Loading chat...
LA HB490
Bill
Status
4/4/2025
Primary Sponsor
Jack McFarland
Click for details
AI Summary
-
Extends Louisiana's existing state and local sales tax exemption for government entities to include purchases made by general contractors and subcontractors working on public construction projects
-
Currently, state and local governments, parishes, cities, municipalities, political subdivisions, and government agencies/boards/commissions are exempt from all sales and use taxes
-
Under the proposed change, materials and supplies purchased by private contractors for government construction contracts would also be tax-exempt
-
Applies to construction contracts for state and local governments as well as any agency, board, commission, or instrumentality of the state or its political subdivisions
-
Amends R.S. 47:305.7(A)(1) to add the contractor exemption as a new subparagraph
Legislative Description
Provides for the sales and use tax exemption for certain public entities (OR DECREASE GF RV See Note)
TAX/SALES & USE
Last Action
Read by title, under the rules, referred to the Committee on Ways and Means.
4/14/2025