2009 Louisiana Laws TITLE 47 Revenue and taxation :: RS 47:332.15 Disposition of certain collections in st. helena parish

§332.15.  Disposition of certain collections in St. Helena 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(14)(a) in the parish of St. Helena under the provisions of R.S. 47:302(C), 321(C), 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. Helena Parish Tourist Commission Fund".

B.  The monies in the St. Helena Parish Tourist Commission Fund shall be subject to an annual appropriation by the legislature.  The monies in the fund shall be available exclusively for use by the St. Helena Parish Tourist 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.

Acts 1995, No. 939, §1, eff. July 1, 1995; Acts 1997, No. 1338, §1, eff. July 1, 1997.