House Bill No. 955 aims to amend R.S. 40:482 to provide housing authorities with exemptions from certain local fees and surety requirements. Specifically, the bill stipulates that political subdivisions, such as municipalities and parishes, cannot charge housing authorities construction or planning-related fees, which include various permits and application fees. Additionally, housing authorities will not be required to post surety bonds, cash bonds, or letters of credit when engaging in infrastructure, public improvement, or construction activities.

The proposed changes are intended to facilitate the operations of housing authorities by reducing financial burdens associated with local regulations. This legislation underscores the importance of housing authorities in addressing the need for affordable and safe housing, ensuring that they can focus on their primary mission without the hindrance of additional costs imposed by local governments.

Statutes affected:
HB955 Original:
HB955 Engrossed: