LAC 13:I.1713. Approval of the Joint Legislative Committee of the Budget and the Governor

A. The Board of Commerce and Industry, after acting on the application, shall forward its recommendations together with all supporting documents and the recommendations of the Department of Economic Development to the governor and the Joint Legislative Committee of the Budget the assessor of the parish in which the plant is located, each member of the legislature, and the governing authority of each political subdivision as required by the statute. The governor and the Joint Legislative Committee on the Budget may determine that all, part or none of the recommendation of the board is to be followed and upon making that determination, shall advise each other and the board that the recommendation is rejected, or that the board may, subject to any restrictions imposed by the governor or the Joint Legislative Committee of the Budget, enter into a contract with such establishment exempting it from taxation.