Official Louisiana Legislative Bureau Digest — AI analysis is being generated. The official digest is shown below in the meantime.
HB 180 Original 2026 Regular Session Owen
Abstract: Provides definitions relative to expropriation by a private entity.
Proposed law defines "foreign adversary" as an individual or a government identified as a foreign adversary in 15 CFR 7.4(a) and identified in the database maintained by the U.S. Dept. of the Treasury, office of foreign assets control.
Proposed law defines "agent of a foreign adversary" as the juridical person that the foreign adversary has the power to direct or cause the direction of the management or policies of the juridical person whether through ownership of securities, by contract, or otherwise. Further provides that a person or entity that directly or indirectly has the right to vote 50% or more of the voting interests of an entity or is entitled to 50% or more of its profits is presumed to have the power to direct or cause the direction of the management or policies of the juridical person.
(Adds R.S. 9:2717.1.1)