Temporarily exempts from tobacco tax cigars and smoking tobacco sampled during the Convention of the International Premium Cigar and Pipe Retailers. (8/15/11) (EN -$50,000 GF RV See Note)
Provides for donations of tax refunds to the Louisiana Bicentennial Commission through a check-off box on state income tax returns. (gov sig) (EN NO IMPACT GF RV See Note)
Requires certain public notice and hearings before agreements are entered into which have the effect of making property exempt from ad valorem taxes in certain parishes. (7/1/11) (RE SEE FISC NOTE LF RV See Note)
Requires reporting of tax dollars not collected each fiscal year due to tax credits and exemptions as a line item in the annual General Appropriations Bill. (8/15/11) (OR NO IMPACT GF EX See Note)
Creates the Louisiana Entrepreneurial Assistance and Development (LEAD) Program which grants a tax reduction to insurance companies who invest in the fund. (8/15/11)
Provides a tax credit against individual state income tax for the amount of sales tax paid by homeowners when purchasing green materials for residential home building or remodeling. (8/15/11) (OR DECREASE GF RV See Note)
Extends termination of the state sales and use tax exclusion for certain alternative substances used as fuel by manufacturers. (OR NO IMPACT GF RV See Note)
Authorizes assessors to allow claims and notifications concerning the homestead exemption to be made through regular mail or by electronic transmission through the Internet. (gov sig) (OR INCREASE LF EX See Note)
Extends the Technology Commercialization Credit and Jobs Program from December 31, 2011 to December 31, 2017 and changes it from a refundable tax credit program to a "rebate" program. (7/1/11) (EN DECREASE GF RV See Note)
Phases in by 2015 an exemption from income tax for dividend and interest income of those 65 years of age or older. (gov sig) (EG -$4,100,000 GF RV See Note)