House Bill No. by Representative Tarver proposes to repeal the one percent state sales and use tax levy currently imposed under R.S. 47:321.1, effectively reducing the total state sales and use tax from 5% to 4%. The bill amends several sections of the Louisiana Revised Statutes, including R.S. 39:467 and 468, which pertain to exemptions from sales and use taxes for certain public facilities. The proposed changes remove references to the repealed levy while retaining the existing exemptions for sales occurring at state-owned facilities and other specified circumstances.

Additionally, the bill makes technical amendments to R.S. 47:305, 305.39, 306, and 318, which include adjustments to the language regarding exemptions and deductions related to sales and use taxes. Notably, it eliminates the provision that previously exempted taxes collected under R.S. 47:321.1 from being dedicated to the Marketing Fund in the state treasury. The Louisiana State Law Institute is tasked with correcting any references to the repealed law in existing statutes. The bill is set to take effect on July 1, 2025.

Statutes affected:
HB334 Original: 39:467(H), 39:468(G), 47:305(C)(3), 47:306(A)(3), 47:318(A)