SLS 19RS-210 ORIGINAL 2019 Regular Session SENATE BILL NO. 161 BY SENATOR LAFLEUR ECONOMIC DEVELOPMENT. Provides relative to the Lafayette Economic Development Authority. (gov sig) 1 AN ACT 2 To enact R.S. 34:291(B)(3) and to repeal R.S. 34:291.1 and 295, relative to the Lafayette 3 Economic Development Authority; to provide for oversight responsibility; to remove 4 certain responsibilities for examinations and investigations; and to provide for 5 related matters. 6 Notice of intention to introduce this Act has been published. 7 Be it enacted by the Legislature of Louisiana: 8 Section 1. R.S. 34:291(B)(3) is hereby enacted to read as follows: 9 PART IV. LAFAYETTE ECONOMIC DEVELOPMENT AUTHORITY 10 ยง291. Creation; territorial limits and jurisdiction 11 * * * 12 B. 13 * * * 14 (3) No rule, regulation, or order shall be adopted by the Lafayette 15 Economic Development Authority which is inconsistent with or contrary to any 16 law, ordinance, or regulation now in force or hereinafter enacted by the United 17 States of America, the state of Louisiana, or Lafayette Parish, and any such 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. 161 SLS 19RS-210 ORIGINAL 1 rule, regulation, or order shall be null and void, except that no action by the 2 Lafayette Parish Council shall abrogate any contract or agreement duly 3 executed by the authority that was valid and legal when executed. 4 Section 2. R.S. 34:291.1 and 295 are hereby repealed. 5 Section 3. This Act shall become effective upon signature by the governor or, if not 6 signed by the governor, upon expiration of the time for bills to become law without signature 7 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If 8 vetoed by the governor and subsequently approved by the legislature, this Act shall become 9 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 Michael Bell. DIGEST SB 161 Original 2019 Regular Session LaFleur Present law creates the Lafayette Economic Development Authority as a political subdivision of the state with its territorial limits and jurisdiction extending throughout the parish of Lafayette. Proposed law retains present law and adds that no rule, regulation, or order shall be adopted by the Lafayette Economic Development Authority which is inconsistent with or contrary to any law, ordinance, or regulation now in force or hereinafter enacted by the United States of America, the state of Louisiana, or Lafayette Parish, and any such rule, regulation, or order shall be null and void, except that no action by the Lafayette Parish Council shall abrogate any contract or agreement duly executed by the authority that was valid and legal when executed. Present law provides for the Lafayette Parish Council to have oversight responsibility for the Lafayette Economic Development Authority and to utilize such powers as are necessary to exercise such oversight responsibility. Present law requires the board to make an annual report to the parish of Lafayette about the number of arrivals and departures of vessels and their tonnage along with the exports and imports passing through the port district. Proposed law repeals present law. Effective upon signature of the governor or lapse of time for gubernatorial action. (Adds R.S. 34:291(B)(3); repeals R.S. 34:291.1 and 295) Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.