LEGISLATIVE AUDITOR: Requires the Louisiana Legislative Auditor to evaluate state tax incentives (EN +$43,000 GF EX See Note)

Restored the complete list of bill sponsors (Representatives Mandie Landry, Amadee, Bacala, Bayham, Boyd, Egan, Farnum, Fisher, Hilferty, Larvadain, Marcelle, McCormick, Owen, Wilder, and Wyble) which was removed in the enrolled version.

Added a statement indicating the bill was prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Louisiana Constitution.

Removed the specific deadline of December 31, 2026, for the initial report submission found in the enrolled version.

The definition of 'economic development program' was slightly refined to explicitly list 'loan guarantees' alongside grants, tax exemptions, and credits.

The requirement for the Legislative Auditor to evaluate programs was clarified to reference specific statutes (R.S. 47:1517.1 and R.S. 24:513) rather than just general authority.

The authority to recapture and recover tax incentive funds was explicitly codified in a new subsection (R.S. 24:513(Q)) in the original version, whereas the enrolled version referenced this power under the tax incentive section.

The report submission deadline was changed from 'on or before December 31, 2026' in the enrolled version to 'every odd-numbered year' in the original version.

Corrected the list of bill sponsors by replacing 'Bacala, Boyd' with 'Bacala, Bayham, Boyd' and removing 'Farnum' from the original list.

Adjusted the page count from 5 to 4 and updated the header from 'Re-Reengrossed' to 'Enrolled' to reflect the bill's final status.

Added a new requirement for the Legislative Auditor to submit the initial evaluation report on or before December 31, 2026.

Added five new co-sponsors to the bill, expanding the group of legislators supporting the measure.

Added a new definition for 'economic development program' to include grants, loan guarantees, and other fiscal benefits given to employers.

Modified the Legislative Auditor's duties to require evaluations of both tax incentives and economic development programs at least once every four years.

Updated cost-benefit analysis requirements to include assessments of economic development programs, not just tax incentives.

Added a requirement for the Legislative Auditor to publish and submit a quadrennial report covering evaluations of both tax incentives and economic development programs.

Added provisions allowing the Legislative Auditor to recommend that companies participating in economic development programs lose eligibility if they refuse to submit data.

Added a requirement for the legislative auditor to independently evaluate the effectiveness of each tax incentive authorized by the legislature.

Added a requirement for the administering agency to provide a written response to the auditor's evaluation and proposed remedy within ninety days.

Changed the consequence for non-compliant companies from automatic ineligibility to a recommendation by the auditor that the administering agency make the company ineligible.

Corrected the title header from 'Engrossed' to 'Reengrossed' and adjusted the legislative purpose statement to emphasize the auditor's duties.