HB1181

Louisiana HB1181 amends tax procedures for economic development districts, requiring voter approval for tax continuation if 30 or more qualified.

Louisiana HB1181 modifies existing law regarding economic development districts authorized to levy taxes. If a district initially levied a tax without qualified electors, the continuation of such tax requires approval by qualified electors upon petition. If 30 or more qualified electors reside in the district, the tax continuation must be approved by a majority vote in an election. The tax may continue if approved, but if not, it terminates two months after election results are announced.