§ 47:302.17 — Disposition of certain collections in Tangipahoa Parish

Louisiana § 47:302.17

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§302.17. Disposition of certain collections in Tangipahoa Parish
A. The avails of the tax imposed by this Chapter from the sales of services as defined
in R.S. 47:301.3(1) in Tangipahoa 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
"Tangipahoa Parish Tourist Commission Fund".
B. The monies in the Tangipahoa Parish Tourist Commission Fund shall be subject
to annual appropriations by the legislature. The monies in the fund shall be available
exclusively for use by the Tangipahoa Parish Tourist Commission. All unexpended and
unencumbered 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 1995, No. 664, §1, eff. July 1, 1995; Acts 2025, No. 384, §8(B), eff. June 20, 2025.