Senate Committee on Revenue and Fiscal Affairs
June 1, 2017
Upon Adjournment of Local & Municipal Affairs
Room F

Adjourned
 
* Agenda Revised May 31, 2017, 8:05 pm *
Revision Notes: Added: HB113, HB189, HB234, HB259, HB327

 



  BLUE = already considered.   RED = currently being considered.   BLACK = not yet considered.
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CALL TO ORDER

ROLL CALL

LEGISLATION TO BE CONSIDERED
 HB113BROADWATERSTUDENT/TUITION - Extends, with limitations, the authority of public postsecondary education management boards to establish and increase student fees (EN INCREASE SG RV See Note)
 HB145GAROFALOTAX/AD VALOREM-EXEMPTION - (Constitutional Amendment) Establishes an ad valorem property tax exemption for the surviving spouse of a person who died while performing their duties as an emergency medical responder, technician, or paramedic (EN SEE FISC NOTE LF RV See Note)
 HB187CROMERTAX CREDITS - Terminates the solar energy systems tax credit and provides relative to the payment of claims for the tax credit for purchased systems (EN -$15,000,000 GF RV See Note)
 HB189DEVILLIERCAPITAL OUTLAY - Provides relative to capital outlay reform (RE NO IMPACT See Note)
 HB234ZERINGUECAPITAL OUTLAY - Provides relative to the local match requirements for non-state entities applying for capital outlay funding (EG NO IMPACT GF RV See Note)
 HB259ZERINGUELEVEES - (Constitutional Amendment) Provides relative to the taxing authority of certain levee districts (REF SEE FISC NOTE LF RV See Note)
 HB264S.BISHOPTAX/SALES-USE-EXEMPT - Specifies the types of construction contracts eligible for exclusion from the levy of a new state or local sales and use tax (EN DECREASE GF RV See Note)
 HB302L.HARRISPROBATION - Increases the maximum amount of parole supervision fees and provides relative to the use of the funds (RE1 INCREASE SG RV See Note)
 HB313STOKESTAX CREDITS - Authorizes eligibility for the inventory tax credit for certain property held by persons engaged in the short term rental of such items (EN DECREASE GF RV See Note)
 HB327SCHEXNAYDERCOURTS/DISTRICT - Establishes the Ascension Parish Courthouse Fund for the construction of a new courthouse for the Twenty-Third Judicial District Court and the Ascension Parish Court (EN +$1,985,370 LF RV See Note)
 HB337STOKESTAX CREDITS - Provides for an individual income tax credit for improvements made to the residences of individuals with certain disabilities (EN DECREASE GF RV See Note)
 HB353STOKESTAX/INCOME TAX - (Constitutional Amendment) Eliminates the income tax deduction for federal income taxes paid for purposes of computing individual income taxes and the references to the maximum amount of individual income tax rates and brackets (EG SEE FISC NOTE See Note)
 HB356IVEYTAX/CORP INCOME - (Constitutional Amendment) Provides for flat income tax rates and eliminates the income tax deduction for federal income taxes paid for purposes of calculating corporate income tax liability (RE SEE FISC NOTE See Note)
 HB396DWIGHTTAX/SALES-USE, ST-EXEMPT - Provides for the effectiveness and applicability of the state sales and use tax exclusion for sales of gold, silver, or numismatic coins, and platinum, gold, or silver bullion (EN SEE FISC NOTE GF RV See Note)
 HB444SEABAUGHTAX/AD VALOREM-EXEMPTION - (Constitutional Amendment) Establishes an ad valorem tax exemption for property subject to a cooperative endeavor agreement requiring the property owner make payments in lieu of taxes (RR SEE FISC NOTE LF RV See Note)
 HB445SEABAUGHTAX/AD VALOREM TAX - Authorizes and provides for cooperative endeavor agreements between local governmental subdivisions and other entities that may require payments in lieu of ad valorem taxes (RE1 SEE FISC NOTE LF RV See Note)
 HB461S.BISHOPTAX/SEVERANCE-EXEMPTION - Provides for severance tax exemptions for certain inactive and orphan wells (EN DECREASE GF RV See Note)
 HB501STOKESTAX/INCOME TAX - Changes the rates and brackets for purposes of calculating individual income tax liability and eliminates certain deductions and credits (RE +$5,000,000 GF RV See Note)
 HB508JAMESTAX CREDITS - Authorizes a fee for the transfer of film tax credits (EN INCREASE SD RV See Note)
 HB534JAMESTAX/TAX REBATES - Authorizes a rebate for taxpayers who donate to certain higher education scholarship and grant programs (RE -$5,000,000 GF RV See Note)
 HB555JACKSONTAX/CORP INCOME - Provides relative to the corporate income tax deduction for certain dividend income (EN DECREASE GF RV See Note)
 HB582P.SMITHTAX - Provides relative to the telecommunications tax for the deaf (EN +$4,700,000 SD RV See Note)
 HB601STOKESTAX/SALES-USE, LOCAL - Establishes the Louisiana Uniform Local Sales Tax Board (EN INCREASE OF EX See Note)
 HB639SCHEXNAYDERTAX CREDITS - Excludes compensation earned by certain out-of-state employees and nonresident businesses for disaster or emergency-related work performed during disaster periods from state income tax (RE1 DECREASE GF RV See Note)
 HB646LEGERTAX CREDITS - Provides for changes to the sound recording investor tax credit and provides for the amount of the expenditure verification report fee and deposit (EN DECREASE GF RV See Note)
 HB651BROADWATERTAX/CORP INCOME - Provides relative to corporate income tax credits (REF +$12,500,000 GF RV See Note)
 HB686BROADWATERECONOMIC DEVELOPMENT - Provides for the Louisiana-Headquartered Motion Picture Production Cooperative Endeavor Program (RE SEE FISC NOTE GF RV See Note)

CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
 Review and approve proposed rule change to the School Readiness Tax Credits pursuant to R.S. 47:6103(B) requested by the Louisiana Department of Education.


ADJOURNMENT