House Bill No. by Representative Newell amends R.S. 33:9091.23(G) to enhance the funding mechanisms for the Faubourg Marigny Security and Improvement District in Orleans Parish. The bill allows the governing authority of the city of New Orleans to levy a sales tax and a hotel occupancy tax within the district, both not to exceed 2%, contingent upon voter approval. The sales tax will apply to various transactions involving tangible personal property and services, while the hotel occupancy tax will be imposed on the rent or fee charged for hotel room occupancy. The bill outlines the procedures for imposing these taxes, including the requirement for a resolution or ordinance to be adopted following voter approval.

Additionally, the bill deletes the term "contributions" and replaces it with "funding," reflecting a shift in terminology regarding the district's financial support. It retains existing provisions related to parcel fees for residential and commercial properties while introducing the new tax measures. The effective date for these changes is set for July 1, 2026. Overall, the bill aims to bolster the district's financial resources to promote security and quality of life initiatives for its residents.

Statutes affected:
HB483 Original: 33:23(G)