House Committee on Ways and Means
May 6, 2019
9:30 a.m.
Room 6

Adjourned		 



  BLUE = already considered.   RED = currently being considered.   BLACK = not yet considered.
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CALL TO ORDER

ROLL CALL

DISCUSSION OF LEGISLATION
 HB72BACALALEGISLATIVE AUDITOR - Authorizes the legislative auditor to access data from the Department of Revenue for the purpose of auditing state-operated or state-administered programs (RE INCREASE SG EX See Note)
 HB195DEVILLIERCAPITAL OUTLAY - Provides relative to capital outlay reform (OR SEE FISC NOTE GF EX)
 HB361JORDANTAX/INSURANCE PREMIUM - Provides for the disposition of the taxes collected on certain surplus lines of insurance (RE1 -$15,100,000 GF RV See Note)
 HB419IVEYTAX/AD VALOREM TAX - (Constitutional Amendment) Amends Article 7 of the state constitution (OR SEE FISC NOTE GF RV)
 HB449IVEYTAX/AD VALOREM TAX - Provides for the classification of applicable fair market percentages for property subject to ad valorem taxation (EG NO IMPACT LF RV See Note)
 HB473GLOVERTAX CREDITS - Adds certain investments by businesses issuing life insurance policies to investments eligible for the insurance premium tax credit (OR DECREASE GF RV See Note)
 HB480DAVISTAX CREDITS - Extends the sunset of the research and development tax credit (EG -$1,000,000 GF RV See Note)
 HB485JAMESTAX/EXCISE - Authorizes the levy of an excise tax on cannabis (EG SEE FISC NOTE GF RV See Note)
 HB497ABRAMSONCAPITAL OUTLAY - Prohibits the disposal or sale of projects funded through the capital outlay budget under certain circumstances (EN SEE FISC NOTE GF RV See Note)
 HB513JORDANTAX/EXCISE - Repeals the marijuana tax levied on certain dealers and repeals provisions related to tax stamps which evidence payment of the tax (EG NO IMPACT GF RV See Note)
 HB530HODGESTAX CREDITS - Requires certain taxpayers claiming the earned income tax credit to provide the Dept. of Revenue with certain information regarding residency of dependents (RE NO IMPACT GF RV See Note)
 HB549JEFFERSONTAX - Adds structures located in opportunity zones to the property eligible to participate in the Restoration Tax Abatement program (OR SEE FISC NOTE LF RV)
 HB556HODGESTAX/TAX REBATES - Establishes a state sales and use tax rebate for purchases of materials used to elevate homesteads above the base flood elevation (RE DECREASE GF RV See Note)
 HB584HORTONTAX/SALES & USE - Repeal the .45% levy of state sales and use tax for the rate and base for state sales and use taxes (OR -$392,000,000 GF RV See Note)
 HB585HARRISTAX/AD VALOREM-EXEMPTION - Adds structures located in opportunity zones to the property eligible to participate in the Restoration Tax Abatement program (EN SEE FISC NOTE LF RV See Note)
 HB586HARRISTAX CREDITS - Authorizes an enhanced Angel Investor tax credit for investments made in Louisiana Entrepreneurial Businesses located in federally established opportunity zones (EG -$500,000 GF RV See Note)
 HB587MARINOTAX/GAMING - Levies a state tax on the net proceeds of sports wagering, dedicates the avails of the tax, and imposes certain gaming fees (RE +$1,225,000 SD EX See Note)
 HB588HILFERTYCONVENTION FACILITIES - Provides relative to taxes levied by the Ernest N. Morial-New Orleans Exhibition Hall Authority and by the city of New Orleans (OR SEE FISC NOTE LF RV)
 HB589LEGERDISTRICTS/SPECIAL - Provides relative to the Ernest N. Morial-New Orleans Exhibition Hall Authority (OR SEE FISC NOTE LF EX)
 HB592FOILTAX/INCOME TAX - Excludes amounts deposited into certain education savings accounts for tuition expenses for elementary and secondary schools from state income taxes (RE DECREASE GF RV See Note)
 HB596STEFANSKITAX/SALES-USE-EXEMPT - Defines a commercial farmer for purposes of certain sales and use tax exemptions (EN SEE FISC NOTE GF RV See Note)
 HB597STEFANSKITAX/SALES & USE - Authorizes a state and local sales and use tax exclusion for certain re-leases or re-rentals of items of tangible personal property (RE DECREASE GF RV See Note)
 HB599LANCE HARRISTAX/SALES & USE - Reduces the rate of the .45% state sales and use tax levy over a certain period of time (RE -$392,000,000 GF RV See Note)
 HB600TALBOTTAX/GAMING - Levies a state tax on the net gaming proceeds of fantasy sports contests, and authorizes a fee for issuance of certain licenses or permits (RE2 +$346,500 SD EX See Note)
 HB601BAGLEYTAX/STATE - Levies an annual motor vehicle inspection tax (EG +$34,800,000 SG RV See Note)
 HB603STEFANSKITAX/SALES-USE-EXEMPT - Exempts certain business utilities from state sales and use taxes (RE -$62,000,000 GF RV See Note)
 HCR32HORTONTAX/SALES & USE - Suspends the .45% state sales and use tax levy imposed in R.S. 47:321.1 until 60 days after final adjournment of the 2020 R.S. (OR -$392,000,000 GF RV See Note)

OTHER BUSINESS

ANNOUNCEMENTS