Governor Jeff Landry’s June 2026 executive order established criteria requiring new large-load data center projects to fully fund power infrastructure, support grid reliability, and deliver local benefits before accessing state sales-tax exemptions, while grandfathering major existing commitments such as Meta’s Hyperion campus. No statewide moratorium has been proposed or enacted through the legislature or LPSC as of late September, though New Orleans maintains a local one-year interim zoning pause extending into 2027 and Caddo Parish rejected moratorium resolutions on legal and procedural grounds. Ongoing LPSC dockets for utility approvals tied to AI-scale loads, combined with November commissioner elections and active project buildouts exceeding 5 GW, continue to shape trader views on the low likelihood of a broad statewide pause before key deadlines.