SLS 24RS-973 ENGROSSED 2024 Regular Session SENATE BILL NO. 418 BY SENATOR LAMBERT PUBLIC LANDS. Authorizes the transfer of certain state property in Ascension Parish. (gov sig) 1 AN ACT 2 To authorize and provide for the transfer of certain state property; to authorize the transfer 3 of certain state property in Ascension Parish; to provide for the property description; 4 to provide for reservation of mineral rights; to provide terms and conditions; and to 5 provide for related matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. The commissioner of administration and the secretary of the Department 8 of Public Safety and Corrections, notwithstanding any other provision of law to the contrary, 9 are hereby authorized and empowered to convey, transfer, assign, lease, or deliver any 10 interest, excluding mineral rights, the state may have to all or any portion of the following 11 described parcel of property to Priceco, L.C.: 12 A tract of land containing approximately 3.42 acres, more or less, located in 13 Section 63, Township 9 South, Range 2 East, Ascension Parish 14 Section 2. The commissioner of administration and the secretary of the Department 15 of Public Safety and Corrections are hereby authorized to enter into such agreements, 16 covenants, conditions, and stipulations and to execute such documents as necessary to 17 properly effectuate any conveyance, transfer, assignment, lease, or delivery of title, Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 418 SLS 24RS-973 ENGROSSED 1 excluding mineral rights, to the property described in Section 1 of this Act, and as more 2 specifically described in any such agreements entered into and documents executed by and 3 between the commissioner of administration and the secretary of the Department of Public 4 Safety and Corrections and Priceco, L.C., in exchange of consideration proportionate to the 5 appraised value of the property. 6 Section 3. This Act shall become effective upon signature by the governor or, if not 7 signed by the governor, upon expiration of the time for bills to become law without signature 8 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If 9 vetoed by the governor and subsequently approved by the legislature, this Act shall become 10 effective on the day following such approval. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Jacob K. Wilson. DIGEST SB 418 Engrossed 2024 Regular Session Lambert Authorizes the Dept. of Public Safety and Corrections to transfer certain state property in Ascension Parish to Priceco, L.C. Provides for the reservation of mineral rights to the state. Effective upon signature of the governor or lapse of time for gubernatorial action. Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.