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LouisianaHB 6182026 Regular SessionHouseWALLET

ECONOMIC DEVELOP/DEPT: Increases certain fees assessed by Louisiana Economic Development (EN +$500,000 SG RV See Note)

Sponsored By: Dixon Wallace McMakin (Republican)

Signed by Governor

Commerce, Consumer Protection and International AffairsCommerce

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 1 benefits, 3 costs, 0 mixed.

Higher fees for Louisiana business incentive programs

Beginning January 1, 2027, Louisiana Economic Development raises several program fee limits. The advance-notice fee cap rises from $250 to $350. Application fees equal 0.5% of incentives or exempted taxes, with a $650 minimum and $20,000 maximum. Those limits rise from $500 and $15,000. The loan-guaranty fee cap rises from 4% to 5.5% of the guaranteed loan. Final-cost, project-completion, annual certification, and contract-amendment fee caps rise from $250 to $350. Annual certifications include compliance and payroll reports; amendments include transfers and name changes. The contract-renewal cap rises from $250 to $650. General statutory verification-report fees cannot exceed actual costs, with contracted services capped at $350 an hour, up from $250. Employee work is charged based on salary and benefits. Special administrative documents, including revised or reissued certification or rebate letters, can cost up to $350. Money collected under this fee schedule must pay only for department program administration.

Higher verification costs for business tax credits

Beginning January 1, 2027, tax-credit applicants pay the actual cost of required independent verification reports. The contract-services rate cap rises from $225 to $325 an hour, and the former $25,000 total fee cap is removed. Reports prepared by department-employed certified public accountants remain charged based on their share of salary and benefits. When program laws or rules require an upfront deposit, its maximum rises from $15,000 to $20,000. Accountants performing these reports must have an active license in good standing and a current Louisiana accounting firm permit.

Fee relief option for small businesses

Beginning January 1, 2027, Louisiana's economic development secretary can reduce or waive fees for small businesses. The fees must cause financial hardship and be too high compared with the benefits received. The secretary must also find that relief serves the state's best interest. A reduction or waiver is not guaranteed.

New oversight for Louisiana development property deals

Beginning January 1, 2027, covered development property leases, subleases, and sales require the Louisiana commissioner of administration's approval. These transactions must be reported annually to the Joint Legislative Committee on the Budget. The committee also has annual oversight of the purchase process.

Sponsors & Cosponsors

Sponsor

  • Dixon Wallace McMakin

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 247 • No: 0

House vote • 5/27/2026

Read by title, roll called, yeas 98, nays 0. The Senate amendments, having received two-thirds vote of the elected members, were concurred in.

Yes: 98 • No: 0

Senate vote • 5/20/2026

Rules suspended. The amended bill was read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

Yes: 36 • No: 0

House vote • 3/18/2026

Read third time by title, roll called on final passage, yeas 98, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.

Yes: 98 • No: 0

House vote • 3/11/2026

Reported with amendments

Yes: 15 • No: 0

Actions Timeline

  1. Signed by the Governor. Becomes Act No. 657.

    6/1/2026House

  2. Effective date: 01/01/2027.

    6/1/2026House

  3. Sent to the Governor for executive approval.

    5/29/2026House

  4. Enrolled and signed by the Speaker of the House.

    5/28/2026House

  5. Signed by the President of the Senate.

    5/28/2026Senate

  6. Read by title, roll called, yeas 98, nays 0. The Senate amendments, having received two-thirds vote of the elected members, were concurred in.

    5/27/2026House

  7. Scheduled for concurrence on 05/27/2026.

    5/26/2026House

  8. Received from the Senate with amendments.

    5/25/2026House

  9. Rules suspended. The amended bill was read by title, passed by a vote of 36 yeas and 0 nays, and ordered returned to the House. Motion to reconsider tabled.

    5/20/2026Senate

  10. Reported without Legislative Bureau amendments. Read by title and passed to third reading and final passage.

    5/13/2026Senate

  11. Read by title and referred to the Legislative Bureau.

    5/12/2026Senate

  12. Reported favorably.

    5/11/2026Senate

  13. Senate Committee amendments read and adopted.

    4/27/2026Senate

  14. Read by title. Recommitted to the Committee on Revenue and Fiscal Affairs.

    4/27/2026Senate

  15. Reported with amendments.

    4/22/2026Senate

  16. Read second time by title and referred to the Committee on Commerce, Consumer Protection and International Affairs.

    3/23/2026Senate

  17. Read third time by title, roll called on final passage, yeas 98, nays 0. The bill, having received two-thirds vote of the elected members, was finally passed, title adopted, ordered to the Senate.

    3/18/2026House

  18. Received in the Senate. Read first time by title and placed on the Calendar for a second reading.

    3/18/2026Senate

  19. Scheduled for floor debate on 03/18/2026.

    3/17/2026House

  20. Read by title, amended, ordered engrossed, passed to 3rd reading.

    3/16/2026House

  21. Reported with amendments (15-0).

    3/11/2026House

  22. Read by title, under the rules, referred to the Committee on Commerce.

    3/9/2026House

  23. First appeared in the Interim Calendar on 2/27/2026.

    2/27/2026House

  24. Prefiled.

    2/26/2026House

  25. Under the rules, provisionally referred to the Committee on Commerce.

    2/26/2026House

Bill Text

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