§ 47:302.35 — Disposition of certain collections in Jackson Parish

Louisiana § 47:302.35

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§302.35. Disposition of certain collections in Jackson Parish
A. The avails of the tax imposed on the sales of services as defined by R.S.
47:301.3(1) in Jackson 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 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 "Jackson Parish Economic Development and Tourism Fund".
B. The monies in the Jackson Parish Economic Development and Tourism Fund
shall be subject to annual appropriation by the legislature to the governing authority of
Jackson Parish. The monies in the fund shall be used by the Jackson Parish Tourism
Commission for economic development and tourism related purposes. 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.

Legislative History

Acts 1997, No. 1338, §1, eff. July 1, 1997; Acts 2025, No. 384, §8(B), eff. June 20, 2025.