Louisiana Administrative Code
Title 7 - AGRICULTURE AND ANIMALS
Part V - Advertising, Marketing and Processing
Chapter 23 - Market Commission- Acquisition of Facilities
Section V-2303 - Criteria for Acquiring Machinery, Equipment, and Facilities
Universal Citation: LA Admin Code V-2303
Current through Register Vol. 50, No. 9, September 20, 2024
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.
AUTHORITY NOTE: Promulgated in accordance with R.S. 3:405.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
