House Bill No. [insert bill number] proposes the creation of the Faubourg Nouveau Marigny Improvement District in Orleans Parish, establishing it as a political subdivision aimed at promoting the beautification and overall betterment of the Faubourg Nouveau Marigny neighborhood. The district will be governed by a five-member board of commissioners, which includes the president and vice president of the New Marigny Neighborhood Association and three members elected by district residents. Elected members will serve staggered two-year terms, and the board will have the authority to adopt bylaws, enter contracts, and manage funds for various improvement projects.

The bill also authorizes the city of New Orleans to impose a parcel fee within the district, subject to voter approval, with specific fee structures for different types of parcels. The fees collected will be used exclusively for the district's purposes, and the bill outlines the collection process, including enforcement measures similar to those for ad valorem taxes. Additionally, the district will be required to adopt an annual budget and will be subject to audits. If the district ceases to exist, all funds will be transferred to the city for continued beautification efforts in the area. The act will take effect upon the governor's signature or after the designated time for gubernatorial action.