- A. A municipality or parish requesting the relocation of an enterprise zone must provide valid reason for requesting the move and must have the approval of the board.
- B. The residents of originally designated enterprise zone may qualify as part of the 35 percent residency requirement.
- C. The effective date of a relocation approved by the board shall be the date of passage affixed to the resolution by the local governing authority requesting the relocation.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 51:1786(5).
Historical Note
HISTORICAL NOTE: Promulgated by the Department of Economic Development, Office of Business Development, LR 29:2304 (November 2003), amended LR 37:2376 (August 2011), LR 40:498 (March 2014).