Senate Committee on Revenue and Fiscal Affairs
May 29, 2018
10:00 a.m.
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
SB2
CLAITOR
FUNDS/FUNDING
- Provides for the dedication of certain local avails of the automobile rental tax collected in East Baton Rouge Parish, the use of the monies in the Deepwater Horizon Economic Damages Collection Fund, and deposits into and uses of the Overcollections Fund. (Item #11)(7/1/18) (EN +$53,333,333 LF RV See Note)
SB6
LUNEAU
TAX/TAXATION
- Makes permanent reductions to credits and rebates under the Enterprise Zone, Quality Jobs, and Competitive Project Payroll Incentive programs. (Items #26 and 27) (gov sig) (EG +$23,290,000 GF RV See Note)
SB10
MORRELL
TAX/INCOME/PERSONAL
- Increases the earned income tax credit. (Item #21)(See Act) (RE -$21,000,000 GF RV See Note)
SB11
MORRELL
TAX/TAXATION
- Limits annual expenditures on certain tax credit and rebate programs and terminates the programs in 2025. (Item #21) (gov sig) (EG +$588,000 GF EX See Note)
SB12
PEACOCK
TAX/SALES
- Provides a state sales and use tax exemption for water for residential use that is not separately metered. (Item #23) (7/1/18) (OR DECREASE GF RV See Note)
SB14
MORRELL
BONDS
- Provides for the Omnibus Bond Act. (Item #9)(7/1/18)
SB16
MORRELL
TAX/AD VALOREM
- Terminates the credit for ad valorem tax on offshore vessels. (Item #21)(8/1/18) (EG +$6,100,000 GF RV See Note)
SB17
MORRELL
TAX/AD VALOREM
- Phases out the tax credit for ad valorem taxes paid on inventory. (Item #21) (8/1/18) (OR +$15,700,000 GF RV See Note)
SB18
MORRELL
TAX/TAXATION
- Creates a tax credit registry for tax credits with carryover provisions. (Item #21) (gov sig) (RE +$205,000 GF EX See Note)
SB19
TROY CARTER
FUNDS/FUNDING
- Repeals termination date of the New Orleans Ferry Fund. (Item #10 and 11) (gov sig) (RE SEE FISC NOTE SD RV See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT