Senate Committee on Revenue and Fiscal Affairs
May 4, 2009
2:00 pm
John J. Hainkel, Jr. Room

Adjourned
 
* Agenda Revised May 1, 2009, 8:22 am *
Revision Notes: REMOVED SB 227 & SB 207 ADDED: APPROVAL OF MINUTES 4/28/09

 



  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

LEGISLATION TO BE CONSIDERED:
 SB21MARIONNEAUXFUNDS/FUNDING - Constitutional amendment to increase the maximum severance tax which is allocated to parishes from $850,000 to $2,850,000 in any fiscal year in which the Rev. Est. Conf. recognizes an increase in such taxes from the amount in FY 08-09 and require up to $10 million of such severance taxes on state lands in the Atchafalaya Basin to be deposited into the Atchafalaya Basin Conservation Fund each fiscal year starting in FY 10-11. (2/3 - CA13s1(A)) (RE1 SEE FISC NOTE GF RV See Note)
 SB210WALSWORTHFUNDS/FUNDING - Constitutional amendment to decrease the general severance tax allocation to the state. (2/3 - CA13s1(A)) (OR -$50,000,000 GF RV See Note)
 SB237MORRISHTAX/ENERGY - Provides a severance tax reduction beyond payout for qualified tertiary recovery projects. (7/1/09) (OR DECREASE GF RV See Note)
 SB30ADLEYTAX/INCOME/PERSONAL - Grants a non-refundable credit against state individual income tax (in lieu of a deduction) for gifts to charity claimed as federal itemized deductions. (gov sig) (OR -$969,000,000 GF RV See Note)
 SB53MARIONNEAUXTAX/SALES - Ends the "suspension" and makes effective the sales tax exemption granted for on-premises, non-public sales of meals furnished to the staff and students of educational institutions; the staff and patients of hospitals and mental institutions; boarders of rooming houses; and occasional meals furnished in connection with or by educational, religious, or medical organizations. (7/1/09) (OR -$750,000 GF RV See Note)
 SB77MICHOTTAX/SALES - Ends the "suspension" and makes retroactive from January 1, 1998, the sales tax exemption granted for on-premises, non-public sales of meals furnished to the staff and students of educational institutions; the staff and patients of hospitals and mental institutions; boarders of rooming houses; and occasional meals furnished in connection with or by educational, religious, or medical organizations. (gov sig) (OR -$750,000 GF RV See Note)
 SB139RISERTAX/SALES - Ends the "suspension" of the sales tax exemption granted for meals furnished to the staff, faculty, and students of educational institutions, makes it retroactive to January 1, 1998, and specifically includes meals paid for in advance pursuant to certain meal plans at such institutions. (gov sig) (RE1 -$400,000 GF RV See Note)
 SB173RISERTAX EXEMPTIONS - Specifies that eligible investments for the Technology Commercialization Credit and Jobs Program must be a "per year" investment. (gov sig) (OR DECREASE GF RV See Note)
 SB201RISERTAX/TAXATION - Grants refundable retention and modernization credits to certain employers. (8/15/09) (OR -$10,000,000 GF RV See Note)
 SB206ADLEYTAX EXEMPTIONS - Exempts from state and local sales tax the sale of construction materials to Fuller Center for Housing covenant partners intended for use in constructing new residential dwellings in this state. (7/1/09) (EG -$40,000 GF RV See Note)

CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE

ADJOURNMENT