SSHB337 4146 3930
HOUSE SUMMARY OF SENATE AMENDMENTS
HB 337 2021 Regular Session Crews
PROCUREMENT: Provides relative to the applicability of certain lease terms to the
Shreveport Downtown Airport
Synopsis of Senate Amendments
1.Makes technical changes.
2.Adds a special effective date of January 1, 2023, or the day following approval
by the legislature if vetoed by the governor, whichever is later.
Digest of Bill as Finally Passed by Senate
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 Downtown Airport from the requirements of present
law.
Proposed law provides for an effective date of Jan. 1, 2023 or on the day following approval
by the legislature if vetoed by the governor, whichever is later.
(Amend R.S. 2:135.1(B)(2)(intro. para.); Adds R.S. 2:135.1(B)(2)(c))
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