SPECIAL DISTRICTS: Provides for the powers and functions of the Lafayette Economic Development Authority. (8/1/25)

Corrected a punctuation mark (comma to period) and a word ('which' to 'The') in the text governing how the authority purchases properties at judicial mortgage sales.

Added authority for LEDA to purchase adjudicated properties from any political subdivision, including all rights and powers granted to parish redevelopment authorities.

Added authority for LEDA to purchase property at judicial mortgage sales by tendering a credit bid, which is given priority over other bids except for holders of conventional mortgages.

Added authority for LEDA to initiate expedited quiet title and foreclosure actions to clear titles on immovable property it holds, including properties acquired at tax sales or from political subdivisions.

The sponsor list was updated to include Representative Chassion alongside Senator Boudreaux.

The document header was changed from 'REENGROSSED' to 'ENROLLED', indicating the bill has passed all legislative stages and is ready for the Governor's signature.

Page numbering and coding instructions were adjusted to reflect the final enrolled version.

Clarified the language regarding judicial mortgage bids to specify that the bid amount must meet the minimum advertised threshold.

Added a summary section noting that the Senate adopted technical changes to the original engrossed bill.

Updated document headers and page markers to reflect the bill's status as 'Reengrossed' instead of 'Engrossed'.