Louisiana Creates Hotel Francis District, Authorizes Hotel Occupancy, Food and Beverage Sales Tax

The Louisiana Governor signed a law creating the Hotel Francis District in the town of St. Francisville. The law includes: 1) authorizing the district to levy a tax on the occupancy of hotel rooms within the district not to exceed a certain rate; 2) authorizing the district to levy a tax on purchases of food and beverages not intended for home consumption sold within the district not to exceed a certain rate; and 3) authorizing the district to pledge the tax increments collected to finance a hotel and related facilities within the district in furtherance of the purposes of the ...