Grants a state tax exemption for water, mineral water, carbonated water, and flavored water sold in bottles, jugs, or containers for home consumption. (10/1/11) (EN -$8,300,000 GF RV See Note)
Provides for credit from income tax for eligible costs and expenses incurred during the rehabilitation of certain residential structures in storm impacted or economically depressed areas. (8/15/11)
Provides for the definition of contractor for the purposes of the occupational license tax in certain parishes. (7/1/11) (EN SEE FISC NOTE LF RV See Note)
Authorizes DEQ to once again grant transferable credits for the investigation or remediation of hazardous waste "brownfields" sites on and after July 1, 2011 through December 31, 2013, clarifies that the credit may be granted to any public or private "entity" whether taxable or non-taxable, and specifically authorizes credits for the remediation of public parks, playgrounds and other recreational areas. (7/1/11) (EN DECREASE GF RV See Note)
Changes the research and development tax credit program to a "rebate"; decreases the program from December 31, 2013 to June 30, 2013; reduces the amount of the rebate by requiring all employees to be counted in the size of the business, rather than only resident employees; and changes it calculation. (gov sig) (EN INCREASE GF RV See Note)
Extends employer's non-refundable apprenticeship tax credit against income tax and corporation franchise tax to taxable periods ending prior to January 1, 2015. (gov sig) (EN -$500,000 GF RV See Note)
Provides for donations of tax refunds to the Dreams Come True, Inc., through a check-off box on state income tax returns. (gov sig) (EN NO IMPACT GF RV See Note)
Prohibits a police jury, municipality, or other local governing authority from charging any franchise fee or similar charge to an electric, gas, or water public utility which is in excess of 2% of annual gross receipts. (gov sig) (OR DECREASE LF RV See Note)
Authorizes the Louisiana Public Service Commission to require a public utility to include a separate line item for franchise fees collected from the utility's customers. (gov sig) (EN NO IMPACT LF EX See Note)
Creates the Acadiana Cultural and Entertainment Special District and authorizes certain parishes within the district to provide an exemption from their sales tax for purchases by a motion picture production company for a specific state-certified movie production by that company. (gov sig) (EN DECREASE LF RV See Note)