Louisiana HB416 changes the allocation of funds in the East Baton Rouge Parish Community Improvement Fund.
HB416 amends the East Baton Rouge Parish Community Improvement Fund to reallocate 50% of its funds from urban mass transit to the Greater Baton Rouge Economic Foundation Site Development Fund. The remaining 50% will continue to support the Research Park Corporation in East Baton Rouge Parish. The bill also removes restrictions on using the fund for urban mass transit. Effective July 1, 2026.
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