§ 47:305.11 — Exclusions and exemptions; contracts prior to and within ninety days of tax levy

Louisiana § 47:305.11

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§305.11. Exclusions and exemptions; contracts prior to and within ninety days of tax levy
A. No new or additional sales or use tax shall be applicable to sales of materials or
services involved in lump sum, unit price, fixed fee, or guaranteed maximum price
construction contracts entered into and reduced to writing prior to the effective date of the
statute or ordinance levying same or to sales or services involved in such contracts entered
into and reduced to writing within ninety days thereafter, if such contracts involve
contractual obligations undertaken prior to such effective date and were computed and bid
on the basis of sales taxes at the rates effective and existing prior to such effective date.
B. This Section shall apply to sales and use taxes now or hereafter levied by the state
of Louisiana or by any parish, municipality or other political subdivision thereof, whether
such levy is under authority of general or special laws of the state or under powers granted
in local charters or under any other authority or grant of the power to levy and collect sales
or use taxes.

Legislative History

Added by Acts 1970, No. 7, §1. H.C.R. No. 55, 1986 R.S.; Acts 2017, No. 209, §1, eff. June 14, 2017.