§ 47:302.49 — Disposition of certain collections in Evangeline Parish

Louisiana § 47:302.49

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§302.49. Disposition of certain collections in Evangeline 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 Evangeline 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 "Evangeline Visitor Enterprise Fund".
B. The monies in the Evangeline Visitor Enterprise Fund shall be subject to an
annual appropriation by the legislature. 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.
C. The monies in the Evangeline Visitor Enterprise Fund shall be subject to an
annual appropriation by the legislature and shall be available for use by the Evangeline
Parish Tourist Commission for the purpose of promoting and enhancing tourism activities.

Legislative History

Acts 1999, No. 1025, §1, eff. July 1, 1999; Acts 2025, No. 384, §8(B), eff. June 20, 2025.