SLS 14RS-983 ENGROSSED
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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, 2014
SENATE BILL NO. 588
BY SENATOR PETERSON
HOUSING. Provides relative to the Louisiana Housing Corporation. (8/1/14)
AN ACT1
To amend and reenact R.S. 40:600.88 and 40:600.91(A)(29), relative to the Louisiana2
Housing Corporation; to provide for the corporation to become a political3
subdivision of the state; to provide for certain powers and duties; and to provide for4
related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 40:600.88 and 40:600.91(A)(29) are hereby amended and reenacted7
to read as follows:8
§600.88. Creation of the corporation9
There is hereby created a public body corporate and politic known as the10
Louisiana Housing Corporation. The Louisiana Housing Corporation, referred to in11
this Chapter as the "corporation", shall be a political subdivision and an12
instrumentality of the state.13
* * *14
§600.91. Powers and duties of the corporation15
A. * * *16
(29) The corporation shall have all the powers and duties of a housing17 SB NO. 588
SLS 14RS-983 ENGROSSED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
authority created pursuant to the Louisiana Housing Authorities Law, R.S. 40:3811
et seq., necessary to administer the Permanent Supportive Housing program2
Nothing in this Subsection shall be interpreted as superseding the rights of any3
existing housing authority.4
* * *5
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Michael Bell.
DIGEST
Peterson (SB 588)
Present law provides for the Louisiana Housing Corporation, to be an instrumentality of the
state.
Proposed law retains present law and provides for the Louisiana Housing Corporation to be
a political subdivision of the state.
Present law provides that the corporation shall have all the powers and duties of a housing
authority created pursuant to the Louisiana Housing Authorities Law, necessary to
administer the Permanent Supportive Housing program.
Proposed law retains present law and provides that nothing shall be interpreted as
superseding the rights of any existing housing authority.
Effective August 1, 2014.
(Amends R.S. 40:600.88 and 40:600.91(A)(29))