House Bill No. by Representative Miller aims to enhance the governance of the St. Landry Parish Economic and Industrial Development District by establishing specific protocols for tax-related agreements. The bill enacts R.S. 33:130.303.1, which mandates that before the district can enter into any agreement that may exempt, reduce, or otherwise affect taxes owed to St. Landry Parish or its municipalities, the proposed agreement must be submitted to the respective governing authority for review. The governing authority is then required to conduct a public hearing and approve or deny the agreement within 45 days. If no resolution is adopted within this timeframe, the agreement is automatically deemed denied.

Additionally, the bill stipulates that any payments made in lieu of taxes, along with associated fees and charges, will be considered statutory impositions under Title 47 of the Louisiana Revised Statutes. It also establishes that failure to comply with the terms of an approved agreement can lead to its amendment or cancellation by the governing authority. This legislative measure is designed to ensure greater oversight and accountability in the district's financial agreements, thereby promoting responsible economic development in the region.