Louisiana 2013 2013 Regular Session

Louisiana Senate Bill SB102 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Danielle Doiron.
DIGEST
Proposed law exempts from the sales and use tax of any political subdivision in the state the
following items:
(1)Vaso-endothelial growth factor, known as VEGF inhibitors, including but not limited to
Visudyne and Macugen.
(2)Complex biologics such as monoclonal antibodies, including but not limited to
Infliximab. 
Proposed law does not apply to sales and use taxes levied by a parish governing authority, school
board, or sheriff of any parish until after July 1, 2014.
Effective July 1, 2013.
(Enacts R.S. 47:337.10(P))