SLS 16RS-310 ORIGINAL
2016 Regular Session
SENATE BILL NO. 118
BY SENATOR MILLS
ENERGY DEVELOPMENT. Repeals authority for local governmental subdivisions to
create sustainable energy financing districts. (8/1/16)
1 AN ACT
2 To repeal Subpart B-44 of Part IV of Chapter 1 of Title 33 of the Louisiana Revised Statutes
3 of 1950, comprised of R.S. 33:130.811 through 130.814, relative to sustainable
4 energy financing districts; to remove authority for creating districts; to remove
5 powers and rights conferred to districts; and to provide for related matters.
6 Be it enacted by the Legislature of Louisiana:
7 Section 1. Subpart B-44 of Part IV of Chapter 1 of Title 33 of the Louisiana Revised
8 Statutes of 1950, comprised of R.S. 33:130.811 through 130.814, is hereby repealed in its
9 entirety.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Michael Bell.
DIGEST
SB 118 Original 2016 Regular Session Mills
Present law authorizes the creation of a special district to be known as a sustainable energy
financing district by the governing authority of any local governmental subdivision that is
otherwise authorized to collect property taxes and to issue and sell bonds. Provides that the
governing authority of the local governmental subdivision shall be the governing authority
for any district it creates.
Present law provides that the district shall be created by ordinance or resolution of the
governing authority. Such ordinance or resolution shall provide that the area of the district
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 118
SLS 16RS-310 ORIGINAL
shall consist of that immovable property located within the local governmental subdivision
whose owners have agreed or agree to participate in the district. The area of the district may
or may not be contiguous and may be modified for the purposes of present law.
Present law provides that a sustainable energy financing district shall include only residential
or commercial immovable property for which the owner has executed a contract or
agreement consenting to the inclusion of such property within the district in return for a loan
from the district and a cooperative endeavor agreement with the district. The consent of the
owner may be given before or after the initial creation of the district.
Present law provides the purpose of the sustainable energy financing district shall be to
encourage, accommodate, and provide a source of revenue and means for financing capital
improvements for energy efficiency improvements, such as retrofitting and the installation
of renewable energy improvements such as fixtures for immovable property within the
district, whether such immovable property is commercial or residential.
Proposed law repeals present law.
Effective August 1, 2016.
(Repeals R.S. 33:130.811-130.814)
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.