SUBPART J. LOUISIANA SUPERDOME FUND
§100.26. Louisiana Superdome Fund; purpose
A. There is hereby created in the state treasury, as a special fund, the "Louisiana
Superdome Fund", hereinafter referred to in this Section as the "fund".
B. Notwithstanding any provision of law to the contrary, the proceeds received by
the state from the final disposition of the following pending matters: Jazz Casino Company,
LLC v. Secretary, Department of Revenue, State of Louisiana, 19th JDC, Docket No.
597,371; Jazz Casino Company, LLC v. Secretary, Department of Revenue, State of
Louisiana, 19th JDC, Docket 622,075; Jazz Casino Company, LLC v. Secretary, Department
of Revenue, State of Louisiana, BTA Docket 9562D; JCC Fulton Development, LLC v.
Secretary, Department of Revenue, State of Louisiana, 19th JDC, Docket No. 597,372; JCC
Fulton Development, LLC v. Secretary, Department of Revenue, State of Louisiana, 19th
JDC, Docket No. 622,076; JCC Fulton Development, LLC v. Secretary, Department of
Revenue, State of Louisiana, BTA Docket No. 9562D; and Secretary, Department of
Revenue, State of Louisiana v. Jazz Casino Company, LLC and JCC Fulton Development,
LLC, 19th JDC, Docket No. 670,597 (hereinafter the "Jazz Casino Litigation"), shall be
deposited into the fund. No proceeds shall be deposited into the fund resulting from the Jazz
Casino Litigation that are attributable to outstanding debt secured by and payable from such
proceeds, court costs, or attorney fees.
C. Monies in the fund shall be invested in the same manner as monies in the state
general fund. Interest earned on investment of monies in the fund shall be credited to the
fund. Unexpended and unencumbered monies in the fund at the end of the fiscal year shall
remain in the fund.
D. Monies in the fund may be used to partially defray the cost of upgrades to certain
state facilities or for operational costs by the Louisiana Stadium and Exposition District.
Acts 2021, No. 114, §8, eff. June 7, 2021; Acts 2021, No. 448, §1, eff. June 30, 2021.