House Bill No. [insert number] aims to establish the Shreveport I-20 Economic Development District within the city of Shreveport. The bill outlines the district's boundaries, governance structure, and its purpose, which includes promoting economic and community development, enhancing property improvements, and improving infrastructure. The district will be governed by a five-member board of commissioners, with appointments made by local legislative representatives and chambers of commerce. The board will have the authority to adopt bylaws, manage finances, and conduct public hearings regarding development plans.
The bill specifies that the district will not have the power to levy taxes or make decisions regarding the planning of the I-49 inner city connector or Amtrak high-speed rail. It also mandates that the district's operations be subject to audit and establishes a timeline for the provisions to remain effective until August 1, 2029. Additionally, the bill includes provisions for the exclusion of certain existing pathways from the district's boundaries, ensuring that specific areas are not included in the economic development efforts.