Agenda - Revenue and Fiscal Affairs

Senate Committee on Revenue and Fiscal Affairs
October 12, 2020 1:00 p.m. John J. Hainkel, Jr. Room
Adjourned
* Agenda Revised October 8, 2020, 9:52 am * Revision Notes: Added: SB 72 Removed: SB 57

BLUE = already considered. RED = currently being considered. BLACK = not yet considered.
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CALL TO ORDER
ROLL CALL
MINUTES TO BE APPROVED:
	October 5, 2020
LEGISLATION TO BE CONSIDERED
		SCR5	REESE	EMPLOYMENT - Suspends certain provisions of law relative to the application of certain wages and benefits for the next calendar year. (Items #8 and #30) (EN SEE FISC NOTE SD See Note)
		SCR9	CORTEZ	UNEMPLOYMENT COMP - Suspends the provision of law providing for an unemployment insurance solvency tax. (Items #8 and #30) (EN DECREASE SD RV See Note)
		SB24	TALBOT	FEES/LICENSES/PERMITS - Provides an exemption to certain fees collected by the Louisiana Department of Health. (gov sig) (Item #32) (RE DECREASE SG RV See Note)
		SB52	REESE	TAX/AD VALOREM - Provides for credits for certain ad valorem taxes paid for the 2020 tax year. (gov sig) (Item #26) (EN SEE FISC NOTE GF RV See Note)
		SB55	CORTEZ	UNEMPLOYMENT COMP - Provides for the unemployment insurance procedure to be applied by the administrator for calendar year 2021. (gov sig) (Items #8 and #30) (EN SEE FISC NOTE SD See Note)
		SB62	SMITH	TAX/AD VALOREM - Provides for the refundable portion of the inventory tax credit for certain manufacturers impacted by the 2020 emergencies and disasters. (gov sig) (Item #26) (EN DECREASE GF RV See Note)
		SB72	TALBOT	TAX/INCOME/CORPORATE - Authorizes an income tax credit for certain businesses whose operations were interrupted as a result of the COVID-19 pandemic. (gov sig) (Items #26 and #65) (EN -$2,000,000 GF RV See Note)
		HB5	DESHOTEL	TAX CREDITS - Establishes an income or corporation franchise tax credit for certain broadband coverage providers (Items #39 & 65) (RE -$50,000,000 GF RV See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT
	Persons who do not feel comfortable giving testimony in person may submit a prepared statement in accordance with Senate Rule 13.79, in lieu of appearing before the committee. Statements may be emailed to simpsons@legis.la.gov and must be received by the committee secretary at least three hours prior to the meeting to be included in the record for this committee meeting. Audio/visual presentations, such as PowerPoint, must be received by the committee secretary at simpsons@legis.la.gov at least twenty-four hours PRIOR to the scheduled start of the committee meeting for review and prior approval. Thumb drives will NOT be accepted. Persons desiring to participate in the meeting should utilize appropriate protective health measures and observe the recommended and appropriate social distancing.