Establishes a sales tax holiday to provide relief for recovery as a result of Hurricane Laura and the COVID-19 pandemic (Item #26) (EN -$4,500,000 GF RV See Note)
Authorizes an income tax credit for certain businesses whose operations were interrupted as a result of the COVID-19 pandemic (Items #26 and 65) (EN DECREASE GF RV See Note)
Suspends the authority of the secretary of the Department of Revenue to enter into new contracts or renewals of existing contracts pursuant to the Procurement Processing Company Rebate Program (Item #65)
Provides relative to the use of tax increment financing by the Downtown Economic Development District for the City of Monroe (Item #66) (EG SEE FISC NOTE LF EX 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)
Establishes reporting requirements for businesses and governmental entities using service providers. (2/3 - CA7s2.1(A)) (1/1/21) (Item #23) (EG SEE FISC NOTE GF RV See Note)
Provides for the refundable portion of the inventory tax credit for certain manufacturers impacted by the 2020 emergencies and disasters. (gov sig) (Item #26) (EN DECREASE GF RV See Note)