Modifies provisions allowing the establishment of a theater, cultural arts, and entertainment district

HB 420 repeals an existing Missouri law and establishes a new legal framework for creating theater, cultural arts, and entertainment districts in qualifying areas. It allows counties and cities meeting specific population thresholds (e.g., 250,000-350,000 residents) or geographic criteria (like bordering lakes with 1,000+ miles of shoreline) to form these districts. The bill defines key terms and designates the new provisions as the "Theater, Cultural Arts, and Entertainment District Act." This change directly affects local governments in qualifying jurisdictions by enabling them to establish such districts under the new rules.