reglab/housing_qa huggingface dataset:
LA Rev Stat § 39:466.12 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§466.12. Bonds

RS 466.12 - Bonds To provide said funds for such capital outlay, the State Bond Commission is authorized to borrow money and issue and sell bonds and other obligations of the State of Louisiana subject to the first paragraph of Article IV, Section 2 of the Constitution of Louisiana. Said bonds or other obligations shall be general obligations of the State of Louisiana to the payment of which, as to principal, premium, if any, and interest, as and when the same become due and payable, the full faith and credit of the State shall be and hereby is irrevocably pledged. The bonds shall be secured by moneys pledged and dedicated to and paid into the Bond Security and Redemption Fund and shall be payable on a parity with bonds or other obligations heretofore and hereafter issued which are secured by said fund. The bonds or other obligations shall be issued from time to time, and shall be in such series and form and for such term, not exceeding thirty years, and shall bear such rate or rates of interest as shall be determined by the State Bond Commission and otherwise shall be issued in accordance with the provisions of R.S. 39:1401-39:1406 and R.S. 39:1361-39:1366. The proceeds from the bonds shall be deposited in the Capital Improvement Bond Fund, and shall be disbursed by the state treasurer to the Capital Construction and Improvement Commission at such time or times as required by said commission for the construction by said commission of buildings, structures and other facilities comprising the capital outlay program of the Louisiana State School for the Deaf to be located in East Baton Rouge Parish and the furnishings and equipment therefor. Added by Acts 1970, No. 68, §2.
LA Rev Stat § 39:466.13 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§466.13. Powers

RS 466.13 - Powers The Capital Construction and Improvement Commission is hereby vested with all powers necessary or convenient to carry out the purpose of this Chapter with respect to the construction of the buildings, structures and other facilities comprising the capital outlay program of the Louisiana State School for the Deaf in the parish of East Baton Rouge, and the furnishings and equipment therefor, and this Chapter shall be liberally construed to that end. The commission is hereby authorized to adopt rules and regulations for the effectuating of such purpose not inconsistent with the provisions hereof. Added by Acts 1970, No. 68, §3.
LA Rev Stat § 39:469 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§469. Tax rebate; publicly-owned facility activity

RS 469 - Tax rebate; publicly-owned facility activity A. As used in this Section, the following words and expressions shall have the meanings provided in this Subsection, unless the context clearly requires otherwise: (1) "Public facility" means a stadium facility owned and operated by the state or any of its agencies, boards, or commissions that is normally used for athletic or sporting events, activities, or enterprises and that has a seating capacity in excess of ninety thousand. (2) "Event, activity, or enterprise" means a musical or other entertainment undertaking in the public facility that has been held for no less than two consecutive years prior to the undertaking, is conducted over two consecutive days, and has an average attendance of at least twenty-five thousand per day. (3) "Participating local governmental subdivision" means a local governmental subdivision located within the parish in which the public facility is located, that is a taxing authority for sales and use tax purposes, and whose governing authority has agreed to participate in the rebate provided in this Section. (4) "Rebate" means the return to the promoter of the sales and use taxes paid for admission to the event, activity, or enterprise to a participating local governmental subdivision, for the right of admission to the event, activity, or enterprise. (5) "Right of admission" means a ticket, including the value of any ticket included in the sale or right to use a suite during the event, activity, or enterprise, or any charge for parking that is paid for the privilege of entering the event, activity, or enterprise. B. The right of admission to any event, activity, or enterprise conducted in a publicly owned facility owned and operated by the state or any of its agencies, boards, or commissions shall be subject to rebate of sales and use taxes imposed by any local governmental subdivision as provided in this Section. C.(1) The rebate shall be payable by the respective taxing body within ninety days after submission of sufficient proof of entitlement to the rebate for the event, activity, or enterprise by the promoter. (2) The owner and operator of the public facility shall certify the number of admissions to each event, activity, or enterprise that are subject to the rebate. The single collector for sales and use taxes in the parish in which the public facility is located shall provide for such reporting requirements as are necessary to administer the rebate. Any taxpayer specific information provided pursuant to this Subsection shall be confidential to the extent provided by law. Acts 2012, No. 787, §1, eff. July 1, 2012.
LA Rev Stat § 39:471 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§471. Governing authorities

RS 471 - Governing authorities The following governing authorities of subdivisions are: (1) For parishes and roads and subroad districts, the police jury or the equivalent; (2) For cities, towns, villages and sewerage districts composed of territory within their corporate limits, the municipal boards thereof; (3) For waterworks and subwaterworks districts, the waterworks commissioners of the waterworks district; (4) For sewerage districts composed of territory outside of the corporate limits of municipal corporations the board of supervisors of the district; (5) For gravity drainage and subdrainage districts, the drainage commissioners of the board of the parish in which they are located; (6) For school districts, the school board of the parish in which they are located; (7) For fire protection districts, the governing authority of the district as provided in Part I of Chapter 7 of Title 40 of the Louisiana Revised Statutes of 1950. (8) For hospital service districts, the board of commissioners of the district; (9) For school districts which are composed of lands of more than one parish, the school board of the parish which furnishes the territory carrying the highest assessment, according to the assessment rolls last filed; (10) For road districts which are composed of more than one parish, the police juries of the parishes composing the district. In joint session they shall elect the president, secretary and treasurer, and shall fix the domicile of the governing authority at the parish seat of one of the parishes; (11) For gas utility districts, the board of commissioners of each such district. (12) For wards, the governing bodies of the parishes in which the wards are located. Amended by Acts 1960, No. 416, §1; Acts 1975, No. 154, §1; Acts 1984, No. 72, §1.
LA Rev Stat § 39:471.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§471.1. Certain home rule charter parishes

RS 471.1 - Certain home rule charter parishes Pursuant to Article VI, Section 6 of the Constitution of Louisiana, in any parish which operates under a home rule charter which provides for the governing authority of any road, subroad, waterworks, subwaterworks, sewerage, gravity drainage, subdrainage, fire protection, hospital service, or other special district lying wholly within the parish, such charter provisions and any other charter provisions relating to the organization and structure of parish governance shall supersede the provisions of R.S. 39:471 or any other statutory provision. Acts 1999, No. 1079, §1.
LA Rev Stat § 39:472 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§472. Interest on default in paying certificates of indebtedness

RS 472 - Interest on default in paying certificates of indebtedness Any certificate of indebtedness issued by any police jury of this state, and any resolution or ordinance authorizing these certificates, shall contain a provision that in case of default in the payment of principal or interest, the principal or interest, as to which there is default, shall bear interest from maturity until paid, at the rate of five per cent per annum.
LA Rev Stat § 39:473 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§473. Facsimile signatures on securities of state or political subdivisions

RS 473 - Facsimile signatures on securities of state or political subdivisions A. Notwithstanding any other law to the contrary, public securities heretofore or hereafter authorized to be issued and delivered at any one time in a principal amount of one hundred thousand dollars or more may be executed with an engraved, imprinted, stamped or otherwise reproduced facsimile of any signature, seal or other means of authentication, certification or endorsement required or permitted to be recorded thereon, if so authorized by the board, body or officer empowered by law to authorize the issuance of such securities in the proceedings providing for their issuance, provided that at least one signature required or permitted to be placed thereon shall be manually subscribed. B. The words "public securities" as used herein shall mean bonds, notes or other obligations for the payment of money issued by this state, by its political subdivisions, or by any department, agency or other instrumentality of this state or of any of its political subdivisions. C. This Section shall not repeal any other law authorizing the execution of public securities with facsimile signatures or seals, but shall constitute additional authority therefor and shall not be limited or qualified by any such other law. Acts 1954, No. 684, §§1 to 3. Amended by Acts 1977, No. 386, §1, eff. July 10, 1977.
LA Rev Stat § 39:501 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§501. Designation

RS 501 - Designation  This Part may be referred to as the "Consolidated Local Government Public Finance Act".  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:502 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§502. Purposes, rules of construction

RS 502 - Purposes, rules of construction  A. The purposes of this Part are to clarify, modernize, and make uniform the laws relating to the powers of parishes, municipalities, school boards, school districts, and other political subdivisions of the state to incur debt and to issue bonds and other evidences of indebtedness.  B. This Part shall be liberally construed so as to give effect to its intended purposes.  C. Except as provided in Subsection D of this Section, any parish, municipality, school board, school district, or other political subdivision of the state, acting through its governing authority, is authorized to employ the provisions of this Part, including the laws referenced in this Part relating to the issuance of bonds, as a complete and additional method for the issuance of bonds.  D. This Part shall not apply to nor be utilized by the city of New Orleans or its agencies, boards, authorities, and commissions, including the Sewerage and Water Board of New Orleans, except as specifically provided herein.  E. Bonds issued under any provision of Subpart B of this Part shall be entitled to the rights and benefits conferred generally by Subpart A of this Part.  F. The issuer, owner, or holder of any bond issued by any governmental entity prior to July 1, 2018, shall be subject to the provisions of prior law under which the bond was originally issued.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:504 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§504. Statutory lien

RS 504 - Statutory lien  A. It is the intention of the legislature that bonds issued by a governmental entity under this Part, or under any other statutory authority referenced herein, shall be secured debt entitled to the highest possible protection and priority afforded by the bankruptcy laws of the United States and this state. Therefore, the owner or owners of any such bonds are hereby granted and shall have a statutory lien on and a security interest in such taxes, income, revenues, net revenues, monies, payments, receipts, agreements, contract rights, funds, or accounts as are pledged to the payment of such bonds, to the fullest extent and in the manner stated in this Part and in the proceedings authorizing such bonds, and any pledge or grant of a lien or security interest in such taxes, income, revenues, net revenues, monies, payments, receipts, agreements, contract rights, funds, or accounts made by a governmental entity in connection with the issuance of bonds shall be valid, binding, and perfected from the time when the pledge or grant of lien or security interest is made. Such taxes, income, revenues, net revenues, monies, payments, receipts, agreements, contract rights, funds, or accounts shall immediately be subject to the lien of such pledge and security interest without any physical delivery therefor or further act and the lien of such pledge and security interest shall be first priority and valid and binding as against all parties having claims of any kind in tort, contract, bankruptcy, or otherwise against the governmental entity, whether or not such parties have notice thereof. The owner or owners of bonds shall be secured creditors with respect to such taxes, income, revenues, net revenues, monies, payments, receipts, agreements, contract rights, funds, or accounts, as the case may be.  B. Any bond issued under this Part or any other statutory authority referenced herein may contain a recital that refers to the statutory lien created by this Section and describes the taxes, income, revenues, net revenues, monies, payments, receipts, agreements, contract rights, funds, or accounts to which such statutory lien applies; however, the failure to include the aforesaid recital shall not affect the validity or efficacy of the statutory lien granted by this Section and by the proceeds authorizing such bonds.  C. No notice, filing, or other proceedings under Chapter 9 of the Louisiana Commercial Laws, R.S. 10:9-101 et seq., or any other provision of law for the perfection or priority of such pledge and security interest shall be necessary to perfect the statutory lien granted by this Section and by the proceedings authorizing such bonds.  D. The statutory lien shall also apply to and secure any administrative fees owed to the Clean Water State Revolving Fund or the Drinking Water Revolving Loan Fund, in connection with bonds that evidence an obligation to repay a loan from one of said revolving funds.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:505 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§505. Authorization, sale, execution, and registration of bonds

RS 505 - Authorization, sale, execution, and registration of bonds  A. Each governing authority shall have authority to adopt all proceedings necessary for the authorization, sale, and delivery of bonds, including the right to enter into all contractual arrangements as may be necessary to effectuate the purpose for which the bonds are being issued upon terms determined by the governing authority. Bonds issued under this Part may be issued by either resolution or ordinance, unless the use of a resolution or the use of an ordinance is specifically required by law or home rule charter.  B. Bonds issued under this Part may be sold at a public or private sale upon such terms, in the manner and by following such procedures as may be determined by the governing authority of the governmental entity. No bond issued under this Part shall be required to be registered with the secretary of state or any other office or official.  C. Bonds issued under this Part may be secured additionally by credit enhancement, or be entitled to the benefits of a financial products agreement, the cost of which, upon a finding of benefit therefrom by the governing authority, may be paid from the proceeds of the bonds or other lawfully available funds. Bonds may also be secured by a trust agreement or trust indenture by and between the governmental entity and one or more corporate trustees.  D. In addition to the foregoing, the proceedings authorizing the issuance of bonds may provide that such bonds will be of such series, bear such date or dates, mature at such time or times, bear interest at such rate or rates payable at such times, be in such denominations, be in such form, carry such registration and exchangeability privileges, be payable in such medium and at such place or places within or without the state, be subject to such terms of prepayment or redemption, be entitled to such priorities on the pledged taxes, revenues, or other source of security, as such proceedings may provide. Bonds shall be executed in the name of the governmental entity by the manual or facsimile signatures of such official or officials of the governmental entity designated by the governing authority in said proceedings. At least one signature on each bond shall be a manual signature, which manual signature may be an authenticating signature by a designated bank or other financial institution or person, and facsimile signatures may be used in the manner provided by law. The seal, or a facsimile thereof, of the governmental entity may, but is not required to be affixed, imprinted, engraved, or otherwise reproduced upon each bond. The delivery of any bonds so executed at any time thereafter shall be valid, although before the date of delivery, any person or persons signing the bonds shall cease to hold office.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:507 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§507. Validity of bonds; recital of regularity

RS 507 - Validity of bonds; recital of regularity  A. Before bonds are issued under this Part, the governing authority shall investigate and determine the regularity of the proceedings. The proceedings authorizing the bonds may direct that the bonds contain the following recital: "It is certified that this indebtedness is authorized by and is issued in conformity with the requirements of the constitution and statutes of Louisiana."  B. Such recital shall be deemed to be an authorized declaration of the governing authority and to import that there is constitutional and statutory authority for issuing the bonds and imposing the pledged tax or providing for the collection of the pledged revenues; that all the proceedings therefor are regular; that all acts, conditions, and things required to exist, happen and be performed precedent to and in the issuance of the bonds and imposition of any pledged tax or providing for the collection of the pledged revenues have existed, have happened and have been performed in due time, form, and manner as required by law; that the amount of the bonds, together with all other indebtedness of the governmental entity does not exceed any limit or limits prescribed by the constitution or statutes of Louisiana; and that the required notices have been duly and regularly given in the manner required by law. If any bonds are issued containing the above recital, the same shall be construed according to the import herein declared, and it shall be conclusively presumed that the recital is true, and neither the governing authority nor any taxpayer shall be permitted to question the validity or regularity of the bonds, obligations, or tax in any court or in any action or proceeding.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:508 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§508. Applicability of general bond laws

RS 508 - Applicability of general bond laws  Bonds issued under this Part shall be further subject to R.S. 39:244, Chapters 13, 13-A, and 14 of Subtitle III all of this Title, provided that in the event of any conflict between this Part and the provisions of said R.S. 39:244, Chapters 13, 13-A, or 14, then the provisions of this Part shall apply to any bonds issued under this Part.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:509 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§509. Peremption

RS 509 - Peremption  Every ordinance or resolution authorizing the issuance of bonds under this Part shall be published at least once in the official journal of the governmental entity issuing the bonds, or in a newspaper having general circulation therein. Exhibits to any such ordinance or resolution need not be published if the exhibits are enumerated in the publication and it is stated in the publication that such exhibits are available for public inspection at the office of the governing authority during regular business hours. For thirty days after the date of publication, any person in interest may contest the legality of the ordinance or resolution and of any provision therein made for the security and payment of the bonds. After that time, no one shall have any cause of action to test the regularity, formality, legality, or effectiveness of the ordinance or resolution, and provisions thereof for any cause whatsoever. Thereafter, it shall be conclusively presumed that every legal requirement for the issuance of the bonds, including all things pertaining to the election, if any, at which the bonds were authorized, has been complied with. No court shall have authority to inquire into any of these matters after the thirty days.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:510 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§510. Notice of default

RS 510 - Notice of default  Any governmental entity that has issued bonds under this Part shall notify the State Bond Commission in writing when:  (1) Any required deposit to any debt service sinking fund in connection with such bonds has not been made within five business days of when due.  (2) The principal, interest, premium, or any other payment due on such bonds has not been made within five business days of when due.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:511 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§511. Exemption from taxation; legal investments

RS 511 - Exemption from taxation; legal investments  A. All bonds issued under this Part and the interest or other income thereon or with respect thereto shall be exempt from all income tax and other taxation in Louisiana.  B. All bonds issued under this Part shall be legal and authorized investments for banks, savings banks, insurance companies, homestead and building loan associations, trustees, and other fiduciaries and may be used for deposit with any officer, board, or political subdivision, in any case where, by present or future laws, deposit or security is required.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:512 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§512. Bonds negotiable and incontestable

RS 512 - Bonds negotiable and incontestable  Bonds issued under this Part shall have all the qualities of negotiable paper and shall not be invalid for any irregularity or defect in the proceedings for their issuance and sale, and shall be incontestable in the hands of bona fide purchasers or owners for value.  Acts 2018, No. 569, §1, eff. July 1, 2018.