Creates and provides for the Louisiana Medical Research Fund (OR INCREASE SD EX See Note)
Changes the research and development tax credit program to a "rebate"; decreases the program from December 31, 2013 to June 30, 2013; reduces the amount of the rebate by requiring all employees to be counted in the size of the business, rather than only resident employees; and changes it calculation. (gov sig) (EN INCREASE GF RV See Note)
Creates a task force to study the effectiveness of technology and research parks and to make recommendations on its findings.
Provides relative to the Louisiana Cancer Research Center
Creates the Medical Education & Research Finance Work Group to provide findings and recommendations to the legislature relative to a formula-based financing model for the funding of Louisiana's public institutions for graduate and professional medical education and biomedical and health-related research
Requests the Senate and House committees on agriculture, forestry, aquaculture, and rural development to meet and function as a joint committee to study and make recommendations regarding the appropriate level of support to further the missions, goals, and priorities of the Louisiana State University Agricultural Center and the Southern University Agricultural Research and Extension Center.
Extends the research and development tax credit program from Dec. 31, 2013, to Dec. 31, 2019, and changes the refundable tax credit to a tax rebate (RE INCREASE GF RV See Note)
Urges and requests the Department of Agriculture and Forestry, in collaboration with the Louisiana State University Agricultural Center and Southern University Agricultural Research and Extension Center, to study the feasibility of promoting the growth, production, and use of organic produce in this state