Louisiana Administrative Code
Title 71 - TREASURY-PUBLIC FUNDS
Part III - Bond Commission-Debt Management
Chapter 19 - Fee Schedule
Section III-1901 - Fee Schedule
Current through Register Vol. 50, No. 9, September 20, 2024
A. Pursuant to R.S. 30:1405.1(B), the treasurer is authorized after such appropriation, to rebate, on a pro rata basis, the amount of such excess fees attributable to general government agencies, as defined in the State Bond Commission's fee schedule, and otherwise in its rules and regulations, to the issuers of such general government issues paying closing fees for such issues in the fiscal year during which the fees were imposed. In no event, however, shall this rebate provision apply to application fees. The provisions of this rule apply to the Bond Commission fee schedule listed herein.
B. General Government Issues*
|
General Government Application Fee |
$100.00** |
|||
|
Closing Fees |
Par |
Percentage |
||
|
First |
$500,000 |
0.065% |
||
|
Next |
$4,500,000 |
0.060% |
||
|
Next |
$5,000,000 |
0.055% |
||
|
Next |
$10,000,000 |
0.050% |
||
|
Next |
$30,000,000 |
0.045% |
||
|
Next |
$50,000,000 |
0.035% |
||
|
Certified Copy Fee |
No charge for one copy $5 for each additional copy |
|||
C. Private Purpose Bonds***
|
Private Purpose Application Fee |
$1,500.00** |
|
|
Closing Fees |
Par |
Percentage |
|
First |
$5,000,000 |
0.125% |
|
Next |
$20,000,000 |
0.110% |
|
Next |
$25,000,000 |
0.105% |
|
Next |
$50,000,000 |
0.100% |
|
Over |
$100,000,000 |
0.090% |
|
Annual Agenda Subscription Fee |
$100.00 Private Sector |
|
|
$50.00 Public Sector |
||
*To be levied on debt instruments with maturities in excess of 12 months excluding budgetary loans made under the provisions of R.S. 39:745, 17:89, 33:9901.
**Application fee will be credited toward the closing fee when bonds are issued, sold or delivered.
***Private purpose bonds are defined as bonds the proceeds of which are used primarily for the benefit of a private company or enterprise or the payment on such bonds, are paid from revenues derived from private enterprise or concern, regardless of the issuer or the tax exempt status of the debt.
AUTHORITY NOTE: Promulgated in accordance with R.S. 39:1405.1.
