Any vacancy in the membership of the board shall be filled in the manner of the originalappointmentfortheunexpiredterm.Ifanappointmenttofillavacancy is not made within sixty days, the board shall appoint an interim successor to serve until the position is filled by the appointing authority.

(4) Any member of the board may be removed by a three-fourths vote oftheremainingmembershipoftheboardforcause,whichmayincludefailure to attend at least one-half of the meetings of the board in a two-year period.

(5) The members of the board shall serve without salary or per diem.

The board may reimburse any member for reasonable, actual, and necessary expenses incurred in the performance of his duties pursuant to this Section.

(6)The board shall electfromits members a president, a vicepresident, a secretary, and a treasurer, whose duties shall be those common to these offices.Attheoptionoftheboard,theofficesofsecretaryandtreasurermaybe held by one person.

(7) The board shall meet in regular session at least once per year and shall also meetin special sessionasoftenas thepresidentof theboardconvenes the board or upon the written request of at least three members.

A majority of the members of the board shall constitute a quorum for the transaction of business.

The board shall keep minutes of all meetings and shall make them available for inspection through the board's secretary or secretary-treasurer, Page 3 of 13 Coding:

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282 who shall also maintain the minute books and archives of the district.

The monies, funds, and accounts of the district shall be in the official custody of the board.

(8) The domicile of the board shall be established by the board at a location within the district.

The official journal of the district is the official journal of the parish where the domicile of the board is located.

D.

The district, acting by and through its board, shall have and exercise allpowersofapoliticalsubdivisionnecessaryorconvenientforthecarryingout of its objects and purposes, including but not limited to the following:

(1) To sue and to be sued.

(2) To adopt, use, and alter at will a corporate seal.

(3) To acquire by gift, grant, or purchase all property, including rights- of-way,movable,immovable,ormixed,corporealorincorporeal,oranyinterest therein.

(4) To enter into contracts for the purchase, acquisition, construction, and improvement of works and facilities necessary in connection with the purposes of the district.

(5) In its own name and on its own behalf to incur debt and to issue revenuebonds,specialassessmentbonds,certificates,notes,andotherevidences of indebtedness and to levy and cause to be collected certain taxes as provided in this Section and as may be provided by general law.

(6) To regulate theimposition of feesand rentalscharged by the district for its facilities and services rendered by it.

(7)Toborrow money andpledgeallorpartofitsrevenues,leases,rents, or other advantages as security for the loans.

(8) To appoint officers, agents, and employees;

prescribe their duties;

and fix their compensation.

(9) To develop public improvement projects for the benefit of the respective college, either directly with the respective college or through one or Page 4 of 13 Coding:

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282 more private foundations or nonprofit corporations affiliated with the respective college, or both.

(10) To exercise any and all of the powers granted to an economic development district as if the district were an economic development district established pursuant to PartII of this Chapter,including but not limited to the powersoftaxincrementfinancingpursuanttoR.S.33:9038.33and9038.34and the power to levy taxes within the district pursuant to R.S.

33:9038.39.

The districtshall exercisethe powersinaccordancewiththeprovisions of PartII of this Chapter.

(11) To exercise any and all of the powers granted to a community development district as if the district were a community development district established pursuant to Chapter 27-B of this Title, including but not limited to the power to levy special assessments on property within the district pursuant toR.S.33:9039.29.Thedistrictshallexercisethepowersinaccordancewiththe provisions of Chapter 27-B of this Title.

E.(1) It is expressly provided that any sales and use tax levied by the district or any subdistrict created by the district may exceed the limitation set forth by Article VI, Section 29(A) of the Constitution of Louisiana and shall be imposed,collected,andenforcedsubjecttothetermsoftheresolutionimposing thetaxandtheprovisionsofChapter2ofSubtitleIIofTitle47oftheLouisiana Revised Statutes of 1950.

(2)(a) The district and any subdistrict created by the district may levy taxes or assessments of any type only after the board has adopted an appropriate resolution giving notice of its intention to levy the taxes or assessments.

The resolution shall include a general description of the taxes or assessments to be levied.

The district or subdistrict shall give notice of its intention by publication once per week for two weeks in the official journal of the district, the first publication to appear at least fourteen days before the public meeting of the board at which the board shall hear any objections to the Page 5 of 13 Coding:

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282 proposed taxes or assessments.

The notice of intent so published shall state the date, time, and place of the public hearing.

(b) The taxes or assessments may be levied only after the board has called a special election submitting the proposition for the levy of the taxes or assessments tothequalified electorsof thedistrictorsubdistrict, as applicable, andthepropositionhasreceivedthefavorablevoteof amajorityof theelectors voting in the election.

Any election held pursuant to this Section shall be conducted in accordance with the Louisiana Election Code and held on a date thatcorresponds with an election date provided by R.S.

18:402(A)(1)or(B)(1).

However, if there are no qualified electors in the district or subdistrict, as applicable,ascertifiedbytheregistrarofvoters,noelectionisrequired,butthe taxes or assessments shall not be levied unless approved by the governing authority of the local governmental subdivision.

(c) The powers and rights conferred by this Paragraph shall be in additiontothepowersandrightsconferredbyanyothergeneralorspeciallaw.

This Paragraph does and shall be construed to provide a complete and additional method for the levy of any taxes or assessments.

No election, proceeding, notice, or approval shall be required for the levy of the taxes or assessments except as provided in this Paragraph.

F.(1)ThedistrictmaycreatesubdistrictsasprovidedinthisSubsection.

Thedistrictshallpublish noticeofitsintenttocreateasubdistrictintheofficial journalofthedistrict.Atleasttendaysafterpublicationofthenotice,theboard shall conduct a public hearing on the question of creating the subdistrict.

Thereafter, the board may designate one or more areas within the boundaries of the district as subdistricts of the district.

Each subdistrict shall constitute a political subdivision of the state and shall be governed by the board.

Each subdistrict shall have the same powers as the district and shall be given a suitable name as the board may designate.

Hereafter in this Section, any reference to the district includes any subdistrict created by the district.

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282 (2) The boundaries of a district may be changed in accordance with provisions of this Section dealing with the establishment of the original boundaries.

Ifadistrictisexpandedtoincludean areawherequalified electors reside, no tax shall be collected in the added area unless the qualified electors of thatadded areaapprove the tax in accordancewith Subparagraph (E)(2)(b) of this Section.

G.(1) The district may issue and sell from time to time bonds, notes, renewalnotes,refundingbonds,interimcertificates,certificatesofindebtedness, certificates of participation, debentures, warrants, commercial paper, or other obligations or evidences of indebtedness to provide funds for and to fulfill and achieve its public purpose or corporate purposes, as set forth in this Section, including but not limited to the payment of all or a portion of the costs of a project, to provide amounts necessary for any corporate purposes, including necessary and incidental expenses in connection with the issuance of the obligations, the payment of principal and interest on the obligations of the district, the establishment of reserves to secure the obligations, and all other purposes and expenditures of the district incident to and necessary or convenient to carry out its public functions or corporate purposes, and any credit enhancement for the obligations.

(2) Except as may otherwise be provided by the board, all obligations issued by the district shall be negotiable instruments and payable solely from the revenues of the district as determined by the board, or from any other source that may be available to the district but shall not be secured by the full faith and credit of the state or the local governmental subdivision.

(3) Obligations shall be authorized, issued, and sold by a resolution or resolutionsoftheboard.Thebondsorobligationsmaybeoftheseries;bearthe date or dates;

mature at the time or times;

bear interest at the rate or rates, including variable, adjustable, or zero interest rates;

be payable at the time or times;

be in the denominations;

be sold at the price or prices, at public or Page 7 of 13 Coding:

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282 private negotiated sale, after advertisement as is provided for in R.S.

39:1426;

beintheform;carrytheregistrationandexchangeabilityprivileges;bepayable at the place or places;

be subject to the terms of redemption;

and be entitled to theprioritiesontheincome,revenue,andreceiptsof,oravailableto,thedistrict as may be provided by the board in the resolution or resolutions providing for the issuance and sale of the bonds or obligations of the district.

(4) The obligations of the district shall be signed by the officers of the board by either manual or facsimile signatures as shall be determined by resolution or resolutions of the board and may have impressed or imprinted thereon the seal of the district or a facsimile thereof.

(5) Any obligations of the district may be validly issued, sold, and delivered,notwithstanding thatoneormoreof theofficersoftheboardsigning the obligations, or whose facsimile signature or signatures may be on the obligations, shall have ceased to be the officer of the board at the time the obligations shall actually have been delivered.

(6) Obligations of the district may be sold in the manner and from time to time as may be determined by the board to be most beneficial, subject to approval of the State Bond Commission, and the district may pay all expenses, premiums, fees, or commissions which it may deemnecessary or advantageous in connection with the issuance and sale thereof.

(7)Theboardmayauthorizetheestablishmentofafundorfundsforthe creation of a debt service reserve, a renewal and replacement reserve, or other funds or reserves as the board may approve with respect to the financing and operation of any project funded with the proceeds of the bonds and as may be authorized by any bond resolution, trust agreement, indenture of trust, or similar instrument or agreement pursuant to the provisions of which the issuance of bonds or other obligations of the district or subdistrict may be authorized.

(8) Any cost, obligation, or expense incurred for any of the purposes or Page 8 of 13 Coding:

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282 powers of the district specified in this Subsection shall be a part of the project costs and may be paid or reimbursed as such out of the proceeds of bonds or other obligations issued by the district;

however, no portion of any state sales taxes made directly available to the district pursuant to an agreement with the state shall be used by the district to pay the costs of constructing or operating any privately owned hotel located within the district without the consent of the Joint Legislative Committee on the Budget or its successor.

(9) For a period of thirty days from the date of publication of the resolutionauthorizingtheissuanceofbonds hereunder,anypersonsininterest shallhavetherighttocontestthelegalityoftheresolutionandthelegalityofthe bond issue for any cause, after which time no one shall have any cause or right of action to contest the legality of the resolution or of the bonds authorized thereby for any cause whatsoever.

If no suit, action, or proceeding is begun contestingthevalidityofthebondissuewithinthirtydays,theauthoritytoissue the bonds and to provide for the payment thereof and the legality thereof and alloftheprovisionsoftheresolutionauthorizingtheissuanceofthebonds,shall be conclusively presumed, and no courtshall haveauthoritytoinquire into the matters.

(10) Neither the members of the board nor any person executing the bonds shall be personally liable for the bonds or be subject to any personal liability by reason of the issuance thereof.

No earnings or assets of the district shall accrue to the benefit of any private persons.

However, the limitation of liability provided for in this Paragraph shall not apply to any gross negligence or criminal negligence on the part of any member of the board or person executing the bonds.

(11)Allobligationsauthorizedtobeissuedbythedistrictpursuanttothe provisions of this Subsection, togetherwith interestthereof,incometherefrom, and gain upon the sale thereof shall be exempt from all state and local taxes.

(12) The state and all public officers;

any parish, municipality, or other Page 9 of 13 Coding:

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282 subdivision orinstrumentality ofthestate;anypoliticalsubdivision;

anybank, banker, trust company, savings bank and institution, building and loan association, savings and loan association, investment company, or any person carrying on a banking or investment business, any insurance company or business, insurance association, and any person carrying on an insurance business;andanyexecutor,administrator,curator,trustee,andotherfiduciary;

andanyretirementsystemorpensionfundmaylegallyinvestanysinkingfunds monies;

or other funds belonging to them or within their control in any bonds or other obligations issued by the district pursuant to the provisions of this Subsection, and the bonds or other obligations shall be authorized security for all public deposits.

It is the purpose of this Section to authorize the persons, firms, corporations, associations, political subdivisions and officers, or other entities, public or private, to use any funds owned or controlled by them, including but not limited to sinking, insurance, investment, retirement, compensation, pension, and trust funds, and funds held on deposit, for the purchase of any bonds or other obligations of the district or subdistrict, and that the bonds shall be authorized security for all public deposits.

However, nothingcontainedinthisSectionwithregardtolegalinvestmentsorsecurityfor publicdepositsshallbeconstruedasrelievinganyperson,firm,corporation,or other entity from any duty of exercising reasonable care in selecting securities.

H.(1)Eachdistrictandanysubdistrictcreatedbythecollegedistrictmay be the recipient of a sales or use tax increment which consist of that portion of the designated incremental sales or use tax collected each year on the sale at retail, the use, the lease or rental, the consumption and storage for use or consumption of tangible personal property, and on sales of services, all as defined in R.S.

47:301 et seq.

or any other appropriate provision or provisions of law as amended.

(2) The sales or use tax increment may include hotel occupancy taxes, occupancytaxes,orsimilartaxes,oranycombinationofthesetaxes,leviedupon Page 10 of 13 Coding:

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282 theuseoroccupancyofhotelroomsifsodesignatedbythecityofBatonRouge, parish of East Baton Rouge as the tax recipient entity, from taxpayers located within a college economic development district and subdistrict which exceeds the designated sales or use tax revenues and hotel occupancy taxes, occupancy taxes,orsimilartaxessodesignatedthatwerecollectedintheyearimmediately prior to the year in which the college economic development district and any subdistrict was established.

I.

The district shall dissolve and cease to exist upon the later to occur of either one year after the date on which all loans, bonds, notes, and other evidencesofindebtednessofthedistrict,includingrefundingbonds,arepaidin full as to both principal and interest or fifty years from the creation of the district.

J.

This Section, being necessary for the welfare of the state, the parish, and its residents, shall be liberally construed to effect the purposes thereof.

Section 2.

This Act shall become effective upon signature bythe governor or, if not signedbythegovernor,uponexpirationofthetimeforbillstobecomelawwithoutsignature by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana.

If vetoed bythe governorand subsequentlyapprovedbythe legislature, this Act shall become effective on the dayfollowing such approval.

The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared bySenate Legislative Services.

The keyword, summary, and digest do not constitute part of the law or proof or indicia of legislative intent.

[R.S.

1:13(B) and 24:177(E)] DIGEST SB 282 Engrossed 2026 Regular Session Barrow Proposed law provides for the creation of an economic development district that includes property owned by Baton Rouge Community College ("the district").

The purpose of such a district is to provide for cooperative economic and community development among the district, the colleges, the parish or municipal governing authority, the state, and the owners of property in the district.

Proposed law provides that such a district is governed by a board of commissioners, comprised as follows:

(1) The highest executive officer of the college.

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282 (2) Four persons appointed by the highest executive officer of the college.

Proposed law provides that two of the members of the board shall be representatives from business within the district.

Proposedlawprovidesthatcommissionersservefive-yearterms,withvacanciesfilledinthe manner of the original appointment.

Provides that the president shall serve as long as he is president of the university.

Two members shall serve an initial term of two years, and two members shall serve an initial term of three years, as determined bylot at the first meeting of the board.

However, if an appointment to fill a vacancy is not made within 60 days, the boardshallappointaninterimsuccessortoserveuntilthepositionisfilledbytheappointing authority.

Authorizes removal of a commissioner for cause by a 3/4 vote of the board.

Provides that commissioners serve without compensation but authorizes reimbursement of expenses.

Proposed law provides that the official journal of such a district is the official journal of the parish where the domicile of the board is located.

Provides that a district created pursuant to proposed law is a political subdivision of the state and has the powers of a political subdivision.

Provides that such powers include the power:

(1) To develop public improvement projects for the benefit of the respective college, eitherdirectlywiththerespectivecollegeorthroughoneormoreprivatefoundations or nonprofit corporations affiliated with the respective college, or both.

(2) To exercise the powers granted to an economic development district established pursuant to present law.

(Present law authorizes such a district to utilize tax increment financing.

Further authorizes a district tolevyadvaloremtaxesupto five mills, sales taxes up to 2%, and hotel occupancytaxes up to 2%, all subject to voter approval unless there are no voters in the district.) (3) To exercise the powers granted to a community development district established pursuanttopresentlaw.

(Present law authorizes such a district to finance,construct, and operate various public facilities and authorizes the levy of special property assessments,basedonproportionatebenefitfromthefacility,tofundsuchactivities.) Proposed law provides procedures for the levy of any tax or assessment, including a requirement for voter approval unless there are no voters in the district.

If a district is expanded to include an area where qualified electors reside, proposed law prohibits collection of a tax in the added area unless the qualified electors of that added area approve the tax.

Proposed law authorizes such a district to create subdistricts which are governed by the board of commissioners and have the same powers as the district.

Proposed law provides that the district and any subdistrict created by such district may be the recipient of a sales or use tax increment which consist of that portion of the designated incremental sales or use tax collected each year on the sale at retail, the use, the lease or rental, the consumption and storage for use or consumption of tangible personal property, and on sales of services.

Proposed law provides that the sales or use tax increment may include hotel occupancy taxes, occupancytaxes, or similar taxes, or any combination of such taxes, levied upon the use or occupancyof hotel rooms if so designated bythe cityof Baton Rouge, parish of East Baton Rouge as the tax recipient entity, from taxpayers located within a college economic development district and subdistrict whichexceedsthe designated sales or use tax revenues and hotel occupancy taxes, occupancy taxes, or similar taxes so designated that were collected in the year immediately prior to the year in which the college economic development district and any subdistrict was established.

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282 Proposed law authorizes the district to issue bonds and to otherwise incur debt.

Provides requirements and procedures therefor.

Proposed law provides that such a district shall dissolve and cease to exist upon the later to occur of either one year after the date on which all debt of the district is paid in full or 50 years from the creation of the district.

Effective upon signature of the governor or lapse of time for gubernatorial action.

(Adds R.S.

33:9038.82) Page 13 of 13 Coding:

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