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)]
Richard HB No. 716
Abstract: Reduces the state sales and use tax rate from 4% to 2.88% on the retail sale, use,
consumption, distribution, lease, rental, and storage or certain items of tangible personal
property and on certain services.
Present law provides for a state sales and use tax rate of 4%, and includes numerous exemptions
and exclusions from the tax.
Proposed law reduces the sales tax rate from 4% to 2.88% and repeals numerous exclusions and
exemptions.
Effective Jan. 1, 2014.
(Amends R.S.47:301, 301.1(B), (D), and (E), 302(A), (B), (C)(1), and (D), 321(A) through (C),
302.1(A), 305(A)(1), (3), and (4)(a), (D)(1)(intro. para.) and (I) intro. para.), 305.1(A) and (B),
305.3, 305.6, 305.7, 305.9, 305.13, 305.14(A)(1)(a) and (5), 305.16, 305.17, 305.19, 305.20(A),
305.25(A) and (B), 305.41, 305.44(A)(intro. para.), 305.45(A)(intro. para.), 305.46(A)(intro.
para.), 305.49, 305.50(A)(1), 305.51(A), 305.53(A), 305.57(A), 305.61(A), 305.65(A),
305.69(A), and 305.70; Repeals R.S. 47:305(A)(2), (5), and (6), (D)(1)(f), (2)(a)(iv) and (v) and
(b) and (3), 305.18, 305.26, 305.33, 305.36, 305.40, 305.42, 305.43, 305.54, 305.56, 305.62,
305.63, 305.64, 305.66, 305.67, and 305.68)