To provide with respect to the applicability of certain exclusions and exemptions from state sales and use taxes (EN +$272,300,000 GF RV See Note)
Suspends various exemptions as to the 2%, 1%, and 0.97% state sales and use tax levies (Item #36) (EG SEE FISC NOTE GF 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)
Provides for the tax base for the state sales and use tax (Items #9 and 36) (EGF +$573,700,000 GF RV See Note)
Provides with respect to the exclusions and exemptions applicable to sales and use tax
Provides relative to sales and use tax reform
Reduces the rate of the state tax levied on the sale, use, consumption, distribution, and storage of certain items of tangible personal property and certain services in La.
Decreases the state sales and use tax rate and repeals exclusions and exemptions from state sales and use tax (OR SEE FISC NOTE GF RV)
To establish a framework upon which to repeal the property tax on business inventories and offshore vessels as well as the state income tax credits associated therewith through the repeal of a state sales and use tax, the levy of a limited, temporary state sales and use tax, and limitations on the applicability of certain exclusions and exemptions from certain state sales and use taxes (Items #31 and 36) (OR SEE FISC NOTE GF RV)
Dedicates the avails of the existing one percent state sales and use tax for the support of public elementary through post-secondary education (EG +$231,000,000 GF RV See Note)