LEGISLATIVE FISCAL OFFICE
Fiscal Note
Fiscal Note On: SR 168 SLS 22RS 4040
Bill Text Version: ENROLLED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: June 6, 2022 1:47 PM Author: JACKSON
Dept./Agy.: Department of Economic Development
Subject: Requests Study of Government Benefits for Small Business Analyst: Prashant Sastry
TAX/TAXATION EN NO IMPACT See Note Page 1 of 1
Requests the Department of Economic Development to study Louisiana's tax expenditures, government programs, and
grants to determine which programs provide the greatest benefit and assistance to Louisiana-owned small businesses.
Proposed resolution requests the Department of Economic Development, in consultation with the Department of Revenue, to
study Louisiana’s government programs, grants, and tax expenditures to determine which tax expenditures and state
programs provide the greatest benefit and assistance to Louisiana-owned small businesses.
EXPENDITURES 2022-23 2023-24 2024-25 2025-26 2026-27 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 2022-23 2023-24 2024-25 2025-26 2026-27 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. Louisiana Economic
Development (LED) and the Department of Revenue both report that they will be able to absorb the workload within its
existing operations and that it will not require any additional funds.
REVENUE EXPLANATION
There is no anticipated direct material effect on governmental revenues as a result of this measure.
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} or a Net Fee Decrease {S} Interim Deputy Fiscal Officer