Provides for the effectiveness of the state sales and use tax exclusion for sales or purchases of fire-fighting equipment by a volunteer fire department (Item #17)
Reduces the amount of the income tax credit for the Louisiana Citizens Property Insurance Corporation Assessment and makes the reduction permanent (Item #46) (OR +$8,000,000 GF RV See Note)
Reduces the amount of the income tax credit for the Louisiana Citizens Property Insurance Corporation Assessment and makes the reduction permanent (Item #46) (OR +$17,000,000 GF RV See Note)
Changes the rates and brackets for purposes of calculating individual income tax liability and eliminates certain deductions (Items #40 and 43) (EG +$25,000,000 GF RV See Note)
Provides for effectiveness of the exemption for purchases of fishing vessels, supplies, fuels, lubricants, and repairs for vessels by licensed commercial fishermen (Item #33)
Reduces the amount of certain ad valorem tax credits and provides for the carry forward rather than the refund of a certain portion of excess credit amounts (Item #36) (OR +$48,000,000 GF RV See Note)
Provides relative to the apportionment ratio for purposes of computing corporate income tax and provides for the sourcing of sales (Item #44) (EN INCREASE GF RV See Note)
Provides for the effectiveness of state sales and use tax exemptions and exclusions for the sales of certain tangible personal property and services (Items #7-34)