LEGISLATIVE FISCAL OFFICE
Fiscal Note
Fiscal Note On: SB 26 SLS 201ES 204
Bill Text Version: ENROLLED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: June 25, 2020 4:30 PM Author: HEWITT
Dept./Agy.: Economic Development
Subject: Quality Jobs Program Analyst: Greg Albrecht
ECONOMIC DEVELOPMENT EN NO IMPACT GF RV See Note Page 1 of 1
Provides for an extension of the application deadline for the Quality Jobs Program. (Item #18) (7/1/20)
Present law allows ten years of payroll subsidy to qualifying firms of 4% or 6% of participating payroll depending on hourly
wage, as well as a choice of a sales tax rebate on qualifying expenditures or a refundable credit of 1.5% of qualifying capital
expenditures. Firms are required to offer a healthcare benefit that meets federally mandated requirements. Applications for
the program shall be filed within 24 months of the filing of the advance notification.
Proposed law allows businesses to request a 30-day extension of time in which to file its application, so long as such request
is received by LED no later than the application filing deadline.
Effective July 1, 2020.
EXPENDITURES 2020-21 2021-22 2022-23 2023-24 2024-25 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
REVENUES 2020-21 2021-22 2022-23 2023-24 2024-25 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
EXPENDITURE EXPLANATION
There is no anticipated direct material effect on governmental expenditures as a result of this measure.
REVENUE EXPLANATION
There is no anticipated direct material effect on governmental revenues as a result of this measure. The bill provides the
opportunity for firms to request a 30-day extension to file their completed application. This is not expected to materially
effect the program, as applicants would have already filed an advance notification for the program as early as 24-months
prior to the application filing deadline.
Senate Dual Referral Rules House
13.5.1 >= $100,000 Annual Fiscal Cost {S & H} 6.8(F)(1) >= $100,000 SGF Fiscal Cost {H & S}
Evan Brasseaux
13.5.2 >= $500,000 Annual Tax or Fee 6.8(G) >= $500,000 Tax or Fee Increase
Change {S & H} Staff Director
or a Net Fee Decrease {S}


Statutes affected:
SB26 Original: 51:2453(2)