SB518

Allows Louisiana State University and Agricultural & Mechanical College to buy and sell certain real estate. (8/1/26)

Complete·6/2/26

Louisiana State University and Agricultural & Mechanical College can buy and sell certain real estate in East Baton Rouge Parish.

Louisiana State University and Agricultural & Mechanical College can buy and sell certain real estate in East Baton Rouge Parish, provided the property is within 1.5 miles of another LSU-BR property, the purchase price does not exceed fair market value, and the sale price is at least fair market value. The board must notify the state land office of any sale, transfer, or exchange within five business days. Effective August 1, 2026.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

0
1
R
Democratic CaucusRepublican Caucus

Roll Call Votes

96 Yea

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0 Nay

9 Absent

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Calendar

Apr 22

12:30 PM

Senate Committee on Education

Apr 8

2:00 PM

Senate Committee on Education

History

Jun 2

Senate

Signed by the Governor. Becomes Act No. 776.

Jun 2

Senate

Effective date 8/1/2026.

May 28

Senate

Sent to the Governor by the Secretary of the Senate.