RÉSUMÉ DIGEST
ACT 27 (HB 11) 2020 First Extraordinary Session Stefanski
Existing law imposes a state tax upon the sale, use, consumption, storage, or rental of certain
tangible personal property and services. Authorizes dealers to deduct and retain a percentage
of the total amount of taxes due for the purpose of compensating the dealer for accounting
for and remitting the tax.
Prior law allowed dealers to deduct and retain .935% of the total amount of taxes due.
New law changes the amount dealers may deduct and retain from .935% to 1.05% of the
total amount of taxes due.
Effective Aug. 1, 2020.
(Amends R.S. 47:306(A)(3)(a))