Louisiana Revised Statutes 34:3492 – Definitions
Terms Used In Louisiana Revised Statutes 34:3492
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
For the purposes of this Chapter, unless the context clearly otherwise requires, the following definitions shall apply and shall be equally applicable to both the singular and plural forms of any of the defined terms:
(1) “Authority development program” means a full and complete plan for the development, construction, and operation of deep draft vessel and intermodal terminal facilities not in existence on July 1, 2008, including but not limited to research and experimentation; promotion; financing; all phases of technical development and refinement; construction; operation and maintenance, including renovation, retirement, and reconstruction; regulation of any aspect of a plan; and any other action the authority deems necessary to the fulfillment of a plan.
(2) “Board” means the board of commissioners of the authority or any successor thereto.
(3) “Coastal waters of Louisiana” means those waters extending three nautical miles from the coastline, or beyond to the extent of the jurisdiction of the state of Louisiana.
(4) “Environmental protection plan” means a written document, prepared in conformity with this Chapter and applicable state, federal, and local laws and regulations.
(5) “Licensee” means any person licensed by the authority to construct, maintain, and operate a terminal facility constructed or acquired after July 1, 2008.
(6) “Offshore terminal authority” means the authority established pursuant to Chapter 35 of this Title, La. Rev. Stat. 34:3101 et seq., and the deepwater port or offshore terminal facility and related facilities and operations of such authority.
(7) “Person” means any individual, partnership, corporation, association, governmental subdivision, or public or private organization of any character, other than the authority.
(8) “Project costs” means all costs necessary for the planning, development, acquisition, construction, extension, or improvement of a revenue bond project, including the environmental plan, site acquisition and preparation and installation of property and equipment, utilities, architectural, engineering, supervising, accounting, inspection, legal and financing fees and costs, preparation of feasibility studies and reports, interest on revenue bonds and notes during construction or manufacture and for a reasonable period thereafter, establishment of reserves to secure the bonds and notes, and all other expenditures incidental and necessary or convenient therefor.
(9) “Public funds” means any funds obtained from legislative appropriation or any form of state or local taxation.
(10) “Revenue bond project” or “revenue bond projects” means any one or more of the facilities authorized to be financed by the issuance of revenue bonds pursuant to the provisions of La. Rev. Stat. 34:3503.
(11) “Revenue bonds” means any bonds or notes issued pursuant to La. Rev. Stat. 34:3503.
(12) “Revenues” include rates, fees, rentals, sales, payments, charges, grants, proceeds, and receipts from loan and financing agreements and other receipts and income derived by or for the account of the authority from or in connection with any revenue bond project or arising from such project.
(13) “Seven deepwater ports” mean the following:
(a) The Board of Commissioners of the Port of New Orleans.
(b) The Greater Baton Rouge Port Commission.
(c) The Lake Charles Port, Harbor and Terminal District.
(d) The Port of South Louisiana.
(e) Plaquemines Port, Harbor & Terminal District.
(f) St. Bernard Port, Harbor & Terminal District.
(g) The West Cameron Port Commission.
(14) “Transfer Terminal facilities” or “facilities” means a structure, a series of structures, or a facility constructed after July 1, 2008, developed pursuant to the authority development program on the lower end of the east bank of Southwest Pass in Plaquemines Parish on state-owned property and designed to accommodate deep draft vessels and their cargoes, including all intermodal structures, property, and equipment used for transportation, and facilities directly related thereto and necessary or useful to the operation thereof, whether landward, onshore, or seaward of the main structures or facilities themselves, including any facility which is part of a gulf transfer terminal, as defined herein.
Acts 2008, No. 699, §1, eff. July 1, 2008; Acts 2020, 2nd Ex. Sess., No. 55, §1, eff. Nov. 5, 2020.