Louisiana § 47:302.23 Disposition of certain collections in Vermilion Parish

Louisiana Statutes

§ 47:302.23 — Disposition of certain collections in Vermilion Parish

Louisiana § 47:302.23

Title 47Revenue and Taxation

This text of Louisiana § 47:302.23 (Disposition of certain collections in Vermilion Parish) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 47:302.23 (2026).

Text

§302.23. Disposition of certain collections in Vermilion Parish A. The avails of the tax imposed by this Chapter for the sale of services as defined by R.S. 47:301.3(1) in Vermilion Parish under the provisions of R.S. 47:302(C) shall be credited to the Bond Security and Redemption Fund as provided in Article VII, Section 9(B) of the Constitution of Louisiana, and after a sufficient amount is allocated from that fund to pay all of 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 "Vermilion Parish Visitor Enterprise Fund". B.

(1)The monies in the Vermilion Parish Visitor Enterprise Fun

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§302.23. Disposition of certain collections in Vermilion Parish
A. The avails of the tax imposed by this Chapter for the sale of services as defined
by R.S. 47:301.3(1) in Vermilion Parish under the provisions of R.S. 47:302(C) shall be
credited to the Bond Security and Redemption Fund as provided in Article VII, Section 9(B)
of the Constitution of Louisiana, and after a sufficient amount is allocated from that fund to
pay all of 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 "Vermilion
Parish Visitor Enterprise Fund".
B.(1) The monies in the Vermilion Parish Visitor Enterprise Fund shall be subject
to annual appropriation by the legislature and shall be allocated to the Acadian Heritage and
Cultural Foundation, Inc., city of Kaplan for the Kaplan Museum, the Gueydan Museum, Le
Bayou Legendire Cultural Center, Les Chrétien's, Inc., Acadian Centre Acadien, Inc., the
Abbeville Cultural and Historical Alliance, the city of Abbeville for the Sam Guarino & Son
Blacksmith Shop Museum, and the Louisiana Military Hall of Fame and Museum, and to the
village of Maurice for the Maurice Historical Preservation Society such that each entity
receives an equal share of the monies. Monies shall be allocated only to a public or
quasi-public entity of the state of Louisiana. For the purposes of this Section, "quasi-public
entity" shall mean an entity that is recognized as a tax-exempt organization under the
provisions of the Internal Revenue Code. In addition, quasi-public entities shall demonstrate
that the entity is in good standing with the Louisiana secretary of state; public entities shall
demonstrate compliance with audit requirements provided by law. In the event that any
entity above ceases to exist, any unexpended and unencumbered monies allocated to that
entity shall be distributed equally among the remaining entities.
(2) 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 in the state general fund.
C. Repealed by Acts 2007, No. 397, §2, eff. July 1, 2007.

Legislative History

Acts 1995, No. 817, §1, eff. July 1, 1995; Acts 1998, 1st Ex. Sess., No. 166, §1, eff. July 1, 1998; Acts 2003, No. 19, §1, eff. July 1, 2003; Acts 2006, No. 658, §2; Acts 2007, No. 174, §1, eff. July 1, 2007; Acts 2007, No. 397, §1, eff. July 1, 2007; Acts 2008, No. 428, §1, eff. June 21, 2008; Acts 2009, No. 226, §2, eff. July 1, 2009; Acts 2025, No. 384, §8(B), eff. June 20, 2025.