House Committee on Ways and Means
May 4, 2020
Upon Adjournment
Room 4

Adjourned
 
* Agenda Revised May 7, 2020, 4:08 pm *
Revision Notes:

 




  BLUE = already considered.   RED = currently being considered.   BLACK = not yet considered.
 **Click on an instrument for additional information.  Click on an author for the author's home page.

 
 
 

CALL TO ORDER

ROLL CALL

DISCUSSION OF LEGISLATION
 HB202HORTONREVENUE DEPARTMENT - Establishes the Louisiana Tax Institute within the legislature and provides for the membership and the terms of membership of the governing board (EG SEE FISC NOTE GF EX See Note)
 HB328FREEMANTAX/SALES-USE, LOCAL-EXEM - Authorizes an exemption from local sales taxes for feminine hygiene products and diapers (EN SEE FISC NOTE LF RV See Note)
 HB360HUVALTAX/AD VALOREM TAX - (Constitutional Amendment) Provides for the methodology of valuation of oil and gas wells for the purpose of ad valorem assessment (EN SEE FISC NOTE LF RV See Note)
 HB429MAGEETAX/SALES & USE - (Constitutional Amendment) Authorizes a commission for remote sellers to remit local sales and use taxes to local tax collectors (OR SEE FISC NOTE SG EX)
 HB506DEVILLIERTAX/SEVERANCE TAX - Reduces the severance tax rate for oil over a certain period of time, clarifies the severance tax rate for oil produced from certain incapable wells, and authorizes the reduction of the severance tax rate on natural gas (RE DECREASE GF RV See Note)
 HB583MINCEYTRUSTS/PUBLIC - Requires certain public trusts to obtain approval of a parish or municipal governing authority under certain circumstances prior to undertaking an authorized public function or purpose (EN NO IMPACT LF EX See Note)
 HB736GARY CARTERTAX - Authorizes the Louisiana Tax Commission to order the refund of statutory impositions declared invalid (EN SEE FISC NOTE LF RV See Note)
 HB791MAGEETAX/SALES & USE - Requires the Department of Revenue to create and manage a technology solution to centralize sales and use tax registration, filing, and remittance (RE INCREASE GF EX See Note)
 HB846WRIGHTTAX/TAX REBATES - Establishes a Payroll Incentive Program rebate for COVID-19-impacted businesses (EN DECREASE GF RV See Note)
 HCR34DEVILLIERTAX/SEVERANCE TAX - Suspends the severance taxes levied on oil, natural gas, distillate, and condensate (OR DECREASE GF RV See Note)
 HCR40WRIGHTTAX - Directs the Dept. of Revenue to develop data on the projected impact the COVID-19 pandemic will have on Louisiana business revenue in 2020 and on net operating loss carry forward tax deductions for future tax filings (OR INCREASE GF EX See Note)

OTHER BUSINESS
 COMMITTEE ROOM 3 TO BE USED FOR OVERFLOW
 Consideration and Adoption of Committee Rules

ANNOUNCEMENTS
 Persons who do not feel comfortable giving testimony in person at this time may submit a prepared statement in accordance with House Rule 14.33 in lieu of appearing before the committee:
 A. Any interested person or any committee member may file with the committee a prepared statement concerning a specific instrument or matter under consideration by the committee or concerning any matter within the committee's scope of authority, and the committee records shall reflect receipt of such statement and the date and time thereof.
 B. Any person who files a prepared statement which contains data or statistical information shall include in such prepared statement sufficient information to identify the source of the data or statistical information. For the purposes of this Paragraph, the term "source" shall mean a publication, website, person, or other source from which the data or statistical information contained in the prepared statement was obtained by the person or persons who prepared the statement.
 NOTE: Only statements mailed to leab@legis.la.gov and received prior to 12 noon on Sunday, May 3, will be included in the record for this committee meeting. All persons desiring to participate in the meeting shall utilize appropriate protective health measures and observe the recommended and appropriate social distancing.