A bill that uses tax payer dollars dedicated to Cajundome to fund the restoration of an old catholic school in Lafayette has been approved by the senate finance committee. But, house bill 420 advanced only after some major changes were made to it.
State Rep Vincent Pierre authored house bill 420 in an effort to use public money to renovate the historic Holy Rosary Institute building on the Northside of Lafayette.
The bill passed through the senate finance committee Monday, however state senators Page Cortez and Elbert Guillory could be making some changes to it. As it stands, the money would come from a hotel, motel tax with 100% of its revenue already going to the Cajundome for maintenance in the 28 year old facility.
"If we do not get all of the hotel motel tax and the increases going forward we will have to adjust that maintenance program" says Cajundome Director Greg Davis.
"Lawmakers are now trying to come up with a formula that would allow the Cajundome to receive the same amount of money it has in the past. Thus appeasing both parties. For instance last year the hotel motel tax generated 2.8 million dollars for the Cajundome. But what law makers are proposing is that $200,000 would go to HRI at a 3 million dollar cap and any money raised after that would go strictly to the Cajundome."
"Getting at a minimum that amount of money and we will certainly be able to plan accordingly knowing the fixed amount of money that we'd expect to receive going forward."
Ultimately the fate of house bill 420 rests in the hands of the senate and Pierre says feels optimistic about it. House bill 420 is expected to reach the senate floor later this week...
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