DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 337 Original 2021 Regular Session Crews
Abstract: Removes lease requirements for the Shreveport Airport Authority that authorize the
lessor to grant the option to extend the primary airport facility lease term for an additional
period of not more than 10 years based on the monetary amount of permanent improvements
added or contracted to be added.
Present law provides the length of all airport facility leases is for a period not to exceed 10 years;
however, the lessor may grant the option to extend the lease term for an additional 10 years to any
lessee who:
(1)Leases land or holds a 10-year lease in effect on or after Aug. 15, 1999, and within the 10-
year lease term, adds or contracts to add permanent improvements to or on the land in the
amount not less than $20,000.
(2)Has provided written notice to the lessor of the desire to extend the primary lease.
(3)Has provided proof that the improvements have been made or contracted for.
Present law provides the option for the lessor to extend the lease term by an additional 10 years
under the following conditions:
(1)When the lease provides that the improvements will become the property of the lessor at no
additional cost to the lessor.
(2)When such improvements are in excess of $60,000 for non-air carrier airports or $100,000
for air carrier airports and the lease provides for the addition or construction on or to the land
in these amounts.
Present law prohibits the extended lease term from exceeding a maximum term of 100 years.
Proposed law exempts the Shreveport Airport Authority, which includes the Shreveport Downtown
Airport and Shreveport Regional Airport, from the requirements of present law.
(Adds R.S. 2:135.1(B)(2)(c))