Agenda - Ways and Means

House Committee on Ways and Means
May 19, 2015 9:00 a.m. Room 6
Adjourned
* Agenda Revised May 18, 2015, 4:51 pm * Revision Notes: Added HCR 19

BLUE = already considered. RED = currently being considered. BLACK = not yet considered.
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CALL TO ORDER
ROLL CALL
DISCUSSION OF LEGISLATION
	HCR19	STOKES	TAX RETURN - Urges and requests the secretary of the Department of Revenue to accept an individual taxpayer's federal income tax return extension as a taxpayer's extension of time to file his state income tax return
	HCR45	BOUIE	AUDITS/AUDITING - Directs the legislative auditor to conduct certain audits to identify unpaid severance tax payments
	HB217	BOUIE	TAX CREDITS - Changes the definition of "qualified community development business" for purposes of the insurance premium tax credit available through the La. New Markets Jobs Act (OR NO IMPACT GF RV See Note)
	HB367	ARNOLD	TAX/AD VALOREM-EXEMPTION - Provides relative to the definition of a nonprofit corporation organized and operated for fraternal purposes for purposes of ad valorem property tax exemptions (OR SEE FISC NOTE LF RV)
	HB387	LEGER	TAX/INCOME-CREDIT - Extends the sunset of the tax credit for the rehabilitation of historic structures for nonresidential property and provides eligibility requirements (EN -$9,000,000 GF RV See Note)
	HB460	LEOPOLD	TAX COMMISSION, STATE - Provides relative to qualifications of members appointed to serve on the La. Tax Commission (OR NO IMPACT GF RV See Note)
	HB471	STOKES	TAX/SALES & USE - Establishes the Sales Tax Streamlining and Modernization Commission to perform a comprehensive study of Louisiana's state and local sales and use tax systems (EN SEE FISC NOTE GF EX See Note)
	HB473	HAVARD	TAX/PROPERTY - Authorizes certain parties to protest the assessed valuation of certain public service property for purposes of ad valorem property tax (OR INCREASE GF EX See Note)
	HB556	BURRELL	TAX CREDITS - Provides relative to the Urban Revitalization Tax Incentive Program (OR SEE FISC NOTE GF RV)
	HB567	PEARSON	TAX/TAX REBATES - Provides a sunset date for all tax rebates (OR INCREASE GF RV See Note)
	HB589	BURRELL	TAX CREDITS - Establishes criteria for participation in the enterprise zone program for the receipt of tax credits and rebate payments (OR SEE FISC NOTE GF RV)
	HB604	STOKES	TAX CREDITS - Requires verification of qualified expenditures for certification of certain tax credits by the Dept. of Economic Development (EN +$4,762,000 SG RV See Note)
	HB664	STOKES	TAX/INCOME-CREDIT - Defines" inventory" for purposes of the tax credit for ad valorem taxes paid on inventory (EN NO IMPACT GF RV See Note)
	HB678	STOKES	TAX CREDITS - Requirements for inclusion of a Louisiana promotional graphic or activity for productions eligible for certain entertainment industry tax credits (EN NO IMPACT GF EX See Note)
	HB681	KLECKLEY	BONDS - Changes the description of a capital improvement project for the SOWELA Technical Community College to be financed through the sale of bonds (EG1 NO IMPACT See Note)
	HB721	IVEY	REVENUE SECRETARY - Provides relative to penalties collected by the Department of Revenue (EN +$5,900,000 SG RV See Note)
	HB735	STOKES	TAX/INCOME TAX - Requires the withholding of individual income taxes from income earned by certain individuals for purposes of the motion picture investor tax credit (EN SEE FISC NOTE GF RV See Note)
	HB748	STOKES	TAX CREDITS - Provides relative to the motion picture investor tax credit and the motion picture infrastructure investor tax credit (EN DECREASE GF RV See Note)
	HB749	BURRELL	TAX CREDITS - Requires the review of tax credits (EN NO IMPACT GF RV See Note)
	HB763	STOKES	TAX/INCOME-CREDIT - Limits transferability and increases the amount of the state's buy-back on the motion picture investor tax credit (OR SEE FISC NOTE GF RV)
	HB774	THIERRY	FEES/LICENSES/PERMITS - Provides relative to fees charged by the Department of Revenue (EN +$3,500,000 SG RV See Note)
	HB809	BILLIOT	TAX/STATE - Provides with respect to a tax on certain money transmission activities and a tax credit for payment of the tax (OR DECREASE GF RV See Note)
	HB826	IVEY	TAX/SALES & USE - Establish the fee to be charged by the Department of Revenue for the collection and enforcement of collection of sales and use taxes of other taxing authorities (EG INCREASE SG RV See Note)
	HB827	CAMERON HENRY	TAX/CORP INCOME - Phases out corporation income tax
	HB828	CAMERON HENRY	TAX/CORP FRANCHISE - Phases out corporation franchise tax (RE -$36,500,000 GF RV See Note)
OTHER BUSINESS
ANNOUNCEMENTS