House Bill No. by Representative McMakin amends R.S. 47:302.29(B) concerning the East Baton Rouge Parish Community Improvement Fund. The bill stipulates that 50% of the fund's monies will now be allocated to the Greater Baton Rouge Economic Foundation Site Development Fund, replacing the previous allocation for urban mass transit in the parish. The remaining 50% will continue to support the Research Park Corporation based in East Baton Rouge Parish. Additionally, the bill removes previous restrictions that prevented the use of funds for urban mass transit from displacing or supplanting other appropriated funds.

The bill is set to take effect on July 1, 2026, and if vetoed by the governor, it will become effective on the later of that date or the day following legislative approval. This change aims to redirect funding priorities within the community improvement framework, focusing on economic development rather than urban transit.

Statutes affected:
HB416 Original: 47:29(B)