Senate Committee on Revenue and Fiscal Affairs
June 13, 2011
11:00 am
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
PRESENTATION:
Presentation by the Division of Administration regarding 2011 Capital Outlay.
LEGISLATION TO BE CONSIDERED
HCR80
R.JONES
TAX/SALES & USE
- Urges and requests the La. Association of Tax Administrators to conduct a survey of local governmental taxing authorities regarding sales and use tax collections from sales made over the Internet
HB2
GREENE
CAPITAL OUTLAY
- Provides for the comprehensive Capital Outlay budget
HB123
RICHARD
TAX/INHERITANCE TAX
- Provides for estate tax apportionment (EN NO IMPACT GF RV See Note)
HB207
ROBERT JOHNSON
TAX/HOTEL OCCUPANCY
- Authorizes certain municipalities, subject to voter approval, to levy and collect a hotel occupancy tax (EN -$26,000 LF RV See Note)
HB209
ROBIDEAUX
REVENUE DEPARTMENT
- Provides with respect to the use of managed and sampling audits of tax returns (EN SEE FISC NOTE GF RV See Note)
HB247
HENRY
TAX/SALES & USE
- Excludes from state and local sales and use tax the sales of tangible personal property and services sold by the sponsor at events sponsored by certain nonprofit organizations (EN -$1,000,000 GF RV See Note)
HB319
SIMON
TAX CREDITS
- Authorizes a credit against individual income tax for the owner of a newly constructed one- or two-family dwelling which includes certain accessible and barrier-free design elements (EN DECREASE GF RV See Note)
HB348
LEGER
TAX CREDITS
- Increases the amount of the tax credit for the rehabilitation of certain residential structures and extends the taxable periods in which the tax credit applies (EN DECREASE GF RV See Note)
HB349
LEGER
TAX CREDITS
- Extends applicability of the tax credit for the rehabilitation of certain historic structures (EG1 DECREASE GF RV See Note)
HB491
M.JACKSON
TAX/TAXATION
- Requires review of the tax exemption budget by legislative committees every odd-numbered year (EN NO IMPACT GF RV See Note)
HB508
N.LANDRY
TAX/SALES-USE, STATE
- Authorizes a state sales and use tax exemption for the purchase and installation of certain adaptive devices for persons with orthopedic disabilities (EN DECREASE GF RV See Note)
HB550
ROBERT JOHNSON
TAX RETURN
- The Louisiana Make-A-Wish Act to provide an individual income tax return checkoff for donations to the Make-A-Wish Foundation (EN NO IMPACT GF RV See Note)
HB595
LABRUZZO
TAX CREDITS
- Authorizes the wind or solar energy systems tax credit in addition to any federal grant for the same system (EG1 +$1,500,000 GF RV See Note)
HB597
M.JACKSON
TAX CREDITS
- Converts the Angel Investor Tax Credit Program to the Angel Investor Rebate Program and provides for the rebate program (EN -$20,000,000 GF RV See Note)
HB619
LEGER
DISTRICTS/SPECIAL
- Creates the La. Sports and Entertainment District in New Orleans (EN SEE FISC NOTE LF RV See Note)
HB632
HENRY
TAX/TAXATION
- Provides the method of calculating taxable income derived from broadcasting film and radio programming which is attributable to activity in La. (EN SEE FISC NOTE GF RV See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT