SB 374 Louisiana Senate · 2026 Regular Session

SPECIAL DISTRICTS: Provides for uniform procedure for the creation of college economic development districts for any college or university in any municipality or parish. (gov sig)

SB 374 would establish a standardized process for creating economic development districts around University of Louisiana System campuses. These districts, governed by boards including the university president and local business representatives, could levy taxes and manage development on non-residential property near campuses. They would function as local government entities to coordinate economic growth between universities, municipalities, and businesses. The bill aims to streamline development efforts across the state’s university system by providing consistent rules for district creation and operation.
Tags: Economic Development
Bill status signed all 5 stages cleared
Introduction
Feb 2026
Committee Review
May 2026
Senate Passage
May 2026
House Passage
May 2026
Signed into Law
May 2026
Introduced Feb 27, 2026 Signed May 29, 2026
Maddy AI version diff · 5 comparisons

What changed between versions

Senate Floor Bureau Note, #2110, Cathey, Adopted → SB374 Act 499 · 5 edits
MODERATE
This bill transforms a procedural amendment into a complete, standalone act that establishes a new legal framework for Statewide College Economic Development Districts in Louisiana. It creates a new political subdivision designed to foster economic growth around universities by allowing them to form special taxing districts. The legislation details the district's governance structure, including a board of commissioners appointed by university officials, local governments, and the state legislature.
Scope change
The bill's scope expanded from a set of minor text corrections to a comprehensive new chapter in the Louisiana Revised Statutes (Chapter 51 of Title 33) that authorizes the creation of special taxing districts for university economic development.
SCOPE

Established a new legal entity called a 'college economic development district' as a political subdivision of the state.

ELIGIBILITY

Defined the criteria for creating these districts, requiring consent from local governing authorities and excluding residential property from the district boundaries.

DEFINITION

Created a new board of commissioners with specific appointment powers for the university president, local officials, and state legislators.

FISCAL

Authorized the districts to levy taxes and special assessments, incur debt, and utilize sales and use tax increments to fund development projects.

REQUIREMENT

Mandated that districts be created via local ordinance and established rules for board membership terms, meetings, and removal for cause.

Floor votes · Senate Apr 15, 2026 · House May 18, 2026

How they voted

38–1
Passed · 2 other
Total votes 41
Apr 15, 2026
D Democratic12
11 Yea 1
91% Yea
R Republican29
27 Yea 1 Nay 1
93% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
23
Key actions
5
Committee
4
Amendments
1
May 20, 2026
Upper · Passed
Amendments proposed by the House read and concurred in by a vote of 33 yeas and 1 nays.
upper
May 18, 2026
Lower · Passed
Read third time by title, roll called on final passage, yeas 85, nays 9. Finally passed, ordered to the Senate.
lower
May 7, 2026
Introduced
Reported without Legislative Bureau amendments.
lower
May 6, 2026
Lower · Passed
Reported with amendments (10-0). Referred to the Legislative Bureau.
lower
Apr 21, 2026
Committee
Read by title, under the rules, referred to the Committee on Education.
lower
Apr 15, 2026
Upper · Passed
Senate floor amendments read and adopted. Read by title and passed by a vote of 36 yeas and 1 nays; ordered reengrossed and sent to the House. Motion to reconsider tabled.
upper
Apr 8, 2026
Upper · Passed
Rules suspended. Reported favorably.
upper
Mar 9, 2026
Committee
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Education.
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Stewart Cathey
Stewart Cathey
RRepublican
LA
33