SB 518·LA·senate
PUBLIC LANDS: Allows Louisiana State University and Agricultural & Mechanical College to buy and sell certain real estate. (8/1/26)
Signed into LawFiled Mar 31, 2026
Sponsor: Franklin Foil (R)
Latest Action
Signed by the Governor. Becomes Act No. 776.
Jun 2, 2026
Summary
The bill authorizes Louisiana State University and the Agricultural & Mechanical College to purchase and sell certain parcels of real property. An amendment specifies that any mineral rights associated with those parcels remain owned by the state under the state constitution. The measure is intended to give the universities flexibility in managing land assets while protecting state mineral interests.
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