Louisiana State House 2013 Session – HB 563-572

by Courtney C Horne @FireezDragon

I am posting summaries of the Louisiana state bills in simple, easy to understand language.

This post covers House Bills 563- 572

House Bill 563 (HB563)– (Thibaut) This bill amends the research and development tax credit to require further documentation, require detailed examinations of some applications, shifts burden of proof of eligibility on to applicants, and requires the dept to disallow any applications not supported by documentation.

House Bill 564 (HB564)– (Jim Morris) This bill covers legal conflicts over royalties between drilling owners and nonparticipating owners of drilling rigs and how judicial disputes between such may be settled.

House Bill 565 (HB565)- (P Williams) This bill allows for the Dept of Revenue to use an electronic financial institute data match system, in cooperation with financial institutes,  to enforce tax collection from tax debtors.

House Bill 566 (HB566)– (Dixon) Allows the state to enter into reciprocal agreements with other states  or the US govt which facilitate recovery of overpaid benefits.

House Bill 567 (HB567)– (Ponti) Creates regulations to govern and require the registration of debt management and debt settlement services in the state (to be governed through the state attorney general office). Repeals the current law prohibiting debt adjusting when conducted for profit and the current law regulating financial planning and management services though the director of occupational standards.

House Bill 568 (HB568)– (G Jackson)  Creates the Louisiana Sales and Use Tax Commission to administer and collect state and local use and sales tax on remote sellers. This commission is designed to make Louisiana able to collect sales tax from online sellers through simplification required by the federal Marketplace Fairness Act of 2013  (if it passes) or another similar law.

House Bill 569 (HB569)– (Terry Brown) Allows for physical therapy treatment without requiring a prescription or referral (one of which is currently required). Prescriptions or referrals would still be required for some insurance coverage requirements – such as worker’s comp.

House Bill 570 (HB570)– (G Jackson) Creates a tax credit for businesses that sell fresh produces in food deserts. (as designated by the dept of agriculture)

House Bill 571 (HB571)- (Robideaux) This is a tax rebate system related to the Jindal tax swap plan. Because without income tax, income tax credits can’t be used as incentives- a rebate plan would be put into place. The 100+ page bill creates these rebate systems (1) Family Assistance Rebate Program (2) Rebate Program for Assistance for Retirees and Military (3) Rebate for local inventory taxes (4) Rebate for taxes paid with respect to vessels in Outer Continental Shelf Lands Act Waters (5) Rebates for motion picture investors (6) Rebate for property taxes paid by certain telephone companies. (7) Rehabilitation of Historic Structures Rebate (8) School Readiness Child Care Expense Program. (9) Research and Development Rebate. (10) Angel Investor Rebate Program. (11) Digital interactive media and software. (12) Sound recording investor rebate. (13) Musical and theatrical productions rebate. (14) Ports of Louisiana rebates.

It is beyond the scope of this particular project to get in to all 14 of these rebate systems individually. However I think it is important to note that the family assistance rebate program – the one for low income families- gives no indication of what qualifying incomes may be and puts the rebate system in the hands of the dept of children and family services rather than revenue. On the other hand, the program for retirees and military includes income thresh-holds and is administered by the dept of revenue. Also, the adjustments for cost of living changes are required for the program for the elderly but only allowed for the low income family program. This tax swap is super bad for the poor and this undefined rebate does little to nothing to reassure me.

House Bill 572 (HB572)- (W Bishop) Renames the Fatherhood Initiative system the Fatherhood First Initiative. Adds an objective to promote public education on substance abuse and addiction, anger management and conflict resolution, fiscal awareness and financial literacy, parenting skills, child developments, and family studies to the program. Establishes a council to help achieve the goals of the initiative.