La. Admin. Code tit. 25 § V-713

Current through Register Vol. 50, No. 11, November 20, 2024

Section V-713 - [Effective until 9/24/2024] Award Amount

A. The amount of any MEIP grant awarded by the department shall be based on the projected economic impact of the event in the state, the amount of the funding requested by the applicant, the total number and amount of MEIP funding requests from other applicants then under review, the availability of funding in the Major Events Incentive Fund, the value of the proposed marketing activities and other public benefits, the projected attendance at the event and related activities, the projected incremental increase to the state sales and use receipts and the excise tax receipts in the designated area for the event, and other relevant factors.

B. An applicant shall not receive multiple source funding for the same activity or component, or invoice more than one grant or contract for the same activity or component of a qualifying event contained in the funding application.

C. An applicant may not receive funding for the same qualifying event from both the MEIP and any other program funding administered by the department.

La. Admin. Code tit. 25, § V-713

Promulgated by the Department of Culture, Recreation and Tourism, Office of Tourism, LR 49, 10/1/2023, exp. 3/29/2024 (Emergency), Amended LR 50, exp. 9/24/2024 (Emergency).

AUTHORITY NOTE: Promulgated in accordance with R.S. 51:1260.