GREEN SHEET REDIGEST HB 773 2022 Regular Session Glover PROPERTY/PUBLIC: Authorizes the transfer of certain state property in Caddo Parish. DIGEST Authorizes the transfer of certain state property in Caddo Parish to the Shreveport Implementation and Redevelopment Authority and certain state property in Caddo Parish to the Caddo Parish School Board. Provides for the reservation of mineral rights to the state. Provides for access to the properties for due diligence and planning. Authorizes the office of state lands to proceed with sale of a described property if an agreement is not entered into between the parties by December 31, 2023. Effective upon signature of governor or lapse of time for gubernatorial action. Summary of Amendments Adopted by House The Committee Amendments Proposed by House Committee on Natural Resources and Environment to the original bill: 1. Add an additional property description for a parking lot adjacent to the property described in the original bill. 2. Add authority for the commissioner of administration to exchange any interest in the described property in addition to the other methods by which the property interests may be transferred. 3. Require the commissioner of administration to make a good faith effort to effectuate a property transfer as contemplated by the Act. 4. Require the commissioner of administration to allow reasonable access to the property by the Shreveport Implementation and Redevelopment Authority or prospective developers for the purposes of performing due diligence and planning prior to the transfer of any interest to the property and no later than the date by which the state has finalized plans to relocate the current occupants of the described property. 5. Provide that access to the property by the Shreveport Implementation and Redevelopment Authority or prospective developers for these purposes may not interfere with the current occupants' use of the property. 6. Authorizes the commissioner of administration to enter into any preliminary agreements that may be necessary to allow the access required for due diligence and planning purposes. 7. Make technical changes. Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Natural Resources to the engrossed bill 1. Add authority for the LSU Board of Supervisors to convey interest in the LSUS property to the Caddo Parish School Board and to enter into any agreement necessary to effectuate transfer. Page 1 of 2 Prepared by Jacob Wilson. 2. Add authority for the office of state lands to proceed with the sale of the described property in accordance with state law if no agreement is entered by December 31, 2023. 3. Make technical changes. Page 2 of 2 Prepared by Jacob Wilson.