Louisiana § RS 27:241.1 - Minimum compensation payments; effective March 31, 2001; payments beginning August 1, 2022
Full text of Louisiana Louisiana Civil Code § RS 27:241.1 — Minimum compensation payments; effective March 31, 2001; payments beginning August 1, 2022, with citation guidance and answers to common questions.
§ RS 27:241.1. Minimum compensation payments; effective March 31, 2001; payments beginning August 1, 2022
A. Notwithstanding the provisions of R.S. 27:241(C) or any other law to the contrary, effective midnight March 31, 2001, the minimum compensation to be paid by the casino operator to the Louisiana Gaming Control Board shall be the greater of: (i) eighteen and one-half percent of gross revenues or (ii) fifty million dollars for the casino fiscal year April 1, 2001 through March 31, 2002, sixty million dollars for the casino fiscal year April 1, 2002 through March 31, 2022, and sixty-five million dollars for the casino year April 1, 2022, and for each casino fiscal year thereafter. Such amount shall be allocated as provided in R.S. 27:270(A)(3)(b).
B.(1) In addition to any existing obligation to remit to the Louisiana Gaming Control Board any fees or compensation, including compensation paid to the state pursuant to the provisions of this Section, beginning on August 1, 2019, and concluding July 31, 2054, the casino operator shall annually pay to the state the sum of money set forth in Paragraph (2) of this Subsection which shall be used solely for the purpose of providing funding to the Louisiana Cancer Research Center of the LSU Health Sciences Center in New Orleans/Tulane Health Sciences Center.
(2)(a) Except as provided in Subparagraph (b) of this Paragraph, beginning on October 1, 2019, the payment required by Paragraph (1) of this Subsection shall be equal to three million four hundred thousand dollars.
(b) Beginning on August 1, 2024, the amount set forth in Subparagraph (a) of this Paragraph shall be adjusted by a rate that is the lesser of two percent or the Consumer Price Index, United States city average for all urban customers (CPI-U), as prepared by the United States Department of Labor, Bureau of Labor Statistics for the two calendar years immediately preceding the adjustment, with adjustments being made to this amount in the same manner every two years thereafter.
C. Beginning in casino fiscal year April 1, 2022, and each casino fiscal year thereafter, in addition to any existing obligation to remit to the Louisiana Gaming Control Board any fees or compensation, including compensation paid to the Louisiana Gaming Control Board pursuant to the provisions of this Section, the casino operator shall annually pay to the Louisiana Gaming Control Board an annual license payment of three million dollars, of which five hundred thousand dollars shall be deposited in and credited to the Compulsive and Problem Gaming Fund established in R.S. 28:842.
Acts 2001, 1st Ex. Sess., No. 1, §2, eff. Mar. 21, 2001; Acts 2019, No. 171, §1.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 27:241.1
What does Louisiana Civil Code § RS 27:241.1 cover?
Section RS 27:241.1 ("Minimum compensation payments; effective March 31, 2001; payments beginning August 1, 2022") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 27:241.1?
A common citation format is "Louisiana Civil Code § RS 27:241.1" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 27:241.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.