Senate Bill No. 9038, introduced by Senator Fields, aims to amend the regulations surrounding economic development districts in Louisiana. The bill enacts a new provision under R.S. 33:9038.32(C)(4) that allows governing authorities to establish geographic limits for these districts while explicitly excluding any land used for residential purposes. This exclusion applies to a wide range of residential properties, including private homes, apartments, dormitories, and other forms of housing, with the exception of temporary accommodations such as hotels and bed and breakfasts.

The key insertion in this bill is the provision that permits the governing authority to include language in the ordinance creating the district that excludes all residential properties from the proposed district. If such language is included, any residential properties identified within the district's boundaries will be deemed excluded, thereby protecting them from being incorporated into the economic development district. This legislative change is intended to clarify the boundaries of economic development districts and ensure that residential areas are not adversely affected by economic development initiatives.