Accountability requirements; Mega-Project Development Fund

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RS 2366 - Accountability requirements; Mega-Project Development Fund

A. The secretary of the Department of 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 formula for measuring the return on investment for each mega-project.

B. The Department of Economic Development shall compile and make available a list of the cooperative endeavor agreements, the name of the entity receiving funds, and the amount of the incentive received for all Louisiana Mega-Project Development Fund projects in both written and electronic form.

Acts 2010, No. 420, §1, eff. Jan. 1, 2011.


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