RÉSUMÉ DIGEST
ACT 475 (HB 773) 2022 Regular Session Glover
Authorizes the commissioner of administration to transfer certain state property in Caddo
Parish to the Shreveport Implementation and Redevelopment Authority. Provides for the
reservation of mineral rights to the state. Further provides for access to the property by the
Shreveport Implementation and Redevelopment Authority or prospective developers for due
diligence and planning purposes. Authorizes the office of state lands to proceed with a sale
of the property under the ordinary procedures established for the sale of surplus state property
if an agreement authorized by the Act is not entered into between the parties by Dec. 31,
2023.
Authorizes the Board of Supervisors of La. State University to transfer certain state property
in Caddo Parish to the Caddo Parish School Board. Provides for the reservation of mineral
rights to the state. Authorizes the office of state lands to proceed with a sale of the property
under the ordinary procedures established for the sale of surplus state property if an
agreement authorized by the Act is not entered into between the parties by Dec. 31, 2023.
Effective upon signature of governor (June 15, 2022).