La. R.S. 47:332.19 — Disposition of certain collections in West Baton Rouge Parish

A. The avails of the tax imposed by R.S. 47:302, the avails of the tax imposed by
R.S. 47:321, and the avails of the tax imposed by R.S. 47:331 from the sales of services as
defined in R.S. 47:301.3(1) in the parish of West Baton Rouge under the provisions of R.S.
47:302(C), 321(C), 331(C), and 332, 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 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 "West Baton Rouge Parish
Visitor Enterprise Fund".
B. The monies in the West Baton Rouge Parish Visitor Enterprise Fund shall be
subject to an annual appropriation by the legislature to the parish governing authority of West
Baton Rouge Parish. The monies in the fund shall be made available exclusively for
economic development and tourism purposes, planning, development, or capital
improvements of tourism sites in the parish of West Baton Rouge. 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.
C. For purposes of this Section, "capital improvements" shall mean expenditures for
acquiring lands, buildings, equipment, or other permanent properties, or for their
construction, preservation, development, or permanent improvement, or for payment of
principal, interest, or premium, if any, and other obligations incident to the issuance, security,
and payment of bonds or other evidences of indebtedness associated therewith.
Acts 1995, No. 1309, §1, eff. July 1, 1995; Acts 1997, No. 1338, §1, eff. July 1,
1997; Acts 2012, No. 597, §3, eff. July 1, 2012; Acts 2025, No. 384, §8(B), eff. June 20,
2025.