The bill amends and reenacts several provisions of the St. Tammany Parish Development District's governing laws, specifically R.S. 33:130.401 and R.S. 33:130.402. Key changes include the designation of the district as a local governing authority for the purposes of the state's annual appropriations act and the ability to use the name "St. Tammany Economic Development Corporation." The structure of the board of commissioners is also modified, with members now serving staggered three-year terms and a new nominating committee established to submit nominees for board positions. The roles of board officers have been updated, replacing the titles of "president" and "vice president" with "chair" and "vice chair," respectively.

Additionally, the bill introduces provisions allowing board members who are affiliated with a nonprofit corporation focused on economic development to serve on the board and participate in related matters. It repeals certain sections regarding the initial nomination process and the approval of nominees by the council of St. Tammany Parish, streamlining the governance process. Overall, the bill aims to enhance the operational efficiency and governance structure of the St. Tammany Parish Development District.

Statutes affected:
SB239 Original: 33:401(A), 33:402(A)(1), 33:403(22), 33:402(A)(2)
SB239 Engrossed: 33:401(A), 33:402(A)(1), 33:403(22), 33:402(A)(2)
SB239 Enrolled: 33:401(A), 33:402(A)(1), 33:403(22), 33:402(A)(2)
SB239 Act 457: 33:401(A), 33:402(A)(1), 33:403(22), 33:402(A)(2)