House Bill No. [insert bill number] proposes the establishment of the Delmont Economic Development District in East Baton Rouge Parish, which will function as a political subdivision of the state. The bill delineates the district's boundaries, encompassing various streets and properties within the Delmont Place and Hollywood subdivisions. It aims to promote economic development in the area by providing a governance structure led by a seven-member board of commissioners, appointed by local government officials, who will serve staggered terms ranging from one to four years.

The bill also empowers the district to levy a sales and use tax and a hotel occupancy tax, each not exceeding 1%, to support its financial needs. These taxes will remain in effect for twenty years unless there are outstanding debts, in which case they will continue until those obligations are fulfilled. Furthermore, the district is granted the authority to enter contracts, acquire property, and issue bonds, as well as tax increment finance authority, to facilitate funding for various economic improvement projects, thereby enhancing the local economic landscape and community infrastructure.