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 28 Reengrossed 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 Louisiana.
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 3-a% 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 .5% 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 3-a% of the amount of the tax due to .835 of 1%
of the amount of tax due for the accurate reporting and timely remittance of taxes due on beverages
of high alcoholic content.
Effective April 1, 2016.
(Amends R.S. 26:345 and 354(D))
Summary of Amendments Adopted by House
The House Floor Amendments to the engrossed bill:
1. Change the amount of the discount for beverages of low alcoholic content from 1% to
.5%.
2 Change the amount of the discount for beverages of high alcoholic content from 1 2/3%
to .835%.
3. Change the effective date from signature of the governor to April 1, 2016.