SLS 10RS-97 ORIGINAL
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2010
SENATE BILL NO. 5
BY SENATOR CROWE
FUNDS/FUNDING. Corrects the name of a certain entity allocated monies from the St.
Tammany Parish Fund. (7/1/10)
AN ACT1
To amend and reenact R.S. 47:302.26(C)(2), relative to the disposition of certain collections2
in St. Tammany Parish; to correct the name of a certain entity allocated monies from3
the St. Tammany Parish Fund; to provide for an effective date; and to provide for4
related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 47:302.26(C)(2) is hereby amended and reenacted to read as follows:7
ยง302.26. Disposition of certain collections in St. Tammany Parish8
* * *9
C. Monies in the fund shall be subject to annual appropriation by the10
legislature and shall be allocated as follows:11
* * *12
(2) St. Tammany Parish Economic and Industrial Development District,13
fifteen percent.14
* * *15
Section 2. This Act shall become effective on July 1, 2010; if vetoed by the governor16
and subsequently approved by the legislature, this Act shall become effective on July 1,17 SB NO. 5
SLS 10RS-97 ORIGINAL
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
2010, or on the day following such approval by the legislature, whichever is later.1
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Jay R. Lueckel.
DIGEST
Present law deposits certain avails of the state sales tax levied on room rentals in St.
Tammany Parish into the St. Tammany Parish Fund. Allocates 85% to the St. Tammany
Parish Tourist Commission and allocates the remaining 15% to the St. Tammany Parish
Economic and Industrial Development District.
Proposed law retains present law relative to allocations, but corrects the name of the
development district from St. Tammany Parish Economic and Industrial Development
District to St. Tammany Parish Development District.
Effective July 1, 2010.
(Amends R.S. 47:302.26(C)(2))