Louisiana 2017 2017 Regular Session

Louisiana Senate Bill SB21 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Leonore F. Heavey.
DIGEST
SB 21 Original	2017 Regular Session	Peacock
Present law partially suspends the state sales tax exemption for purchases and leases of
manufacturing machinery and equipment subjecting these purchases to a state sales tax at the rate
of one percent until July 1, 2018.
Proposed law repeals present law.
Effective July 1, 2017.
(Repeals R.S. 47:321(O))