House Bill No. by Representative Freiberg seeks to repeal the authority of certain parishes in Louisiana to distribute sales and use tax revenue collected from admission tickets to specific events. The bill specifically targets R.S. 33:2740.70.8, which currently allows parish governing authorities to allocate this tax revenue to event promoters under certain conditions, including a population threshold of over 450,000 and specific venue requirements.
The proposed law eliminates the existing provisions that permit these financial distributions, effectively removing the ability of qualifying parishes to use sales tax revenue from ticket sales in this manner. This legislative change aims to streamline tax revenue management and potentially redirect funds to other uses within the parishes.
Statutes affected: HB273 Original: