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LA HB480
Bill
Status
4/4/2025
Primary Sponsor
Danny McCormick
Click for details
AI Summary
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Requires local governing authorities in Caddo and Bossier Parishes to fully evaluate and document property taxes abated by each taxing entity before approving any Payment in Lieu of Taxes (PILOT) program
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In Caddo Parish, the Port Commission may only use PILOT programs upon approval of the Caddo Parish Sheriff, Caddo Parish Commission, and Caddo Parish School Board
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In Bossier Parish, the Port Commission may only use PILOT programs upon approval of the Bossier Parish Sheriff, Bossier Parish Police Jury, and Bossier Parish School Board
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The Office of Economic Development has 45 days from receiving proposals to review and submit approval or denial of each PILOT program to the local governing authority
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Amends R.S. 34:3160(A) governing the rights and powers of the Caddo-Bossier Parishes Port Commission
Legislative Description
Provides relative to the authority of the Caddo-Bossier Parishes Port Commission to use the payment in lieu of taxes program (OR NO IMPACT LF EX See Note)
PORTS/HARBORS/TERMINALS
Last Action
Read by title, under the rules, referred to the Committee on Transportation, Highways and Public Works.
4/14/2025