§628. Sports Wagering Local Allocation Fund

            A. There is hereby created in the state treasury a special fund to be known as the Sports Wagering Local Allocation Fund, hereafter referred to as the "fund".

            B. Monies in the fund shall be remitted monthly, by proportionate distribution, to each parish governing authority in which the taxable conduct pursuant to R.S. 27:625 occurred. The distribution shall be proportionate to the population percentage of each parish that approved a proposition to allow sports wagering compared to the total population of such parishes based on the latest federal decennial census.

            Acts 2021, No. 435, §1, eff. June 21, 2021; Acts 2022, No. 266, §1, eff. July 1, 2022.