Excludes amounts deposited into certain education savings accounts for tuition expenses for elementary and secondary schools from state income taxes (RE DECREASE GF RV See Note)
Levies a state tax on the net gaming proceeds of fantasy sports contests, and authorizes a fee for issuance of certain licenses or permits (RE2 +$346,500 SD EX See Note)
Reduces the amount of the rebate for the Competitive Projects Payroll Incentive Program and provide for continued effectiveness of reductions in the amount of certain rebates (Item #3) (EG +$11,000,000 GF RV See Note)
Compresses the middle and upper individual income tax brackets and reduces the amount of the individual income tax deduction for excess federal itemized personal deductions (Items # 1 and 6) (OR +$543,000,000 GF RV See Note)
Changes the middle and upper income tax brackets for purposes of calculating individual income tax and reduces the amount of the deduction for excess federal itemized personal deductions (Items #1 & 6) (OR +$543,000,000 GF RV See Note)
Suspends the .45% state sales and use tax levy imposed in R.S. 47:321.1 until 60 days after final adjournment of the 2020 R.S. (OR -$392,000,000 GF RV See Note)