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)]
HB 509 Original 2015 Regular Session Smith
Abstract: For the period between July 1, 2015, through June 30, 2017, all state sales and use tax
exemptions for sales of steam, water, electric power, or energy shall be inapplicable,
inoperable, and of no effect, resulting in the imposition of these taxes on the sales of such
items.
Present law authorizes the levy of a 2%, a 1%, and a .97% state tax upon the sale at retail, the use,
the consumption, the distribution, and the storage for use or consumption in this state of each item
or article of tangible personal property.
Present law exempts sales of electric power or energy, natural gas, steam and water from imposition
of these taxes.
Proposed law renders the exemptions provided in present law inapplicable, inoperable, and of no
effect for all taxable years between July 1, 2015 and June 30, 2017.
Effective July 1, 2015.
(Adds R.S. 47:302(V), 321(L), and 331(S))