The bill amends R.S. 47:306.6 to establish new regulations regarding aviation fuel taxes in Louisiana. It mandates annual estimates of revenue derived from aviation fuel taxes, which will be appropriated solely for airport-related purposes. A significant addition is the requirement for airports to clearly indicate designated ramp space for public use in their published directories, which must be available for transient aircraft without charge for up to two hours. The bill clarifies that airport operators are not obligated to provide additional services to aircraft using this designated space.

Additionally, the bill revises the methodology for calculating annual estimated revenue from aviation fuel sales. It replaces previous requirements for agreements between the Department of Revenue and the Department of Transportation with rules and procedures established by the Department of Transportation's office of multimodal commerce. The bill also introduces a new reporting structure, where the Department of Revenue must provide an annual report on actual state tax collections from aviation fuel sales to the Department of Transportation, which will use this data to inform its revenue estimations. The Revenue Estimating Conference is tasked with utilizing these new formulas and rules to develop its annual estimates of aviation fuel taxes collected.

Statutes affected:
SB436 Original:
SB436 Engrossed:
SB436 Enrolled:
SB436 Act 513: