Removes the June 30, 2018, sunset provision and makes permanent reductions to certain income and corporation franchise tax credits. (gov sig) (EN +$12,500,000 GF RV See Note)
Authorizes eligibility for the inventory tax credit for certain property held by persons engaged in the short term rental of such items (EN DECREASE GF RV See Note)
Specifies the types of construction contracts eligible for exclusion from the levy of a new state or local sales and use tax (EN DECREASE GF RV See Note)
Provides relative to the amount of the research and development tax credit and authorizes transferability of the credit under certain circumstances (EN +$300,000 GF RV See Note)
Authorizes a state tax credit for premiums paid for flood insurance through the National Flood Insurance Program. (1/1/18) (OR -$354,800,000 GF RV See Note)
Requires a tax clearance from the Dept. of Revenue for certain licenses, permits, tax resale certificates, and state contracts (EN SEE FISC NOTE GF RV See Note)
Provides for the creation of special service districts by parishes and municipalities, and for the raising of revenues by such special service districts. (gov sig) (REF NO IMPACT LF See Note)
Provides for the administration, disposition, enforcement, and adjudication of state and local taxes, fees, and receipts and for the Board of Tax Appeals. (gov sig) (EN NO IMPACT GF EX See Note)