This bill amends the existing law regarding the Pressburg East Neighborhood Improvement and Security District in Orleans Parish. It specifically modifies the provisions related to the parcel fee that is collected to fund the district. The maximum fee per improved parcel of land has been increased from two hundred dollars to three hundred dollars per year. Additionally, the bill establishes that the initial term for the imposition of this fee will be eight years, with the possibility of renewal contingent upon approval by a majority of registered voters in the district.

Furthermore, the previous provision that stated the fee would expire on December 31, 2015, has been removed. Instead, the renewal of the fee will be determined by the proposition authorizing the renewal, which cannot exceed eight years. The bill outlines the process for the fee's implementation and renewal, ensuring that it aligns with the voting rights of the district's residents. The act will take effect upon the governor's signature or after the designated time frame for bills to become law without a signature.

Statutes affected:
HB272 Original: 33:18(F)(1)
HB272 Engrossed: 33:18(F)(1)
HB272 Enrolled: 33:18(F)(1)
HB272 Act : 33:18(F)(1)