La. Admin. Code tit. 7 § V-2303

Current through Register Vol. 50, No. 11, November 20, 2024

Section V-2303 - Criteria for Acquiring Machinery, Equipment, and Facilities

A. The commission shall determine whether the acquisition of any machinery, equipment, or facility is necessary to aid in the proper and efficient assembling, processing, storing, grading, distributing, or marketing of farm products.

B. The commission shall also consider the following criteria in determining whether to acquire any machinery, equipment, or facility:

1. the economic needs of the areas of the state in which the machinery, equipment, or facility will be located;

2. the number of jobs created or preserved in the state;

3. the amount of farm products produced in the state that will be utilized;

4. the degree of diversification that the machinery, equipment, or facility will bring to the state's agricultural economy;

5. the economic stimulus that the use of the machinery, equipment, or facility will provide to the local economy or to the state's agricultural economy as a whole.

La. Admin. Code tit. 7, § V-2303

Promulgated by the Department of Agriculture and Forestry, State Market Commission, LR 33:422 (March 2007).

AUTHORITY NOTE: Promulgated in accordance with R.S. 3:405.