Senate Bill No. by Senator McMath aims to amend and reenact specific provisions of the St. Tammany Parish Development District's governing laws, particularly R.S. 33:130.401 and R.S. 33:130.402. The bill establishes the district as a body politic and political subdivision of Louisiana, clarifying that it also serves as a local governing authority for the purposes of the state's annual appropriations act. Additionally, the district is permitted to use the name "St. Tammany Economic Development Corporation" or a similar trade name. The bill modifies the structure and governance of the board of commissioners, which will now consist of eleven members serving staggered three-year terms, with changes to the nominating committee's composition and the titles of certain officers.

Key changes include the replacement of the terms "president" and "vice president" with "chair" and "vice chair," respectively, and the requirement for the board to meet at least nine times per year instead of monthly. The bill also allows for the employment of a president and chief executive officer instead of an executive director. Furthermore, it repeals certain provisions regarding the initial nomination process and clarifies that board members who are affiliated with a nonprofit corporation focused on economic development may participate in board matters. The proposed changes are set to take effect on August 1, 2025.

Statutes affected:
SB239 Original: 33:401(A), 33:402(A)(1), 33:403(22), 33:402(A)(2)