Bill > SB45

This bill creates tax exemptions for certain veterans and their spouses when purchasing motor vehicles, specifically exempting them from sales and use taxes and vehicle registration and license taxes. To qualify, veterans must be either honorably discharged or retired, and they (or their spouse) must purchase the vehicle within two years of separating from service or retiring. The exemption applies only to the first vehicle purchase after July 1, 2025, and does not cover commercial vehicles. Veterans must provide proof of eligibility as determined by rules from the Department of Revenue and the Department of Public Safety and Corrections. The exemption covers both the initial vehicle purchase and subsequent license plate registration, including personalized and military honor plates. The bill aims to provide financial relief to veterans by reducing the tax burden associated with purchasing and registering a personal vehicle, and it will take effect on July 1, 2025, applying to taxable periods beginning on or after that date.

Budget and Finance, Transportation and Infrastructure

https://www.legis.la.gov/legis/BillInfo.aspx?s=25rs&b=SB45&sbi=y