Louisiana § RS 47:302.18 - Disposition of certain collections in Lafayette Parish
Full text of Louisiana Louisiana Civil Code § RS 47:302.18 — Disposition of certain collections in Lafayette Parish, with citation guidance and answers to common questions.
§ RS 47:302.18. Disposition of certain collections in Lafayette Parish
A. The avails of the tax imposed by this Chapter for the sale of services as defined by R.S. 47:301.3(1) in Lafayette Parish under the provisions of R.S. 47:302(C) shall be credited to the Bond Security and Redemption Fund, and after a sufficient amount is allocated from that fund to pay all the obligations secured by the full faith and credit of the state which become due and payable within any fiscal year, the treasurer shall pay the remainder of such funds into the "Lafayette Parish Visitor Enterprise Fund".
B. The monies in that fund deposited pursuant to this Section shall be subject to annual appropriation by the legislature and shall be allocated equally for capital improvements for Lafayette Central Park, Inc. and planning, development, and capital improvements at or adjacent to the Cajundome as appropriated by the legislature. For the purposes of this Section, "capital improvements" shall mean expenditures for acquiring lands, buildings, equipment, or other permanent properties, or for their construction, preservation, development, or permanent improvement, or for payment of principal, interest, or premium, if any, and other obligations incident to the issuance, security, and payment of bonds or other evidences of indebtedness associated therewith.
Acts 1995, No. 757, §1, eff. July 1, 1995; Acts 2021, No. 114, §19, eff. June 7, 2021; Acts 2023, No. 44, §1; Acts 2025, No. 384, §8(B), eff. June 20, 2025.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 47:302.18
What does Louisiana Civil Code § RS 47:302.18 cover?
Section RS 47:302.18 ("Disposition of certain collections in Lafayette Parish") 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 47:302.18?
A common citation format is "Louisiana Civil Code § RS 47:302.18" (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 47:302.18 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.