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 1015 Original 2022 Regular Session Schexnayder
Abstract: Makes changes to the Major Events Incentive Program and creates a separate grant
program for certain events held in Louisiana.
Present law creates the Major Events Incentive Program to provide funding for specific major events
and provides definitions for "endorsing municipality", "endorsing parish", "event support contract",
"local organizing committee", "qualified major event", and "site selection organization".
Proposed law retains present law.
Present law requires the Dept. of Economic Development (LED) to administer the program.
Proposed law moves administration of the program to the lieutenant governor, through the Dept. of
Culture, Recreation and Tourism, in consultation with LED.
Proposed law allows grants to be used to pay or reimburse the endorsing parish, endorsing
municipality, or local organizing committee for the cost of applying or bidding for selection as the
site of the event and for the costs of planning for or conducting the event.
Present law requires approval of the commissioner of administration and the Joint Legislative
Committee on the Budget (JLCB) prior to the execution of any contract with a local organizing
committee, endorsing parish, or endorsing municipality for a qualified major event.
Proposed law requires LED to prepare a written evaluation of the anticipated economic impact
within the designated area by the occurrence of the qualified major event and certify that an award
of the grant is in the best interest of the state prior to the lieutenant governor entering into any
contract for a qualified major event.
Proposed law allows the lieutenant governor to award grants under $3 million without JLCB
approval but requires the lieutenant governor to submit the evaluation to JLCB no later than 30 days
after entering into a contract.
Proposed law requires JLCB approval prior to entering into a contract over $3 million.
Proposed law requires LED to determine, after the event, the amount of the incremental increase in
state sales and use and excise tax receipts attributed to the event and to report the increase to JLCB. Proposed law further requires JLCB to approve a portion of the increase to be transferred into the
fund and requires the treasurer to transfer the funds upon approval of JLCB.
Present law creates the Major Events Incentive Program Subfund as a subfund of the Louisiana
Mega-Project Development Fund.
Proposed law changes the subfund to a separate fund of the state treasury and renames it the Major
Events Incentives Fund.
Proposed law creates the Events Incentive Program to provide grant funding to municipalities and
parishes for costs associated with planning, marketing, and conducting events of area-wide,
statewide, regional, national, or international prominence.
Proposed law requires the lieutenant governor, through the Dept. of Culture, Recreation and
Tourism, to administer the program in consultation with LED.
Proposed law limits each grant to 25% of the total cost incurred by the municipality or parish for the
event, not to exceed $250,000 per event.
(Amends R.S. 51:2365(D)(3) and (F)(2); Adds R.S. 51:1260 and 1261; Repeals R.S.
51:2365(F)(1)(d) and 2365.1)