Louisiana 2016 2016 1st Special Session

Louisiana House Bill HB22 Comm Sub / Analysis

                    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 22 Original 2016 First Extraordinary Session	Jackson
Abstract:  Repeals the three-year sunset of reductions to certain rebate programs made in Act No.
126 of the 2015 Regular Session.
Present law sunsets on June 30, 2018, a 20% reduction of rebates made in Act No. 126 of the 2015
R.S. to the following rebate programs:
(1)R.S. 51:2367 Louisiana Mega-Project Energy Assistance Rebate
(2)R.S. 51:2455 Incentive rebates (Louisiana Quality Jobs)
(3)R.S. 51:3114 Contract Administration; rebate (Corporate Headquarters Relocation Program)
(4)R.S. 51:3121 Competitive Projects Payroll Incentive Program
Proposed law repeals the three-year sunset of the 20% reduction to the rebate programs in Act No.
126 of the 2015 R.S. making the reductions permanent.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends §6 of Act No. 126 of the 2015 R.S.; Repeals §3 of Act No. 126 of the 2015 R.S.)