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)]
HB 429 Original 2022 Regular Session Hilferty
Abstract: Establishes a rebate for state sales and use taxes paid by nonprofit charitable
organizations on purchases of construction and building materials used for constructing,
rehabilitating, or renovating residential dwellings.
Proposed law establishes a sales and use tax rebate for state taxes paid by nonprofit charitable
organizations on purchases of construction and building materials used for constructing,
rehabilitating, or renovating residential dwellings. The rebate may be claimed after the construction,
rehabilitation, or renovation has been completed.
Proposed law requires claims for the rebate to be processed by the Dept. of Revenue (DOR) on a
form and in the manner prescribed by the secretary. Further requires the nonprofit charitable
organization claiming a rebate to submit documentation to DOR evidencing the purchase of
construction and building materials used for constructing, rehabilitating, or renovating residential
dwellings.
Proposed law limits the maximum amount of rebates paid annually to $1M. Requires rebates to be
paid on a first-come, first-served basis until the maximum amount of rebates have been paid. If the
total amount of rebates applied for in a year exceeds the amount of rebates allowed for that year, the
excess amount shall be treated as having been applied for on the first day of the subsequent year.
Proposed law requires DOR to pay rebates from the current sales tax collections.
Proposed law authorizes the secretary of DOR to promulgate rules as pursuant to present law as are
necessary to implement the provisions of proposed law, including rules providing for the form and
manner for claiming a rebate and for paying rebates on a first-come, first-served basis.
Proposed law is applicable to purchases made on or after July 1, 2022.
Effective July 1, 2022.
(Adds R.S. 47:305.75)