Senate Committee on Revenue and Fiscal Affairs
November 17, 2005
11:00 am
Room A-B
Adjourned
BLUE
= already considered.
RED
= currently being considered.
BLACK
= not yet considered.
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Committee Meeting Agenda
SB99
MOUNT
BONDS
- Excludes from net state tax supported debt certain bonds or notes issued by the state to provide relief from the natural catastrophe caused by hurricanes Katrina and Rita. (2/3 - CA7s6(F)) (OR SEE FISC NOTE GF EX)
SB100
MOUNT
BONDS
- Authorizes issuance of bonds and provides for use of bond proceeds to provide relief from natural catastrophes. (2/3 - CA7s6(A)) (gov sig) (OR INCREASE GF EX See Note)
HB24
HAMMETT
TAX/INCOME TAX
- Increases deduction from state income taxes for federal income taxes paid by the amount of presidential disaster area relief credits (Item #11) (EN SEE FISC NOTE GF RV See Note)
HB39
HAMMETT
TAX/SALES & USE
- Exempts manufacturing machinery and equipment purchased to replace certain hurricane-damaged equipment (Item #15) (EN -$2,000,000 GF RV See Note)
HB40
HAMMETT
TAX/SALES-USE, STATE
- Caps the state sales tax on natural gas and electricity costs to certain industries (Item #17) (EN -$20,834,000 GF RV See Note)
HB41
HAMMETT
TAX/CORP FRANCHISE
- Provides for the computation of borrowed capital by corporations affected by Hurricane Katrina or Rita which have incurred extraordinary debt (Item #16) (EN -$12,900,000 GF RV See Note)