Senate Committee on Revenue and Fiscal Affairs
June 15, 2016
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
LEGISLATION TO BE CONSIDERED
SB6
MORRELL
TAX/AD VALOREM
- Provides for the carry forward rather than the refund of a certain portion of the tax credit for ad valorem taxes paid on inventory. (gov sig) (Item #47) (EN +$17,300,000 GF RV See Note)
SB10
WARD
TAX/AD VALOREM
- Provides for the confidentiality of tax records, the definition of manufacturer for purposes of the tax credits for ad valorem taxes paid to local governments, and certain limitations. (gov sig) (Item #47) (EN +$57,000,000 GF RV See Note)
SB11
BARROW
TAX EXEMPTIONS
- Legislates with regard to sales tax exemptions for certain educational institutions. (Item Nos. 7, 13, 14, and 32) (7/1/16) (OR DECREASE GF RV See Note)
SB12
MORRELL
TAX/TAXATION
- Provides for the modification of the sales and use tax exemption for domed stadium facilities, baseball facilities, and other publicly owned facilities. (Item #35)(gov sig) (REF SEE FISC NOTE GF RV)
SB13
MORRELL
TAX/TAXATION
- Legislates with regard to the net capital gains deduction. (gov sig) (Item No. 41) (EG INCREASE GF RV See Note)
SB14
MORRELL
CAPITAL OUTLAY
- Provides for the Omnibus Bond Act (gov sig) (Item #4)
HB2
ABRAMSON
CAPITAL OUTLAY
- Provides for the comprehensive Capital Outlay budget (Item #3)
HB20
REYNOLDS
TAX/CORP INCOME
- Provides relative to the apportionment ratio for purposes of computing corporate income tax and provides for the sourcing of sales (Item #44) (EN INCREASE GF RV See Note)
HB24
ANDERS
TAX/INSURANCE PREMIUM
- Provides relative to the insurance premium tax credit (Item #6) (EN -$1,300,000 GF RV See Note)
HB25
LYONS
TAX/INCOME-CREDIT
- Reduces the amount of the income tax credit for the Louisiana Citizens Property Insurance Corporation Assessment and makes the reduction permanent (Item #46) (EN +$17,000,000 GF RV See Note)
HB29
PRICE
REVENUE DEPARTMENT
- Provides relative to the calculation of interest on certain overpayments (Item #45) (EN +$16,300,000 GF RV See Note)
HB35
ANDERS
TAX/INSURANCE PREMIUM
- Establishes the annual tax on health maintenance organizations (Item #5) (EN +$168,300,000 SD RV See Note)
HB47
BROADWATER
TAX/CORP INCOME
- Provides with respect to the net operating loss deduction for corporate income tax (Item #37) (EN NO IMPACT GF RV See Note)
HB50
MONTOUCET
TAX/INCOME TAX
- Reduces the individual income tax deduction for net capital gains (Item #41) (EN INCREASE GF RV See Note)
HB51
JIM MORRIS
TAX/SALES-USE, STATE
- Provides with respect to the effectiveness of certain exclusions and exemptions from state sales and use taxes (Items #7-34) (EN DECREASE GF RV See Note)
HB52
ABRAMSON
CAPITAL OUTLAY
- Provides with respect to the execution and administration of capital outlay appropriations for Fiscal Year 2016-2017 (Item #3)
HB53
ABRAMSON
TAX
- Provides with respect to sales of certain services and tangible personal property at certain publicly owned facilities (Item #35) (EN SEE FISC NOTE GF RV)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT