§ 47:302.11 — Disposition of certain collections in St. Charles Parish

Louisiana § 47:302.11

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§302.11. Disposition of certain collections in St. Charles Parish
A. The avails of the tax imposed by R.S. 47:302 from the sale of services as defined
in R.S. 47:301.3(1) in St. Charles Parish under the provisions of R.S. 47:302(C) shall be
credited to the Bond Security and Redemption Fund, and after a sufficient amount is
allocated from that fund to pay all the obligations secured by the full faith and credit of the
state which become due and payable within any fiscal year, the treasurer shall pay the
remainder of such funds into a special fund which is hereby created in the state treasury and
designated as the "St. Charles Parish Enterprise Fund".
B. The monies in the St. Charles Parish Enterprise Fund shall be subject to an annual
appropriation by the legislature. The monies in the fund shall be available to the St. Charles
Parish Council to fund the development of tourism and other economic growth projects
within the parish of St. Charles. All unexpended and unencumbered monies in the fund shall
remain in the fund. The monies in the fund shall be invested by the treasurer in the same
manner as the monies in the state general fund, and all interest earned shall be deposited into
the state general fund.

Legislative History

Acts 1993, No. 413, §1, eff. July 1, 1993; Acts 2025, No. 384, §8(B), eff. June 20, 2025.