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)]
CONFERENCE COMMITTEE REP ORT DIGEST
HB 1015 2022 Regular Session Schexnayder
Keyword and oneliner of the instrument as it left the House
ECONOMIC DEVELOPMENT: Provides relative to financial incentives for events held in
Louisiana
Report adopts Senate amendments to:
1. Add event producers and hosts as eligible recipients of grants from the Major Events
Incentive Fund and allow the Department of Culture, Recreation and Tourism to contract
directly with the entities.
2. Provide an exception to the requirement that an event may only be held once a year to be
eligible for funding through the Major Events Incentive Program and the Events Incentive
Program.
3. Change the effective date.
4. Make technical changes.
Report rejects Senate amendments which would have:
1. Required approval by the Joint Legislative Committee on the Budget for all contracts entered
into by the lieutenant governor to solicit a qualified major event.
2. Required all monies in the Major Events Incentive Fund and the Events Incentive Fund to
be subject to an appropriation.
3. Required approval by the Joint Legislative Committee on the Budget for all economic
analyses submitted to the treasurer.
4. Required an act of the legislature prior to the treasurer transferring state general fund monies.
5. Changed the requirement for the lieutenant governor to report the amount of 50% of the sales and excise taxes attributable to the major event to the treasurer reporting a recommendation
for an amount of 50% of the sales and excise taxes attributable to the event.
Report amends the bill to:
1. Delete provisions requiring the treasurer to immediately transfer 50% of the incremental
increase from the state general fund into the Major Events Incentive Fund.
2. Remove annual reporting requirement for the lieutenant governor.
3. Require the lieutenant governor to submit the economic analysis for each major event to the
Joint Legislative Committee on the Budget.
4. Require the Joint Legislative Committee on the Budget to determine the portion of the
incremental tax increase reported by the lieutenant governor to be transferred into the Major
Events Incentive Fund.
5. Require the treasurer to transfer the amount determined by the Joint Legislative Committee
on the Budget into the Major Events Incentive Fund.
Digest of the bill as proposed by the Conference Committee
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.
Proposed law allows grants to be used to pay or reimburse the event producer or host, endorsing
parish, endorsing municipality, local organizing committee, official tourism commission, convention
and visitors bureau, or official destination marketing organization 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 an event producer or
host, a local organizing committee, endorsing parish, or endorsing municipality for a qualified major
event.
Proposed law repeals present law. Proposed law requires the lieutenant governor to submit an economic analysis to JLCB and to
include in such analysis: (1) the designated area impacted by the occurrence of the qualified major
event, (2) the total incremental increase in sales and use receipts in the designated area, and (3) the
total incremental increase in excise tax receipts in the designated area.
Proposed law requires JLCB to determine the portion of the incremental tax increase reported by the
lieutenant governor to be transferred into the Major Events Incentive Fund and requires the treasurer
to transfer the amount determined by JLCB into the fund.
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,
parishes, official tourism commissions, convention and visitors bureaus, official destination
marketing organizations, and nonprofit corporations hosting an event.
Proposed law requires the lieutenant governor, through the Dept. of Culture, Recreation and
Tourism, to administer the program.
Proposed law provides for eligibility criteria and required documentation for events to receive
funding through the program.
Proposed law requires any application and documentation required by proposed law to be submitted
no later than 180 days prior to the event to be considered.
Proposed law provides that an entity is eligible to receive up to 25% of the total cost incurred by the
entity for the event, not to exceed $250,000 per event.
Proposed law requires the Dept. of Culture, Recreation and Tourism to promulgate rules to
administer both programs and to use the emergency rulemaking process for the promulgation of the
initial administrative rules.
Effective upon signature of governor or lapse of time for gubernatorial action.
(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)