Agenda - Revenue and Fiscal Affairs

Senate Committee on Revenue and Fiscal Affairs
May 15, 2023 11:00 AM John J. Hainkel, Jr. Room
Adjourned
* Agenda Revised May 15, 2023, 10:51 am * Revision Notes: Added: SB 27

BLUE = already considered. RED = currently being considered. BLACK = not yet considered.
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CALL TO ORDER
ROLL CALL
MINUTES TO BE APPROVED:
	May 11, 2023
LEGISLATION TO BE CONSIDERED
		SB27	CATHEY	TAX EXEMPTIONS - Provides for the Brownfields Investor Tax Credit. (8/1/23) (OR DECREASE GF RV See Note)
		HB111	HUGHES	TAX/TOBACCO TAX - Extends the tax exemption period for cigars and pipe tobacco products sampled at the Premium Cigar Association convention (EN SEE FISC NOTE GF RV See Note)
		HB161	KERNER	TAX/SALES-USE, LOCAL-EXEM - Changes local sales and use tax exemptions for commercial fishermen and certain seafood processing facilities from optional to mandatory (EN DECREASE LF RV See Note)
		HB172	DEVILLIER	TAX/SEVERANCE TAX - Reduces the severance tax rate for oil over a certain period of time and fixes the severance tax rate for oil produced from certain wells at the current rate (EG DECREASE GF RV See Note)
		HB280	BAGLEY	TAX/SEVERANCE TAX - Requires parishes to use portions of severance tax revenues received from the state for economic development activities and infrastructure projects (EG SEE FISC NOTE GF RV See Note)
		HB285	TURNER	TAX INCREMENT FINANCING - Provides relative to the use of state sales tax increments in certain local tax increment financing initiatives (EN SEE FISC NOTE GF RV See Note)
		HB428	PRESSLY	TAX/INCOME TAX - Extends to estates, trusts, and partnerships the flow-through entity income exclusion allowed to individuals (EN DECREASE GF RV See Note)
		HB500	HILFERTY	TAX/AD VALOREM-EXEMPTION - Provides with respect to the applicability of the additional property tax exemptions for certain veterans with disabilities (EN SEE FISC NOTE LF RV See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT

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