House Committee on Ways and Means
June 9, 2020
9:00 a.m.
Room 4

Adjourned
 
* Agenda Revised June 8, 2020, 2:31 pm *
Revision Notes: REMOVED HB 45

 




  BLUE = already considered.   RED = currently being considered.   BLACK = not yet considered.
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CALL TO ORDER

ROLL CALL

DISCUSSION OF LEGISLATION
 HB11STEFANSKITAX/SALES & USE - Provides for the amount of compensation persons required to collect state sales and use tax may deduct for remitting taxes (Item #30) (EN -$2,100,000 GF RV See Note)
 HB13WRIGHTTAX CREDITS - Authorizes certain retail businesses to participate in the Enterprise Zone incentive (Item #18) (EN DECREASE GF RV See Note)
 HB14SCHEXNAYDERTAX/SALES & USE - (Constitutional Amendment) Authorizes the legislature to provide by law for the collection of sales and use taxes levied within the state (Item #27) (EG SEE FISC NOTE SG EX See Note)
 HB17BISHOPTAX/CORP FRANCHISE - Suspends the corporation franchise tax levied on certain taxable capital and suspends the initial corporation franchise tax levied on certain entities (Item #16) (EG -$10,200,000 GF RV See Note)
 HB18WRIGHTTAX/TAX REBATES - Provides relative to the Competitive Projects Payroll Incentive Program (Item #18) (OR DECREASE GF RV See Note)
 HB19PRESSLYTAX/TAX REBATES - Extends eligibility requirements for certain industries to participate in the Quality Jobs Program (Item #18) (EN DECREASE GF RV See Note)
 HB22DAVISTAX/SALES & USE - Provides for the rate and aggregate amount of compensation authorized for the collection and remittance of state sales and use taxes (Item #30) (OR -$14,000,000 GF RV See Note)
 HB23DWIGHTTAX/AD VALOREM TAX - (Constitutional Amendment) Authorizes certain agreements that provide for payments in lieu of ad valorem taxes (Item #28) (EG SEE FISC NOTE LF RV See Note)
 HB25WRIGHTTAX/CORP INCOME - Authorizes carry-back provisions for the net operating loss deduction for purposes of calculating corporate income tax (Item #20) (EG DECREASE GF RV See Note)
 HB28DWIGHTTAX/AD VALOREM TAX - Authorizes agreements between political subdivisions and taxpayers that may provide for certain payments in lieu of ad valorem taxes (Item #28) (RE SEE FISC NOTE LF RV See Note)
 HB33IVEYTAX/AD VALOREM-EXEMPTION - (Constitutional Amendment) Establishes an ad valorem tax exemption for certain property subject to a cooperative endeavor agreement requiring the property owner to make payments in lieu of taxes (Item #28) (OR SEE FISC NOTE LF RV See Note)
 HB35BISHOPFUNDS/FUNDING - Creates the Capital Outlay Savings Fund (Items #10 and #11) (EN NO IMPACT GF RV See Note)
 HB36IVEYTAX/AD VALOREM-EXEMPTION - (Constitutional Amendment) Establishes certain property tax exemptions for capital investment projects (Item #28) (EG SEE FISC NOTE LF RV See Note)
 HB37LANCE HARRISREVENUE DEPARTMENT - Requires the Department of Revenue to waive penalties and interest for certain taxpayers for tax years 2019 and 2020 (Item #29) (RE1 DECREASE SG RV See Note)
 HB38IVEYTAX/AD VALOREM TAX - (Constitutional Amendment) To authorize local taxing authorities to enter into cooperative endeavor agreements for the purpose of payments in lieu of taxes (Item #28) (OR SEE FISC NOTE LF RV See Note)
 HB41IVEYTAX/AD VALOREM TAX - (Constitutional Amendment) Establishes an ad valorem tax exemption for capital investment projects and for certain property subject to a cooperative endeavor agreement requiring the property owner to make payments in lieu of taxes (Item #28) (EG SEE FISC NOTE LF RV See Note)

OTHER BUSINESS
 To review and approve the third party convenience fee schedules for certain online service transactions pursuant to R.S. 49:316.1 for the Louisiana Office of Motor Vehicles (OMV).
 COMMITTEE ROOM 3 TO BE USED FOR OVERFLOW

ANNOUNCEMENTS
 Persons who do not feel comfortable giving testimony in person at this time may submit a prepared statement in accordance with House Rule 14.33 in lieu of appearing before the committee:
 A. Any interested person or any committee member may file with the committee a prepared statement concerning a specific instrument or matter under consideration by the committee or concerning any matter within the committee's scope of authority, and the committee records shall reflect receipt of such statement and the date and time thereof.
 B. Any person who files a prepared statement which contains data or statistical information shall include in such prepared statement sufficient information to identify the source of the data or statistical information. For the purposes of this Paragraph, the term "source" shall mean a publication, website, person, or other source from which the data or statistical information contained in the prepared statement was obtained by the person or persons who prepared the statement.
 NOTE: Only statements mailed to leab@legis.la.gov and received prior to 12:00 p.m., Monday, June 8, will be included in the record for this committee meeting. All persons desiring to participate in the meeting shall utilize appropriate protective health measures and observe the recommended and appropriate social distancing.