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Rs 47:322.49 Disposition Of Certain Collections In Orleans Parish

§322.49. Disposition of certain collections in Orleans Parish

Notwithstanding the provisions of R.S. 47:322.38, the avails of the tax imposed by

R.S. 47:321 from the sales of services as defined in R.S. 47:301(14)(a) collected from hotels

as defined in R.S. 47:301(6)(a)(ii) in Orleans Parish under the provisions of R.S. 47:321(C)

and 322, 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 of 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 the New Orleans Quality of Life Fund

as provided in and subject to the provisions of R.S. 47:302.56.

Acts 2017, No. 333, §1, eff. July 1, 2017.

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Local Government
Louisiana
3
8
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John Bel Edwards
John Bel Edwards
January 11, 2016 -
Democratic
1-225-342-4404
900 North 3rd Street, Baton Rouge, LA, 70802

Keywords
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fund
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credit
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disposition
allocated
obligations