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Louisiana Revised Statutes Tit. 27, § 628. Sports Wagering Local Allocation Fund

Current as of January 01, 2023 | Updated by Findlaw Staff

A. There is hereby created in the state treasury a special fund to be known as the Sports Wagering Local Allocation Fund, hereafter referred to as the “fund”.

B. Monies in the fund shall be remitted monthly, by proportionate distribution, to each parish governing authority in which the taxable conduct pursuant to R.S. 27:625 occurred. The distribution associated with mobile wagering only shall be proportionate to the population percentage of each parish that approved a proposition to allow sports wagering compared to the total population of the parishes based on the latest federal decennial census.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 27, § 628. Sports Wagering Local Allocation Fund - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-27-sect-628/

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