SB 466 — EXPROPRIATION: Provides relative to expropriation by foreign entities. (8/1/26)

SLS 26RS-1496 ENGROSSED Regular Session ENROLLED SENATE BILL NO.

466 BY SENATOR SEABAUGH EXPROPRIATION.AN ACT To amend and reenact R.S.

Provides relative to expropriation by foreign entities.

(8/1/26) AN ACT To amend and reenactR.S.

Page(2) 1Anydomestic or foreign corporation, limited liability company, or other legal entity created for, or engaged in, the construction of 6railroads, Coding:toll roads, or navigation canals.

(3) Anydomestic or foreign corporation, limited liability company, or other Page 1 of 5 Coding:

SLS 26RS-1496 ENGROSSED SB NO.

466 (2)ENROLLED Anydomestic or foreign corporation, limited liability company, or other legal entity created for, or engaged in, the construction or operation of railroads,street tollrailways, roads,urban railways, or navigationinter-urban canals.railways.

(3)(4) Anydomestic or foreign corporation, limited liability company, or other legal entity created for, or engaged in, the construction or operation of streetwaterworks, railways,filtration urbanand railways,treating plants, or inter-urbansewerage railways.plants to supply the public with water and sewerage.

(4) Anydomestic or foreign corporation, limited liability company, or other legal entity created for, or engaged in, the construction or operation of waterworks, filtration and treating plants, or sewerage plants to supplythe public with water and sewerage.

(7) Anydomestic or foreign corporation, limited liability company, or other legal entity created for the purpose of, or engaged in, generating, transmitting, and distributing or for transmitting or distributing electricity and steam for power, lighting, heating, orothersuchusessubjecttoorothersuch thefollowinguses qualifications.subject to thefollowingqualifications.Property located in Louisiana maybe expropriated exclusivelybyan electric public utilityas defined in R.S.

Property45:121 locatedor an affiliated entity either for a transmission or generation project that is approved and included in Louisianaa maybemultistate expropriatedregional exclusivelybyantransmission organization's or independent system operator's transmission expansion plan or identifiedbysuchregionaltransmissionorganizationorindependentsystemoperator as necessary for the reliability of the electric publicsystem utilityasor definednecessary infor R.S.the interconnectionofagenerator,orforgeneratingplants,buildings,transmissionlines, Page 2 of 5 Coding:

45:121 or an affiliated entity either for a transmission or generation Page 2 of 6 Coding:

SLS 26RS-1496 ENGROSSED SB NO.

466 projectENROLLED that is approved and included in a multistate regional transmission organization's or independent system operator's transmission expansion plan or identifiedbysuchregionaltransmissionorganizationorindependentsystemoperator as necessary for the reliability of the electric system or necessary for the interconnectionofagenerator,orforgeneratingplants,buildings,transmissionlines, stations or substations, distribution lines, or other associated facilities if a majority of the electricity or steam power to be generated, transmitted, or distributed in connectionwiththeseintendedfacilitieswillbedeliveredtoend-userslocatedwithin Louisiana.

The generating plants, buildings, transmission lines, stations, and substations expropriatedor forforwhichpropertywasexpropriated whichshall propertywasbe expropriatedshallbesoso located, constructed, operated, and maintained as not to be dangerous to persons or property nor interfere with the use of the wires of other wire using companies or, more than is necessary, with the convenience of the landowners.

(10)Anydomesticorforeigncorporation,limitedliabilitycompany,orother legal entity created for the purpose of, or engaged in, the piping or marketing of carbondioxideforuseinconnectionwithasecondaryortertiaryrecoveryprojectfor the enhanced recovery of liquid or gaseous hydrocarbons approved by the commissioner of conservation, or created for the purpose of, or engaged in, the transportation of carbon dioxide bypipeline for underground storage, including but notlimitedtothroughconnectingtoanexistingpipelinetransportingcarbondioxide for underground storage, whether owned or operated by the same entity, and which has received a certificate of public convenience and necessity pursuant to the provisionsofR.S.30:1107(B).PropertylocatedinLouisianamaybesoexpropriated forthetransportationofcarbondioxideforundergroundinjectioninconnectionwith Page 3 of 65 Coding:

SLS 26RS-1496 ENGROSSED SB NO.

466 transportationENROLLED of carbon dioxide bypipeline for underground storage, including but notlimitedtothroughconnectingtoanexistingpipelinetransportingcarbondioxide for underground storage, whether owned or operated by the same entity, and which has received a certificate of public convenience and necessity pursuant to the provisionsofR.S.30:1107(B).PropertylocatedinLouisianamaybesoexpropriated forthetransportationofcarbondioxideforundergroundinjectioninconnectionwith such projects located in Louisiana or in other states or jurisdictions.

(11)Anydomesticorforeigncorporation,limitedliabilitycompany,orother legal entitycreatedfor the purpose of,of,orengagedin,the orengagedin,injection theinjection of carbondioxide for the underground storage of carbon dioxide and that has received a certificate of public convenience and necessity pursuant to the provisions of R.S.

Property located in Louisiana may be so expropriated for the underground storage of carbon dioxide in connection with such storage facility projects located in Louisiana,includingbut not limited to surfaceandsubsurfacerights, mineralrights,mineral rights, and other property interests necessary or useful for the purpose of constructing, operating, or modifying a carbon dioxide storage facility.

This Paragraph shall not allow for the expropriation ofofreservoirstorage reservoirstorage rights for geologic storage of carbon dioxide, except in connection with any project as to which R.S.

30:1108(B)(2) is applicable.Thisapplicable. Paragraph shall have no effect on nor does it grant expropriation of themineral rights or other propertyrights associated with the approvals requiredfor injection of carbon dioxide into enhanced recovery projects approved by the commissioner under R.S.

This Paragraph shall have no effecton nor does it grant expropriation of the mineral rights or other propertyrights associated with the approvalsrequiredfor injection of carbon dioxide into enhanced recovery projects approved by the commissioner under R.S.

(13) Any domestic corporation, any foreign corporation organized or incorporatedunderthelawsofanotherstateandauthorizedorregisteredtodo business in this state, any limited liability company, or any other legal entity that is created for the purpose of, or that engages in, any activity involving the Pageresearch, 4development, testing, operation, manufacture, or construction of 6aircraft, Coding:airports, or related aviation facilities, including but not limited to spaceflight activities, landing fields, landing strips, and navigation facilities, when the property utilized for such purposes consists of not less than twenty thousand contiguous acres and contains no residential structures.

B.Noforeignpower,alien,orcorporationinwhichthemajorityofstock iscontrolledbyanyforeignpower,alien,oraliencorporationthatisconsidered Page 4 of 5 Coding:

SLS 26RS-1496 ENGROSSED SB NO.

466 research,ENROLLED development,aforeignadversaryasidentifiedin15CFR7.4(a)andidentifiedinthedatabase testing,maintained operation,by manufacture,the orUnited constructionStates Department of aircraft,the airports,Treasury, oroffice relatedof aviationforeign facilities,assets includingshall butexpropriate notproperty limitedunder tothe spaceflightauthority activities,of landingthis fields,Section landingif strips, and navigation facilities, when the property utilizedto forbe suchexpropriated purposesis consistswithin offifty notmiles lessof thana twentymilitary thousandbase. contiguous acres and contains no residential structures.

B.Noforeignpower,alien,orcorporationinwhichthemajorityofstockPRESIDENT iscontrolledbyanyforeignpower,alien,oraliencorporationthatisconsideredOF aforeignadversaryasidentifiedin15CFR7.4(a)andidentifiedinthedatabaseTHE maintainedSENATE bySPEAKER theOF UnitedTHE StatesHOUSE DepartmentOF ofREPRESENTATIVES theGOVERNOR Treasury,OF officeTHE ofSTATE foreignOF assetsLOUISIANA shallAPPROVED: expropriate property under the authority of this Section if the property to be expropriated is within fifty miles of a military base.

ThePage original5 instrument and the following digest, which constitutes no part of the5 legislativeCoding: instrument, were prepared bySenate Legislative Services.

The keyword, summary, and digest do not constitute part of the law or proof or indicia of legislative intent.

[R.S.

1:13(B) and 24:177(E)] DIGEST SB 466 Engrossed 2026 Regular Session Seabaugh Present law authorizes expropriation of property for certain purposes by certain entities, including the state, domestic and foreign corporations, limited liabilitycompanies, or other legal entities.

Proposed law retains present law and prohibits expropriation under present law by any foreign power, alien or corporation which is majority-owned by any foreign power, alien, or alien corporation, as identified in federal regulations and in the database of the U.S.

Treasury, if the property to be expropriated is within 50 miles of a military base.

Proposed law provides that anydomestic corporation, anyforeign corporation organized or incorporated under the laws of another state and authorized or registered to do business in this state, any limited liability company, or any other legal entity that is created for the purpose of, or that engages in, any activity involving the research, development, testing, operation, manufacture, or construction of aircraft, airports, or related aviation facilities, including but not limited to spaceflight activities, landing fields, landing strips, and navigation facilities, when the property utilized for such purposes consists of not less than 20,000 contiguous acres and contains no residential structures.

Effective August 1, 2026.

(Amends R.S.

19:2) Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Judiciary A to the original bill Page 5 of 6 Coding:

Words which are struck through are deletions from existing law;