The original instrument was prepared by Michael Bell. The following digest, which
does not constitute a part of the legislative instrument, was prepared by James
Benton.
DIGEST
SB 76 Reengrossed 2023 Regular Session Fred Mills
Proposed law creates the St. Martin Medical District as a special district and political subdivision
of the state in the parish of St. Martin. The boundaries of the district are to be comprised of parcels
or tracts of land located in St. Martin Parish.
The district is created to provide for cooperative economic development between the district, among
the district, the owner or owners of businesses and property within the district and any other
interested parties, such development endeavors being related to the provisions and expansion of
medical services, renovation, restoration, and related ventures.
The district is to be administered and governed by the board of commissioners of the St. Martin
Parish Hospital Service District No. 2 and the parish president will serve as an ex officio member.
The district, acting by and through its board of commissioners, is authorized to have all powers of
a political subdivision and taxing district necessary or convenient for the carrying out of its objects
and purposes. It may incur debt and issue bonds, notes, certificates, and other evidences of
indebtedness in its own name and on its own behalf. It may also establish public-private partnerships
and joint ventures for the benefit of the district and to contract with private concerns who may be
granted leases, rights-of-use, or other concessions for contributing private at-risk capital for a
particular district project or program. It is deemed to be an issuer for purposes of R.S. 33:9037 and
must, to the extent not in conflict with this Section, be subject to the provisions of R.S. 33:9037.
The district is authorized to implement tax increment financing and bond authority provided for in
33:9038.33, to implement ad valorem tax increment financing and bonding; R.S. 33:9034, to
implement sales tax increment financing; R.S. 33:9038.35 to implement cooperative endeavor
authority, and R.S. 33:9038.38 to implement bond authority.
Proposed law is to be liberally construed.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Adds R.S. 33:9038.75)
Summary of Amendments Adopted by Senate
Senate Floor Amendments to engrossed bill 1. Makes technical change.