SLS 12RS-748 ORIGINAL
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2012
SENATE BILL NO. 350
BY SENATOR MURRAY
TAX/LOCAL. Continues indefinitely the levy of a local tax of 1.5% of the gross proceeds
derived from the lease or rental of an automobile pursuant to an automobile rental contract.
(7/1/12)
AN ACT1
To amend and reenact R.S. 47:551(A), relative to local taxes; to continue the levy of a local2
tax on the gross proceeds derived from the lease or rental of an automobile pursuant3
to an automobile rental contract; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 47:551(A) is hereby amended and reenacted to read as follows: 6
ยง551. Imposition of tax 7
A. Beginning July 1, 2012, there is hereby levied for the period from August8
1, 1990 through June 30, 2012, a state tax of two and one-half percent and a local tax9
of one-half of one percent of the gross proceeds derived from the lease or rental of10
an automobile pursuant to an automobile rental contract, less any sales and use tax11
included in such contract. The tax shall be in addition to any tax, fee, or license12
imposed directly or indirectly. The tax shall not apply to any automobile rented by13
an insurance company as a replacement vehicle for a policyholder or by an14
automobile dealer as a replacement vehicle while a customer's vehicle is being15
serviced or repaired, nor shall the tax apply to any individual or business who rents16
a vehicle as a replacement vehicle while his vehicle is being repaired if the17 SB NO. 350
SLS 12RS-748 ORIGINAL
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
individual presents to the renter upon return of the rented vehicle a copy of the repair1
or service invoice.2
* * *3
Section 2. This Act shall become effective on July 1, 2012; if vetoed by the governor4
and subsequently approved by the legislature, this Act shall become effective on July 1,5
2012, or on the day following such approval by the legislature, whichever is later.6
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Riley Boudreaux.
DIGEST
Present law levies for the period from August 1, 1990 through June 30, 2012, a state tax of
2.5% and a local tax of 1.5% of the gross proceeds derived from the lease or rental of an
automobile pursuant to an automobile rental contract.
Proposed law continues the levy of the local tax indefinitely.
Effective July 1, 2012.
(Amends R.S. 47:551(A))