Senate Committee on Revenue and Fiscal Affairs
June 1, 2015
10:00 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
DISCUSSION:
Review for approval the late submissions for capital outlay projects received by the Joint Legislative NGO Database after the November 1, 2014 deadline, as required by Act 842 of the 2008 Regular Legislative Session.
LEGISLATION TO BE CONSIDERED
HB2
ROBIDEAUX
CAPITAL OUTLAY
- Provides for the comprehensive Capital Outlay budget
HB3
ROBIDEAUX
CAPITAL OUTLAY
- Provides for the Omnibus Bond Act
SB94
MORRELL
TAX/TAXATION
- Provides relative to the LA New Markets Jobs Act. (gov sig) (OR -$45,000,000 GF RV See Note)
SB247
J.SMITH
VETERANS
- Provides for in-state tuition and fee rates for veterans and qualified dependents enrolling in public postsecondary educational institutions. (1/1/16) (RE DECREASE SG RV See Note)
HB249
LEGER
TAX/TOBACCO TAX
- Extends the excise tax exemption for cigars or pipe tobacco products sampled during the Convention of the International Premium Cigar and Pipe Retailers Association (EN SEE FISC NOTE GF RV See Note)
SB281
CORTEZ
TAX/TAXATION
- Provides for tax credits to landowners that require lessees of Louisiana property to use 100% biomass crop recovery for the term of the lease. (8/1/15) (OR DECREASE GF RV See Note)
HB84
GREGORY MILLER
TAX/SALES & USE
- Provides relative to the definition of "sales of services" for purposes of sales and use tax (EN SEE FISC NOTE LF RV See Note)
HB91
SEABAUGH
TAX/INCOME TAX
- Creates an individual income tax checkoff for The American Rose Society (EN NO IMPACT GF RV See Note)
HB159
HOFFMANN
PHARMACISTS
- Adds a fee at license renewal for pharmacists and pharmacies and dedicates proceeds to certain pharmacy education programs (EN INCREASE SG RV See Note)
HB234
FOIL
TAX/INCOME TAX
- Excludes qualified deposits in ABLE Accounts from "tax table income" for purposes of calculating individual income tax (EG SEE FISC NOTE GF RV See Note)
HB244
FOIL
TAX CREDITS
- Extends the sunset of the Angel Investor Tax Credit Program (EN -$10,000,000 GF RV See Note)
HB274
FOIL
TAX/INCOME TAX
- Creates an individual income tax checkoff for the U.S.S. KIDD (EN NO IMPACT GF RV See Note)
HB336
CONNICK
TAX/SALES & USE
- Provides for the collection of sales and use tax imposed on the purchase of motor vehicles by certain foreign business entities (EN INCREASE GF RV See Note)
HB354
PONTI
FINANCIAL INSTITUTIONS
- Provides relative to licensing fees for mortgage lenders, mortgage brokers, mortgage servicers, and mortgage originators (EN +$635,000 SG RV See Note)
HB380
HOLLIS
SALES/TOBACCO DEALERS
- Provides relative to requirements for stamping cigarettes (REF INCREASE GF RV See Note)
HB391
LEOPOLD
AGRICULTURE/FOREST COMR
- Provides relative to the forestry commission's authority to determine the market value of certain items (EN NO IMPACT See Note)
HB449
ROBIDEAUX
TAX/TAXATION
- Provides relative to calculation of the Louisiana apportionment percent and taxable capital for manufacturers of certain aircraft (EN SEE FISC NOTE GF RV See Note)
HB501
ROBIDEAUX
TAX/TAXATION
- Provides for a state and local sales and use tax exemption for certain aircraft manufactured in Louisiana (EN SEE FISC NOTE GF RV See Note)
HB466
BARRAS
TAX CREDITS
- Provides for the eligibility of businesses to participate in the Enterprise Zone Program (EN +$7,200,000 GF RV See Note)
HB499
HILL
TRANSPORTATION
- Provides relative to state identification for certain offenders upon release from a correctional facility (EN INCREASE SG RV See Note)
HB670
BILLIOT
TAX/INCOME TAX
- Creates an individual income tax checkoff for The Extra Mile, Southeast La. and other regional The Extra Mile organizations (EN NO IMPACT GF RV See Note)
HB681
KLECKLEY
BONDS
- Changes the description of a capital improvement project for the SOWELA Technical Community College to be financed through the sale of bonds (EG1 NO IMPACT See Note)
HB833
HENRY
MOTOR VEHICLES
- Provides with respect to the distribution and sale of vehicles (EN NO IMPACT See Note)
HCR15
MONTOUCET
TAX/SALES & USE
- Suspends annual state sales tax holidays until 60 days after adjournment of the 2016 Regular Session of the Legislature (EG1 +$3,300,000 GF RV See Note)
HCR19
STOKES
TAX RETURN
- Urges and requests the secretary of the Department of Revenue to accept an individual taxpayer's federal income tax return extension as a taxpayer's extension of time to file his state income tax return
HCR167
GAROFALO
CONGRESS
- Memorializes the U.S. Congress and the Louisiana Congressional delegation to work towards equitable revenue sharing for Louisiana mineral and gas production
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT