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 11 Original 2016 First Extraordinary Session Cox
Abstract: Reduces the amount of the discounts for the accurate reporting and timely remittance of
state excise taxes on all alcoholic beverages and beer.
Present law provides for the levy of an excise tax upon the sale of all beverages of high alcoholic and
low alcoholic content in La.
Present law authorizes a discount of 2% of the amount of tax due on beverages of low alcoholic
content in order to encourage accurate reporting and timely remittance of the taxes due on beverages
of low alcoholic content. Further provides a discount of 3a% of the amount of tax due on beverages
of high alcoholic content in order to encourage accurate reporting and timely remittance of the taxes
due on beverages of low alcoholic content.
Proposed law reduces the discount from 2% of the amount of the tax due to 1% of the amount of the
tax due for the accurate reporting and timely remittance of taxes on beverages of low alcoholic
content. Additionally, reduces the discount from 3a% of the amount of the tax due to 1b% of the
amount of tax due for the accurate reporting and timely remittance of taxes due on beverages of high
alcoholic content.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends R.S. 26:345 and 354(D))