RÉSUMÉ DIGEST
ACT 366 (HB 596) 2019 Regular Session Stefanski
Existing law defines "commercial farmer" as only those persons occupationally engaged in
producing food or agricultural commodities for sale. Further provides sales and use tax
exemptions and exclusions for certain agricultural inputs for commercial farmers who file
their farm income and expenses on federal tax forms.
New law expands the definition of commercial farmer to include a landowner who is
determined by the Dept. of Revenue (DOR) to be a party to a joint venture and who leases
land to a commercial farmer, as defined by existing law.
New law requires the landowner to submit documentation of the joint venture arrangement
or a report of farm income and expenses, including proof of lease income, from the joint
venture on a federal tax form to the DOR in order for the secretary to determine if the
taxpayer is a commercial farmer.
Effective July 1, 2019.
(Amends R.S. 47:301(30))