RS 40:599.1
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RS 40:599.1
PART VIII. STATE LAND BANKING AUTHORITY ACT
§599.1. Declaration of purpose
The legislature hereby finds and declares the following:
(1)There exists in many cities of the state economically and physically depressed areas which, among other things, suffer from high unemployment, substandard and deteriorated structures, vacant and partially used lots, high crime rates, and other blighting influences and undesirable conditions.
(2)Since the economic and physical ills and problems of depressed areas typically necessitate the infusion of tax-supported services, improvements, and assistance to relieve and remedy, it is a matter of public policy and concern that corrective measures be taken.
Acts 2025, No. 443, §1.