House Committee on Ways and Means
April 18, 2023
9:00 a.m.
Room 6
Adjourned
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
DISCUSSION OF LEGISLATION
HB32
SCHLEGEL
TAX/INCOME TAX
- Increases the amount of the individual income tax deductions for elementary and secondary school tuition, educational expenses for home-schooled children, and educational expenses for a quality public education (EN -$2,200,000 GF RV See Note)
HB52
MIKE JOHNSON
TAX CREDITS
- Establishes an individual income tax credit for volunteer firefighters (OR DECREASE GF RV See Note)
HB126
FIRMENT
TAX/INCOME TAX
- Authorizes individual income tax deductions for contributions to catastrophe savings accounts (OR DECREASE GF RV See Note)
HB154
BEAULLIEU
TAX/INCOME TAX
- Establishes an income tax exemption for certain veteran-owned businesses (OR DECREASE GF RV See Note)
HB156
DEVILLIER
TAX CREDITS
- Reduces the annual cap on the amount of motion picture production tax credits awarded, the cap on the amount of credits claimed on tax returns, and the per project cap (OR +$100,000,000 GF RV See Note)
HB162
WILLARD
TAX CREDITS
- Increases the amount of the earned income tax credit (OR -$66,900,000 GF RV See Note)
HB243
PHILLIP TARVER
TAX/INCOME-INDIV/CREDIT
- Authorizes a one-time refundable individual income tax credit for certain Louisiana taxpayers (OR -$275,400,000 GF RV See Note)
HB247
MANDIE LANDRY
TAX/INCOME-INDIV/CREDIT
- Establishes a tax credit for purchases of firearm safety devices (EN -$500,000 GF RV See Note)
HB255
MANDIE LANDRY
TAX CREDITS
- Establishes a tax credit for restaurants that recycle oyster shells (EN DECREASE GF RV See Note)
HB386
BEAULLIEU
TAX CREDITS
- Establishes a tax credit for infant adoptions and the Strong Louisiana Families Tax Credit for donations to certain social service organizations (OR -$16,900,000 GF RV See Note)
HB408
WILLARD
TAX CREDITS
- Exempts certain research and development tax credit recipients from detailed examinations by the Department of Economic Development (EN SEE FISC NOTE GF EX See Note)
HB411
GLOVER
TAX CREDITS
- Expands the types of investments eligible for the insurance premium tax credit (EN DECREASE GF RV See Note)
HB426
BRYANT
TAX CREDITS
- Provides relative to the work opportunity tax credit for businesses that hire certain formerly incarcerated persons (OR DECREASE GF RV See Note)
HB429
PRESSLY
TAX CREDITS
- Provides relative to the Angel Investor Tax Credit Program (OR -$1,250,000 GF RV See Note)
HB443
EDMONDS
TAX CREDITS
- Establishes a refundable individual income tax credit for certain adoptions (EN -$1,300,000 GF RV See Note)
HB452
BOURRIAQUE
TAX CREDITS
- Establishes a tax credit for the development of certain affordable housing projects (EG1 -$1,700,000 GF RV See Note)
HB483
MAGEE
TAX CREDITS
- Provides relative to the rehabilitation of historic structures tax credit (EN -$32,500,000 GF RV See Note)
HB513
MAGEE
TAX CREDITS
- Establishes an insurance premium tax credit for retaliatory taxes paid by certain domestic insurers (EN -$9,000,000 GF RV See Note)
HB562
SCHEXNAYDER
TAX CREDITS
- Provides relative to the Motion Picture Production Tax Credit (EN DECREASE GF RV See Note)
OTHER BUSINESS
ANNOUNCEMENTS
Any person who does not feel comfortable giving testimony in person may submit a prepared statement in accordance with House Rule 14.33 in lieu of appearing before the committee:
A. Any interested person or any committee member may file with the committee a prepared statement concerning a specific instrument or matter under consideration by the committee or concerning any matter within the committee's scope of authority, and the committee records shall reflect receipt of such statement and the date and time thereof.
B. Any person who files a prepared statement which contains data or statistical information shall include in such prepared statement sufficient information to identify the source of the data or statistical information. For the purposes of this Paragraph, the term "source" shall mean a publication, website, person, or other source from which the data or statistical information contained in the prepared statement was obtained by the person or persons who prepared the statement.
NOTE: Statements emailed to hwmc@legis.la.gov and received prior to noon on Monday, April 17, will be distributed to the committee members prior to the meeting.