Agenda - Revenue and Fiscal Affairs

Senate Committee on Revenue and Fiscal Affairs
May 20, 2021 1:30 p.m. Room A-B
Adjourned

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 17, 2021
LEGISLATION TO BE CONSIDERED
		SCR49	TALBOT	TAX/TAXATION - Requests the Department of Revenue and the state Department of Education to jointly report on the implementation of tax credits for donations to school tuition organizations. (EN NO IMPACT See Note)
		SB175	BRET ALLAIN	TAX/FRANCHISE/CORPORATE - Provides for a single rate of corporation franchise tax. (See Act) (EG -$24,500,000 GF RV See Note)
		SB242	WARD	TAX/TAXATION - Clarifies the carryforward period for the inventory tax credit. (gov sig) (OR DECREASE GF RV See Note)
		HB26	MCCORMICK	TAX/SEVERANCE-EXEMPTION - Provides with respect to the severance tax exemption for stripper wells (EN NO IMPACT GF RV See Note)
		HB94	FONTENOT	TAX COMMISSION, STATE - Extends authority for imposition of certain fees levied by the Louisiana Tax Commission for the assessment of certain properties (EN SEE FISC NOTE SG RV See Note)
		HB200	BACALA	TAX/INCOME TAX - Exempts military survivor benefit plan payments from state individual income tax (EN -$1,500,000 GF RV See Note)
		HB525	LANCE HARRIS	TAX/TOBACCO TAX - Excludes certain products from the excise tax levied on tobacco (EG DECREASE GF RV See Note)
		HB662	COUSSAN	TAX/SEVERANCE-EXEMPTION - Exempts oil production of certain orphaned wells from severance tax (EG SEE FISC NOTE GF RV See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
	To review and approve the proposed third party convenience fee schedules for certain online service transactions pursuant to R.S. 49:316.1 for the Louisiana Department of Health.
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.