Louisiana SB286 amends the New Orleans Downtown Development District, clarifying its status as a political subdivision and modifying the appointment.
Louisiana SB286 amends the New Orleans Downtown Development District, clarifying that it is a political subdivision. The bill modifies the appointment process for the board of commissioners, requiring nominations instead of direct appointments. The board consists of eleven members, with specific nominating entities including the mayor, New Orleans & Company, and various associations. If the mayor fails to appoint members within 30 days of nominations, the city council will make the appointments. The bill also removes the 50-year term limit for the special tax levied by the district.
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