Suspends certain provisions of law relative to the application of certain wages and benefits for the next calendar year. (Items #8 and #30) (EN SEE FISC NOTE SD See Note)
Provides for an individual income tax credit for improvements made to the residences of individuals with certain disabilities (EN DECREASE GF RV See Note)
Creates the Tax Structure and Governmental Program Review Commission to study the tax structure, including tax laws and related exemptions, exclusion, and credits, and governmental programs and operations in Louisiana.
Provides for the carry forward rather than the refund of a certain portion of the tax credit for ad valorem taxes paid on inventory. (gov sig) (Item #47) (EN +$17,300,000 GF RV See Note)
Authorizes agreements between political subdivisions and taxpayers that may provide for certain payments in lieu of ad valorem taxes (Item #65) (RE SEE FISC NOTE LF RV See Note)
Phases in by 2015 an exemption from income tax for dividend and interest income of those 65 years of age or older. (gov sig) (EG -$4,100,000 GF RV See Note)