SLS 10RS-584 ORIGINAL
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2010
SENATE BILL NO. 269
BY SENATOR BROOME (BY REQUEST)
SPECIAL DISTRICTS. Provides relative to special taxing districts created as capital
improvement districts. (8/15/10)
AN ACT1
To amend and reenact R.S. 33:2740.9.1, relative to special taxing districts; to provide for the2
proportional sharing of direct benefits of capital improvements in municipalities3
located in parishes with capital improvement districts; and to provide for related4
matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 33:2740.9.1 is hereby enacted to read as follows: 7
ยง2740.9.1. Capital improvement districts; sharing benefits and costs8
A.(1) Any capital improvement district specifically authorized by law9
and created by the governing authority of a parish shall ensure that the citizens10
of each municipality within the parish shall share proportionally in the direct11
benefits received from such capital improvements made. "Direct benefits"12
when used in this Section are the tax revenues collected as a result of the capital13
improvements after they are completed.14
(2) The proportional contribution of each municipality shall be15
determined by the percent of total tax revenues collected by the capital16
improvement district that is collected from all of the tax payers of each17 SB NO. 269
SLS 10RS-584 ORIGINAL
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
municipality, or the proportional sharing may be determined by mutual1
agreement between all municipalities within the parish.2
B.(1) Excluding those capital improvements that benefit the entire3
parish, the boundaries of a capital improvement district shall coincide with the4
geographic boundaries of the municipality when all of the capital improvements5
and financial benefits therefrom are contained completely within that6
municipality.7
(2) All of the capital improvements and all financial benefits therefrom8
are contained within one municipality when all of the capital improvements to9
be made and constructed, are all made within the municipality, and when all of10
the tax revenues collected as a result of the capital improvements after11
completion, are collected within that municipality.12
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by James Benton.
DIGEST
Proposed law provides that any capital improvement district specifically authorized by law
and created by the governing authority of a parish shall ensure that the citizens of each
municipality within the parish shall share proportionally in the direct benefits received from
such capital improvements made.
Proposed law provides that "direct benefits" means the tax revenues collected as a result of
the capital improvements after they are completed.
Proposed law provides that the proportional contribution of each municipality shall be
determined by the percent of total tax revenues collected by the capital improvement district
that is collected from all of the tax payers of each municipality, or the proportional sharing
may be determined by mutual agreement between all municipalities within the parish.
Proposed law provides that, excluding those capital improvements that benefit the entire
parish, the boundaries of a capital improvement district shall coincide with the geographic
boundaries of the municipality when all of the capital improvements and financial benefits
therefrom are contained completely within that municipality.
Proposed law provides that all of the capital improvements and all financial benefits
therefrom are contained within one municipality when all of the capital improvements to be
made and constructed, are all made within the municipality, and when all of the tax revenues
collected as a result of the capital improvements after completion, are collected within that
municipality.
Effective August 15, 2010.
(Adds 33:2740.9.1)