Louisiana 2022 2022 Regular Session

Louisiana Senate Bill SB416 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
ACT 755 (SB 416) 2022 Regular Session	Abraham
Prior law created the Calcasieu-Cameron Navigation District in Calcasieu and Cameron
parishes to function as the single entity responsible for acting to secure rights-of-way, and
to furnish assurances for the construction, operation, and maintenance of the project as
designated by the United States Army Corps of Engineers.
Prior law provided that Calcasieu Parish was the district's domicile, but allowed district
offices to be maintained in Cameron Parish.
Prior law provided for the district to be governed by a five-member board of commissioners.
Prior law authorized the board to levy annually an ad valorem tax not to exceed five mills
on the dollar on property subject to taxation in the district, provided that the levy was
authorized by a favorable vote of a majority of the qualified electors in each parish within
the district at an election called within three years of the effective date of prior law.
Prior law authorized the board to pledge all or part of its revenues to payment of bonds but
specified that total annual tax collections shall not exceed $20 million.
Prior law provided for sunset of the district on July first of the year following an unfavorable
vote to pass and levy an ad valorem tax.
New law repeals prior law.
Effective August 1, 2022.
(Repeals R.S. 34:481-490)