Senate Bill No. 466 amends the existing expropriation laws in Louisiana to impose restrictions on foreign entities seeking to expropriate property. The bill requires that prior to filing an expropriation suit, the expropriating authority must attempt to reach an agreement with the property owner regarding compensation. It retains the current provisions allowing various domestic and foreign entities to expropriate property for specific purposes, such as construction and utility services, while also introducing new regulations concerning foreign powers.

Notably, the bill prohibits any foreign power, alien, or corporation that is majority-owned by a foreign entity classified as a foreign adversary by federal regulations from expropriating property within fifty miles of a military base. This provision aims to enhance national security by limiting foreign influence near sensitive military installations. The changes will take effect on August 1, 2026.

Statutes affected:
SB466 Original: