House Bill No. [insert bill number] proposes the creation of the Allen Parish Economic Development District, which will serve as a political subdivision aimed at fostering economic and community development within Allen Parish. The bill outlines the district's boundaries, governance structure, and powers, including the establishment of a five-member board of commissioners composed of local leaders and representatives. The district will have the authority to levy a hotel occupancy tax not exceeding 3% to fund its activities, with all collected funds dedicated to benefiting the district.

Additionally, the bill repeals existing provisions related to the Allen Parish Tourist Commission, effectively abolishing it and transferring any remaining funds and property to the newly created Economic Development District. The funds will be held in a separate account and utilized for attracting conventions and tourists to the area. The proposed law emphasizes the district's role in enhancing local infrastructure, employment opportunities, and overall community welfare while ensuring transparency and accountability through required public hearings and budget audits.

Statutes affected:
HB247 Original: 33:4574(B)(3), 33:1(A)(3)