The bill CCRHB578 proposes significant amendments to Louisiana's sales and use tax laws, introducing new provisions for sales tax increment financing, exemptions for certain ships and supplies, and specific government purchases. It establishes an annual baseline collection rate for medical and bioscience districts and allows for local optional exemptions. The bill also sets forth conditions for general contractors and subcontractors to claim exemptions on public project-related purchases, requiring a certificate of exemption from the Department of Revenue. Additionally, it clarifies the sales tax treatment of materials and services for vessels in foreign or interstate commerce and introduces exemptions for educational institutions.

Moreover, CCRHB578 increases the dedication for tourism promotion from 0.3% to 3% of state sales tax avails and expands the definition of "dealer" to include digital products. It removes flooring from taxable repair services and specifies that certain cable and satellite services will only be subject to state sales tax. The bill introduces various exemptions for nonprofit organizations, particularly those involved in charitable activities, and outlines specific applicability dates for the new regulations, with most provisions taking effect on or after January 1, 2025. Additionally, it establishes a mechanism for adjusting boat registration taxes based on the Consumer Price Index starting in 2030.

Statutes affected:
HB578 Original: 47:301(3), 47:1(F), 47:3(7), 47:2(A)(5), 47:6(1), 47:7(A)(2), 47:36(A), 47:75(A), 47:321(A), 47:1(A), 47:331(A), 51:1286(A), 47:6(B), 47:36(E)
HB578 Engrossed: 47:301(3), 47:1(F), 47:3(7), 47:2(A)(5), 47:6(1), 47:7(A)(2), 47:12(D), 47:36(A), 47:75(A), 47:321(A), 47:1(A), 47:331(A), 51:1286(A), 47:6(B)
HB578 Reengrossed: 47:301(3), 47:1(F), 47:3(7), 47:2(A)(5), 47:6(1), 47:7(A)(2), 47:12(D), 47:36(A), 47:75(A), 47:321(A), 47:1(A), 47:331(A), 51:1286(A), 47:6(B), 47:1(E)
HB578 Re-Reengrossed: 47:301(3), 47:1(F), 47:3(7), 47:2(A)(5), 47:6(1), 47:7(A)(2), 47:12(D), 47:36(A), 47:75(A), 47:321(A), 47:1(A), 47:331(A), 51:1286(A), 47:6(B), 47:1(E)
HB578 Enrolled: 47:301(3), 47:1(F), 47:3(7), 47:2(A)(5), 47:6(1), 47:7(A)(2), 47:12(D), 47:36(A), 47:50(A)(2), 47:75(A), 47:321(A), 47:1(A), 47:331(A), 47:10(A), 47:6(6), 47:7(A)(1), 51:1286(A), 47:6(B), 47:2(A)(4), 47:36(E)
HB578 Act : 47:301(3), 47:1(F), 47:3(7), 47:2(A)(5), 47:6(1), 47:7(A)(2), 47:12(D), 47:36(A), 47:50(A)(2), 47:75(A), 47:321(A), 47:1(A), 47:331(A), 47:10(A), 47:6(6), 47:7(A)(1), 51:1286(A), 47:6(B), 47:2(A)(4), 47:36(E)
Conference Committee Report, #4411, House Adopted, Senate Adopted: 47:1(A), 47:6(6), 47:7(A)(1), 47:6(B), 47:2(A)(4), 47:36(E)