House Bill No. [insert number] enacts R.S. 47:301.7, which establishes new regulations regarding sales and use tax exemptions in Louisiana. Starting January 1, 2026, the bill stipulates that no new sales and use tax exemption, exclusion, credit, or rebate can be enacted by the Legislature unless it applies uniformly to all sales and use taxes levied by various taxing authorities. This aims to ensure consistency and fairness in the application of tax incentives across the state.

The bill is set to take effect upon the governor's signature or, if not signed, after the designated period for bills to become law without a signature. If the governor vetoes the bill but it is later approved by the legislature, it will become effective the day after that approval. This legislative change is intended to streamline the process of enacting tax incentives and promote uniformity in tax policy across Louisiana.