One bill to establish a tax increment financing district to build a Bluebonnet Boulevard conference hotel has been passed by the House and Senate, while a second that would establish a similar district in Perkins Rowe is waiting for Senate approval. A bill sponsored by Senate President Pro Tem Sharon Weston Broome, D-Baton Rouge, to set up a TIF to convert the partially completed Jimmy Swaggart Ministries dormitory into a 300-room hotel has passed both chambers and waits for Gov. Bobby Jindal’s approval. On the other side, Rep. Michael Jackson, an independent from Baton Rouge, took over a bill for a TIF to build a Hilton Garden Inn just down the street. The TIF passed the House last week, and has been assigned to the Senate Committee on Revenue & Fiscal Affairs Committee.
Bluebonnet hotel TIF passes; Perkins Rowe bill still waiting
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