The state House of Representatives overwhelmingly approved a bill that would create state funding to pay for infrastructure improvements at the proposed Juban Crossing, mixed-use development in Livingston Parish.
Senate Bill 50 passed on an 89-0 vote Thursday in one of the final steps before the legislation becomes law.
The bill would create a funding stream for public improvements associated with the 470-acre development just north of Juban Road in Denham Springs.
SB50 sponsor, Dale Erdey, R-Livingston, has said the idea is to create the Juban Crossing Economic Development District as a special pool of money in the state treasury funded by sales taxes collected within the district.
The money would be used to pay off bonds — government borrowing — for roads, site preparation and other infrastructure projects.
A similar bill passed easily through the Legislature last year but was vetoed by Gov. Bobby Jindal, who said it would divert dollars from state government.
At the time, Erdey blamed the veto partially on his no votes on the governor’s two key bill to overhaul public schools.
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