2016 Regular Session ENROLLED SENATE BILL NO. 295 BY SENATORS PETERSON, BISHOP, CARTER, APPEL, CHABERT, JOHNS, MARTINY AND TARVER AND REPRESENTATIVES ADAMS, BAGNERIS, BOUIE, GARY CARTER, JIMMY HARRIS, HAZEL, TERRY LANDRY, LEGER, LOPINTO, MARCELLE, MORENO AND TALBOT 1 AN ACT 2 To enact R.S. 27:248, relative to the land-based casino; to promote non-gaming economic 3 development; to provide for personnel and total operating force; to provide for third- 4 party tenants; to provide for compensation; to provide for reporting; to provide for 5 definitions; to provide for credits; to provide for methods of calculation; and to 6 provide for related matters. 7 Be it enacted by the Legislature of Louisiana: 8 Section 1. R.S. 27:248 is hereby enacted to read as follows: 9 ยง248. Non-gaming economic development by casino gaming operator 10 A. An effective method of promoting non-gaming economic development 11 by the casino gaming operator or an affiliate company exists through the 12 development of businesses including but not limited to restaurants, 13 entertainment outlets, and retail outlets leased or subleased to third-party 14 tenants or subtenants within, adjacent to, and around the official gaming 15 establishment. 16 B. Non-gaming economic development within, adjacent to, or around the 17 official gaming establishment for which the casino gaming operator, on its own 18 or through an affiliate, holds a leasehold interest, will revitalize the nearby 19 properties and within the state and parish where the official gaming 20 establishment is located. Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 295 ENROLLED 1 C. As to non-gaming economic development activities: 2 (1) The casino gaming operator shall directly and through its parent, 3 subsidiary, or affiliate companies and its third-party tenants and subtenants, 4 collectively seek to maintain and grow the operating force or personnel level 5 related to the casino and non-gaming operations within, adjacent to, or around 6 the official gaming establishment. 7 (2) The total operating force or personnel level of the third-party tenants 8 shall be reported to the board quarterly on the following dates every year: 9 (a) March thirty-first, covering the three-month period beginning 10 December first and ending on the last day of February. 11 (b) June thirtieth, covering the three-month period beginning March 12 first and ending May thirty-first. 13 (c) September thirtieth, covering the three-month period beginning June 14 first and ending August thirty-first. 15 (d) December thirty-first, covering the three-month period beginning 16 September first and ending November thirtieth. 17 (3) The reported operating force or personnel level for the prior quarter 18 shall be determined by taking into account the greater of either the three-month 19 average for the applicable reporting quarter or the highest monthly total during 20 the applicable reporting quarter. The reported operating force or personnel 21 level for the prior quarter shall be credited to the casino operator for purposes 22 of meeting its obligations under R.S. 27:244(A)(11), provided that such credit 23 shall be limited to four hundred employment positions toward the total 24 operating force or personnel level. 25 (4) For purposes of this Section, "operating force or personnel level" 26 shall mean the number of people employed by the casino and any related non- 27 gaming entity, including hotel operations, third-party tenants, and corporate 28 employees. 29 (5) The casino gaming operator shall be credited an amount equal to the 30 pro rata share of compensation to employees of the third-party tenants. The Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 295 ENROLLED 1 credited amount shall be applied to the total salary level or compensation 2 reported under R.S. 27:244(A)(12) and shall be calculated based on the total 3 operating force or personnel level reported pursuant to R.S. 27:248(C)(2). PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 3 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.