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Bill

SB 318

TAX EXEMPTIONS: Provides relative to tax exemption budget and return on investment reports published by the Department of Revenue. (gov sig) (EN INCREASE LF EX See Note)

2026 Regular Session Introduced by Mike Reese

Louisiana requires Department of Revenue to publish tax exemption budget and ROI reports for legislative transparency and oversight.

Effective date 5/16/2026.
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Bill Summary · SB 318

Legislative bill overview

SB 318 requires the Louisiana Department of Revenue to publish budget and return on investment (ROI) reports related to tax exemptions. The bill establishes reporting requirements for tax expenditures to provide transparency on how tax exemptions perform financially and what value they generate.

Why is this important

Tax exemptions represent foregone government revenue that could fund public services. Requiring ROI and budget reports helps legislators and the public understand whether exemptions deliver promised economic benefits or simply reduce state revenue without equivalent returns. This transparency is crucial for informed budget decisions.

Potential points of contention

  • Implementation costs: Creating detailed ROI analysis for all tax exemptions requires resources and methodology consensus; disagreement may exist over how to calculate returns
  • Industry protection: Businesses benefiting from exemptions may oppose transparent reporting that could lead to exemption elimination or modification
  • Statutory complexity: Louisiana's tax code includes numerous exemptions with different purposes (economic development, charitable, agricultural); one-size-fits-all reporting may oversimplify their varied impacts

Compiled from official sources — confirm details with the bill’s official record.

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