HLS 15RS-210 ORIGINAL 2015 Regular Session HOUSE BILL NO. 127 BY REPRESENTATIVE PRICE FUNDS/FUNDING: Changes permitted uses of monies in the St. James Parish Enterprise Fund 1 AN ACT 2To amend and reenact R.S. 47:332.23(B), relative to the St. James Parish Enterprise Fund; 3 to specify the recipient of monies from the fund; to provide for use of monies 4 appropriated from the fund; to provide for an effective date; and to provide for 5 related matters. 6 Notice of intention to introduce this Act has been published 7 as provided by Article III, Section 13 of the Constitution of 8 Louisiana. 9Be it enacted by the Legislature of Louisiana: 10 Section 1. R.S. 47:332.23(B) is hereby amended and reenacted to read as follows: 11 ยง332.23. Disposition of certain collections in St. James Parish 12 * * * 13 B. The monies in the St. James Parish Enterprise Fund shall be subject to an 14 annual appropriation by the legislature. The monies in the fund shall be available for 15 use by the governing authority of St. James Parish exclusively to promote tourism 16 and economic development related activities and for acquisition of land and 17 acquisition, and/or construction, maintenance, and repair of buildings and parking 18 areas for use as the St. James Convention Facility or the St. James Parish Tourist 19 Information Welcome Center, and other multipurpose buildings, including an 20 agricultural arena and farmer's market. Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 15RS-210 ORIGINAL HB NO. 127 1 Section 2. This Act shall become effective on July 1, 2015; if vetoed by the governor 2and subsequently approved by the legislature, this Act shall become effective on July 1, 32015, or on the day following such approval by the legislature, whichever is later. 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 127 Original 2015 Regular Session Price Abstract: Specifies that monies in the St. James Parish Enterprise Fund shall be appropriated to the St. James Parish governing authority and broadens the purposes for which the fund may be used. Present law dedicates the state sales tax collected on the rental of hotel rooms in St. James Parish to the St. James Parish Enterprise Fund (the fund). Monies in the fund shall be available exclusively for the St. James Convention Facility and other multipurpose buildings, including an agricultural arena and farmer's market. Proposed law specifies that monies in the fund shall be available for use by the St. James Parish governing authority and expands the permitted use of the monies in the fund to include the promotion of tourism and economic development related activities. Proposed law adds the St. James Parish Tourist Information Welcome Center to the buildings for which monies in the fund may be available and authorizes the monies in the fund to be used for the maintenance and repair of parking areas for the Convention Facility and the Tourist Information Welcome Center. Effective July 1, 2015. (Amends R.S. 47:332.23(B)) Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.