Reduces the amount of the individual income tax deduction for excess federal itemized personal deductions for certain tax years (OR +$77,000,000 GF RV See Note)
Creates an exemption from sales and use tax for construction materials purchased by the Committee for Plaquemines Recovery (OR -$12,000 GF RV See Note)
Establishes the LA 1 Strategic Economic Zone and authorizes tax credits for certain land loss mitigation activities within the zone (OR DECREASE GF RV See Note)
Requires the Joint Legislative Committee on Capital Outlay to approve line of credit recommendations for state and nonstate entity projects (RE NO IMPACT GF EX See Note)
Changes the definition of "qualified community development business" for purposes of the insurance premium tax credit available through the La. New Markets Jobs Act (OR NO IMPACT GF RV See Note)