§ 47:322.15 — Disposition of certain collections in St. Charles, St. John the Baptist, and St. James

Louisiana § 47:322.15

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§322.15. Disposition of certain collections in St. Charles, St. John the Baptist, and St. James
Parishes
A. The avails of the tax imposed by R.S. 47:321 from the sales of services as defined
in R.S. 47:301.3(1) in St. Charles, St. John the Baptist, and St. James Parishes under the
provisions of R.S. 47:321(C) and 322, as applicable, 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 "River Parishes
Convention, Tourist, and Visitors Commission Fund".
B. The monies in the River Parishes Convention, Tourist, and Visitors Commission
Fund shall be subject to annual appropriation by the legislature. The monies in the fund shall
be available exclusively for use by the River Parishes Convention, Tourist, and Visitors
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 in 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.