House Bill No. by Representative Beaullieu enacts a new provision, R.S. 47:301.7, which establishes guidelines for the enactment of sales and use tax exemptions, exclusions, credits, or rebates in Louisiana. Starting January 1, 2026, any new tax incentive introduced by the Legislature must apply uniformly to all sales and use taxes imposed by various taxing authorities. This aims to ensure consistency and fairness in the application of tax incentives across the state.

The bill outlines that it will 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 measure seeks to enhance the transparency and uniformity of tax incentives in Louisiana's tax system.