DISTRICTS/TAXING: Provides relative to the creation of and levy of taxes by certain special districts (OR SEE FISC NOTE LF RV)

This bill establishes a new requirement for economic development districts in Louisiana that initially imposed taxes without any residents living within their boundaries. It mandates that if at least 30 qualified voters move into such a district, the tax must be renewed through a special election if requested by at least 15% of those residents. The law also restricts the district from issuing new debt funded by these taxes until after the election results are confirmed, ensuring that current residents have a direct say in continuing the levy. Ultimately, the measure gives new residents the power to approve or terminate the tax, with the exception that any existing debt must still be paid off using the collected funds.