HLS 12RS-2252 ORIGINAL
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2012
HOUSE BILL NO. 1103
BY REPRESENTATIVE LEGER
DISTRICTS/SPECIAL: Provides relative to the La. Sports and Entertainment District
AN ACT1
To amend and reenact R.S. 33:130.842(A) and to enact R.S. 33:130.845(10), relative to the2
Louisiana Sports and Entertainment District; to revise the boundaries of the district;3
to provide procedures regarding the dedication of certain state of Louisiana sales tax4
increments for district purposes; and to provide for related matters.5
Notice of intention to introduce this Act has been published6
as provided by Article III, Section 13 of the Constitution of7
Louisiana.8
Be it enacted by the Legislature of Louisiana:9
Section 1. R.S. 33:130.842(A) is hereby amended and reenacted and R.S.10
33:130.845(10) is hereby enacted to read as follows:11
§130.842. Louisiana Sports and Entertainment District; creation; territorial12
jurisdiction13
A. The Louisiana Sports and Entertainment District, a body politic and14
corporate, referred to in this Subpart as the "district", is hereby created in the city of15
New Orleans, referred to in this Subpart as the "city". The district shall be16
comprised of all the property bounded by Poydras Street, Lasalle Street, Gravier17
Street, Loyola Avenue, Girod Street, South Liberty Street, Julia Street, Le Rouge18
Street, Howard Avenue, and South Claiborne Avenue, referred to in this Subpart as19
the "property".20
* * *21 HLS 12RS-2252 ORIGINAL
HB NO. 1103
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are additions.
§130.845. Rights and powers1
The district, acting by and through its board, shall have and exercise all2
powers of a political subdivision necessary or convenient for the carrying out of its3
objects and purposes, including but not limited to the following in addition to the4
other rights and powers set out in this Subpart:5
* * *6
(10) Notwithstanding any other provisions of law to the contrary, and subject7
to dedication by law, state of Louisiana sales taxes may be dedicated to the district8
to be used for district purposes. Prior to the dedication of any state sales taxes to pay9
revenue bonds of the district, the district shall submit the proposed cooperative10
endeavor agreement providing for such dedication to the Joint Legislative Committee11
on the Budget for approval. In determining whether to approve the dedication of12
state sales tax increments, the Joint Legislative Committee on the Budget shall take13
into account whether the city has agreed to the dedication of a portion of the city's14
sales tax to the district, including the length of time for such dedication and the15
amount of any dedication. Provided the district has obtained the approval of the16
Joint Legislative Committee on the Budget as required by this Paragraph, no other17
approvals with respect to such cooperative endeavor agreement shall be required,18
except that the approval of the State Bond Commission shall be required only to the19
extent that state sales taxes make up all or any portion of the revenue source pledged20
to the payment of bonds of the district.21
Section 2. This Act shall become effective upon signature by the governor or, if not22
signed by the governor, upon expiration of the time for bills to become law without signature23
by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If24
vetoed by the governor and subsequently approved by the legislature, this Act shall become25
effective on the day following such approval.26 HLS 12RS-2252 ORIGINAL
HB NO. 1103
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, 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)]
Leger HB No. 1103
Abstract: Provides relative to the La. Sports and Entertainment District.
Present law provides for the creation of the La. Sports and Entertainment District in the city
of New Orleans. The district shall be comprised of all the property bounded by Poydras
Street, Loyola Avenue, Girod Street, South Liberty Street, Julia Street, Le Rouge Street,
Howard Avenue, and South Claiborne Avenue. Proposed law retains present law; adds
Lasalle Street and Gravier Street to the property boundaries of the district.
Present law provides for the rights and powers of the district. Such a district shall have and
exercise all powers of a political subdivision necessary or convenient for the carrying out
of its objects and purposes. Proposed law retains present law.
Proposed law adds the power to use state sales taxes for district purposes. Prior to the
dedication of any state sales tax to pay revenue bonds of the district, the district shall submit
the proposed cooperative endeavor agreement providing for such dedication to the Joint
Legislative Committee on the Budget for approval. In determining whether to approve the
dedication of state sales tax increments, the committee shall take into account whether the
city has agreed to the dedication of a portion of the city's sales tax to the district. Provided
that the district has obtained the approval of the committee, no other approvals shall be
required, except that the approval of the State Bond Commission shall be required only to
the extent that state sales taxes make up all or any portion of the revenue source pledged to
the payment of bonds of the district.
(Amends R.S. 33:130.842(A); Adds R.S. 33:130.845(10))