Creates an economic development district in the city of Jeanerette
Impact
The bill will enhance the local governance structure by creating a board of commissioners responsible for managing the district. This board will include members appointed from various stakeholders within the community, including the Jeanerette Chamber of Commerce and the local government. By doing this, the legislation seeks to foster cooperative economic and community development that can drive job creation, support local businesses, and improve infrastructure within the district.
Summary
House Bill 97 aims to establish the Railroad Avenue Historic Cultural Economic District within the city of Jeanerette, Louisiana. This legislation provides a framework for creating a political subdivision focused on economic development, cultural enrichment, and community engagement. The bill outlines the district's purpose, boundaries, governance, and funding mechanisms which include the possibility of levying a sales and use tax as well as implementing tax increment financing to support development initiatives.
Sentiment
The sentiment around HB 97 appears to be largely positive among proponents who view it as a means of revitalizing the Jeanerette area. Supporters emphasize the potential for stimulating economic activity and preserving cultural heritage through organized efforts. However, there may be concerns from some community members regarding the centralized control of the district and how it may affect local decision-making and community needs.
Contention
Notable points of contention include the governance structure and the implications of the tax authorities granted to the district. Some may argue that the decision to impose a sales tax should be approached with caution to avoid burdening residents and businesses. Additionally, defining the district's boundaries and ensuring fair representation on the governing board are critical issues that could influence the effectiveness of local engagement and response to community priorities.
Creates the North Lake Charles Economic Development District and provides relative to the Southside Economic Development District of the City of Monroe
Authorizes the creation of cooperative economic development districts affiliated with Southern University and Louisiana State University in East Baton Rouge Parish. (gov sig) (EN SEE FISC NOTE GF RV See Note)
Requires voter approval prior to the creation of certain economic development districts by local governmental subdivisions (OR NO IMPACT LF EX See Note)