Louisiana 2017 Regular Session

Louisiana House Bill HB47

Introduced
3/9/17  
Introduced
3/9/17  
Refer
3/9/17  
Refer
3/9/17  
Refer
4/10/17  

Caption

Adds certain polyroll tubing to the definition of farm equipment for purposes of the state sales and use tax exemption for certain farm equipment (OR -$212,000 GF RV See Note)

Impact

By adding polyroll tubing to the existing exemptions related to farm equipment, HB 47 is expected to lower costs for farmers who utilize this essential equipment for irrigation purposes. This change in legislation is seen as a boon for the agricultural sector, allowing farmers to invest more in efficient irrigation practices. The bill is projected to have a positive financial impact on farms as it reduces their expenditure on necessary tools for agricultural production.

Summary

House Bill 47, introduced by Representative Anders, seeks to amend the state sales and use tax exemption by including polyroll tubing in the definition of farm equipment. This legislation aims to provide farmers with increased access to vital irrigation infrastructure by allowing them to benefit from sales tax exemptions on these materials. Currently, farm equipment is exempt from taxes up to a certain threshold, and this bill seeks to extend similar advantages to polyroll tubing used in commercial farming irrigation.

Sentiment

The sentiment surrounding HB 47 appears generally supportive among the agricultural community and those advocating for small farmers. Proponents argue that the inclusion of polyroll tubing in the sales tax exemption will encourage better irrigation practices, thus enhancing crop production and sustainability. However, as with any tax-related legislation, there may be concerns regarding the overall impact on state revenue, which could lead to debates among lawmakers who are more fiscally conservative.

Contention

Notable points of contention include potential criticisms surrounding the long-term financial implications of expanding tax exemptions for specific agricultural tools and the potential impact on state funding for public services. While supporters view the bill as a necessary step to support farmers, opponents may question the sustainability of such exemptions in light of the need for state revenue. This could lead to discussions about balancing agricultural support with broader fiscal responsibilities.

Companion Bills

No companion bills found.

Previously Filed As

LA HB629

Adds certain polyroll tubing to the definition of farm equipment for purposes of the state sales and use tax exemption for certain farm equipment (EN -$690,000 GF RV See Note)

LA HB92

Adds certain polyroll tubing to the definition of farm equipment for purposes of the state sales and use tax exemption for certain farm equipment (OR -$212,000 GF RV See Note)

LA HB59

Adds certain polyroll tubing to the definition of farm equipment for purposes of the state sales and use tax exemption for certain farm equipment and authorizes a state sales and use tax refund for certain purchases of polyroll tubing made prior to July 1, 2017

LA SB4

Exempts purchases of certain farm equipment from the state sales and use tax during a declared state of emergency or disaster. (gov sig) (Item #26) (OR DECREASE GF RV See Note)

LA HB668

Extends the applicability of certain sales and use tax exemptions to local sales and use taxes (EG -$39,300,000 LF RV See Note)

LA SB97

Provides relative to the sales and use tax exemption for feed, seed, and fertilizer used by commercial farmers. (1/1/18) (EN SEE FISC NOTE See Note)

LA HB562

Provides with respect to the levy of state sales and use taxes on certain sales of tangible personal property and services (OR INCREASE GF RV See Note)

LA HB596

Defines a commercial farmer for purposes of certain sales and use tax exemptions (EN SEE FISC NOTE GF RV See Note)

LA HB17

Provide for the applicability of certain exclusions and exemptions to state sales and use taxes (Item #7) (OR +$84,000,000 GF RV See Note)

LA HB559

Repeals the state sales and use tax exclusion for manufacturing machinery and equipment and the exemption for business utilities and provides a refund of the state sales and use tax collected on certain manufacturing machinery and equipment and industrial utilities (OR INCREASE GF RV See Note)

Similar Bills

No similar bills found.