Bill
Bill > HB239
summary
Introduced
02/20/2026
02/20/2026
In Committee
02/20/2026
02/20/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
AN ACT To enact R.S. 33:4720.151(L)(8), relative to the East Baton Rouge Redevelopment Authority; to provide relative to property owned by the authority; to provide relative to the acquisition and disposition of such property; to provide relative to the value of the property; to provide relative to the use of the property; and to provide for related matters. Notice of intention to introduce this Act has
AI Summary
This bill enacts a new provision for the East Baton Rouge Redevelopment Authority, which is a governmental body responsible for improving and redeveloping areas within East Baton Rouge Parish. Specifically, it amends the law to state that if the Authority sells immovable property (which refers to real estate or land) to a nonprofit organization or another government entity (a political subdivision) for a public purpose or for use in a redevelopment area, and the property was originally purchased by the Authority using public funds, the final selling price cannot be more than 110% of what the Authority originally paid for it. This provision aims to ensure that public land re-sold for public benefit is done so at a reasonable price, preventing excessive profit on publicly funded acquisitions.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
First appeared in the Interim Calendar on 2/20/2026. (on 02/20/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.la.gov/legis/BillInfo.aspx?s=26rs&b=HB239&sbi=y |
| BillText | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1440613 |
| Analysis - Digest of HB239 Original | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1440617 |
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