The bill enacts several provisions related to sales and use tax in Louisiana, specifically addressing compensation for dealers and remote sellers involved in the collection and remittance of these taxes. It introduces new legal language that allows for vendor's compensation to be provided as a deduction against taxes due, contingent upon timely filing and payment. The compensation rate will be specified in local ordinances, and the bill mandates that this compensation be included as a deduction on certain tax returns.

Additionally, the bill establishes that the Louisiana Sales and Use Tax Commission for Remote Sellers will oversee the implementation of these compensation provisions, ensuring that vendor's compensation is applied according to each taxing jurisdiction's specific rate. The effective date for these changes is set for July 1, 2025, and they will apply to taxable periods beginning on or after that date.