Senate Committee on Revenue and Fiscal Affairs
May 19, 2025
1:30 PM
John J. Hainkel, Jr. Room
Adjourned
* Agenda Revised May 18, 2025, 1:49 pm *
Revision Notes:
Removes HB578, HB 667
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.
ROLL CALL
MINUTES TO BE APPROVED:
February 21, 2024
May 12, 2025
LEGISLATION TO BE CONSIDERED
HB211
MANDIE LANDRY
TAX CREDITS
- Modifies the definition of "eligible transaction" for purposes of the firearm safety device purchase tax credit (EG DECREASE GF RV See Note)
HB365
DESHOTEL
TAX/AD VALOREM TAX
- Provides for an optional exemption of business inventory from ad valorem taxes and to authorize the reduction of the fair market value percentage of business inventory under certain circumstances (EG1 SEE FISC NOTE GF EX See Note)
HB366
DESHOTEL
TAX/AD VALOREM TAX
- (Constitutional Amendment) Authorizes parishes to exempt business inventory from ad valorem taxes and authorizes parishes to reduce the percentage of fair market value applicable to business inventory (RE1 SEE FISC NOTE LF RV)
HB381
BRASS
CAPITAL OUTLAY
- Increases the population limitation of municipalities for purposes of eligibility for a waiver of the matching funds requirement for capital outlay projects (EG1 DECREASE LF EX See Note)
HB475
FIRMENT
TAX CREDITS
- Extends the sunset date of the tax credit for retaliatory taxes paid by certain domestic insurers (EG SEE FISC NOTE GF RV)
HB523
ROMERO
TAX/SALES & USE
- Provides for the payment of vendor's compensation for the timely collection and remittance of state and local sales taxes (EG1 DECREASE LF RV See Note)
HB665
WILLARD
TAX CREDITS
- Provides relative to the Angel Investor Tax Credit Program (EG DECREASE GF RV See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
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