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)
Requests the study of the feasibility of establishing a tax credit program as a funding mechanism for public-private partnership investment in Louisiana infrastructure projects.
(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)
Authorizes local taxing authorities to enter into cooperative endeavor agreements that provide for payments in lieu of taxes (Item #28) (RE SEE FISC NOTE LF RV See Note)
Reduces corporate income tax rates and brackets and repeals the income tax deduction for federal income taxes paid for purposes of calculating corporate income tax (EN +$29,200,000 GF RV See Note)
Establishes reporting requirements to the Department of Revenue for businesses and governmental entities using service providers. (7/1/21) (EN NO IMPACT GF EX See Note)
Requests the Department of Revenue and the state Department of Education to jointly report on the implementation of tax credits for donations to school tuition organizations. (EN NO IMPACT See Note)