Title 51, Trade and Commerce
0 chapters · 1,237 sections in this title.
La. Rev. Stat. § 51:2317 Application fees and origination fees
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§2317. Application fees and origination fees The corporation, through the secretary, may charge application fees and other fees as necessary to cover costs associated with administering its programs in a manner consistent with the financial and economic benefits and risks of the …
La. Rev. Stat. § 51:2318 Laws applicable to the corporation
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§2318. Laws applicable to the corporation The corporation shall be subject to the Public Records Law, except when proprietary information is involved, the Open Meetings Law, the Bond Validation Procedures Law, the Administrative Procedure Act, and the Code of Governmental Ethics.…
La. Rev. Stat. § 51:2319 Repealed by Acts 2010, No
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§2319. Repealed by Acts 2010, No. 1034, §3.
La. Rev. Stat. § 51:2320 Appropriations; warrants; records
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§2320. Appropriations; warrants; records Funds made available to the corporation by the legislature shall be used solely for the programs and purposes otherwise provided for in this Chapter. The corporation shall keep books showing from whom any money is received and for what pur…
La. Rev. Stat. § 51:2320.1 Conflict of interest prohibited; recusal; exceptions
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§2320.1. Conflict of interest prohibited; recusal; exceptions A. No member of the corporation, employee thereof, or employee of Louisiana Economic Development who is provided as staff to the corporation shall either directly or indirectly be a party to or be in any manner interes…
La. Rev. Stat. § 51:2320.2 Exemption from taxation
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§2320.2. Exemption from taxation The effectuation of the authorized purposes of the corporation shall and will be in all respects for the benefit of the people of the state of Louisiana, for the alleviation of their economic and social distress, and for the improvement of their w…
La. Rev. Stat. § 51:2320.3 Penalty for false statements
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§2320.3. Penalty for false statements Whoever knowingly files a false statement concerning an application for any program administered by the corporation shall be guilty of the offense of filing false public records and shall be subject to the penalty provided for in R.S. 14:133.…
La. Rev. Stat. § 51:2321 Louisiana Small Business Incubator Program; creation; purpose
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§2321. Louisiana Small Business Incubator Program; creation; purpose A. The Louisiana Small Business Incubator Program is hereby established in and shall be administered by the Louisiana Economic Development Corporation. B. The program shall have the express purpose of providing …
La. Rev. Stat. § 51:2322 Definitions
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§2322. Definitions As used in this Part, the following terms shall have the meanings specified in this Section: (1) "Applicant" means a private nonprofit or public entity located in this state. (2) "Corporation" means the Louisiana Economic Development Corporation. (3) "Program" …
La. Rev. Stat. § 51:2323 Repealed by Acts 2001, No
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§2323. Repealed by Acts 2001, No. 9, §10, eff. July 1, 2001; Acts 2001, No. 1185, §8, eff. July 1, 2001.
La. Rev. Stat. § 51:2324 Loan guarantees; direct loans; grants
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§2324. Loan guarantees; direct loans; grants A.(1) The corporation is authorized and empowered to loan or to guarantee to any eligible applicant, as determined by rules and regulations of the corporation, a sum not to exceed one hundred thousand dollars for the purpose of establi…
La. Rev. Stat. § 51:2325 Qualifications for applicants
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§2325. Qualifications for applicants Each applicant for funding shall, in addition to meeting eligibility requirements established by rule, provide the corporation with documentation of each of the following: (1) Its ability to secure title to a facility or lease a facility with …
La. Rev. Stat. § 51:2326 Creation; purpose
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§2326. Creation; purpose A. The Monroe and Northeast Louisiana Technology and Business Incubation Center is hereby established and shall be administered by the Louisiana Economic Development Corporation. B. The program shall have the express purpose of providing financial resourc…
La. Rev. Stat. § 51:2327 Definitions
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§2327. Definitions As used in this Part, the following terms shall have the meanings specified in this Section: (1) "Applicant" means a private nonprofit or public entity located in this state. (2) "Corporation" means the Louisiana Economic Development Corporation. (3) "Program" …
La. Rev. Stat. § 51:2328 Loan guarantees; direct loans; grants
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§2328. Loan guarantees; direct loans; grants A.(1) The corporation is authorized and empowered to loan or to guarantee to any eligible applicant, as determined by rules and regulations of the corporation, a sum not to exceed one hundred thousand dollars for the purpose of establi…
La. Rev. Stat. § 51:2329 Qualifications for applicants
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§2329. Qualifications for applicants Each applicant for funding shall, in addition to meeting eligibility requirements established by rule, provide the corporation with documentation of each of the following: (1) Its ability to secure title to a facility or lease a facility, to b…
La. Rev. Stat. § 51:2330 Qualifications for tenants
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§2330. Qualifications for tenants A. The tenants of a small business incubator created by this Part shall be limited to technology based start-up companies. B. The corporation shall define by rule a qualified technology based start-up company and establish eligibility qualificati…
La. Rev. Stat. § 51:2331 Short title
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§2331. Short title This Part shall be known and may be cited as the "Workforce Development and Training Law". Acts 1995, No. 483, §1.
La. Rev. Stat. § 51:2332 Definitions
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§2332. Definitions As used in this Chapter, the following terms shall have the following definitions: (1) Repealed by Acts 1997, No. 313, §2, June 17, 1997. (2) "Corporation" means the Louisiana Economic Development Corporation. (3) "Fund" means the Louisiana Economic Development…
La. Rev. Stat. § 51:2333 Workforce development and training program; purpose
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§2333. Workforce development and training program; purpose The Workforce Development and Training Program is hereby established in and administered by the Louisiana Economic Development Corporation. The purpose of the program is to develop and provide customized workforce trainin…
La. Rev. Stat. § 51:2334 Repealed by Acts 2001, No
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§2334. Repealed by Acts 2001, No. 9, §10, eff. July 1, 2001.
La. Rev. Stat. § 51:2335 Customized workforce training
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§2335. Customized workforce training A. The Workforce Development and Training Program shall develop and coordinate programs for customized workforce training. B. Customized training may be provided to the present employees of a business which the corporation deems to be in need …
La. Rev. Stat. § 51:2336 Eligibility
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§2336. Eligibility An applicant shall be eligible for customized workforce training if it is one of the following: (1) An individual employer that seeks the customized training services to create, upgrade, or retain jobs in a labor demand occupation. (2) An individual employer th…
La. Rev. Stat. § 51:2337 Application for funding; procedures
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§2337. Application for funding; procedures A. To qualify for funding for customized training services, an application shall be made to the corporation and shall be accompanied by an application describing the need for the services as well as a detailed explanation of the proposal…
La. Rev. Stat. § 51:2341 Economic Development Award Program
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§2341. Economic Development Award Program A. There is hereby created an Economic Development Award Program, hereinafter referred to as "EDAP", and placed within the Louisiana Economic Development Corporation. EDAP shall serve as a mechanism through which Louisiana Economic Develo…
La. Rev. Stat. § 51:2342 Repealed by Acts 2001, No
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§2342. Repealed by Acts 2001, No. 9, §10, eff. July 1, 2001.
La. Rev. Stat. § 51:2343 Repealed by Acts 1992, No
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§2343. Repealed by Acts 1992, No. 1136, §2, eff. Jan. 1, 1994.
La. Rev. Stat. § 51:2344 Repealed by Acts 1992, No
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§2344. Repealed by Acts 1992, No. 1136, §2, eff. Jan. 1, 1994.
La. Rev. Stat. § 51:2345 Repealed by Acts 1992, No
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§2345. Repealed by Acts 1992, No. 1092, §2, and Acts 1992, No. 1136, §2, eff. Jan. 1, 1994.
La. Rev. Stat. § 51:2346 Repealed by Acts 1989, No
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§2346. Repealed by Acts 1989, No. 33, §2.
La. Rev. Stat. § 51:2347 Repealed by Acts 1992, No
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§2347. Repealed by Acts 1992, No. 797, §3, eff. July 1, 1992, and Acts 1992, No. 1136, §2, eff. Jan. 1, 1994.
La. Rev. Stat. § 51:2351 Repealed by Acts 2024, 3rd Ex
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§2351. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025.
La. Rev. Stat. § 51:2352 Repealed by Acts 2024, 3rd Ex
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§2352. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025.
La. Rev. Stat. § 51:2353 Repealed by Acts 2024, 3rd Ex
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§2353. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025.
La. Rev. Stat. § 51:2354 Repealed by Acts 2024, 3rd Ex
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§2354. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025.
La. Rev. Stat. § 51:2355 Repealed by Acts 2024, 3rd Ex
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§2355. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025.
La. Rev. Stat. § 51:2356 Repealed by Acts 2024, 3rd Ex
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§2356. Repealed by Acts 2024, 3rd Ex. Sess., No. 5, §3, eff. Jan. 1, 2025.
La. Rev. Stat. § 51:2357 Repealed by Acts 1992, No
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§2357. Repealed by Acts 1992, No. 1092, §2, and Acts 1992, No. 1136, §2, eff. Jan. 1, 1994.
La. Rev. Stat. § 51:2358 Repealed by Acts 1992, No
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§2358. Repealed by Acts 1992, No. 1092, §2, and Acts 1992, No. 1136, §2, eff. Jan. 1, 1994.
La. Rev. Stat. § 51:2359 Repealed by Acts 1992, No
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§2359. Repealed by Acts 1992, No. 1092, §2, and Acts 1992, No. 1136, §2, eff. Jan. 1, 1994.
La. Rev. Stat. § 51:2360 Repealed by Acts 1992, No
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§2360. Repealed by Acts 1992, No. 1092, §2, and Acts 1992, No. 1136, §2, eff. Jan. 1. 1994.
La. Rev. Stat. § 51:2361 Rapid Response Fund
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§2361. Rapid Response Fund A.(1) The Rapid Response Fund, hereinafter referred to as the "fund", is hereby created as a special fund within the state treasury. (2) Beginning July 1, 2005, the state treasurer is directed to deposit into the fund at the beginning of each fiscal yea…
La. Rev. Stat. § 51:2362 Accountability requirements; legal agreements; Rapid Response Fund projects
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§2362. Accountability requirements; legal agreements; Rapid Response Fund projects A. All legal agreements for Rapid Response Fund projects shall include all of the following: (1) A minimum number of direct, full-time created or retained jobs. (2) A specified time frame by which …
La. Rev. Stat. § 51:2363 Accountability requirements; reports; Rapid Response Fund
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§2363. Accountability requirements; reports; Rapid Response Fund A. The secretary of Louisiana Economic Development shall develop a uniform accountability report for economic development created by the Rapid Response Fund. The secretary shall also develop a formula for measuring …
La. Rev. Stat. § 51:2364 Louisiana Economic Development Innovation Fund
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§2364. Louisiana Economic Development Innovation Fund A.(1) There shall hereby be established within the state treasury a special fund, the Louisiana Economic Development Innovation Fund, hereinafter referred to as the "fund". After compliance with the requirements of Article VII…
La. Rev. Stat. § 51:2365 Louisiana Mega-Project Development Fund
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§2365. Louisiana Mega-Project Development Fund A. The Louisiana Mega-Project Development Fund, hereinafter referred to as the "fund", is hereby created as a special fund within the state treasury. B. The state treasurer is hereby authorized and directed to transfer one hundred fi…
La. Rev. Stat. § 51:2365.1 Repealed by Acts 2022, No
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§2365.1. Repealed by Acts 2022, No. 751, §2, eff. June 27, 2022.
La. Rev. Stat. § 51:2366 Accountability requirements; Mega-Project Development Fund
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§2366. Accountability requirements; Mega-Project Development Fund A. The secretary of Louisiana Economic Development shall develop a uniform accountability report for economic development created by the Louisiana Mega-Project Development Fund. The secretary shall also develop a f…
La. Rev. Stat. § 51:2367 Louisiana Mega-Project Energy Assistance Rebate
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§2367. Louisiana Mega-Project Energy Assistance Rebate A. In addition to the funding for an economic development mega-project provided for in R.S. 51:2365 or as a separate incentive, the secretary of Louisiana Economic Development with the concurrence of the governor may enter in…
La. Rev. Stat. § 51:2370.1 Establishment
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§2370.1. Establishment There is hereby created a grant program to be known as the "Granting Unserved Municipalities Broadband Opportunities" program, hereinafter referred to as the "GUMBO" program. Acts 2021, No. 477, §1, eff. July 1, 2021; Acts 2023, No. 383, §3A.