This bill amends existing Louisiana law regarding the sales and use tax proceeds from events held at the Angola State Penitentiary Prison Rodeo. Specifically, it modifies the allocation of local tax proceeds derived from these events. The bill changes the percentage of proceeds allocated to the West Feliciana Parish School Board from sixty-six percent to twenty percent, while the allocation to the West Feliciana Council on Aging increases from thirty-four percent to eighty percent.

Additionally, the bill clarifies the language surrounding the disposition of local tax proceeds from event sales at state-owned facilities, ensuring consistency in terminology. The introductory paragraph of R.S. 39:467(B)(3) is updated to reflect this change, reinforcing the focus on state-owned domed facilities. Overall, the bill aims to adjust the financial distribution of tax proceeds to better support local entities.

Statutes affected:
HB77 Original: 39:467(B)(3), 39:468(E)(3)
HB77 Engrossed: 39:467(B)(3), 39:468(E)(3)
HB77 Enrolled: 39:467(B)(3), 39:468(E)(3)
HB77 Act : 39:467(B)(3), 39:468(E)(3)