House Bill No. 120 proposes the creation of the Real Timbers Crime Prevention and Improvement District in Orleans Parish, establishing it as a political subdivision aimed at enhancing the beautification, security, and overall betterment of the area. The district will be governed by a seven-member board of commissioners, which includes the officers of the Real Timbers Homeowners Association and three additional members appointed from the district's residents. The bill outlines the powers and duties of the district, including the ability to sue, enter contracts, and enhance security measures within the district.

Additionally, the bill authorizes the city of New Orleans to impose a parcel fee on properties within the district, not exceeding $315 per parcel per year, subject to voter approval. This fee will be collected alongside ad valorem taxes and is intended to fund the district's initiatives. The bill also stipulates that the district's board must adopt an annual budget and will be subject to audit by the legislative auditor. If the district is dissolved, any remaining funds will be transferred to the city for continued use in promoting security and beautification in the area.