CALL TO ORDER |
ROLL CALL |
LEGISLATION TO BE CONSIDERED |
| | HB1120 | SCHRODER | TAX/TAXATION - Creates the Louisiana Tax Institute within the Dept. of Revenue as an advisory body on tax related matters (REF INCREASE GF EX See Note) |
| | HB1129 | STOKES | TAX/SALES & USE - Establishes a procedure for coordinated audits of certain dealers who collect state and local sales and use taxes in multiple parishes (RE SEE FISC NOTE GF RV See Note) |
DISCUSSION: |
| HB2 - Public Comment/Testimony |
DISCUSSION (EXPENDITURES): DEFERRED FROM MAY 24, 2016 |
| SALES TAX EXPENDITURES RELATED TO MANUFACTURING |
| - Purchases of certain machinery and equipment used to produce a news publication, R.S. 47:301(3)(i)(ii)(aa)(I)(eee) & 301 (3)(i)(ii)(bbn)(III) |
| - Purchases of Electric Power and Natural Gas by Paper or Wood Products Manufacturing Facilities, R.S. 47:301(3)(j) and 13(m), R.S. 47:302 (T), 321(J) and 331 (R) - repealed by Acts 2007, No. 471 |
| - Certain Transactions involving the Construction or Overhaul of U.S. Navy Vessels, R.S. 47:301(7)(c), R.S. 301(14)(h)
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| - Property used in the manufacture, production, or extraction of unblended diesel, R.S. 47:301 (7)(j), R.S. 47:301(10)(y), R.S. 47:301(18)(k)
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| - Leases or rentals of pallets used in packaging products produced by a manufacturer, R.S. 47:301 (7)(l) |
| - Natural gas used in the production of iron, R.S. 47:301(10)(c)(i)(bb)
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| - Electricity for chlor-alkali manufacturing process, R.S. 47:301 (10)(c)(ii)(aa)
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| - Pollution control devices and systems, R.S. 47:301(10)(l) |
| - Certain aircraft assembled in Louisiana, R.S.47:301(10)(m)
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| - Pelletized paper waste used in a permitted boiler, R.S. 47:301 (10)(n) |
| - Purchases by motor vehicle manufacturers, R.S. 47:301 (16)(m)
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| - Purchases by Glass Manufacturers, R.S. 47:301(16)(m)(i)
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| - Use tax on residue or byproducts consumed by the producer, R.S. 47:301(18)(d)(ii) |
| - Energy Sources Used as Boiler Fuel, Except Refinery Gas, R.S. 47:305(D)(1)(h)
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| OIL AND GAS RELATED EXPENDITURES: |
| - Installation of board roads to oil-field operators, R.S. 47:301 (3)(c) |
| - Sales of Anthropogenic Carbon Dioxide use in Qualified Tertiary Recovery Projects, R.S. 47:301(10)(gg), R.S. 47:301(18)(p)
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| - Repairs, renovations or conversions of drilling rigs, R.S. 47:301 (14)(g)(iii)
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| - Repairs and Materials Used on Drilling Rigs and Equipment, R.S. 47:305(I) |
| - Injection - Natural Gas, R.S. 47:633(9)(e)(i) |
| - Produced Outside the State of Louisiana, Natural Gas, R.S. 47:633(9)(e)(ii) |
| - Flared or Vented - Natural Gas, R.S. 47:633(9)(e)(iii), R.S. 47:633(9)(e)(vi) |
| - Consumed in Field Operations - Natural Gas, R.S. 47:633(9)(e)(iv) |
| - Consumed in the Production of Natural Resources in the State of Louisiana - Natural Gas, R.S. 47:633(9)(e)(v) |
| - Horizontal Wells, Natural Gas, R.S. 47:633(7)(c)(iii) |
| - Used in Manufacture of Carbon Black - Natural Gas, R.S. 47:633(9)(e)(vii) |
| - Inactive Wells - Natural Gas, R.S. 47:633(7)(c)(iv) |
| - Deep Wells - Natural Gas, R.S. 47:633(9)(d)(v) |
| - Incapable Oil-Well Gas - Natural Gas, R.S. 47:633(9)(b) |
| - Incapable gas - Well Gas - Natural Gas, R.S. 47:633(9)(c) |
| - Trucking, Barging, and Pipeline Fees - Oil, R.S. 47:633(7)(a) |
| - Horizontal Wells - Oil, R.S. 47:433(7)(c)(iii) |
| - Inactive Wells - Oil, R.S. 47:633(7)(c)(iv) |
| - Deep Wells - Oil, R.S. 47:633(9)(d)(v) |
| - Tertiary Recovery Incentive - Oil, R.S. 47:633.4 |
| - Incapable Oil, R.S. 47:633(7)(b) |
| - Stripper Oil, R.S. 47:633(7)(c)(i)(aa) |
| - Stripper Oil -Value Less than $20 per Barrel, R.S. 47:633(c)(i)(bb) |
| - Salvage Oil, R.S. 47:648.21 |
| - Horizontal Mining and Drilling Projects, R.S. 47:633(7)(c)(ii)(aa) and (cc) |
| - Produced Water Injection Incentive, R.S.47:633.5 (C) |
| - Owned and Severed by Political Subdivisions, R.S. 47:632(B)
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| - Louisiana Mega - Project Energy Assistance Rebate, R.S. 51:2367 |
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE |
ADJOURNMENT |