(Constitutional Amendment) Phases-in, over a four year period, a property tax exemption for items constituting business inventory (OR -$444,000,000 LF RV See Note)
Establishes the Louisiana Rural Infrastructure Revolving Loan Program to provide financial assistance to local governments and political subdivisions for certain capital infrastructure projects (EN INCREASE SD EX See Note)
Reduces the annual cap on the amount of motion picture production tax credits awarded, the cap on the amount of credits claimed on tax returns, and the per project cap (OR +$100,000,000 GF RV See Note)
Changes local sales and use tax exemptions for commercial fishermen and certain seafood processing facilities from optional to mandatory (EN DECREASE LF RV See Note)
Requires certain information and analysis to be included in the governor's executive budget and the General Appropriation Bill (EN INCREASE GF EX See Note)