HLS 17RS-977 ORIGINAL
2017 Regular Session
HOUSE BILL NO. 367
BY REPRESENTATIVE IVEY
TAX EXEMPTIONS: Repeals authority for tax exemption contracts to be granted by the
Board of Commerce and Industry for manufacturing establishments, corporate
headquarters, and warehousing and distribution establishments
1 AN ACT
2To repeal Chapter 1 of Subtitle V of Title 47 of the Louisiana Revised Statutes of 1950,
3 comprised of R.S. 47:3201 through 3206 and Chapter 3 of Subtitle V of Title 47 of
4 the Louisiana Revised Statutes of 1950, comprised of R.S. 47:4301 through 4306,
5 relative to state tax exemptions; to provide with respect to state tax exemptions for
6 certain businesses including manufacturing establishments, warehousing and
7 distribution establishments, and corporate headquarters; to repeal the authorization
8 for certain exemptions granted by the Board of Commerce and Industry; and to
9 provide for effectiveness.
10Be it enacted by the Legislature of Louisiana:
11 Section 1. Chapter 1 of Subtitle V of Title 47 of the Louisiana Revised Statutes of
121950, comprised of R.S. 47:3201 through 3206, and Chapter 3 of Subtitle V of Title 47 of
13the Louisiana Revised Statutes of 1950, comprised of R.S. 47:4301 through 4306 are hereby
14repealed in their entirety.
15 Section 2. This Act shall take effect and become operative on January 1, 2018, if and
16when the Act which originated as House Bill No. _____ of this 2017 Regular Session of the
17Legislature is enacted and becomes effective, and House Concurrent Resolution No. _____
18of this 2017 Regular Session of the Legislature of Louisiana is adopted by both houses of
19the Louisiana Legislature.
Page 1 of 2 HLS 17RS-977 ORIGINAL
HB NO. 367
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 367 Original 2017 Regular Session Ivey
Abstract: Repeals the authorization for state tax exemption contracts to be granted by the
Board of Commerce and Industry for manufacturing establishments, warehousing
and distribution establishments, and corporate headquarters.
Present law authorizes the Board of Commerce and Industry to grant exemptions from the
following state taxes: corporation franchise, corporation income, sales and use, and any
other tax imposed by the state to which a business may be subject. Exemptions are granted
through contracts between the Board of Commerce and Industry and certain eligible types
of businesses which include: manufacturing establishments, corporate headquarters, and
warehousing and distribution establishments.
Present law gives broad authorization for the establishment of criteria and requirements for
exemptions through administrative rules.
Proposed law repeals present law.
(Repeals R.S.47:3201-3206 and 4301-4306)
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