House Bill No. [insert number] enacts R.S. 33:9038.81, establishing the Hotel Francis District within the town of St. Francisville. This special taxing district is created to facilitate cooperative economic development aimed at redeveloping blighted properties into a conference-style hotel and related facilities. The district will be governed by a three-member board of commissioners, including the mayor of St. Francisville and two appointees from the town's governing authority. The board will have the authority to levy taxes, issue bonds, and engage in tax increment financing to fund its objectives.

The bill outlines the district's boundaries, governance structure, and powers, including the ability to impose a hotel occupancy tax and a sales and use tax on food and beverages sold within the district. The taxes will be in addition to existing local taxes and can be levied without the need for an election. The district is set to dissolve one year after all debts are paid, with a maximum existence of forty years from the first tax levy. Additionally, any ordinances or resolutions related to the district's financial obligations must be published, allowing for a thirty-day contestation period.