House Bill No. [insert number] proposes to amend and reenact several sections of the Louisiana Revised Statutes related to state sales and use tax, specifically reducing the total sales tax levy from 5% to 4% by repealing the 1% levy currently imposed under R.S. 47:321.1. The bill also makes technical changes to ensure consistency with this repeal, including the removal of cross-references to the repealed levy in various sections, such as R.S. 39:467 and R.S. 39:468, which pertain to exemptions for sales at state-owned facilities.

Additionally, the bill amends R.S. 47:305, 305.39, 306, and 318 to reflect the repeal of R.S. 47:321.1, while retaining the existing exemptions and provisions for sales and use tax. The Louisiana State Law Institute is tasked with correcting any references to the repealed law in R.S. 47:321 and 331. The proposed changes are set to take effect on July 1, 2025, unless vetoed by the governor and subsequently approved by the legislature.

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