§ 47:302.22 — Acadia Parish Visitor Enterprise Fund

Louisiana § 47:302.22

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§302.22. Acadia Parish Visitor Enterprise Fund
A. The avails of the tax imposed for the sale of services as defined by R.S.
47:301.3(1) in Acadia Parish under the provisions of R.S. 47:302(C), 321(C), and 331(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 "Acadia Parish Visitor Enterprise Fund".
B. The monies in the Acadia Parish Visitor Enterprise Fund shall be subject to an
annual appropriation by the legislature and shall be available to the Acadia Parish
Convention and Visitors Commission to be used to promote tourism and economic
development in Acadia Parish. 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 1995, No. 784, §1; Acts 1997, No. 1338, §1, eff. July 1, 1997; Acts 2008, No. 322, §1, eff. July 1, 2008; Acts 2025, No. 384, §8(B), eff. June 20, 2025.