House Committee on Ways and Means
May 19, 2025
9:30 a.m.
Room 6

Adjourned
 




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

ROLL CALL

INSTRUMENTS TO BE HEARD
 HB184CHARLES OWENTAX/INCOME-INDIV/EXEMPT - Authorizes an individual income tax deduction for certain amounts a taxpayer receives through hardship distributions from retirement accounts (EG DECREASE GF RV See Note)
 HB186DEWITTTAX CREDITS - Authorizes a tax credit for certain employers of La. National Guard members and military reservists (EG -$5,000,000 GF RV See Note)
 HB187FONTENOTTAX/EXCISE - Increases the rate of excise tax on consumable hemp products (OR +$3,600,000 SD RV See Note)
 HB235ECHOLSTAX/EXCISE - Increases the excise tax levied on consumable hemp products and dedicates revenues collected from the tax (OR +$5,100,000 SD RV See Note)
 HB552SCHAMERHORNTAX/EXCISE - Levies a tax on the operation of carbon capture and storage pipelines (OR SEE FISC NOTE SG EX)
 HB672JORDANBONDS - Authorizes the issuance of catastrophe bonds for the Catastrophe Reinsurance Program (OR SEE FISC NOTE SG EX)
 SB52MCMATHTAX EXEMPTIONS - Provide an individual income tax exemption for grants from the Louisiana Fortify Homes Program. (gov sig) (EG -$828,000 GF RV See Note)
 SB65FOILTAX/TAXATION - Provides for the treatment of certain pass through entities under the inventory tax credit. (gov sig) (RE INCREASE SD RV See Note)
 SB72REESEBONDS - Provides relative to the issuance of bonds for financing certain capital improvement projects within the Louisiana Community and Technical College System. (2/3-CA7s6(A))(7/1/25) (RE SEE FISC NOTE SD EX See Note)
 SB82REESETAX/AD VALOREM - Provides with respect to ad valorem taxes on shares of bank stock. (1/1/26) (EG DECREASE LF RV See Note)
 SB118FOILTAX/INCOME/PERSONAL - Excludes certain amounts deposited into ABLE accounts for qualified expenses of persons with disabilities from state income tax. (8/1/25) (EG DECREASE GF RV See Note)
 SB232BASSTAX/TAXATION - Provides relative to the motion picture production tax credit. (7/1/25) (RE SEE FISC NOTE GF RV See Note)
 SB233EDMONDSTAX/TAXATION - Provides for changes to the School Readiness Tax Credit. (1/1/26) (EG DECREASE GF RV See Note)

OTHER BUSINESS

ANNOUNCEMENTS

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.

NOTE: Statements may be filed with the House Committee on Ways and Means via e-mail at hwmc@legis.la.gov. Statements submitted, and the information contained therein, are public records and subject to disclosure pursuant to public records laws.

Audio/visual presentations, such as PowerPoint, shall be filed with the Ways and Means Committee via email at hwmc@legis.la.gov at least seventy-two hours prior to the scheduled start of the committee meeting. No flash or thumb drives will be accepted.