Senate Committee on Revenue and Fiscal Affairs
May 25, 2023
Upon Adjournment of Senate Natural Resources
Room A-B
Adjourned
* Agenda Revised May 24, 2023, 5:36 pm *
Revision Notes:
Added HB483 and HB513
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:
May 15, 2023
LEGISLATION TO BE CONSIDERED
HB46
HUGHES
TAX EXEMPTIONS/NONPROFIT
- (Constitutional Amendment) Restricts eligibility of nonprofit organizations for property tax exemptions for residential property found to endanger public health or safety (EN SEE FISC NOTE LF RV See Note)
HB392
FRIEMAN
CAPITAL OUTLAY
- Provides relative to line of credit recommendations for certain capital outlay projects funded through the Capital Outlay Act (RE NO IMPACT See Note)
HB408
WILLARD
TAX CREDITS
- Exempts certain research and development tax credit recipients from detailed examinations by the Department of Economic Development (EN SEE FISC NOTE GF EX See Note)
HB493
DUSTIN MILLER
MEDICAID
- Provides for fees on emergency ground ambulance providers and the disposition of fees (EN INCREASE SD RV See Note)
HB610
JENKINS
TAX/INCOME-INDIV/EXEMPT
- Increases the tax-exempt amount of annual retirement income (EG -$15,300,000 GF RV See Note)
HB618
WILLARD
TAX CREDITS
- Provides with respect to the credit and the deduction for taxes paid to other states (EN +$39,000,000 GF RV See Note)
HB619
MANDIE LANDRY
TAX/SALES & USE
- Provides for applicability of sales tax to sales of admissions to certain museums (EN INCREASE GF RV See Note)
HB631
NELSON
TAX/CORP INCOME
- Provides with respect to the sourcing of sales for purposes of calculating Louisiana income (EN SEE FISC NOTE GF RV See Note)
HB638
MCFARLAND
TAX/INCOME TAX
- Provides relative to tax benefits for adoption of children from foster care and donations to foster care charitable organizations (RE DECREASE GF RV See Note)
HCR55
FIRMENT
CONGRESS
- Memorializes congress to pass legislation allowing for tax-advantaged catastrophe savings accounts (EN NO IMPACT See Note)
HB483
MAGEE
TAX CREDITS
- Provides relative to the rehabilitation of historic structures tax credit (EN -$32,500,000 GF RV See Note)
HB513
MAGEE
TAX CREDITS
- Establishes an insurance premium tax credit for retaliatory taxes paid by certain domestic insurers (EN -$9,000,000 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.