequently approved by the legislature, this Act shall become 
21 effective on the day following such approval.
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.