DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of
the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of
the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
Gisclair HB No. 193
Abstract: Adds the 2012 NAICS classification for Ship Building and Repairing to the list of
industries included in the definition of "port or port and harbor activity" for purposes of
qualifying for the ports of La. tax credits.
Present law authorizes a ports of La. investor tax credit and an Import Export Cargo credit in
order to encourage private investment in and the use of state port facilities. The ports of La.
investor tax credit applies to the total capital costs of a qualifying project. Present law defines a
"qualifying project" as a project sponsored or undertaken by a public port and investing
companies with a capital cost of not less than $5 million and at which the predominant trade or
business activity conducted constitutes industrial warehousing, or port and harbor operations and
cargo handling, including port or port and harbor activity.
Present law defines "port or port and harbor activity" as any trade or business described in the
1997 North American Industry Classification System (NAICS) within Subsector 493
(Warehousing and Storage), Industry Number 488310 (Port and Harbor Operations), or Industry
Number 488320 (Marine Cargo Handling), when the trade or business is conducted on premises
in which a duly recognized port authority has an ownership, leasehold, or other possessory
interest and such premises are used as part of the operations of a port authority.
Proposed law retains present law but adds the 2012 NAICS Industry Number 336611 relative to
Ship Building and Repairing to the trades and businesses included within the definition of "port
or port and harbor activity".
(Amends R.S. 47:6036(B)(8))