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)]
HB 75 Original 2025 Regular Session McCormick
Abstract: Provides relative to compensation to owners in interest in a unitization.
Present law (R.S. 30:1104.2(C)) requires a unitization order to provide for just and equitable
compensation for all owners in interest and the storage operator. Present law also requires the order
to provide for the method, formula, or other basis to determine the just and equitable share of the
benefits.
Proposed law retains present law and requires that an owner in interest be paid the maximum
compensation paid per acre to any other owner in interest in the unitization.
Present law (R.S. 30:1104.2(D)) authorizes the operator of a proposed storage unit or any owner in
interest who has not entered into a contract with the proposed storage unit operator to have the court
review whether the purpose for the storage unit is public and necessary, whether the compensation
is just, and, if not, the amount of just compensation due. The court's review in those instances is
limited to the compensation affecting the specific owner in interest seeking review. A jury trial on
the matter may be requested, and the proceeding shall be conducted by preference.
Proposed law retains present law and permits the court to request information necessary to determine
compensation for an owner in interest.
(Amends R.S. 30:1104.2(C) and (D))