Louisiana 2016 2016 1st Special Session

Louisiana Senate Bill SCR6 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Leonore Heavey.
DIGEST
SCR 6 Original 2016 First Extraordinary Session	Allain
Creates a task force to meet and study state and local taxation laws with respect to local government
funding from ad valorem taxes on inventory, ad valorem taxes on vessels in Outer Continental Shelf
Lands Act Waters, and the state associated tax credits. 
The task force is to be comprised of 20 members that include members of the Senate and the House
of Representatives, industry representatives, local and state government representatives, a public
interest representative, the faculty member with revenue forecasting experience serving on the
Revenue Estimating Conference, and the Legislative Auditor. 
Requires that the task force meet monthly, starting no later than July 31, 2016, and report its findings
and recommendations to the president of the Senate and the speaker of the House of Representatives,
no later than February 1, 2017.