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 578 Original 2015 Regular Session Stokes
Abstract: Prohibits certain business industries from being eligible for sales tax rebates and tax
credits provided in the enterprise zone program.
Present law establishes the Enterprise Zone Program that provides for tax credits and rebates for
eligible businesses, grants benefits under the program based on numbers of jobs, and provides for
specific eligibility criteria with respect to employees for jobs that are eligible for program benefits.
Proposed law retains present law and adds retail businesses assigned a North American Industry
Classification Codes (NAICS) Code of 722 to the list of retail businesses eligibile for incentives
under present law.
Proposed law further prohibits the following business industries that are identified by the NAICS
from being eligible for incentives if the required advance notification form is not filed before July
1, 2015:
(1)Retail, NAICS Codes beginning with 44 and 45
(2)Food Services and Drinking Places, NAICS Codes beginning with 722
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends R.S. 51:1787(B)(3)(b))