Changes the Louisiana Chapter of the National Multiple Sclerosis Society to the National Multiple Sclerosis Society as an entity to which donations may be made on individual tax returns. (8/1/14) (EN NO IMPACT GF RV See Note)
Authorizes certifications of motion picture investor tax credits for Indigenous Louisiana Productions which agree 75% of its expenditures for ATL services will be expended on Louisiana residents and that 75% of its jobs will employ Louisiana residents and provides special tax credit provisions for them. (gov sig)
Removes the 50% cap on the deduction from taxable income of tuition and fees paid by a taxpayer for a dependent child to a nonpublic elementary or secondary school or to a public elementary or secondary lab school which is operated by a public college or university, making the deduction equal to the full amount paid up to $5,000 per child. (gov sig) (EN -$5,300,000 GF RV See Note)
(Constitutional Amendment) Establishes a total ad valorem property tax exemption for the surviving spouse of a member of the armed forces of the Unites States, the La. National Guard, the La. State Police, or a law enforcement or fire protection officer killed in the line of duty (EN SEE FISC NOTE LF RV See Note)
Provides relative to the determination of where sales and use taxes are due on purchases of certain raw materials converted into asphaltic concrete (EN SEE FISC NOTE LF RV See Note)
Provides relative to certain public notice requirements with respect to the levy of additional or increased millage rates without voter approval. (8/1/12) (EN NO IMPACT LF EX See Note)
Establishes a baseline limit on all claims against income and franchise tax for Angel Investor Tax Credit Program filed during a fiscal year on a first-come, first-served basis and gives claims above the amount priority in the next fiscal year. (gov sig)