Louisiana § 47:332.20 Disposition of certain collections in St. Landry Parish

Louisiana Statutes

§ 47:332.20 — Disposition of certain collections in St. Landry Parish

Louisiana § 47:332.20

Title 47Revenue and Taxation

This text of Louisiana § 47:332.20 (Disposition of certain collections in St. Landry Parish) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 47:332.20 (2026).

Text

§332.20. Disposition of certain collections in St. Landry Parish

A.The avails of the tax imposed by R.S. 47:302, the avails of the tax imposed by R.S. 47:321, and the avails of the tax imposed by R.S. 47:331 from the sales of services as defined in R.S. 47:301.3(1) in the parish of St. Landry under the provisions of R.S. 47:302(C), 321(C), 322, 331(C), and 332, 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 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 "St. Landry Parish Historical De

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§332.20. Disposition of certain collections in St. Landry Parish
A. The avails of the tax imposed by R.S. 47:302, the avails of the tax imposed by
R.S. 47:321, and the avails of the tax imposed by R.S. 47:331 from the sales of services as
defined in R.S. 47:301.3(1) in the parish of St. Landry under the provisions of R.S.
47:302(C), 321(C), 322, 331(C), and 332, 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 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 "St. Landry
Parish Historical Development Fund No. 1". All unexpended and unencumbered monies 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. The monies in the fund shall
be used solely as provided by Subsection B of this Section and only in the amounts
appropriated by the legislature.
B. The monies in the St. Landry Parish Historical Development Fund No. 1 shall be
subject to an annual appropriation by the legislature. An amount equal to the avails of the tax
imposed by R.S. 47:302 shall be allocated exclusively for renovation, repair, reconstruction,
maintenance, or for payment of principal, interest, or premium, if any, and other obligations
incident to the issuance, security, and payment of bonds or other evidences of indebtedness,
all related to the improvement and/or preservation of the Old City Hall - City Market in
Opelousas; operations of the Delta Grand Theatre in Opelousas; operations, upgrades, and
maintenance of City of Opelousas Parks and Recreation; improvement, preservation, and
operation of the Liberty Theatre in Eunice; and any other related tourism activities in St.
Landry Parish. An amount equal to the avails of the tax imposed by R.S. 47:321 and 331
shall be allocated to the St. Landry Parish Tourist Commission for use exclusively in
planning, development, or capital improvements of tourism sites in the parish of St. Landry.

Legislative History

Acts 1995, No. 1309, §1, eff. July 1, 1995; Acts 2001, No. 221, §1, eff. July 1, 2001; Acts 2007, No. 189, §1, eff. June 27, 2007; Acts 2012, No. 576, §2, eff. July 1, 2012; Acts 2021, No. 284, §1, eff. June 14, 2021; Acts 2025, No. 384, §8(B), eff. June 20, 2025.