PART II. TAX INCREMENT FINANCING - LOCAL
GOVERNMENTAL SUBDIVISIONS
§9038.31. Definitions
As used in this Part, the following terms shall have the following meanings, unless
the context requires otherwise:
(1) "Economic development district" or "district" means an economic development
district established by a local governmental subdivision pursuant to R.S. 33:9038.32.
(2) "Issuer" means the local governmental subdivision, economic development
district, industrial development board of the municipality or parish authorized and created
pursuant to Chapter 7 of Title 51 of the Louisiana Revised Statutes of 1950, a public trust
with the municipality or parish as the beneficiary thereof as provided in Chapter 2-A of Code
Title II of Code Book III of Title 9 of the Louisiana Revised Statutes of 1950, as authorized
in this Part, the Walnut Street Special District, any Tax Increment Development Corporation
activated in a municipality with a population of not less than three thousand three hundred
and not more than three thousand three hundred ninety-five persons according to the most
recent federal decennial census for the purposes provided for in R.S. 33:9038.68, or any
district created pursuant to R.S. 33:9038.70 or 9038.77.
(3) "Local governmental subdivision" means any municipality or parish or any
municipality, parish, local industrial board, a local public trust authorized pursuant to R.S.
33:9038.33(N) or 9038.34(N) having jurisdiction over the geographical area bounded by the
Mississippi River, the Orleans/Jefferson parish line and the Orleans/Plaquemines parish line,
the Walnut Street Special District, any Tax Increment Development Corporation activated
in a municipality with a population of not less than three thousand three hundred and not
more than three thousand three hundred ninety-five persons according to the most recent
federal decennial census for the purposes provided for in R.S. 33:9038.68, or any district
created pursuant to R.S. 33:9038.70 or 9038.77; but the provisions of this Part shall not apply
to any of the financing of construction, renovations, or improvements of any convention
center, hotel complex, and ancillary facilities within the city of Shreveport. However, the
provisions of this Part shall apply to the parish of Rapides, only as provided in R.S.
33:9038.41.
(4) "Official journal of the district" means the official journal of the local
governmental subdivision creating the economic development district.
Acts 2002, 1st Ex. Sess., No. 147, §1, eff. April 23, 2002; Acts 2004, No. 897, §1;
Acts 2005, No. 386, §1, eff. July 1, 2005; Acts 2006, No. 850, §4, eff. July 11, 2006; Acts
2011, 1st Ex. Sess., No. 20, §1, eff. June 12, 2011; Acts 2015, No. 458, §1, eff. July 1, 2015;
Acts 2015, No. 464, §1, eff. July 1, 2015; Acts 2016, No. 514, §1, eff. June 16, 2016; Acts
2024, No. 289, §1, eff. May 28, 2024.
NOTE: See Acts 2002, 1st Ex. Sess., No. 147, §3, providing that Part II is
an alternative to other provisions of Chapter 27 of Title 33 and does not
conflict with, repeal, or supercede other provisions of Chapter 27.