CALL TO ORDER |
ROLL CALL |
MINUTES TO BE APPROVED: |
| April 18, 2016 |
LEGISLATION TO BE CONSIDERED |
| | HB755 | ABRAMSON | SUNSET LAW - Re-creates the Department of Revenue (EN NO IMPACT GF EX See Note) |
| | HB783 | ABRAMSON | TAX/TAX REBATES - Relative to the Louisiana Quality Jobs Program (EN DECREASE GF RV See Note) |
| | HB794 | ABRAMSON | TAX/TAX REBATES - Provides relative to the Competitive Projects Payroll Incentive Program (EN DECREASE GF RV See Note) |
DISCUSSION: TAX EXPENDITURES |
| RELATED TO EMPLOYEMENT AND HIRING - OTHER THAN THOSE MANAGED BY LOUISIANA ECONOMIC DEVELOPMENT |
| - Deduction for Employment of Qualified Disabled Individuals, R.S. 47:297.13 |
| - Earned Income Tax Credit, R.S. 47:297.8 |
| - Employment-related Expenses for Maintaining Households for Certain Disabled Dependents, R.S. 47:297.2 |
| - Employment of Certain First- time Nonviolent Offenders, R.S. 47:297(0) and 287.752 |
| - Employment of Certain First Time Drug Offenders, R.S. 47:297(K) |
| - Employment of the previously unemployed, R.S. 47:6004 |
| - Louisiana Basic Skills Training, R.S. 47:6009 |
| - Apprenticeship Tax Credit, R.S. 47:6033 |
| - New Jobs, R.S. 47:34 and 287.749 |
| - Hiring Eligible Re-entrants, R.S. 47:287.748 |
| BUSINESS INCOME - EXEMPTIONS AND DEDUCTIONS (DEFERRED FROM APRIL 18, 2016) |
| - Interest on State and Local Obligations, R.S. 47:287.71(B)(4) and 47:293(9)(b) |
| - Louisiana Net Operating Loss, R.S. 47:287.86 |
| - Deduction for I.R.C. Section 280(C) Wage Expense, R.S. 47:287.73(C)(4) and 47:293(9)(a)(ix) |
| - Deduction for Interest Income and Dividend Income, R.S. 47:287.738 (F) |
| - S Bank Income Exclusion, R.S. 47:297.3, 47:300.6(B)(2)(d), and 47:300.7(C)(2)(c) |
| - Deduction for Net Capital Gains, R.S. 47:293(9)(a)(xvii) |
| RETIREMENT AND DISABILITY (DEFERRED FROM APRIL 11, 2016) |
| - $6,000 Annual Retirement Income, R.S. 47:44.1(A) |
| - Disability Income, R.S. 47:44.1(B) |
| - Federal Retirement Benefits, R.S. 47:44.2, Davis v. Michigan Dept. of Treasury, 489 US 803 (1989) |
| - Social Security Benefits, R.S. 47:44.2 |
| - Certain Disabilities, R.S. 47:297 (A) |
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE |
ADJOURNMENT |