SLS 23RS-296 ORIGINAL
2023 Regular Session
SENATE BILL NO. 101
BY SENATOR CORTEZ
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
FUNDS/FUNDING. Provides for the distribution of funds from the Lafayette Parish Visitor
Enterprise Fund. (7/1/23)
1 AN ACT
2 To amend and reenact R.S. 47:302.18(B), relative to disposition of certain collections in
3 Lafayette Parish; to provide for the use of monies in the fund; to provide for an
4 effective date; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 47:302.18(B) is hereby amended and reenacted to read as follows:
7 ยง302.18. Disposition of certain collections in Lafayette Parish
8 * * *
9 B. The monies in that fund deposited pursuant to this Section shall be subject
10 to annual appropriation by the legislature and shall be used for planning,
11 development, and capital improvements at or adjacent to the Cajundome site and
12 operating costs of the Cajundome. For the purposes of this Section, "capital
13 improvements" shall mean expenditures for acquiring lands, buildings, equipment,
14 or other permanent properties, or for their construction, preservation, development,
15 or permanent improvement, or for payment of principal, interest, or premium, if any,
16 and other obligations incident to the issuance, security, and payment of bonds or
17 other evidences of indebtedness associated therewith.
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 101
SLS 23RS-296 ORIGINAL
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Tracy Sabina Sudduth.
DIGEST
SB 101 Original 2023 Regular Session Cortez
Present law provides that the sales tax imposed in Lafayette Parish shall be credited to the
Bond Security and Redemption Fund and after all indebtedness has been paid the remainder
of the funds shall be allocated to the Lafayette Parish Visitor Enterprise Fund.
Present law provides the monies in the Lafayette Parish Visitor Enterprise Fund shall be
subject to annual appropriation by the legislature and provides for certain allocations.
Present law provides that monies in the fund shall be used for planning, development, and
capital improvements at or adjacent to the Cajundome and operating costs of the Cajundome.
Proposed law provides that monies in the fund shall be used only for planning, development,
and capital improvements at or adjacent to the Cajundome.
Effective July 1, 2023.
(Amends R.S. 47:302.18(B))
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.