House Bill No. [insert number] enacts R.S. 33:2740.70.9, establishing the Greater St. Martinville Economic Development District within the city of St. Martinville. The bill outlines the district's purpose, which includes promoting economic and community development, enhancing property improvement, providing cultural enrichment, and improving infrastructure. The district's boundaries are defined to include specific areas within the city, such as Main Street, the neighborhood of Ledoux, and the historic city square. Governance of the district will be managed by a board of commissioners composed of various appointed members, including representatives from local authorities and the mayor.

Additionally, the bill grants the district the authority to levy a sales and use tax not exceeding one percent, contingent upon voter approval. The district may also implement tax increment financing and issue revenue bonds to support its projects. 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 a signature.