RDCSB177 416 3513
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)]
SB 177 Reengrossed 2017 Regular Session Morrell
Present law requires that in order to be considered an eligible production expense for the
Motion Picture Investor Tax Credit that entities paying compensation for personal services
shall remit withholding tax at the rate of six percent or at the highest individual income tax
rate in effect.
Proposed law retains present law but requires the payor to withhold taxes, excluding
amounts otherwise not subject to withholding requirements, at the rate determined in
accordance with an employee's withholding allowance certificate, or the highest individual
rate in effect at the time if there is no employee withholding allowance certificate.
July 1, 2017.
(Amends R.S. 47:164(D)(2)(b))
Summary of Amendments Adopted by Senate
Senate Floor Amendments to engrossed bill
1. Legislative Bureau technical amendment.
Summary of Amendments Adopted by House
The Committee Amendments Proposed by House Committee on Ways and Means to the
reengrossed bill:
1. Specify the rates that the motion picture production payroll services company
must withhold from employee wages if the employee does not have a
withholding allowance certificate.
2. Change effective date from upon signature of the governor to July 1, 2017.
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