§ 47:302.56 — Disposition of certain collections in Orleans Parish

Louisiana § 47:302.56

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§302.56. Disposition of certain collections in Orleans 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) collected from hotels as defined in R.S. 47:301(6)(b) in Orleans 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 "New Orleans Quality of
Life Fund".
B. The monies in the New Orleans Quality of Life Fund shall be subject to 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 into the state general fund.
C. Monies appropriated from the fund shall be available for use by the city of New
Orleans for code enforcement by the City of New Orleans Short Term Rental Administration.

Legislative History

Acts 2017, No. 333, §1, eff. July 1, 2017; Acts 2025, No. 384, §8(B), eff. June 20, 2025.