§ 39:100.54 — Louisiana Tourism Revival Fund

Louisiana § 39:100.54

• Jurisdiction: Louisiana
• Title 39: Procurement and Contract

Text

§100.54. Louisiana Tourism Revival Fund
A. There is hereby created in the state treasury, as a special fund, the Louisiana
Tourism Revival Fund, hereinafter referred to in this Section as the "fund". The treasurer is
hereby authorized and directed to transfer seventy-seven million five-hundred thousand
dollars from the Louisiana Rescue Plan Fund into the fund.
B. All unexpended and unencumbered monies in the fund at the end of the fiscal year
shall remain in the fund. Monies in the fund shall be invested in the same manner as monies
in the state general fund. Interest earned on the investment of monies in the fund shall be
deposited in and credited to the fund.
C. Monies in the fund shall be utilized to support the efforts of state, local, and
regional tourism entities to revive tourism in Louisiana by investing in programs focused on
marketing and promoting Louisiana as a destination for in-state and out-of-state travel
activity.
D. Monies in the fund shall be distributed as follows: sixty million dollars shall be
used for the Louisiana Tourism Revival Program as provided for in R.S. 39:100.55, and
seventeen million five-hundred thousand dollars shall be appropriated to the Department of
Culture, Recreation and Tourism for the Marketing Program.

Legislative History

Acts 2021, No. 410, §1, eff. June 17, 2021.