House Committee on Ways and Means
November 7, 2024
9:00 a.m.
Room 6

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

INSTRUMENTS TO BE HEARD
 HB1EMERSONTAX/INCOME TAX - Provides for a flat rate for purposes of calculating income tax for individuals, estates, and trusts, increases the standard deduction, and modifies or repeals certain income tax deductions and credits (Item #5 and 6) (RE1 DECREASE GF RV See Note)
 HB2EMERSONTAX/CORP INCOME - Provides for a flat rate for purposes of calculating corporate income tax and terminates certain corporate income tax exemptions, deductions, and credits (Item #4) (RE1 SEE FISC NOTE RV See Note)
 HB3EMERSONTAX/CORP FRANCHISE - Repeals the corporation franchise tax and limits eligibility of certain credits to be claimed against corporation franchise tax (Item #3) (RE -$574,000,000 RV See Note)
 HB7EMERSONFUNDS/FUNDING - (Constitutional Amendment) Revises Article VII of the Constitution of La. (Items #1, 2, 7, and 14) (RR1 DECREASE RV See Note)
 HB8BRASSTAX/SALES & USE - Levies sales and use taxes on certain digital products and services (Items #8 and 13) (RE +$40,000,000 RV See Note)
 HB9RISERTAX/SALES & USE - Provides for sales and use tax on certain services (Items #8 and 13) (EG +$492,000,000 RV See Note)
 HB10WRIGHTTAX/SALES & USE - Provides for the rate of the state sales and use tax and provides for the exemptions, exclusions, credits, and rebates claimed against sales and use taxes (Item #8) (RE1 +$845,000,000 RV See Note)
 HB11DESHOTELTAX/AD VALOREM TAX - Provides for the homestead exemption, special assessment level, and other property tax exemptions for purposes of determining ad valorem taxation of certain property (Items #1 and 10) (RE1 SEE FISC NOTE LF RV See Note)

OTHER BUSINESS

ANNOUNCEMENTS

Any legislative instrument listed on the agenda for Thursday, November 7th, that is not disposed of will be carried over to the meeting on Friday, November 8th. (House Rule 14.24(A))

Pursuant to House Rule 14.33, any interested person or any committee member may file with the committee a prepared statement concerning a specific instrument or matter under consideration by the committee or concerning any matter within the committee's scope of authority, and the committee records shall reflect receipt of such statement and the date and time thereof.

NOTE: Statements may be filed with the House Committee on Ways and Means via e-mail at hwmc@legis.la.gov.

Audio/visual presentations, such as PowerPoint, shall be filed with the Ways and Means Committee via email at hwmc@legis.la.gov at least twenty-four hours prior to the scheduled start of the committee meeting. No flash or thumb drives will be accepted.