§302.6. Disposition of certain collections in Avoyelles 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) in Avoyelles Parish under the provisions of this Chapter 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
"Avoyelles Parish Visitor Enterprise Fund".
B. The monies in the Avoyelles Parish Visitor Enterprise Fund shall be subject to
annual appropriations by the legislature. The monies in the fund shall be available
exclusively for tourism purposes, economic development purposes, and for capital
improvements and purchases in Avoyelles Parish. All unexpended and unencumbered
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.
Acts 1992, No. 983, §1, eff. for taxable periods on or after July 1, 1993; Acts 1995,
No. 24, §1, eff. May 25, 1995; Acts 2025, No. 384, §8(B), eff. June 20, 2025.