HLS 15RS-571 ORIGINAL
2015 Regular Session
HOUSE BILL NO. 671
BY REPRESENTATIVE STOKES
FUNDS/FUNDING: Dedicates the avails of certain state taxes on tobacco, nicotine
products, alcoholic beverages and other monies to be distributed to certain political
subdivisions which levy ad valorem taxes
1 AN ACT
2To enact R.S. 39:100.146, relative to the dedication of state revenues; to dedicate the avails
3 of certain state taxes on tobacco, nicotine products, and alcoholic beverages; to
4 establish the Ad Valorem Tax Abatement Fund as a special treasury fund; to provide
5 for the deposit and use of monies in the fund; to authorize distributions from the fund
6 for support of certain political subdivisions; to provide for effectiveness; and to
7 provide for related matters.
8Be it enacted by the Legislature of Louisiana:
9 Section 1. R.S. 39:100.146 is hereby enacted to read as follows:
10 100.146. Tobacco and Nicotine Product Taxes; Alcoholic Beverage Taxes; Ad
11 Valorem Tax Abatement Fund; dedication to political subdivisions
12 A. Revenue Dedication. Beginning November 1, 2015, the avails of any and
13 all state taxes upon the sale, use, and consumption of tobacco products, nicotine
14 vapor products, alternative nicotine products and alcoholic beverages which are first
15 enacted during the 2015 Regular Session of the Legislature, hereafter referred to as
16 "state revenues" are hereby dedicated for annual allocation and distribution to those
17 political subdivisions of the state which as of that date impose an ad valorem tax on
18 property within their jurisdiction, hereinafter referred to as "eligible political
19 subdivisions".
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 15RS-571 ORIGINAL
HB NO. 671
1 B. Ad Valorem Tax Abatement Fund. There is hereby established a special
2 fund within the state treasury to be known as the Ad Valorem Tax Abatement Fund,
3 hereinafter referred to as "the fund". The purpose of the fund shall be administration
4 of the state revenues dedicated to eligible political subdivisions as required in
5 Paragraph A of this Section. After satisfying the requirements of the Bond Security
6 and Redemption Fund as provided in Article VII, Section 9(B) of the constitution of
7 Louisiana, the state treasurer shall deposit in and credit to the fund an amount equal
8 to the state revenues. The treasurer shall distribute monies from the fund on a
9 monthly basis in accordance with a formula to be established by law.
10 Section 2. This Act shall take effect and become operative if and when the proposed
11addition of Article VII of the Constitution of Louisiana contained in the Act which
12originated as House Bill No. ____ of this 2015 Regular Session of the Legislature is adopted
13at a statewide election and becomes effective.
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 671 Original 2015 Regular Session Stokes
Abstract: Dedicates the avails of all state taxes on tobacco and nicotine products that are
enacted during the 2015 Regular Session for allocation to political subdivisions
which levy a property tax, and establishes the Ad Valorem Tax Abatement Fund for
purposes of the dedication.
Proposed constitutional amendment, beginning November 1, 2015, dedicates the avails of
those state taxes upon the sale, use, and consumption of tobacco products, nicotine vapor
products, alternative nicotine products, and alcoholic beverages which are first enacted
during the 2015 Regular Session of the legislature for annual allocation and distribution to
political subdivisions which levy an ad valorem tax on property, as of Nov. 1, 2015
("eligible political subdivisions").
Present constitution defines "political subdivision" as a parish, municipality, and any other
unit of local government, including a school board, and a special district authorized by law
to perform governmental functions.
Proposed constitutional amendment establishes the Ad Valorem Tax Abatement Fund as a
special treasury fund, hereinafter referred to as "the fund", for administration of the state
revenues dedicated to eligible political subdivisions pursuant to proposed constitutional
amendment, as well as any other monies which may be designated by law for deposit into
the fund. Requires the state treasurer, after satisfying the requirements of the Bond Security
and Redemption Fund, to deposit in and credit to the fund an amount equal to the state
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 15RS-571 ORIGINAL
HB NO. 671
revenues. Monies will be distributed from the fund on a monthly basis in accordance with
a formula to be established by law.
Effective Nov. 1, 2015, if and when the proposed amendment of Article VII of the
Constitution of La. contained in the Act which originated as House Bill No. ___ of this 2015
R.S. of the Legislature is adopted at a statewide election and becomes effective.
(Adds R.S. 39:100.146)
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.