Louisiana Revised Statutes 8:105 – Maximum tax; use of proceeds
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The special election called in accordance with the provisions of La. Rev. Stat. 8:103 and 104 may be for a sum not in excess of one mill on the dollar assessment on all immovable property subject to taxation, and may be held under the election laws relative to voting special taxes. It shall not be necessary to fund the revenues into bonds, but revenues may be spent as received for the purposes set forth in this Chapter.
Acts 1974, No. 417, §1; Acts 2022, No. 574, §1.