2021 Regular Session ENROLLED
SENATE BILL NO. 162
BY SENATOR HENRY
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
1 AN ACT
2 To amend and reenact R.S. 51:2365.1(A)(5) and to enact R.S. 51:2365.1(B)(4), relative to
3 the Major Events Incentive Program and the Major Events Incentive Program
4 Subfund; to redefine qualified event; to provide for uses of fund monies; and to
5 provide for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 51:2365.1(A)(5) is hereby amended and reenacted and R.S.
8 51:2365.1(B)(4) is hereby enacted to read as follows:
9 ยง2365.1. Major Events Incentive Program and the Major Events Incentive Program
10 Subfund
11 A. As used in this Section:
12 * * *
13 (5) "Qualified event" or "qualified major event" means a National Football
14 League Super Bowl, a National Collegiate Athletic Association Final Four
15 tournament game, the National Basketball Association All-Star Game, the X Games,
16 a National Collegiate Athletic Association Division I Football Bowl Subdivision
17 postseason playoff or championship game, a college tournament or championship,
18 the World Games, a national collegiate championship of an amateur sport sanctioned
19 by the national governing body of the sport that is recognized by the United States
20 Olympic Committee, an Olympic activity including a Junior or Senior activity,
21 training program, or feeder program sanctioned by the United States Olympic
22 Committee's Community Olympic Development Program, a mixed martial arts
23 championship, the Breeders' Cup World Championships, a Bassmasters Classic, a
24 National Motorsports race, the Red Bull Signature Series, a National Collegiate
25 Athletic Association football kickoff game, a national championship or Olympic
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 162 ENROLLED
1 trials of an amateur or professional sport sanctioned by the national governing body
2 of the sport, the United States Bowling Congress Tournament, the WWE
3 WrestleMania, the Bayou Classic, the Essence Festival, the Zurich Classic, a national
4 military event, a national political convention of the Republican National Committee
5 or of the Democratic National Committee, or any National Collegiate Athletic
6 Association conference, convention, or conference media event, including
7 conference media days. The term includes any activities related to or associated with
8 a qualified event.
9 * * *
10 B.
11 * * *
12 (4) Monies in the fund shall be appropriated and used to provide
13 funding for entities within the state for the costs associated with attracting,
14 hosting, and staging major events of areawide, statewide, regional, national, or
15 international prominence. Such funding shall require prior approval of the
16 Joint Legislative Committee on the Budget.
17 * * *
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.