§ 47:302.38 — Disposition of certain collections in Jefferson Davis Parish

Louisiana § 47:302.38

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§302.38. Disposition of certain collections in Jefferson Davis 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 Jefferson Davis 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 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 "Jefferson Davis Parish Visitor Enterprise Fund".
B. The monies in the Jefferson Davis Parish Visitor Enterprise Fund shall be subject
to an annual appropriation by the legislature and shall be available for use by the Jefferson
Davis Parish Tourist Commission for the purpose of promoting and enhancing tourism
activities, and for all other activities consistent with the authorized mission of such
commission. 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 1997, No. 1289, §1, eff. July 1, 1997; Acts 2025, No. 384, §8(B), eff. June 20, 2025.