PORTS/HARBORS/TERMINALS: Provides relative to the authority of the Caddo-Bossier Parishes Port Commission to use the payment in lieu of taxes program (OR NO IMPACT LF EX See Note)

HB 480 is a technical correction bill that updates the Caddo-Bossier Parishes Port Commission's description in existing law. It removes all references to "Bossier Parish" from the bill text, ensuring the Commission's authority is correctly described as applying only to Caddo Parish. The bill does not change any tax policies or create new obligations - the "payment in lieu of taxes" program remains unchanged. This is a routine wording fix with no substantive policy impact on the Port Commission or affected taxpayers.