Requires that certain repairs to tangible personal property be excluded from local sales and use taxes in East Feliciana Parish (OR SEE FISC NOTE LF RV)
Impact
If enacted, this bill would standardize the treatment of sales and use taxes related to tangible personal property repairs in East Feliciana Parish. The mandatory exclusion would likely benefit local businesses that provide repair services, as they could become more competitive by reducing the tax burden on customers out of state. In doing so, it could potentially foster economic growth in the area by encouraging more business and trade with customers from other states.
Summary
House Bill 86, introduced by Representative Havard, aims to amend the existing regulations regarding local sales and use taxes specifically in East Feliciana Parish. The bill proposes that charges for repairs to tangible personal property, when the repaired items are delivered to customers in another state, be mandatorily excluded from local sales and use taxes. This marks a shift from a previous permissive exclusion, making the exclusion a requirement for local tax authorities within the implemented guidelines.
Sentiment
The sentiment surrounding HB 86 appears to be positive from the perspective of local business owners and service providers who would no longer be encumbered by a discretionary tax exclusion. This perspective aligns with a broader pro-business narrative that promotes policies aimed at reducing tax liabilities. However, the bill might raise concerns among some local government officials who rely on tax revenues generated from local services, fearing that the loss of this tax revenue could limit their ability to fund essential community services.
Contention
Despite its potential benefits, there may be points of contention regarding the implications of this mandatory exclusion. Local governments could argue that it undermines their fiscal autonomy by removing flexibility in managing tax regulations. This might lead to debates about the balance of sales tax rules between local needs and broader economic strategies, highlighting a common tension in policy discussions related to local governance and state-imposed regulations.
Requires that certain repairs to tangible personal property be excluded from state sales and use taxes and sales and use taxes in East Feliciana Parish (EG SEE FISC NOTE LF RV See Note)
Excludes certain repairs on tangible personal property from local sales and use tax by certain taxing authorities in Calcasieu Parish (EN SEE FISC NOTE LF RV See Note)
Provides for certain tax authorities to grant an exclusion from sales tax for repairs to certain property which is delivered out of state. (7/1/13) (EN SEE FISC NOTE LF RV)
Provides with respect to the levy of state sales and use taxes on certain sales of tangible personal property and services (OR INCREASE GF RV See Note)
Exempts from state and local sales and use taxes certain tangible personal property and services related to photography and videography services. (gov sig) (RE DECREASE GF RV See Note)
Provides with respect to sales of certain services and tangible personal property at certain publicly owned facilities (Item #35) (EN SEE FISC NOTE GF RV)