Senate Committee on Revenue and Fiscal Affairs
May 3, 2021
9:00 a.m.
John J. Hainkel, Jr. Room

Adjourned
 


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

ROLL CALL

MINUTES TO BE APPROVED:
 April 26, 2021

LEGISLATION TO BE CONSIDERED
 SB5FOILTAX/INCOME/PERSONAL - Excludes amounts deposited into certain education savings accounts for tuition expenses for elementary and secondary schools from state income tax. (1/1/22) (EN DECREASE GF RV See Note)
 SB45JIMMY HARRISTAX/TAXATION - Extends the sunset date for Ports of Louisiana tax credits. (gov sig) (EN SEE FISC NOTE GF RV See Note)
 SB200MCMATHTAX EXEMPTIONS - Exempts admissions to certain live entertainment events from state sales and use tax. (gov sig) (EG DECREASE GF RV See Note)
 SB217JIMMY HARRISTAX/TAXATION - Provides for the Louisiana Import Tax Credit. (gov sig) (EN -$683,000 GF RV See Note)
 SB237FOILTAX/TAXATION - Creates the Infrastructure and Jobs Creation Tax Credit Program to fund grants for public-private partnership investment in Louisiana. (8/1/21) (OR DECREASE GF RV See Note)
 SB240LUNEAUTAX/TAXATION - Limits the utilization of income and corporation franchise tax credits to total tax liability. (gov sig) (RE INCREASE GF RV See Note)
 SB243TROY CARTERTAX/TAXATION - Creates an apprenticeship tax credit program. (gov sig) (OR -$1,200,000 GF RV See Note)
 HB199SCHEXNAYDERTAX/SALES & USE - (Constitutional Amendment) Provides for the State and Local Streamlined Sales and Use Tax Commission (EN SEE FISC NOTE See Note)
 HB514MAGEETAX/SALES & USE - Levies a state tax on raw or crude marijuana recommended for therapeutic use and provides for the disposition of the collections of the tax (EN -$296,000,000 GF RV See Note)

CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE

ADJOURNMENT
 Persons who do not feel comfortable giving testimony in person may submit a prepared statement in accordance with Senate Rule 13.79, in lieu of appearing before the committee. Statements may be emailed to simpsons@legis.la.gov and must be received by the committee secretary at least three hours prior to the meeting to be included in the record for this committee meeting. Audio/visual presentations, such as PowerPoint, must be received by the committee secretary at simpsons@legis.la.gov at least twenty-four hours PRIOR to the scheduled start of the committee meeting for review and prior approval. Thumb drives will NOT be accepted. Persons desiring to participate in the meeting should utilize appropriate protective health measures and observe the recommended and appropriate social distancing.