Louisiana 2016 2016 1st Special Session

Louisiana Senate Bill SCR6 Comm Sub / Analysis

                    RÉSUMÉ DIGEST
SCR 6	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 22 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, the Legislative Auditor, a
representative from the American Federation of Labor and Congress of Industrial
Organizations, and a representative from the Offshore Marine Services Association.
Requires that the task force meet monthly or as needed, starting no later than July 31, 2016,
and report its findings and recommendations to the Senate president and House speaker, no
later than February 1, 2017.
Requires that the legislative members elect the chairman.