7/11/07-Gov. Kathleen Blanco signed a bill into law clarifying the sales and use tax exemption for certain trucks and trailers.
Louisiana law already exempts from sales and use tax trailers and trucks with a gross weight of at least 26,000 pounds as long as they are used at least 80 percent of the time in interstate commerce and subject to the jurisdiction of the U.S. Department of Transportation.
The new law, previously HB240, establishes a set of criteria for determining eligibility for tax exemption for a subset of the trucks and trailers covered by the current tax exemption. It applies the new criteria to trucks weighing at least 80,000 pounds.
A requirement has been added that the determination of whether a truck is used at least 80 percent of the time in interstate commerce be based solely on the actual mileage of the truck. It mandates that no truck weighing less than 80,000 pounds have more than 20 percent of its miles run within the state.
The new law already is in effect.
6/27/07-The House unanimously approved Senate changes to a bill that is intended to clarify the sales and use tax exemption for certain trucks and trailers. It now heads to Gov. Kathleen Blanco's desk for her signature.
State law now exempts from sales and use tax trailers and trucks with a gross weight of at least 26,000 pounds as long as they are used at least 80 percent of the time in interstate commerce and subject to the jurisdiction of the U.S. Department of Transportation.
Sponsored by Rep. Taylor Townsend, D-Natchitoches, HB240 would establish a set of criteria for determining eligibility for tax exemption for a subset of the trucks and trailers covered by the current tax exemption. It now heads to the full Senate for further consideration. House lawmakers already approved it by unanimous consent.
It also adds a requirement that the determination of whether a truck is used at least 80 percent of the time in interstate commerce be based solely on the actual mileage of the truck. It would mandate that no truck weighing less than 80,000 pounds have more than 20 percent of its miles run within the state.
For bill status, call (225) 342-2456. In Louisiana, call 1-800-256-3793.
6/25/07-The Senate unanimously approved a bill intended to clarify the sales and use tax exemption for certain trucks and trailers. It now heads back to the House for approval of changes before moving to Gov. Kathleen Blanco's desk for her signature.
State law now exempts from sales and use tax trailers and trucks with a gross weight of at least 26,000 pounds as long as they are used at least 80 percent of the time in interstate commerce and subject to the jurisdiction of the U.S. Department of Transportation.
Sponsored by Rep. Taylor Townsend, D-Natchitoches, HB240 would establish a set of criteria for determining eligibility for tax exemption for a subset of the trucks and trailers covered by the current tax exemption. It now heads to the full Senate for further consideration. House lawmakers already approved it by unanimous consent.
It also adds a requirement that the determination of whether a truck is used at least 80 percent of the time in interstate commerce be based solely on the actual mileage of the truck. It would mandate that no truck weighing less than 80,000 pounds have more than 20 percent of its miles run within the state.
For bill status, call (225) 342-2456. In Louisiana, call 1-800-256-3793.
6/20/07-The Senate Revenue and Fiscal Affairs Committee approved a bill intended to clarify the sales and use tax exemption for certain trucks and trailers.
State law now exempts from sales and use tax trailers and trucks with a gross weight of at least 26,000 pounds as long as they are used at least 80 percent of the time in interstate commerce and subject to the jurisdiction of the U.S. Department of Transportation.
Sponsored by Rep. Taylor Townsend, D-Natchitoches, HB240 would establish a set of criteria for determining eligibility for tax exemption for a subset of the trucks and trailers covered by the current tax exemption. It now heads to the full Senate for further consideration. House lawmakers already approved it by unanimous consent.
The bill would apply the new criteria to trucks weighing at least 80,000 pounds.
It also adds a requirement that the determination of whether a truck is used at least 80 percent of the time in interstate commerce be based solely on the actual mileage of the truck. It would mandate that no truck weighing less than 80,000 pounds have more than 20 percent of its miles run within the state.
For bill status, call (225) 342-2456. In Louisiana, call 1-800-256-3793.
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