La. Revenue and Taxation § 47:9106

Current with changes from the 2024 Legislative Session
Section 47:9106 - Deposit of revenues

Within twenty days following the close of each calendar month, the corporation shall transfer to the Lottery Sports Wagering Fund the amount of net revenue which the corporation determines is surplus to its needs. Net revenues shall be determined by deducting from the corporation's net gaming proceeds the payment costs incurred or estimated to be incurred in the operation and administration of sports wagering authorized pursuant to this Chapter. This shall include the expenses of the corporation and the costs resulting from determining applicant suitability, and any contracts entered into for promotional, advertising, or operational services or for the purchase or lease of sports wagering equipment and materials.

La. Revenue and Taxation § 47:9106

Acts 2021, No. 80, §4, eff. July 1, 2021.
Added by Acts 2021, No. 80,s. 4, eff. if and when the Act which originated as Senate Bill No. 202 of this 2021 Regular Session of the Legislature is enacted and becomes effective..