SLS 24RS-825 ORIGINAL 2024 Regular Session SENATE BILL NO. 472 BY SENATOR BARROW LOCAL AGENCIES. Provides relative to certain airport commissions. (8/1/24) 1 AN ACT 2 To enact R.S. 2:614, relative to airport commissions in certain parishes, to provide relative 3 to powers and functions of the commissions; to provide relative to economic growth 4 and development; to provide relative to terms, conditions, and procedures; and to 5 provide for related matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 2:614 is hereby enacted to read as follows: 8 ยง614. Airport Commissions in Certain Parishes; additional economic 9 development functions 10 A. Notwithstanding any provision of law to the contrary, in any parish 11 with a population of not less than four hundred thousand persons and no more 12 than five hundred thousand persons based on the latest federal decennial 13 census, in addition to any other powers and functions, the airport commission 14 may perform the functions of an economic and industrial development entity. 15 Such functions may include but shall not be limited to the following: 16 (1) Public relations, advertising, marketing, and providing and 17 disseminating information. Page 1 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 472 SLS 24RS-825 ORIGINAL 1 (2) Government relations, ombudsman, and government liaison. 2 (3) Financial and financing assistance. 3 (4) Tax abatement. 4 (5) Planning and coordination for economic development and resource 5 utilization, including such functions as industrial and economic research and 6 industrial programming and solicitation. 7 (6) Industrial training, technical assistance, and technology transfer. 8 (7) The use of public and other legal powers to facilitate development. 9 (8) Promoting transfer mechanisms to take ideas from their point of 10 origin and development to commercially successful utilization by local 11 enterprises. 12 (9) Fostering entrepreneurial activity for the airport located in the 13 parish. 14 (10) Promoting the development of new products, processes, or services 15 or new uses for existing products, processes, or services manufactured or 16 marketed for the airport located in the parish. 17 (11) Supporting market research aimed at identifying new markets for 18 local or regional products and processes, including international markets; 19 determining the characteristics, needs and preferences of those markets; and 20 developing new marketing techniques to exploit those markets. 21 (12) Fostering and supporting economic and industrial development and 22 education in cooperation with private business enterprises, financial 23 institutions, educational institutions, nonprofit institutions and organizations, 24 state government and political subdivisions of the state, the federal government, 25 and other organizations or persons concerned with research, development, 26 education, commercial application, and economic or industrial development in 27 ways which increase the economic base of the airport located in the parish. 28 B. For the purposes enumerated in Subsection A of this Section, the 29 commission may engage in whatever activities and projects it deems most Page 2 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 472 SLS 24RS-825 ORIGINAL 1 appropriate to encourage and assist economic growth and development in 2 accordance with and pursuant to the provisions of this Chapter, including but 3 not limited to the following: 4 (1) To plan, acquire, construct, improve, maintain, equip, operate, 5 regulate, and protect economic development facilities, including the acquisition, 6 maintenance and operation of buildings and other facilities, and the purchase 7 of and sale of supplies, goods, and commodities as an incident to the operation 8 of its properties. For such purposes an authority may, by purchase, gift, devise, 9 or lease, acquire property, movable or immovable, or any interest therein, 10 including easements in land outside the boundaries of such facility site. 11 (2) To establish or acquire and maintain economic development facilities 12 in, over, and upon any public waters of this state, any submerged lands under 13 such public water; and to construct and maintain buildings, landing floats, 14 causeways, roadways, and bridges for approaches to or connecting with any 15 such facilities, and landing floats and breakwaters for the protection thereof. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by James Benton. DIGEST SB 472 Original 2024 Regular Session Barrow Present law provides for the general powers of airport authorities and authorizes airport authorities to make contracts for a fixed term of no longer than 10 years and to dedicate excess future revenues above statutory, necessary, and usual charges subject to approval of the State Bond Commission. Proposed law authorizes airport commissions in any parish with a population of not less than 400,000 persons and no more than 500,000 persons based on the latest federal decennial census, to perform the functions of an economic and industrial development entity which functions may include but shall not be limited to the following: (1)Public relations, advertising, marketing, and providing and disseminating information. (2)Government relations, ombudsman, and government liaison. (3)Financial and financing assistance. (4)Tax abatement. (5)Planning and coordination for economic development and resource utilization, including such functions as industrial and economic research and industrial Page 3 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 472 SLS 24RS-825 ORIGINAL programming and solicitation. (6)Industrial training, technical assistance, and technology transfer. (7)The use of public and other legal powers to facilitate development. (8)Promoting transfer mechanisms to take ideas from their point of origin and development to commercially successful utilization by local enterprises. (9)Fostering entrepreneurial activity for the airport located in the parish. (10)Promoting the development of new products, processes, or services or new uses for existing products, processes, or services manufactured or marketed for the airport located in the parish. (11)Supporting market research aimed at identifying new markets for local or regional products and processes, including international markets; determining the characteristics, needs and preferences of those markets; and developing new marketing techniques to exploit those markets. (12)Fostering and supporting economic and industrial development and education in cooperation with private business enterprises, financial institutions, educational institutions, nonprofit institutions and organizations, state government and political subdivisions of the state, the federal government, and other organizations or persons concerned with research, development, education, commercial application, and economic or industrial development in ways which increase the economic base of the airport located in the parish. Proposed law provides that for such enumerated purposes, the airport located in the parish may engage in whatever activities and projects it deems most appropriate to encourage and assist economic growth and development, including but not limited to the following: (1)To plan, acquire, construct, improve, maintain, equip, operate, regulate, and protect economic development facilities, including the acquisition, maintenance and operation of buildings and other facilities, and the purchase of and sale of supplies, goods, and commodities as an incident to the operation of its properties. For such purposes an authority may, by purchase, gift, or lease, acquire property, real or personal, or any interest therein, including easements in land outside the boundaries of such facility site. (2)To establish or acquire and maintain economic development facilities in, over, and upon any public waters of this state, any submerged lands under such public water; and to construct and maintain buildings, landing floats, causeways, roadways, and bridges for approaches to or connecting with any such facilities, and landing floats and breakwaters for the protection thereof. Effective August 1, 2024. (Adds R.S. 2:614) Page 4 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.