Senate Committee on Revenue and Fiscal Affairs
April 19, 2021
10:00 a.m.
John J. Hainkel, Jr. Room
Adjourned
* Agenda Revised April 15, 2021, 2:41 pm *
Revision Notes:
Removed: SB45 and SB217 Added: SB11 Added: Minutes to be approved: April 13, 2021
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
MINUTES TO BE APPROVED:
April 13, 2021 and April 15, 2021
LEGISLATION TO BE CONSIDERED
SB6
CATHEY
TAX/SALES
- Exempts purchases of utilities used by commercial farmers for on-farm storage from state sales and use tax. (gov sig) (EN DECREASE GF RV See Note)
SB11
TALBOT
TAX EXEMPTIONS
- Provides an individual and corporation income tax exemption for state and federal COVID-19 relief benefits. (gov sig) (EN DECREASE GF RV See Note)
SB31
CATHEY
TAX EXEMPTIONS
- Provides an exemption from state individual income tax for digital nomads. (gov sig) (EN SEE FISC NOTE GF RV See Note)
SB200
MCMATH
TAX EXEMPTIONS
- Exempts admissions to certain live entertainment events from state sales and use tax. (gov sig) (EG DECREASE GF RV See Note)
SB208
FOIL
TAX/TAXATION
- Establishes the Invest Louisiana Small Business Development Fund and authorizes a premium tax credit for small business growth investments made by qualified investors. (1/1/22) (OR -$30,000,000 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.