Dedicates to the Better Highways and Higher Education Fund state sales tax proceeds collected each fiscal year as a result of a federal law which will require vendors located out-of-state to collect sales tax on their Internet and mail order sales.
Provides relative to the issuance of bonds to finance capital improvements for the Louisiana Community and Technical Colleges System. (2/3-CA7s6(F)(1))(gov sig)
Removes the exclusion of the city of New Orleans and the parish of Orleans relative to the offset of individual income tax refunds (EN SEE FISC NOTE LF RV See Note)
Deletes the tax credit for wind energy systems and changes the credit for solar "energy" systems to a tax credit for both solar "electric" systems and solar "thermal" systems. (gov sig) (OR SEE FISC NOTE GF RV)
Changes the oil spill contingency fee both in amount and application and removes limitation on expenditures from the Oil Spill Contingency Fund (EN SEE FISC NOTE SD RV See Note)
To provide for the payment of a vendor's compensation for the state sales and use tax collection and to dedicate certain state sales tax revenues (EN +$4,300,000 GF RV See Note)
Establishes the office of debt recovery at the Dept. of Revenue for the collection of delinquent debts owed to certain governmental entities (EN SEE FISC NOTE GF RV See Note)
Authorize homeowners, aged 65 years or older with financial hardship, to postpone payment of ad valorem taxes on their homestead until death. (See Act) (OR SEE FISC NOTE LF RV)