Louisiana 2016 2016 Regular Session

Louisiana Senate Bill SB295 Enrolled / Bill

                    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.
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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
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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:                          
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.