House Bill No. [insert number] enacts R.S. 33:2740.70.9, establishing the Railroad Avenue Historic Cultural Economic District within the city of Jeanerette. This new district is designed to promote economic and community development, enhance property improvements, provide cultural enrichment, and create employment opportunities. The district will be governed by a board of commissioners consisting of seven voting members and one nonvoting member, with appointments made by various local authorities and organizations. The board will have the authority to adopt bylaws, manage funds, and conduct business affairs, while members will serve without compensation but may be reimbursed for expenses.

Additionally, the district is granted the power to levy a sales and use tax not exceeding one percent, contingent upon approval from the district's qualified electors. The tax revenue will be used exclusively for the district's benefit. The district may also implement tax increment financing and issue revenue bonds to finance projects aligned with its objectives. The district will dissolve one year after all debts are settled. The act will take effect upon the governor's signature or after the designated period for bills to become law without signature.