La. Revenue and Taxation § 47:338.31
Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 1-3, 6-671
In order to obtain funds for the purpose of paying all or any part of the cost of any one or more public improvements on which the sales tax revenues may be expended, the governing authority of any municipality may issue bonds of the municipality payable solely from an irrevocable pledge and dedication of sales tax revenues, all in the form and manner and subject to the limitations and restrictions contained in R.S. 47:338.30 through 338.47. Title to all such improvements shall be in the public.
La. Revenue and Taxation § 47:338.31