GREEN SHEET REDIGEST
HB 11 2020 First Extraordinary Session Stefanski
TAX/SALES & USE: Provides for the amount of compensation persons required to
collect state sales and use tax may deduct for remitting taxes. (Item #30)
DIGEST
Present law imposes a 4.45% state tax upon the sale, use, consumption, storage, or rental of
certain tangible personal property and services.
Present law provides that the dealer shall be allowed to deduct and retain .935% of the total
amount of taxes due for the purpose of compensating the deal for accounting for and
remitting the tax.
Proposed law changes the amount dealers may deduct and retain to 1.1% of the total amount
of taxes due.
Present law changes the maximum aggregate state compensation for a dealer from $1,500
to $1,200 per calendar month.
Present law provides that the calculation of the compensation shall be based only on the taxes
levied pursuant to R.S. 47:302, 321, 331, and R.S. 51:1286. Proposed law retains present
law.
Effective September 1, 2020.
(Amends R.S. 47:306(A)(3)(a))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Revenue and Fiscal
Affairs to the engrossed bill
1. Changes the maximum aggregate state compensation for a dealer from $1,500
to $1,200 per calendar month.
2. Provides an effective date of August 1, 2020.