With hopes of creating a geographic concentration of academic and private bioscience research and commercialization, the Louisiana legislature ended its 2005 session with passage of a bill creating a new development authority. House Bill 742, the Greater New Orleans Biosciences Economic Development District Act, focuses on an area of several blocks in downtown New Orleans, but the bill grants the district's board the ability to redefine its boundaries by additional properties, including those outside the Orleans parish. The district may issue bonds to support acquisition of land and construction of buildings and other facilities.