reglab/housing_qa huggingface dataset:
LA Rev Stat § 39:513 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§513. Application of proceeds

RS 513 - Application of proceeds  A. The proceeds of bonds issued under this Part shall be used exclusively for the purpose or purposes for which the bonds are authorized to be issued, including but not limited to the payment of costs of issuance, the cost of funding any required debt service reserves, the cost of credit enhancement or the cost of a financial products agreement. The purchaser of the bonds shall not be obliged to see to the application thereof. In the event that the governing authority of the governmental entity that issued bonds determines that all or part of the proceeds of the sale of such bonds are no longer needed or required for the purpose for which the bonds were originally issued, the governing authority may rededicate such unexpended proceeds for a different purpose, provided that such different purpose is one for which the bonds could have been originally issued, or it may utilize the unexpended proceeds to prepay or redeem such bonds.  B. Any premium received by a governmental entity in connection with the sale of bonds shall be expended for:  (1) Any purpose for which the bonds are being issued and deposited in the same account into which the bond proceeds are deposited for such purpose.  (2) The payment of the principal or the interest on the bonds and shall be deposited in a sinking fund or debt service fund established for such purpose.  C. Any accrued interest received by a governmental entity in connection with the sale of bonds shall be applied to the payment of principal or interest on such bonds, and deposited in a sinking fund or debt service fund established for such purpose.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:514 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§514. Bond validation

RS 514 - Bond validation  Bonds issued under this Part may be validated in accordance with Part XVI of Chapter 32 of Title 13 of the Louisiana Revised Statutes of 1950, or any successor laws relating to suits to determine validity of governmental bonds.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:515 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§515. Lost, destroyed, or cancelled bonds

RS 515 - Lost, destroyed, or cancelled bonds  A. Whenever any bond is lost, destroyed, or improperly cancelled, the issuing governmental entity may, by resolution of its governing body, authorize the issuance of new bonds to replace them, upon proof of such loss, destruction, or cancellation satisfactory to the governmental entity and upon the giving to the governmental entity an indemnity bond in such amount as the governmental entity thereof may require. The new bond shall in all respects be identical with those lost, destroyed, or cancelled except that it shall bear on its face the following additional clause: "This bond is issued to replace a lost, cancelled, or destroyed bond under the authority of R.S. 39:515."  B. Such new bond shall be signed by the same officers who signed the original bond, provided, however, that in the event the officers who signed the original bonds are no longer in office, then the new bond shall be signed by the officers then in office.  C. If the original bond was registered in the office of the secretary of state, and bore a certificate evidencing such registration signed by the secretary of state, then the new bond shall not be required to be registered in the office of the secretary of state.  D. The obligation of the governmental entity upon the new bond shall be identical with its obligation upon the original bond, and the rights of the owner, including any statutory lien granted by this Part or the proceedings authorizing the original bond, shall be the same as those conferred by the original bond.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:516 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§516. Employment of counsel; fees

RS 516 - Employment of counsel; fees  The employment of counsel by a governmental entity in conjunction with the issuance of bonds under this Part, and the fees and compensation of such counsel shall be subject to approval by the attorney general and shall not exceed the attorney general fee schedule or other statutory limitations for fees and compensation.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:517 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§517. No other statutes applicable

RS 517 - No other statutes applicable  This Part shall be a complete and additional method for the issuance and sale of bonds by any governmental entity, and this Part shall constitute full authority for the issuance and sale of the bonds authorized herein. No ordinance, resolution, filing, registration, approval, publication, election, or right of referendum in respect to the issuance of any bonds hereunder or for the perfection of the statutory lien provided herein shall be necessary, except such as may be required by this Part. The recordation of any resolution, ordinance, or other proceeding relating to the issuance of bonds, except for any mortgage securing bonds, shall not be required by this Part. Any publication prescribed hereby may be made in the official journal or in any newspaper of general circulation within the governmental entity.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:522 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§522. Limited tax bonds secured by special ad valorem taxes

RS 522 - Limited tax bonds secured by special ad valorem taxes  A. Any governmental entity may anticipate the revenues to be realized from special ad valorem taxes that are authorized to be levied pursuant to provisions of the constitution and laws of Louisiana by borrowing money to be used only for the purpose for which such a tax may be levied. Such a borrowing shall be evidenced by limited tax bonds of the governmental entity, such limited tax bonds to be payable solely from and secured by an irrevocable pledge and dedication of the revenues of such tax.  B. The principal and interest due in any year on limited tax bonds issued under this Section shall not exceed seventy-five percent of the revenues estimated to be realized from the levy of the tax so pledged for the calendar year in which such limited tax bonds are issued, regardless of the date on which the revenues are anticipated to be received. A governmental entity shall not anticipate such revenues for a period that exceeds the remaining number of years for which the special ad valorem or limited tax, as the case may be, is authorized to be levied.  C. The principal of limited tax bonds issued under this Section shall be made due and payable annually not later than June first of each future year in which principal falls due.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:523 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§523. Sales tax bonds

RS 523 - Sales tax bonds  A. A governmental entity that is authorized to levy and collect a sales tax or a municipality or school board that receives an allocation of a sales tax levied by a parish, may fund sales tax revenues into bonds and issue the bonds from time to time for the purpose or purposes for which such tax may be levied, the bonds to be payable from and secured by an irrevocable pledge and dedication of sales tax revenues subject only to the prior payment of the costs and expenses of collection and administration of such tax.  B. Any governmental entity, including the city of New Orleans, previously authorized to issue sales tax bonds under the provisions of Subpart F of Part III of Chapter 4 of Title 39 of the Louisiana Revised Statutes of 1950, is specifically authorized to issue sales tax bonds pursuant to this Section in the alternative, without the necessity of any further authorization or voter approval.  C. The maturities of sales tax bonds shall be so arranged that the total amount of principal and interest falling due in any fiscal year of the governmental entity, together with principal and interest falling due in such fiscal year on all bonds payable from the same sales tax theretofore issued and then outstanding, shall never exceed seventy-five percent of the amount of sales tax revenues estimated by the governing authority to be received by it in the fiscal year in which the bonds are issued. The final maturity of sales tax bonds shall be no later than twenty-five years from the date of issuance or the ninety days following the expiration date of the pledged sales tax, whichever occurs first.  D. Bonds issued under this Section shall constitute a borrowing solely upon the credit of the sales tax revenues received or to be received by the governmental entity and shall not constitute an indebtedness or pledge of the general credit of the governmental entity within the meaning of any constitutional or statutory provision relating to the incurring of indebtedness, and the bonds shall contain a recital to that effect.  E. As specified by Article VI, Section 29 of the Constitution of Louisiana, when any bonds shall have been issued under this Section, neither the legislature, the governing authority, nor any other authority shall discontinue or decrease the sales tax or permit to be discontinued or decreased the sales tax in anticipation of the collection of which such bonds have been issued, or in any way make any change in the allocation and dedication of the proceeds of such sales tax which would diminish the amount of the sales tax revenues to be received by the governmental entity until all of such bonds shall have been retired as to principal and interest, and there is hereby vested in the owners and holders from time to time of such bonds a contractual right under the provisions of this Part.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:525 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§525. Limited revenue bonds secured by a parcel fee or service charge

RS 525 - Limited revenue bonds secured by a parcel fee or service charge  A. Any governmental entity that is authorized to levy a parcel fee or service charge may anticipate the revenues to be realized from such parcel fee or service charge voted pursuant to provisions of the constitution and laws of Louisiana by borrowing money to be used only for the purpose for which such parcel fee or service charge was voted; however, a governmental entity may not anticipate such revenues for a period that exceeds the remaining number of years for which the parcel fee or service charge, as the case may be, is authorized to be levied. Such a borrowing shall be evidenced by limited revenue bonds of the governmental entity, which limited revenue bonds shall be payable solely from and secured by an irrevocable pledge and dedication of the revenues of such parcel fee or service charge, as the case may be.  B. The principal and interest due in any fiscal year of the governmental entity on such limited revenue bonds shall not exceed eighty percent of the revenues estimated to be realized from the levy of such parcel fee or service charge, as the case may be, for the fiscal year in which such limited revenue bonds are issued. In applying the aforesaid test, all revenues estimated to be realized from the levy of the parcel fee or service charge for the fiscal year in which the bonds are issued, regardless of the date on which the revenues are anticipated to be received, will be included in the estimated revenues for such fiscal year.  C. The principal of the limited revenue bonds shall be made due and payable annually not later than June first of each future year in which principal falls due; provided that such limited revenue bonds shall mature not later than June first in the year following the last year in which the parcel fee or service charge, as the case may be, securing the borrowing is authorized to be levied.  D. Limited revenue bonds issued under this Section are not revenue bonds within the meaning of Article VI, Section 37 of the Constitution of Louisiana.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:526 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§526. Excess revenue bonds and certificates of indebtedness

RS 526 - Excess revenue bonds and certificates of indebtedness  A. Any governmental entity may issue excess revenue bonds or certificates of indebtedness under this Section for the purpose of acquiring, constructing, extending, or improving any work of public improvement, or for acquiring movable vehicles or equipment, or for the payment of judgments, noncapital contractual obligations, or employee benefits.  B. Bonds or certificates of indebtedness issued under this Section shall be payable out of the revenues of subsequent years, after the payment from such revenues of:  (1) All charges required by law or regulation.  (2) All contractual obligations.  (3) All necessary and usual charges provided for by ordinance or resolution, excluding depreciation.  (4) All payments in respect of bonds for which a pledge or dedication of specified taxes or revenues has been provided by law or in proceedings authorizing such bonds, regardless of the date of issue of such bonds.  C. Bonds or certificates of indebtedness issued under this Section shall have a maximum term not to exceed ten years.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:527 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§527. Revenue anticipation notes

RS 527 - Revenue anticipation notes  Any governmental entity, in order to pay its current expenses for any fiscal year, may issue revenue anticipation notes for the purpose of anticipating the revenues for such fiscal year. Such revenue anticipation notes shall mature not later than three months after the end of the fiscal year of the governmental entity. The amount so borrowed by any governmental entity shall not exceed the estimated income of the governmental entity as shown by the budget adopted prior to such borrowing, and the income collected as shown by the adopted budget shall be dedicated and set aside to the payment of the revenue anticipation notes as they mature.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:528 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§528. Bond anticipation notes

RS 528 - Bond anticipation notes  A. Any governmental entity may authorize the issuance of bond anticipation notes in one or more series in anticipation of the issuance of bonds which it has duly and lawfully authorized. The proceeds of the sale of such notes, exclusive of accrued interest, shall be used for the purpose of paying capitalized interest on such notes for renewing the principal amount of previously issued bond anticipation notes, and for the purpose for which the anticipated bonds were authorized.  B. Bond anticipation notes shall be payable in principal from the proceeds of the sale of the duly authorized bonds, from the sale of additional bond anticipation notes, from revenue sources from which the anticipated bonds securities are payable when issued, or from other lawfully available funds. Interest on bond anticipation notes may be capitalized and paid from the proceeds of the issue, paid from the revenue source from which the anticipated bonds are payable when issued, or paid from other lawfully available funds.  C. The total amount of bond anticipation notes issued and outstanding at any one time shall not exceed the principal amount of authorized bonds in anticipation of which the bond anticipation notes were issued.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:529 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§529. Grant anticipation notes

RS 529 - Grant anticipation notes  A. A governmental entity may issue a grant anticipation note or notes in anticipation of and upon the security of specified accounts receivable from the state or the federal government, including without limitation, grants, loans, or a combination of both, for which the governing authority of the governmental entity finds and determines that funds have been appropriated and committed to the governmental entity.  B. Grant or loan funds from the state or federal government for any construction and improvement for which the governmental entity is authorized to expend monies shall be pledged for the payment of the note or notes and the interest thereon. The note or notes and the interest thereon shall be a first lien upon and charge against such grant or loan funds. Any notes issued pursuant to this Section, to the extent not paid from grant or loan funds of the governmental entity pledged for the payment thereof, at the discretion of the governing authority of the governmental entity, may be paid as to principal and interest from any taxes, income, revenue, cash receipts, or other monies of the governmental entity lawfully available therefor and in accordance with the provisions provided therefor in the resolution or ordinance authorizing their issuance.  C. The proceeds of grant anticipation notes may be used and expended by the governmental entity solely for the purpose for which the grant or loan is to be received or for the retirement of the notes, except that income from the investment of such proceeds may be used to pay costs associated with the facility or improvements being financed from such grant or loan.  D. No grant anticipation note shall be issued if the grant or loan to be received is for the construction of a facility or work of public improvement unless the grant or loan agreement is in existence at the time of issuance of the grant anticipation note.  E. Grant anticipation notes issued under this Section shall be payable not later than five years after the date of issue.  F. No grant anticipation note or notes shall be issued by a governmental entity pursuant to this Section in an amount which, when added to the amount of any other such type note or notes outstanding at the time and issued in anticipation of the same grant or loan, shall exceed ninety-five percent of the grant or loan funds committed and appropriated to the governmental entity by the granting or loaning authorities and payable within a thirty-six month period from the date of issuance of such note or notes then being issued.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:530 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§530. Assessment certificates

RS 530 - Assessment certificates  Governmental entities are authorized to issue bonds to finance works of public improvement secured by local or special assessments imposed pursuant to the provisions of Article VI, Section 36 of the Constitution of Louisiana. The certificates shall be issued in accordance with the procedures set forth in Subpart A or B of Part I of Chapter 7 of Title 33 of the Louisiana Revised Statutes of 1950.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:531 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§531. Refunding bonds

RS 531 - Refunding bonds  A. In addition to any other authority therefor, any governmental entity is authorized to issue refunding bonds for the purpose of refunding, readjusting, restructuring, refinancing, extending, or unifying the whole or any part of its outstanding bonds in an amount sufficient to provide the funds necessary to effectuate the purpose for which the refunding bonds are being issued and to pay all costs associated therewith. Refunding bonds may be issued as part of a multi-purpose issue.  B. Notwithstanding any general obligation debt limit established by law, general obligation refunding bonds may be issued to refund outstanding general obligation bonds at the same or at a lower effective rate of interest in accordance with Article VI, Section 33(A) of the Constitution of Louisiana without the necessity of further voter approval, provided that the term of the outstanding bonds refunded shall not be extended and the principal and interest payments on the refunding bonds is less in each calendar year than the principal and interest in such calendar year on the outstanding bonds being refunded.  C. Refunding bonds issued to refund any bonds other than general obligation bonds may be secured in the same manner as the bonds being refunded or may be secured in such other manner as may be prescribed by the governing authority of the governmental entity. If refunding bonds issued under this Subsection are proposed to be additionally secured by the full faith and credit of the governmental entity then they must be authorized at an election held by the governmental entity in accordance with the requirements of the constitution and laws of Louisiana pertaining to elections for the issuance of general obligation bonds.  D. The refunded bonds shall not be considered outstanding for the purpose of debt limitation laws restricting the amount of bonds that may be issued by any governmental entity.  Acts 2018, No. 569, §1, eff. July 1, 2018.
LA Rev Stat § 39:551 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§551. Subdivisions; power to incur debt and issue bonds

RS 551 - Subdivisions; power to incur debt and issue bonds Municipal corporations, parishes, school districts, including the Orleans Parish School Board, road, subroad, sewerage, waterworks and subwaterworks, gravity drainage and subdrainage districts except in the city of New Orleans and parish of Orleans, irrigation districts, hospital service districts, fire protection districts, and gas utility districts may incur debt and issue negotiable bonds in the form and manner and subject to the limitations and restrictions contained in Part III of this Chapter and Chapter 6-A of Title 181 of the Louisiana Revised Statutes of 1950. Amended by Acts 1960, No. 416, §2; Acts 1975, No. 146, §2; Acts 1979, No. 42, §1, eff. June 6, 1979. 1R.S. 18:1281 et seq.
LA Rev Stat § 39:551.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 39 - Public Finance|§551.2. Industrial districts; creation authorized and powers defined

RS 551.2 - Industrial districts; creation authorized and powers defined The authority conferred by R.S. 39:551.1 on parishes, wards, and municipalities shall apply with the same provisions to any legally constituted industrial districts hereafter created, which are hereby authorized to be created by the governing authority of any parish of the state. Any such district may comprise an entire ward, a combination of or parts of parishes, wards, or municipalities either, both, or severally; however, no municipality may be included in any industrial district without the consent of the governing body of the municipality, to be evidenced by a resolution duly and properly adopted by such governing body. Industrial districts so created shall be political and legal subdivisions of the state, with full power to sue and be sued in their corporate names, to incur debt and to contract obligations, to have a corporate seal, and to do and perform all acts in their corporate capacity and in their corporate names necessary and proper to carry out the purposes of this Section. Each such industrial district shall be given a name at the time of its creation which shall include the words "industrial district" and shall have as its governing authority the governing authority of the parish creating it, and the parish treasurer shall be the treasurer of the district. Added by Acts 1975, No. 154, §1.