Louisiana SB286 amends the New Orleans Downtown Development District's governance and tax provisions.
Louisiana SB286 amends the New Orleans Downtown Development District's governance and tax provisions. It retains the district's classification as a political subdivision and modifies the board of commissioners' appointment process. Board members are now nominated instead of appointed, with specific nominating entities including the mayor, New Orleans Chamber of Commerce, and others. Vacancies are filled by nominations from the New Orleans Chamber of Commerce. The bill also removes the 50-year limit on the special tax authorized for the district.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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