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HB 26 - Establishes Sales Tax Holiday to Provide Relief for Recovery - Louisiana Key Vote

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Title: Establishes Sales Tax Holiday to Provide Relief for Recovery

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Title: Establishes Sales Tax Holiday to Provide Relief for Recovery

Vote Smart's Synopsis:

Vote to concur with Senate amendments and pass a bill that establishes a sales tax holiday to provide relief for recovery.

Highlights:

 

  • Specifies that the sales and use tax levied by the state of Louisiana will not apply to the first $2,500 of the sales price or cost price of any consumer purchases of tangible personal property that occurs on Friday, November 20, 2020, and Saturday, November 21, 2020, in order to provide tax relief for citizens recovering from Hurricane Laura, Hurricane Delta, and the COVID-19 pandemic (Sec. 1).

  • Defines “consumer purchases” as purchases of tangible personal property other than vehicles subject to license and title and specifies that it does not include the purchase of meals (Sec. 1).

Title: Establishes Sales Tax Holiday to Provide Relief for Recovery

Title: Establishes Sales Tax Holiday to Provide Relief for Recovery

Title: Establishes Sales Tax Holiday to Provide Relief for Recovery

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