§ 47:302.47 — Disposition of certain collections in East Feliciana Parish

Louisiana § 47:302.47

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§302.47. Disposition of certain collections in East Feliciana Parish
A. The avails of the tax imposed by this Chapter from the sales of services as defined
by R.S. 47:301.3(1) in East Feliciana 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 "East Feliciana Tourist Commission Fund".
B. The monies in the East Feliciana Tourist Commission Fund shall be subject to an
annual appropriation by the legislature. The monies in the fund shall be utilized exclusively
for economic development and tourism-related expenses in the parish of East Feliciana. All
unexpended and unencumbered monies remaining in the fund at the end of the fiscal year
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. 1319, §1, eff. July 1, 1997; Acts 2025, No. 384, §8(B), eff. June 20, 2025.