HLS 21RS-1019 ORIGINAL 2021 Regular Session HOUSE BILL NO. 600 BY REPRESENTATIVE GOUDEAU Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. PROPERTY/PUBLIC: Exempts certain property belonging to Lafayette and Lafayette Parish from third party transfer requirements 1 AN ACT 2To amend and reenact R.S. 41:1338(A)(2)(b), relative to the transfer of public property; to 3 provide relative to restrictions on the transfer of public property acquired by the state 4 and political subdivisions; to exempt property of Lafayette or Lafayette Parish from 5 third party transfer requirements; to provide for an effective date; and to provide for 6 related matters. 7Be it enacted by the Legislature of Louisiana: 8 Section 1. R.S. 41:1338(A)(2)(b) is hereby amended and reenacted to read as 9follows: 10 ยง1338. Transfers of property acquired by the state or political subdivision; 11 exemptions 12 A. 13 * * * 14 (2) The provisions of this Subsection shall not apply to the following: 15 * * * 16 (b) Property acquired or transferred by the governing authority authorities 17 of the city of Shreveport, or the governing authority of Caddo Parish, the city of 18 Lafayette, or Lafayette Parish. 19 * * * Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 21RS-1019 ORIGINAL HB NO. 600 1 Section 2. This Act shall become effective upon signature by the governor or, if not 2signed by the governor, upon expiration of the time for bills to become law without signature 3by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If 4vetoed by the governor and subsequently approved by the legislature, this Act shall become 5effective on the day following such approval. 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 600 Original 2021 Regular Session Goudeau Abstract: Exempts property acquired or transferred by the city of Lafayette or Lafayette Parish from the requirement, that prior to transferring property to a third party, the property must first be offered to the person from whom it was originally transferred. Present law requires that when the state or any political subdivision of the state acquires any property which it subsequently wishes to transfer to another person, the owner who transferred it to the state or the political subdivision must first be offered the property at fair market value. Present law provides for exemptions to this requirement. Proposed law retains present law exemptions and further exempts property acquired or transferred by the governing authorities of the city of Lafayette and Lafayette Parish. Effective upon signature of governor or lapse of time for gubernatorial action. (Amends R.S. 41:1338(A)(2)(b)) Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.