Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647
Section 33:9022 - [See Note] DefinitionsThe following terms, whenever used or referred to in this Chapter, shall have the following meaning unless a different meaning is otherwise clearly indicated in the context:
(1) "Cooperative endeavors" means any form of economic development assistance between and among the state, its local governmental subdivisions, political corporations, public benefit corporations, the United States or its agencies, or any public or private association, corporation, or individual. The term "cooperative endeavors" shall include but not be limited to cooperative financing, cooperative development, agreements providing for payments in lieu of taxes, or any other form of cooperative economic development activity. (2) "Cooperative financing" means any method of financing an economic development project between and among the state, its local governmental subdivisions, political corporations, public benefit corporations, the United States or its agencies, or any public or private association, corporation, or individual. Said methods shall include loans, loan guarantees, land write-downs, grants, lease guarantees or any form of financial subsidy or incentive.(3) "Cooperative development" means any method of cooperative development or redevelopment between and among the state, its local governmental subdivisions, political corporations, public benefit corporations, the United States or its agencies, or any public or private association, corporation or individual. Said methods shall include any number of joint development agreements such as condominiums and cooperative ownership limited partnerships and investment syndicates.(4) "Local clearinghouse" means the state's regional planning districts.(5) "Local governmental subdivision" means any parish, municipality, port commission, port harbor and terminal district, or any economic development district or authority created as a political subdivision of the state as defined in the Constitution of Louisiana.(6) "State clearinghouse" means the Department of Economic Development.Amended by Acts 2020, No. 240,s. 1, eff. if and when the proposed amendment of Article VII, Section 21 of the Constitution of Louisiana contained in the Act which originated as Senate Bill No. 272 of this 2020 Regular Session of the Legislature is adopted at a statewide election and becomes effective..Amended by Acts 2014, No. 267,s. 1, eff. 8/1/2014.Added by Acts 1978, No. 617, §1. Acts 1990, No. 1082, §1; Acts 1992, No. 211, §1, eff. 6/10/1992; Acts 2002, No. 78, §2, eff. 6/25/2002.This section is set out twice. See also La. R.S. § 33:90221, effective until the proposed amendment of Article VII, Section 21 of the Constitution of Louisiana contained in the Act which originated as Senate Bill No. 272 of this 2020 Regular Session of the Legislature is adopted at a statewide election and becomes effective..