(Constitutional Amendment) Provides relative to severance tax revenues remitted to parishes in which the associated severance occurs (RE -$46,900,000 GF RV See Note)
Requires parishes to use portions of severance tax revenues received from the state for economic development activities and infrastructure projects (EG SEE FISC NOTE 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)