Senate Committee on Revenue and Fiscal Affairs
May 3, 2021
9:00 a.m.
John J. Hainkel, Jr. Room
Adjourned
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 26, 2021
LEGISLATION TO BE CONSIDERED
SB5
FOIL
TAX/INCOME/PERSONAL
- Excludes amounts deposited into certain education savings accounts for tuition expenses for elementary and secondary schools from state income tax. (1/1/22) (EN DECREASE GF RV See Note)
SB45
HARRIS
TAX/TAXATION
- Extends the sunset date for Ports of Louisiana tax credits. (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)
SB217
HARRIS
TAX/TAXATION
- Provides for the Louisiana Import Tax Credit. (gov sig) (EN -$683,000 GF RV See Note)
SB237
FOIL
TAX/TAXATION
- Creates the Infrastructure and Jobs Creation Tax Credit Program to fund grants for public-private partnership investment in Louisiana. (8/1/21) (OR DECREASE GF RV See Note)
SB240
LUNEAU
TAX/TAXATION
- Limits the utilization of income and corporation franchise tax credits to total tax liability. (gov sig) (RE INCREASE GF RV See Note)
SB243
TROY CARTER
TAX/TAXATION
- Creates an apprenticeship tax credit program. (gov sig) (OR -$1,200,000 GF RV See Note)
HB199
SCHEXNAYDER
TAX/SALES & USE
- (Constitutional Amendment) Provides for the State and Local Streamlined Sales and Use Tax Commission (EN SEE FISC NOTE See Note)
HB514
MAGEE
TAX/SALES & USE
- Provides for the dedication of certain vehicle sales and use taxes (EN -$296,000,000 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.