House Bill No. [insert number] proposes the establishment of the Ferriday Downtown Entertainment District within the town of Ferriday, Louisiana. The bill outlines the district's boundaries, which are defined by Texas Avenue, EE Wallace Boulevard, Mickey Gilley Avenue, and First Street. The primary purpose of the district is to foster cooperative economic and community development, enhance property improvements, and expand entertainment and leisure activities in the area. The governance of the district will be managed by a seven-member board of commissioners, with specific appointment procedures and term lengths for its members.

Additionally, the bill grants the district various powers, including the ability to levy a sales and use tax not exceeding two-tenths of a percent, subject to voter approval. The district can also implement tax increment financing and issue revenue bonds for projects aligned with its objectives. The effective date for this legislation is set for July 1, 2024, unless vetoed by the governor and subsequently approved by the legislature.