Louisiana § 47:302.26 Disposition of certain collections in St. Tammany Parish

Louisiana Statutes

§ 47:302.26 — Disposition of certain collections in St. Tammany Parish

Louisiana § 47:302.26

Title 47Revenue and Taxation

This text of Louisiana § 47:302.26 (Disposition of certain collections in St. Tammany 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. § 47:302.26 (2026).

Text

§302.26. Disposition of certain collections in St. Tammany Parish

A.The avails of the tax imposed by this Chapter from the sale of services as defined in R.S. 47:301.3(1) in St. Tammany Parish under this Chapter 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. Tammany Parish Fund".

B.The monies in the St. Tammany Parish Fund shall be subject to annual appropriations by the legislature. The monies in the fund shall be available exclusively for use as

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§302.26. Disposition of certain collections in St. Tammany Parish
A. The avails of the tax imposed by this Chapter from the sale of services as defined
in R.S. 47:301.3(1) in St. Tammany Parish under this Chapter 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. Tammany
Parish Fund".
B. The monies in the St. Tammany Parish Fund shall be subject to annual
appropriations by the legislature. The monies in the fund shall be available exclusively for
use as provided in this Section. 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.
C. Beginning Fiscal Year 2012-2013, monies in the fund shall be subject to annual
appropriation by the legislature and shall be allocated as follows:
(1) St. Tammany Parish Tourist and Convention Commission, twenty-five percent.
(2) St. Tammany Parish Development District, forty-five percent.
(3) Harbor Center District, nine percent.
(4) Recreation District No. 1 of St. Tammany Parish, nine percent.
(5)(a) St. Tammany Parish Government, twelve percent.
(b) The twelve percent allocation as provided for in Subparagraph (a) of this
Paragraph shall be dedicated solely and exclusively for improvements, operations, and
maintenance of Camp Salmen Nature Park, the East St. Tammany Fishing Pier and
Tammany Trace, distributed each year in amounts within the sole discretion of the St.
Tammany Parish Government.

Legislative History

Acts 1995, No. 939, §1, eff. July 1, 1995; Acts 1999, No. 1380, §1, eff. July 1, 1999; Acts 2006, No. 658, §1, eff. July 1, 2006; Acts 2012, No. 465, §1, eff. July 1, 2012; Acts 2018, No. 661, §2A; Acts 2019, No. 182, §2; Acts 2025, No. 384, §8(B), eff. June 20, 2025.