The Senate has passed a bill to set up a special taxing district to turn a partially completed dorm at Jimmy Swaggart Ministries into a conference hotel. The bill, by Senate President Pro Tem Sharon Weston Broome, D-Baton Rouge, passed the Senate by a 34-1 vote and is headed to the House. The measure would set up a tax increment financing district, or TIF, to direct sales tax revenue from the Bluebonnet Boulevard hotel. The state hotel-motel tax revenue would be used to back bonds to pay for construction of the hotel.
Bluebonnet TIF passes Senate, heads to House
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