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 666 Original 2016 Regular Session Schroder
Abstract: Requires certain tax expenditures to be appropriated and limits the amount of each tax
credit and rebate to the appropriated amount.
Proposed law requires the executive budget and the General Appropriation Bill to have an
appropriation for each tax expenditure program in the same section of law as the department that
grants or administers the program.
Proposed law defines "tax expenditure program" as each tax credit and each tax rebate authorized
by law.
Proposed law limits the amount of each tax credit or rebate to the amount appropriated in the General
Appropriation Bill for each fiscal year. Further requires the department administering the provisions
of a tax credit or rebate to establish the method of allocating available tax credits or rebates.
(Amends R.S. 39:51(E) and (F); Adds R.S. 39:34(F) and 51(G) and R.S. 47:1675(K))