Agenda - Revenue and Fiscal Affairs

Senate Committee on Revenue and Fiscal Affairs
May 11, 2015 1:00 pm John J. Hainkel, Jr. Room
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
MINUTES TO BE APPROVED:
	Mary 4, 2015
ROLL CALL
LEGISLATION TO BE CONSIDERED
		SB75	FRED MILLS	TAX/TAXATION - Constitutional amendment to establish the Exemption Review Conference and provide for the review of and recommendation concerning tax exemption, exclusion, deduction and credit instruments filed for certain regular sessions and to establish procedures for such instruments. (2/3-CA13s1(A)) (See Act) (EG INCREASE GF EX See Note)
		SB78	FRED MILLS	TAX/TAXATION - Provides the information to be submitted to the legislative fiscal information for the review of instruments relative to tax exemptions, exclusions, deductions, and credits. (RE SEE FISC NOTE GF EX)
		SB257	THOMPSON	SPECIAL DISTRICTS - Authorizes certain additional tax increment finance authority for certain Tax Increment Development Corporations. (gov sig) (EN INCREASE LF See Note)
		SB269	ADLEY	TAX/TAXATION - Requires corporations subject to Louisiana income or franchise tax which have either corporate gross revenues everywhere of $8 billion or $8 million of assets everywhere to file combined returns and limits their NOL deduction to 50% of tax liability. (gov sig) (EG INCREASE GF RV See Note)
		SB270	ADLEY	TAX/TAXATION - Authorizes the secretary of the Department of Revenue's authority to add back certain deductible expenses of corporations subject to Louisiana income or franchise tax which have either corporate gross revenues everywhere of $8 billion or $8 million of assets everywhere in order to calculate the corporation's income. (gov sig) (OR INCREASE GF RV See Note)
		SB272	ERDEY	TAX/SALES - Exempts from local sales tax prosthetic devices prescribed by physicians for personal consumption or use, when the patient is covered by Medicaid or a Medicaid program administered by a third party on behalf of the state. (7/1/15) (EN DECREASE LF RV See Note)
		HB338	DANAHAY	TAX APPEALS/BOARD - Provides with respect to the enforcement and adjudication of state and local taxes and the Board of Tax Appeals (EN +$60,000 SG EX See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT