Louisiana 2015 2015 Regular Session

Louisiana House Bill HB12 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 12 Engrossed	2015 Regular Session	Brown
Abstract:  Dedicates the avails of the state sales tax collected on hotel rooms in Grant Parish to the
Grant Parish Economic Development Fund.
Proposed law creates the Grant Parish Economic Development Fund as a special fund in the state
treasury.  Dedicates all 3.97% of the state sales tax levied on the furnishing of sleeping rooms
collected in Grant Parish to the Grant Parish Economic Development Fund to be used exclusively
for promoting tourism in Grant Parish.
Effective July 1, 2015.
(Adds R.S. 47:302.55, 322.48, and 332.54)