2025 Regular SessionLouisiana Legislature

HB365

Legislative Summary

Provides for an optional exemption of business inventory from ad valorem taxes and to authorize the reduction of the fair market value percentage of business inventory under certain circumstances (EG1 SEE FISC NOTE GF EX See Note)

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium Confidence

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Bill History

4/3/2025
Prefiled.
House of Representatives
4/3/2025
Under the rules, provisionally referred to the Committee on Ways and Means.
House of Representatives
4/14/2025
Read by title, under the rules, referred to the Committee on Ways and Means.
House of Representatives
4/15/2025
Reported favorably (13-0).
House of Representatives
4/16/2025
Read by title, ordered engrossed, passed to 3rd reading.
House of Representatives
4/23/2025
Scheduled for floor debate on 04/24/2025.
House of Representatives
4/24/2025
Read by title, returned to the calendar.
House of Representatives
4/24/2025
Notice given.
House of Representatives
4/24/2025
Scheduled for floor debate on 04/30/2025.
House of Representatives
4/30/2025
Called from the calendar.
House of Representatives
4/30/2025
Read by title, returned to the calendar.
House of Representatives
4/30/2025
Notice given.
House of Representatives
4/30/2025
Scheduled for floor debate on 05/06/2025.
House of Representatives
5/6/2025
Called from the calendar.
House of Representatives
5/6/2025
Read third time by title, roll called on final passage, yeas 93, nays 0. Finally passed, title adopted, ordered to the Senate.
House of Representatives
5/6/2025
Received in the Senate. Rules suspended. Read first time by title and placed on the Calendar for a second reading.
Senate
5/7/2025
Read second time by title and referred to the Committee on Revenue and Fiscal Affairs.
Senate
5/19/2025
Reported with amendments.
Senate
5/20/2025
Committee amendments read and adopted. Read by title and referred to the Legislative Bureau.
Senate
5/21/2025
Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.
Senate
5/29/2025
Rules suspended.
Senate
5/29/2025
Read by title and returned to the Calendar, subject to call.
Senate

Amendments

Senate Committee Amendment #1886 R&F Draft

Senate Committee Amendment #1886 R&F Draft

Not Adopted

Senate Committee Amendment #1914 R&F Proposed

Senate Committee Amendment #1914 R&F Proposed

Not Adopted

Roll Call Votes

House Vote on HB 365 FINAL PASSAGE (#194)
5/6/2025
93
Yea
0
Nay
0
Not Voting
11
Absent
Result: PASSED

Status Information

Current Status
Engrossed(5/6/2025)
Chamber
Senate

Sponsors

Republican: 2

Co-Sponsors (1)

Documents

Engrossed
Bill Text1/1/197064.8 KB
Introduced
Bill Text1/1/197064.2 KB
Fiscal Note
Fiscal Note1/1/1970199.3 KB
Analysis
Analysis1/1/197040.9 KB
Analysis
Analysis1/1/197041.0 KB
Fiscal Note
Fiscal Note1/1/1970198.8 KB
Fiscal Note
Fiscal Note1/1/1970198.2 KB
Analysis
Analysis1/1/197046.1 KB