Senate Committee on Revenue and Fiscal Affairs
May 21, 2020
1:00 p.m.
Room A-B

Adjourned		 
* Agenda Revised May 20, 2020, 3:49 pm *
Revision Notes: Added: HCR66, HCR76, HCR77, HCR78 and HCR79

 		 



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

ROLL CALL

MINUTES TO BE APPROVED:
 May 15, 2020

LEGISLATION TO BE CONSIDERED
 HB97LACOMBECAPITAL OUTLAY - Removes certain limitations on the exemption from local match requirements for certain rural water system projects (EN NO IMPACT GF EX See Note)
 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)
 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)
 HCR4BEAULLIEUTAX/AD VALOREM-EXEMPTION - Amends rules relative to participation in the Industrial Tax Exemption Program (EN SEE FISC NOTE LF RV See Note)
 HCR31EDMONDSTAX/SALES & USE - Suspends provision of law capping amount of revenue which can be spent on in-state advertising (EN NO IMPACT See Note)
 HCR66BISHOPTAX/CORP FRANCHISE - Suspends the lower tier of the corporation franchise tax levied on domestic and foreign corporations and the initial tax levied on certain business entities subject to the corporate franchise tax (EN -$5,800,000 GF RV See Note)
 HCR76WRIGHTTAX/CORP INCOME - Urges and requests that any proclamation convening an extraordinary session of the legislature in 2020 include changes to the carryback provisions of the corporate income tax deduction for net operating losses
 HCR77SCHEXNAYDERCOMMERCE - Urges and requests removal of public and private sector barriers to accelerate the expansion of broadband in the state
 HCR78SCHEXNAYDERCOMMERCE - Provides relative to Louisiana broadband maps to identify access and activation gaps
 HCR79BISHOPTAX CREDITS - Urges and requests that any proclamation convening an extraordinary session of the legislature in 2020 include changes to eligibility requirements to participate in the Enterprise Zone incentive

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:

Only statements emailed to simpsons@legis.la.gov and received prior to May 21, 2020, at 12:00 p.m., will be included in the record for this committee meeting.

All persons desiring to participate in the meeting should utilize appropriate protective health measures and observe the recommended and appropriate social distancing.