Senate Committee on Revenue and Fiscal Affairs
April 17, 2023
9:30 A.M.
John J. Hainkel, Jr. Room
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:
June 1, 2022
LEGISLATION TO BE CONSIDERED
SB5
BRET ALLAIN
TAX/AD VALOREM
- Provides for alternatives in lieu of payment under protest for challenges to ad valorem tax assessments. (8/1/23) (EN SEE FISC NOTE LF RV See Note)
SB6
BRET ALLAIN
TAX/FRANCHISE/CORPORATE
- Reduces the rate of the Quality Jobs Program project facility expense rebate when certain conditions are met. (1/1/24) (EN SEE FISC NOTE GF RV See Note)
SB27
CATHEY
TAX EXEMPTIONS
- Provides for the Brownfields Investor Tax Credit. (8/1/23) (OR DECREASE GF RV See Note)
SB47
CONNICK
TAX EXEMPTIONS
- Provides for the Angel Investor Tax Credit. (8/1/23) (OR DECREASE GF RV See Note)
SB61
STINE
TAX/INCOME/PERSONAL
- Creates an individual income tax checkoff for donations for Holden's Hope. (8/1/23) (EN NO IMPACT GF RV See Note)
SB69
FOIL
TAX/TAXATION
- Extends the sunset of the research and development tax credit. (gov sig) (EN -$1,000,000 GF RV See Note)
SB75
CONNICK
REVENUE DEPARTMENT
- Provides relative to the assessment of taxes by the Department of Revenue. (8/1/23) (EN NO IMPACT See Note)
SB77
REESE
CAPITAL OUTLAY
- Provides relative to the capital outlay process. (8/1/23) (EN INCREASE LF EX See Note)
SB88
CATHEY
TAX EXEMPTIONS
- Establishes an employer supported maternal healthcare tax credit. (gov sig) (EG -$2,500,000 GF RV See Note)
SB108
HARRIS
TAX/TAXATION
- Provides relative to the Angel Investor Tax Credit Program. (gov sig) (EN DECREASE GF RV See Note)
SB114
STINE
TAX/INCOME/PERSONAL
- Provides for an individual income tax exclusion for retirement income from pensions and annuities. (8/1/23) (OR -$663,000,000 GF RV See Note)
SB118
HARRIS
TAX/SALES
- Extends the sunset of the Louisiana Tax Free Shopping Program. (gov sig) (EN DECREASE GF RV See Note)
SB121
FOIL
TAX/INCOME/PERSONAL
- Provides for an individual income tax exemption for all annual retirement income of individuals sixty-five years of age or older. (8/1/23) (OR -$663,000,000 GF RV See Note)
SB183
TALBOT
TAX/INCOME/PERSONAL
- Provides relative to the construction code retrofitting deduction for individual income tax. (gov sig) (EN DECREASE 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.