LA HB311

Requires the St. Landry Parish Economic and Industrial Development District to submit any proposed tax exemption, reduction, or payment in lieu of taxes (PILOT) agreement to the parish or affected municipality for review before entering the agreement

Gives governing authorities 45 days after submission to conduct a public hearing and approve or deny the proposed agreement by resolution

Automatically deems proposed agreements denied if the governing authority fails to adopt an approving resolution within the 45-day window

Classifies payments in lieu of taxes, fees, and charges under approved agreements as statutory impositions under Title 47 of the Louisiana Revised Statutes

Authorizes governing authorities to amend or cancel approved agreements if parties fail to comply with agreement provisions