Senate Bill No. by Senator Barrow establishes the Baton Rouge Community College Economic Development District in East Baton Rouge Parish, aimed at promoting cooperative economic and community development among the college, local government, and property owners. The governance structure consists of a board of commissioners appointed by the college's highest executive officer, including representatives from local businesses. This board will have the authority to levy taxes, incur debt, and manage funds for public improvement projects, while ensuring that residential properties are excluded from the district's boundaries. The bill also outlines the process for tax levies and assessments, requiring public notice and potential voter approval, and allows the district to exceed certain state tax limitations.

The legislation designates the district as a political subdivision of the state, granting it typical powers such as the ability to sue, enter contracts, and issue bonds. It allows for the creation of subdistricts and authorizes the district to receive sales or use tax increments, including hotel occupancy taxes, from designated areas. The district is empowered to issue bonds and incur debt, with established procedures for these actions, and will dissolve once all debts are settled or after fifty years, whichever comes later. The bill also includes provisions ensuring the legality of bond issuance and the liability of board members, maintaining the validity of obligations even if board members change before the bonds are delivered.