DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 244 Engrossed 2015 Regular Session Foil
Abstract: Extends the Angel Investor Tax Credit Program from July 1, 2015, to July 1, 2019.
Present law establishes the Angel Investor Tax Credit Program and authorizes a tax credit for certain
investments in a La. entrepreneurial business.
Present law provides for the sunset of the program on July 1, 2015.
Proposed law extends the sunset of the program from July 1, 2015, to July 1, 2019.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends ยง3 of Act No. 414 of the 2011 R.S.)