LAC 71:I.305 – Administration of Tax Surplus Fund

A. Monies classified to the Tax Surplus Fund shall be invested in the same manner as monies classified to the state general fund. Disbursements from the Tax Surplus Fund shall only be made pursuant to an appropriation by the legislature for this purpose.

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:5010.

HISTORICAL NOTE: Promulgated by the Department of Treasury, Office of the Treasurer, LR 24:1519 (August 1998).