§302.32. Disposition of certain collections in East Carroll Parish
A. The avails of the tax imposed by this Chapter from the sales of services as defined
by R.S. 47:301.3(1) in East Carroll Parish under the provisions of R.S. 47:302(C) 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 a special fund which is hereby created in the state treasury and
designated as the "East Carroll Parish Visitor Enterprise Fund".
B. The monies in the East Carroll Parish Visitor Enterprise Fund shall be subject to
annual appropriation by the legislature. 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 1997, No. 1338, §1, eff. July 1, 1997; Acts 2025, No. 384, §8(B), eff. June 20,
2025.