Current through Register Vol. 50, No. 11, November 20, 2024
Section I-4505 - Contract ApprovalA. Contract. The secretary shall determine the terms and conditions of the contract, including but not limited to, scope of the project, performance obligations, determination of qualifying relocation costs, and the maximum amount of qualifying relocation costs eligible for the rebate.B. Approval 1. The secretary may request approval of the contract by the Joint Legislative Committee on the Budget upon determining the company meets the eligibility requirements of the program.2. The Joint Legislative Committee on the Budget may approve the contract for the business' participation in the program.La. Admin. Code tit. 13, § I-4505
Promulgated by the Department of Economic Development, Office of Business Development, LR 38:2738 (November 2012).AUTHORITY NOTE: Promulgated in accordance with Act 503 of the 2012 Regular Session of the Louisiana Legislature.