House Bill No. by Representative Beaullieu proposes the enactment of R.S. 47:301.7, which introduces new regulations regarding sales and use tax exemptions in Louisiana. The bill stipulates that starting January 1, 2026, the Legislature will not be able to enact any new sales and use tax exemptions, exclusions, credits, or rebates unless they apply uniformly to all 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 measure seeks to streamline tax policy and enhance the predictability of tax incentives in Louisiana.