Louisiana § 47:4312 Definitions

Louisiana Statutes

§ 47:4312 — Definitions

Louisiana·Title 47 Revenue and Taxation

§4312. Definitions For purposes of this Chapter, the following terms shall have the meanings indicated unless the context clearly indicates otherwise:

(1)"Board" means the State Board of Commerce and Industry or its successor.

(2)"Downtown district" means a downtown development district or central business development district created by law or pursuant to law. The board may determine whether or not a district complies with this definition.

(3)"Economic development district" means a district created for the purpose of economic development established by a local governing authority, in accordance with law, or for applications received on or after July 1, 2019, an opportunity zone as designated by the federal government pursuant to the provisions of 26 U.S.C. 1400Z-1, 1400Z-2, and federal

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§4312. Definitions
For purposes of this Chapter, the following terms shall have the meanings indicated
unless the context clearly indicates otherwise:
(1) "Board" means the State Board of Commerce and Industry or its successor.
(2) "Downtown district" means a downtown development district or central business
development district created by law or pursuant to law. The board may determine whether
or not a district complies with this definition.
(3) "Economic development district" means a district created for the purpose of
economic development established by a local governing authority, in accordance with law,
or for applications received on or after July 1, 2019, an opportunity zone as designated by
the federal government pursuant to the provisions of 26 U.S.C. 1400Z-1, 1400Z-2, and
federal regulations. The board may determine whether or not a district complies with this
definition.
(4) "Historic district" means:
(a) A district listed in or pending being listed in the National Register of Historic
Places;
(b) A district created by a local governing authority in accordance with the
provisions of Chapter 16 of Title 25 of the Louisiana Revised Statutes of 1950 or in
accordance with R.S. 33:4571 et seq.; or
(c) An historic structure or structures listed individually in or pending being listed
in the National Register of Historic Places.
(5) "Local governing authority" means the governing authority of the parish in which
the downtown, historic, or economic development district is located unless the district is
located within a municipality, in which case "local governing authority" shall mean the
governing authority of the municipality. If the district is located partly in a municipality,
"local governing authority" shall mean the governing authority of the parish and the
governing authority of the municipality.
(6) "Owner-occupied residence" means any structure occupied by the owner thereof
and used principally for residential use. Such term shall also include condominium units,
duplexes, and other multiple residence structures in which the owner thereof resides.