Senate Committee on Revenue and Fiscal Affairs
June 6, 2011
2:00 pm
John J. Hainkel, Jr. Room
Adjourned
* Agenda Revised June 5, 2011, 3:46 pm *
Revision Notes:
Added HB 456
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
LEGISLATION TO BE CONSIDERED
SB257
CROWE
TAX/TAXATION
- Remove the requirement for certification by the commissioner of administration and approval by the Joint Legislative Committee on the Budget and the state bond commission before the Investor Tax Credit and the Import Export Cargo Credit for ports may be issued by the Department of Economic Development. (7/1/11) (OR SEE FISC NOTE GF RV)
HB37
NOWLIN
TAX
- Provides relative to the monthly transmission of certain tax collection information for local taxes (EN NO IMPACT LF EX See Note)
HB104
DOWNS
TAX COMMISSION, STATE
- Provides relative to certain meetings of the La. Tax Commission (EN NO IMPACT GF EX See Note)
HB135
NOWLIN
TAX/PROPERTY TRANSFER
- (Constitutional Amendment) Prohibits the levy of new taxes or fees upon the sale or transfer of immovable property after Nov. 30, 2011 (EN SEE FISC NOTE LF RV See Note)
HB282
ELLINGTON
TAX/SALES & USE
- Extends termination of the state sales and use tax exclusion for certain alternative substances used as fuel by manufacturers (EN -$40,000 GF RV See Note)
HB310
CAMERON HENRY
ECONOMIC DEVEL/SECY
- Provides with respect to the secretary's approval of bond-financed local contracts (EG NO IMPACT GF EX See Note)
HB456
MORENO
ECONOMIC DEVEL/ENT ZONE
- Extends the La. Enterprise Zone Act to include transit-oriented multifamily developments (EN -$1,400,000 GF RV See Note)
HB458
HILL
TAX/INCOME-INDIV/RETURN
- Creates an individual income tax return checkoff for donations to the La. Food Bank Association (EN NO IMPACT GF RV See Note)
HB486
GREENE
TAX/SALES-USE-EXEMPT
- Clarifies that video-on-demand and pay-per-view services shall be exempt from state and local sales and use tax (RE1 SEE FISC NOTE GF RV See Note)
HB592
ST.GERMAIN
TAX EXEMPTIONS
- Extends the period in which new applications for tax benefits pursuant to the Atchafalaya Trace Heritage Area Development Zone may be approved (EN -$8,400 GF RV See Note)
HB595
LABRUZZO
TAX CREDITS
- Authorizes the wind or solar energy systems tax credit in addition to any federal grant for the same system (EG1 +$1,500,000 GF RV See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT