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La. Rev. Stat. § 39:100.53 Granting Unserved Municipalities Broadband Opportunities Fund
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§100.53. Granting Unserved Municipalities Broadband Opportunities Fund A. There is hereby created in the state treasury, as a special fund, the Granting Unserved Municipalities Broadband Opportunities (GUMBO) Fund, hereinafter referred to in this Section as the "fund". The treasu…
La. Rev. Stat. § 39:100.54 Louisiana Tourism Revival Fund
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§100.54. Louisiana Tourism Revival Fund A. There is hereby created in the state treasury, as a special fund, the Louisiana Tourism Revival Fund, hereinafter referred to in this Section as the "fund". The treasurer is hereby authorized and directed to transfer seventy-seven millio…
La. Rev. Stat. § 39:100.55 Louisiana Tourism Revival Program
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§100.55. Louisiana Tourism Revival Program A. The Louisiana Tourism Revival Program is established to provide grants to local and regional tourist commissions for marketing and promoting Louisiana as a tourism destination for in-state and out-of-state travel activity. The divisio…
La. Rev. Stat. § 39:100.56 Water Sector Program
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§100.56. Water Sector Program A. As used in this Section, the following terms shall have the following meanings: (1) "Commission" shall mean the Water Sector Commission. (2) "Committee" shall mean the Joint Legislative Committee on the Budget. (3) "Division" shall mean the divisi…
La. Rev. Stat. § 39:100.57 Louisiana Coronavirus Capital Projects Fund
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§100.57. Louisiana Coronavirus Capital Projects Fund A. There is hereby created in the state treasury, as a special fund, the "Louisiana Coronavirus Capital Projects Fund", hereinafter referred to in this Section as the "fund". Monies in the fund shall be expended in accordance w…
La. Rev. Stat. § 39:100.58 Louisiana Small Business and Nonprofit Assistance Fund
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§100.58. Louisiana Small Business and Nonprofit Assistance Fund A. There is hereby created in the state treasury, as a special fund, the "Louisiana Small Business and Nonprofit Assistance Fund", hereinafter referred to in this Section as the "fund". Monies in the fund shall be us…
La. Rev. Stat. § 39:100.59 Louisiana Port Relief Fund
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§100.59. Louisiana Port Relief Fund A. There is hereby created in the state treasury, as a special fund, the "Louisiana Port Relief Fund", hereinafter referred to in this Section as the "fund". Monies in the fund shall be used to provide economic support to Louisiana port authori…
La. Rev. Stat. § 39:100.59.1 Southwest Louisiana Hurricane Recovery Fund
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§100.59.1. Southwest Louisiana Hurricane Recovery Fund A. There is hereby created in the state treasury, as a special fund, the Southwest Louisiana Hurricane Recovery Fund, hereinafter referred to in this Section as the "fund". Monies in the fund shall be used to assist in repair…
La. Rev. Stat. § 39:100.59.2 Capital Outlay Relief Fund
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§100.59.2. Capital Outlay Relief Fund A. There is hereby created in the state treasury, as a special fund, the Capital Outlay Relief Fund, hereinafter referred to in this Section as the "fund". Monies in the fund shall be used for capital outlay projects. B. The treasurer is here…
La. Rev. Stat. § 39:100.59.3 Correctional Facility Capital Outlay Fund
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§100.59.3. Correctional Facility Capital Outlay Fund A. There is hereby created, as a special fund in the state treasury, the Correctional Facility Capital Outlay Fund, hereinafter referred to as the "fund". B. After compliance with the requirements of Article VII, Section 9(B) o…
La. Rev. Stat. § 39:100.61 New Opportunities Waiver Fund
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§100.61. New Opportunities Waiver Fund A. There is hereby created in the state treasury, as a special fund, the New Opportunities Waiver Fund, hereinafter referred to as the "fund." B.(1) The source of monies in the fund shall be as follows: (a) In any fiscal year, the state trea…
La. Rev. Stat. § 39:100.62 Community Options Waiver Fund
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§100.62. Community Options Waiver Fund A. There is hereby created in the state treasury, as a special fund, the Community Options Waiver Fund, hereinafter referred to as the "fund". B.(1) The source of monies in the fund shall be as follows: (a) In any fiscal year, the state trea…
La. Rev. Stat. § 39:100.65 Special Education Classroom Monitoring Fund
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§100.65. Special Education Classroom Monitoring Fund A. There is hereby created in the state treasury, as a special fund, the Special Education Classroom Monitoring Fund, hereinafter referred to as the "fund." The fund shall consist of any monies appropriated, allocated, or trans…
La. Rev. Stat. § 39:100.71 Blue Tarp Fund; purpose
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§100.71. Blue Tarp Fund; purpose A. There is hereby created in the state treasury, as a special fund, the ''Blue Tarp Fund", hereinafter referred to in this Section as the "fund". B. Notwithstanding any provision of law to the contrary, the state treasurer is hereby authorized an…
La. Rev. Stat. § 39:100.81 Community Water Enrichment and Other Improvements Fund
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§100.81. Community Water Enrichment and Other Improvements Fund A. There is hereby created in the state treasury, as a special fund, the Community Water Enrichment and Other Improvements Fund, hereinafter referred to as the "fund". The fund shall consist of two accounts: the Wate…
La. Rev. Stat. § 39:100.91 Grants for Grads Program; intent; definitions; program
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§100.91. Grants for Grads Program; intent; definitions; program A. Legislative findings. The legislature finds that: (1) Many of Louisiana's residents relocate from Louisiana upon completion of their college careers due to a perceived lack of economic opportunity. (2) The future …
La. Rev. Stat. § 39:100.92 Grants for Grads Program; eligibility and registration
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§100.92. Grants for Grads Program; eligibility and registration A. Eligibility. (1) A graduate shall be eligible to register for the program if: (a) He is a Louisiana resident who has received either an associate, baccalaureate, masters, or other postgraduate degree from an insti…
La. Rev. Stat. § 39:100.94 Grants for Grads Program; grants; recapture of grant funds under certain circumstances
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§100.94. Grants for Grads Program; grants; recapture of grant funds under certain circumstances A. Application for the grant. A graduate who has registered for the program shall apply for a grant during the period of time which starts on the due date of the filing of his fifth Lo…
La. Rev. Stat. § 39:100.95 Grants for Grads Program; rulemaking
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§100.95. Grants for Grads Program; rulemaking The Louisiana Housing Corporation shall establish rules in accordance with the Administrative Procedure Act as are necessary to carry out the provisions of this Subpart. Acts 2008, No. 748, §1, eff. July 6, 2008; Acts 2011, No. 408, §…
La. Rev. Stat. § 39:1000 Publication of resolution; contest validity
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§1000. Publication of resolution; contest validity The resolution authorizing the issuance of bonds shall be published once in a newspaper published in the municipality, or if no newspaper is published therein, then in a newspaper published in the parish in which the municipality…
La. Rev. Stat. § 39:1001 Part as full authority
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§1001. Part as full authority This Part shall constitute full authority for the accomplishment of all acts herein authorized to be done. No other law restricting the carrying out of the acts authorized to be done shall be construed as applying to any proceedings had or acts done …
La. Rev. Stat. § 39:1002 Payments constitute statutory impositions
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§1002. Payments constitute statutory impositions Payments in lieu of ad valorem tax, fees, and other charges to be paid by a lessee to a political subdivision, industrial development board, or a public trust whose property is exempt from ad valorem taxation pursuant to R.S. 9:234…
La. Rev. Stat. § 39:101 Capital outlay budget request; feasibility studies
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§101. Capital outlay budget request; feasibility studies A.(1)(a) Except as provided in Paragraph (2) of this Subsection, no later than the first day of November each year, the head of each budget unit shall present to the office of facility planning and control of the division o…
La. Rev. Stat. § 39:102 Capital outlay budget request contents
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§102. Capital outlay budget request contents A. Each request submitted as required by R.S. 39:101 shall include a detailed project description and justification for each new project requested. B.(1) The detailed project description and justification shall include an analysis of n…
La. Rev. Stat. § 39:1025 Parish school board bonds
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§1025. Parish school board bonds A. It is the intention of this Section to provide authority for any parish school board located in a parish with a population exceeding one hundred fifty thousand according to the latest federal decennial census to issue bonds secured by the gener…
La. Rev. Stat. § 39:103 Standards for capital projects and evaluations
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§103. Standards for capital projects and evaluations A.(1) The office of facility planning and control of the division of administration shall establish standards for capital projects which shall include but not be limited to criteria of requirements for: (a) Allocation of space.…
La. Rev. Stat. § 39:1031 Purposes, rules of construction
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§1031. Purposes, rules of construction A. The purposes of this Part are to: (1) Clarify and modernize the laws relating to the issuance of bonds by the city of New Orleans (the "City") and its agencies, boards, authorities, and commissions, except the Sewerage and Water Board of …
La. Rev. Stat. § 39:1032 Definitions
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§1032. Definitions As used in this Part, the following terms shall have the following meanings: (1) "Bonds" means and includes bonds, notes, certificates, or other written obligations for the repayment of borrowed money. (2) "Board of Liquidation" means the Board of Liquidation, …
La. Rev. Stat. § 39:1033 General power to issue bonds
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§1033. General power to issue bonds The city of New Orleans is hereby authorized to issue bonds in the manner and form and subject to the conditions and limitations hereinafter set forth. Acts 1985, No. 674, §3, eff. July 16, 1985. {{NOTE: SEE ACTS 1985, NO. 674, §§14 - 17.}}
La. Rev. Stat. § 39:1034 Authority to issue particular type bonds
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§1034. Authority to issue particular type bonds A. General obligation bonds. (1) Authorization; election. Subject to the approval of the State Bond Commission, or its successor, general obligation bonds may be issued by the City if authorized by a majority of the electors of the …
La. Rev. Stat. § 39:1034.1 Limitation on increases in the millage rate and collection of resulting taxes for ad valorem taxes of the Board of Liquidation
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§1034.1. Limitation on increases in the millage rate and collection of resulting taxes for ad valorem taxes of the Board of Liquidation Notwithstanding the provisions of R.S. 39:1034 and any other provisions of law to the contrary, due to the effects of Hurricane Katrina there sh…
La. Rev. Stat. § 39:1035 Manner of issuing bonds
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§1035. Manner of issuing bonds All bonds shall be issued pursuant to a resolution which shall fix the details of the bonds, including their form, terms, security, manner of execution, repayment schedule, and redemption features. The Board of Liquidation shall adopt all resolution…
La. Rev. Stat. § 39:1036 Interest rates
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§1036. Interest rates Subject to the provisions of R.S. 39:1424, bonds of the City and public entities may be sold at the rate or rates set forth in the resolution or other instrument providing for their issuance. Such bonds may be issued at fixed, variable, or adjustable rates o…
La. Rev. Stat. § 39:1037 Sales of bonds
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§1037. Sales of bonds Bonds may be sold at either public or private sale and may be sold at such price or prices as may be determined to be in the best interest of the issuer by the issuing body, which price may be at a discount from par. Bonds may be sold at private sale only if…
La. Rev. Stat. § 39:1038 Defeasance of bonds
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§1038. Defeasance of bonds The provisions of Chapter 14 of Title 39 of the Louisiana Revised Statutes of 1950 shall be applicable to all bonds issued by the City and its public entities. Acts 1985, No. 674, §8, eff. July 16, 1985. {{NOTE: SEE ACTS 1985, NO. 674, §§14 - 17.}}
La. Rev. Stat. § 39:1039 Fully registered bonds
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§1039. Fully registered bonds The provisions of Chapter 13-A of Title 39 shall be applicable to all bonds issued by the City and public entities. Acts 1985, No. 674, §9, eff. July 16, 1985. {{NOTE: SEE ACTS 1985, NO. 674, §§14 - 17.}}
La. Rev. Stat. § 39:104 Capital outlay budget preparation
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§104. Capital outlay budget preparation A. The division of administration then shall prepare the capital outlay budget for the next five years. B. The budget shall include a list of projects requested to be undertaken within the time period, projects recommended by the division o…
La. Rev. Stat. § 39:1040 Credit enhancement devices
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§1040. Credit enhancement devices The City and public entities may, in connection with the sale of bonds, use municipal bond insurance, bank guarantees, surety bonds, letters of credit, and other devices to enhance the credit quality of the bonds, the cost of which credit enhance…
La. Rev. Stat. § 39:1041 Publication of resolutions; peremption
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§1041. Publication of resolutions; peremption All resolutions authorizing the issuance of bonds of the City and public entities shall be published one time in the official journal of the City. It shall not be necessary to publish exhibits to such resolutions if the exhibits are m…
La. Rev. Stat. § 39:1042 Negotiable instruments
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§1042. Negotiable instruments Bonds issued under the authority of this Part shall have all the qualities of negotiable paper and shall constitute negotiable instruments under the negotiable instruments law of the state. They shall not be invalid for any irregularity or defect in …
La. Rev. Stat. § 39:1043 Exemption from taxation; eligibility for investment
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§1043. Exemption from taxation; eligibility for investment Bonds issued under the authority of this Part shall be exempt from all taxation for state, parish, municipal, or other purposes. The bonds shall be legal and authorized investments for banks, savings banks, insurance comp…
La. Rev. Stat. § 39:105 Capital Outlay reports to Joint Legislative Committee on Capital Outlay
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§105. Capital Outlay reports to Joint Legislative Committee on Capital Outlay A.(1) The office of facility planning and control and any state agency authorized to administer capital outlay appropriations shall submit to the Joint Legislative Committee on Capital Outlay an annual …
La. Rev. Stat. § 39:1051 Public Entity Facilities Financing Act
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§1051. Public Entity Facilities Financing Act A. Title. The provisions of this Part shall be known and may be cited as the "Public Entity Facilities Financing Act". B. Creation or designation of public benefit corporations to finance the construction, renovation and operation of …
La. Rev. Stat. § 39:11 Authority
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§11. Authority A. The commissioner of administration shall administer and supervise lands, waterbottoms, and facilities owned or leased by the state of Louisiana. The commissioner shall be an essential party to all transactions involving immovable property in which the state has …
La. Rev. Stat. § 39:1101 Subdivisions; grant of power
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§1101. Subdivisions; grant of power Parishes and municipal corporations, the city of New Orleans and parish of Orleans excepted, hereinafter referred to as political subdivisions of the state, may fund into bonds the avails or residue of their general alimony tax in the form and …
La. Rev. Stat. § 39:1102 Governing authorities
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§1102. Governing authorities The governing authority of subdivisions enumerated in this Chapter shall be: for parishes, the police jury of the parish or its equivalent; for cities, towns and villages, the municipal boards thereof.
La. Rev. Stat. § 39:1103 Parish purposes
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§1103. Parish purposes After making provisions for the payment of all statutory and ordinary charges, the governing authority of any parish may fund into bonds of the parish the avails or residue of its general alimony tax for purposes of acquiring, constructing, and maintaining …
La. Rev. Stat. § 39:1104 Municipal purposes
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§1104. Municipal purposes The governing authority of any municipal corporation, including any city, town, or village, after making provisions for the payment of all statutory and ordinary charges, may fund into bonds of the municipal corporation the avails or residue of its gener…
La. Rev. Stat. § 39:1105 Resolution and notice of intention
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§1105. Resolution and notice of intention No bonds shall be issued hereunder until the notice hereafter provided has been given. The notice shall be ordered by resolution, which shall state the purpose for which the bonds are to be issued, the amount of the bond issue proposed an…
La. Rev. Stat. § 39:1106 Sworn statement of charges and revenues
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§1106. Sworn statement of charges and revenues The governing authority of the political subdivision shall meet in open session on the date and at the time and place designated in the notice. It shall spread upon its minutes an itemized statement of its statutory and ordinary char…
