BATON ROUGE, La. - A bill exempting certain feminine hygiene products and diapers from Louisiana's sales tax was signed into law this week by Gov. John Bel Edwards.
The "pink tax" exemption defines feminine hygiene products as "tampons, menstrual pads, sanitary napkins, panty liners, menstrual sponges, and menstrual cups," including disposable and washable versions. It also exempts diapers, meaning "any absorbent diaper or undergarment used for incontinence in adults and any absorbent diaper or undergarment designed to be worn by a child who cannot yet control bladder or bowel movements."
Currently, Louisiana collects about $11 million in tax revenue annually on the products, according to The Advocate.
The legislation also provides for local taxing authorities to provide their own exemption to the products.
As of a February 2021 Forbes report, 30 states continued to tax feminine hygiene products; 15 total exempted the products from sales and use taxes.
House Bill 7 (Act 449),was authored by Representative Aimee Adatto Freeman of New Orleans and signed into law by Gov. Edwards on Thursday.
Act 449 can be read in its entirety here.
The Link LonkJune 28, 2021 at 07:04AM
https://ift.tt/3dmuOHL
Gov. Edwards signs bill exempting 'pink tax' on feminine hygiene products, diapers - KPVI News 6
https://ift.tt/2Comt7j
Diapers
According to the global Baby Diapers Market report published by Value Market Research, This is a tailored made research service providing informative data and various critical aspects of the market such as market outlook, market share, growth, and trends.
ReplyDelete