Louisiana 2018 Regular Session

Louisiana House Bill HB675 Latest Draft

Bill / Chaptered Version

                            ENROLLED
ACT No. 138
2018 Regular Session
HOUSE BILL NO. 675
BY REPRESENTATIVE ZERINGUE
1	AN ACT
2 To amend and reenact R.S. 33:4545.6 and to enact R.S. 33:4545.4(G), relative to the
3 Louisiana Energy and Power Authority; to provide relative to the powers and duties
4 of the governing board and operating committee of the authority; to limit the powers
5 granted to members of the authority's operating committee; to provide for the
6 creation of the Louisiana Energy and Power Authority Unit 1 participants committee;
7 to provide relative to votes cast by members of the newly created participants
8 committee; and to provide for related matters.
9 Be it enacted by the Legislature of Louisiana:
10 Section 1.  R.S. 33:4545.6 is hereby amended and reenacted and R.S. 33:4545.4(G)
11 is hereby enacted to read as follows: 
12 §4545.4.  Board of directors as governing authority of the Authority
13	*          *          *
14	G.  Notwithstanding any other provision of law to the contrary, with respect
15 to the Louisiana Energy and Power Authority Unit 1, the board of directors shall be
16 subject to the limitations provided in R.S. 33:4545.6(B).
17	*          *          *
18 §4545.6.  Operating committee; powers and duties; terms
19	A.  The directors of the Authority may create an operating committee for the
20 board of directors.  The board of directors may provide for the composition of the
21 operating committee so as to afford, in its judgment, fair representation of the
22 participating municipalities directly interested in the affairs or operations of the
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CODING:  Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 675	ENROLLED
1 Authority or facilities owned or operated by the Authority.  The operating committee
2 shall have and shall exercise such of the powers and authority as shall be prescribed
3 and delegated in the Authority's by-laws, rules or resolutions.  The terms of office
4 of the persons serving on the operating committee and the method of filling
5 vacancies therein shall be prescribed in the Authority's by-laws, rules or resolutions.
6	B.(1)  Notwithstanding any provision of law to the contrary, with respect to
7 the Louisiana Energy and Power Authority Unit 1, there shall be created a Louisiana
8 Energy and Power Authority Unit 1 participants committee comprised solely of those
9 municipalities that are contracted through a power sales agreement to take power
10 from the Louisiana Power and Energy Authority Unit 1.
11	(2)  The Louisiana Energy and Power Authority Unit 1 participants
12 committee shall have sole authority to decide all matters related to such unit and
13 such authority shall be executed pursuant to a majority vote of the members of the
14 Louisiana Energy and Power Authority Unit 1 participants committee.
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.