House Bill No. [insert number] enacts R.S. 44:22.2, which establishes confidentiality provisions for records related to economic development negotiations conducted by local governments in Louisiana. Under this new law, records pertaining to active negotiations for projects aimed at retaining, expanding, or attracting businesses will be confidential if the involved party requests such confidentiality in writing and the local government's chief executive officer determines that disclosure would harm the negotiations. The chief executive officer must provide a public notice detailing the negotiation's confidentiality within five days of the determination, and any expenses related to the negotiation will remain public, although identifying information may be redacted.

The bill also stipulates that confidential information cannot remain so for more than twelve months, with the possibility of a one-time extension if the negotiation remains active and a new confidentiality determination is made. The provisions will not apply to applications for licenses or permits or records concerning hazardous waste negotiations. Additionally, the confidentiality provisions will terminate on January 1, 2028. This legislation aims to facilitate economic development while balancing transparency and confidentiality in local government negotiations.