Provides relative to premium tax credits under the Louisiana Entrepreneurial Assistance and Development (LEAD) program. (8/15/11) (EN -$37,500,000 GF RV See Note)
Establishes the Fly Louisiana Incentive Program for granting rebates to air carriers for adding a certain amount of arriving and departing international passengers at a Louisiana airport and adding a scheduled international direct flight from the airport at least twice per week for at least 12 months. (7/1/14)
Requests the joint committee to study the issues related to authorizing homeowners, aged sixty-five years or older with financial hardship, to postpone payment of ad valorem taxes on their homestead until death.
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)
Provides for a state sales and use tax exemption for certain transactions related to certain inhibitors and certain complex biologics. (7/1/11) (OR -$4,800,000 LF RV See Note)
Extends termination of the state sales and use tax exclusion for certain alternative substances used as fuel by manufacturers. (gov sig) (OR NO IMPACT GF RV See Note)
Authorizes the issuance of $30 million more New Market Tax Credits, provides for when the credits may be issued and taken on a return, and extends the period tax credits are allowed from ending on December 31, 2013, to an indefinite period if the qualified equity investment is issued prior to December 31, 2014. (gov sig) (EN -$30,000,000 GF RV See Note)