HLS 19RS-488 ORIGINAL
2019 Regular Session
HOUSE BILL NO. 80
BY REPRESENTATIVE JAY MORRIS
DISTRICTS/ECONOMIC DEVEL: Provides relative to the taxing authority of the
Southside Economic Development District of the city of Monroe
1 AN ACT
2To repeal R.S. 33:2740.51(M) and (N), to repeal the authority of the Southside Economic
3 Development District of the city of Monroe to levy taxes and to implement tax
4 increment financing.
5 Notice of intention to introduce this Act has been published
6 as provided by Article III, Section 13 of the Constitution of
7 Louisiana.
8Be it enacted by the Legislature of Louisiana:
9 Section 1. R.S. 33:2740.51(M) and (N) are hereby repealed in their entirety.
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)]
HB 80 Original 2019 Regular Session Jay Morris
Abstract: Repeals the authority of the Southside Economic Development District of the
city of Monroe to levy taxes and to implement tax increment financing.
Present law authorizes the governing authority for the city of Monroe, with the approval of
the mayor, to create a district known as the Southside Economic Development District of the
city of Monroe. Establishes the boundaries and provides for governance of the district.
Proposed law retains present law.
Present law grants the district the powers of an economic development district as if the
district were an economic development district established pursuant to present law (Part II
of Chapter 27 of Title 33 of the La. Revised Statutes of 1950), including powers of tax
increment financing and the power to levy taxes within the district as provided in present
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 19RS-488 ORIGINAL
HB NO. 80
law, which authorizes ad valorem taxes up to five mills, sales taxes up to 2%, and hotel
occupancy taxes up to 2% or any combination of such taxes, all subject to voter approval
unless there are no voters in the district. Proposed laws repeals present law.
Present law authorizes the district to levy a hotel tax on development occurring after July 1,
2005, to finance a project. Provides that such a tax may be in lieu of taxes levied by other
entities subject to approval of those entities and of the voters of Monroe. Proposed law
repeals present law.
(Repeals R.S. 33:2740.51(M) and (N))
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.