Senate Committee on Revenue and Fiscal Affairs
May 1, 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:
April 24, 2023
LEGISLATION TO BE CONSIDERED
SB9
FOIL
TAX/FRANCHISE/CORPORATE
- Exempts certain real estate investment trusts from the corporate franchise tax. (gov sig) (EN DECREASE GF RV See Note)
SB97
GARY CARTER
TAX/AD VALOREM
- Provides relative to the ad valorem tax exemption in Louisiana for affordable housing. (2/3-CA13s1(A)) (EG DECREASE LF RV See Note)
SB105
JACKSON-ANDREWS
TAX/INCOME/PERSONAL
- Expands the income tax deduction for a dependent minor child to include an unborn child. (1/1/24) (OR -$2,300,000 GF RV See Note)
SB134
JACKSON-ANDREWS
TAX/TAXATION
- Authorizes a tax credit for donations to certain public schools. (1/1/24) (RE -$10,000,000 GF RV See Note)
SB170
GARY CARTER
TAX/TAXATION
- Establishes a tax credit pilot program for certain Louisiana-based manufacturing industries. (gov sig) (OR -$1,000,000 GF RV See Note)
SB220
FOIL
TAX/TAXATION
- Provides relative to the income tax credit for donations to school tuition organizations. (8/1/23) (OR DECREASE GF RV See Note)
SB221
TALBOT
TAX/TAXATION
- To provide an income tax credit for donations to support the development, construction, or rehabilitation of affordable housing. (OR -$10,000,000 GF RV See Note)
SB226
LUNEAU
TAX/INCOME/PERSONAL
- Provides relative to the earned income tax credit. (gov sig) (OR -$66,900,000 GF RV See Note)
SB230
BRET ALLAIN
TAX/INCOME/PERSONAL
- Modifies the federal income tax deduction for taxpayers impacted by Hurricane Ida. (gov sig) (EN DECREASE GF RV See Note)
CONSIDERATION OF ANY OTHER MATTERS THAT MAY COME BEFORE THE COMMITTEE
ADJOURNMENT
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.