Authorizes the secretary of the Department of Revenue to waive certain penalties associated with the payment of taxes on certain alcoholic beverages (EN SEE FISC NOTE SG RV See Note)
Exempts from local sales tax prosthetic devices prescribed by physicians for personal consumption or use, when the patient is covered by Medicaid or a Medicaid program administered by a third party on behalf of the state. (7/1/15) (EN DECREASE LF RV See Note)
Limits claims for credit against individual income tax, corporate income tax, or corporate franchise tax on tax returns filed for a calendar year to 15% of the general fund revenues for the fiscal year. (7/1/15)
Phases out state sales tax over a six-year period on transactions related to certain tangible personal property used or consumed by a communications service provider in providing communications services or which is integral or necessary for the installation, operation, or maintenance of such property. (7/1/15)
Provides for tax credits to landowners that require lessees of Louisiana property to use 100% biomass crop recovery for the term of the lease. (8/1/15) (OR DECREASE GF RV See Note)
Establish the fee to be charged by the Department of Revenue for the collection and enforcement of collection of sales and use taxes of other taxing authorities (EG INCREASE SG RV See Note)
Requires a minimum turnout of 20% of voters to approve a political subdivision proposition to incur or assume debt, issue bonds, or levy a tax. (See Act) (OR SEE FISC NOTE LF RV)