SLS 18RS-641 ORIGINAL 2018 Regular Session SENATE BILL NO. 393 BY SENATOR CHABERT COASTAL PROTECT/RES AUTH. Provides relative to sales, leases, and subleases of land rights acquired by the Coastal Protection and Restoration Authority. (gov sig) 1 AN ACT 2 To enact R.S. 49:214.6.2(D)(9), relative to the functions and responsibilities of the Coastal 3 Protection and Restoration Authority; to provide for the procedure for the lease, and 4 sublease of land rights acquired by the authority; to provide for terms, conditions, 5 and requirements; and to provide for related matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 49:214.6.2(D)(9) is hereby enacted to read as follows: 8 ยง214.6.2. Functions and responsibilities; coastal activities 9 * * * 10 D. The authority may: 11 * * * 12 (9) Grant leases, and subleases and enter any related contract or 13 agreement, hereafter in this Paragraph collectively referred to as a "lease", on 14 any portion of the land rights acquired by the authority to any of the following: 15 (a) A public body. The application, advertisement, and bid requirements 16 set forth in Part I of Chapter 10 of Title 41 of the Louisiana Revised Statutes of 17 1950 shall not apply to such a lease. Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 393 SLS 18RS-641 ORIGINAL 1 (b) A private entity. The provisions of Part I of Chapter 10 of Title 41 of 2 the Louisiana Revised Statutes of 1950 shall not apply to a mineral or timber 3 lease with a private entity. If a private entity is obligated under the terms of a 4 lease to undertake activities or to construct improvements on the leased land 5 right that will support the public purposes of the authority, the provisions of 6 Part I of Chapter 10 of Title 41 of the Louisiana Revised Statutes of 1950 shall 7 not apply to the lease. 8 Section 2. This Act shall become effective upon signature by the governor or, if not 9 signed by the governor, upon expiration of the time for bills to become law without signature 10 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If 11 vetoed by the governor and subsequently approved by the legislature, this Act shall become 12 effective on the day following such approval. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Alan Miller. DIGEST SB 393 Original 2018 Regular Session Chabert Proposed law authorizes the Coastal Protection and Restoration Authority to grant leases, and subleases and enter any related contract or agreement referred to as a "lease", on any portion of the land rights acquired by the authority to any of the following: (1)A public body. The application, advertisement, and bid requirements set forth in present law relative to leases of public lands shall not apply to such a lease contemplated under proposed law. (2)A private entity. The provisions of present law relative to leases of public lands shall not apply to a mineral or timber lease with a private entity. If a private entity is obligated under the terms of a lease to undertake activities or to construct improvements on the leased land rights that will support the public purposes of the authority, the provisions of present law relative to leases of public lands shall not apply to the lease contemplated under proposed law. Effective upon signature of the governor or lapse of time for gubernatorial action. (Adds R.S. 49:214.6.2(D)(9)) Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.