Senate Committee on Revenue and Fiscal Affairs
May 29, 2023
1:00 P.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

MINUTES TO BE APPROVED:
 May 22, 2023

PUBLIC COMMENT
 HB 2

LEGISLATION TO BE CONSIDERED
 HB32SCHLEGELTAX/INCOME TAX - Increases the amount of the individual income tax deductions for elementary and secondary school tuition, educational expenses for home-schooled children, and educational expenses for a quality public education (EN -$2,200,000 GF RV See Note)
 HB247MANDIE LANDRYTAX/INCOME-INDIV/CREDIT - Establishes a tax credit for purchases of firearm safety devices (EN -$500,000 GF RV See Note)
 HB255MANDIE LANDRYTAX CREDITS - Establishes a tax credit for restaurants that recycle oyster shells (EN DECREASE GF RV See Note)
 HB330MIKE JOHNSONTAX/SALES-USE-EXEMPT - Creates a state and local sales tax exemption for purchases of agricultural fencing materials by commercial farmers (EN DECREASE GF RV See Note)
 HB369LAFLEURINSURANCE/AUTOMOBILE - Provides for a premium discount for certain military personnel (EN -$6,500,000 GF RV See Note)
 HB392FRIEMANCAPITAL OUTLAY - Provides relative to line of credit recommendations for certain capital outlay projects funded through the Capital Outlay Act (RE NO IMPACT See Note)
 HB411GLOVERTAX CREDITS - Expands the types of investments eligible for the insurance premium tax credit (EN DECREASE GF RV See Note)
 HB443EDMONDSTAX CREDITS - Establishes a refundable individual income tax credit for certain adoptions (EN -$1,300,000 GF RV See Note)
 HB452BOURRIAQUETAX CREDITS - Establishes a tax credit for the development of certain affordable housing projects (EG1 -$1,700,000 GF RV See Note)
 HB483MAGEETAX CREDITS - Provides relative to the rehabilitation of historic structures tax credit (EN -$32,500,000 GF RV See Note)
 HB619MANDIE LANDRYTAX/SALES & USE - Provides for applicability of sales tax to sales of admissions to certain museums (EN INCREASE GF RV See Note)
 HB635HOLLISREVENUE/TAXATION DEPT - Increases the rate of the excise tax on vapor products and electronic cigarettes and dedicates a portion of the avails of such increase to payment of salaries and related benefits for La. State Police (EN -$5,000,000 GF RV See Note)
 HB657BEAULLIEUTAX/INCOME TAX - Provides relative to tax benefits for adoption of children from foster care and donations to foster care charitable organizations (EG DECREASE GF RV See Note)

CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
 To review and approve the third party convenience fee schedule for certain online transactions pursuant to R.S. 49:316.1 for the Louisiana Department of Revenue.

Persons who do not feel comfortable giving testimony in person may submit a prepared statement in accordance with Senate Rule 13.79, in lieu of appearing before the committee. Statements may be emailed to simpsons@legis.la.gov and must be received by the committee secretary at least three hours prior to the meeting to be included in the record for this committee meeting. Audio/visual presentations, such as PowerPoint, must be received by the committee secretary at simpsons@legis.la.gov at least twenty-four hours PRIOR to the scheduled start of the committee meeting for review and prior approval. Thumb drives will NOT be accepted. Persons desiring to participate in the meeting should utilize appropriate protective health measures and observe the recommended and appropriate social distancing.