HLS 15RS-1041 ORIGINAL
2015 Regular Session
HOUSE BILL NO. 630
BY REPRESENTATIVE HARRIS
TAX/INCOME-INDIV/CREDIT: Repeals the individual income tax credit for income taxes
paid to other states
1 AN ACT
2To repeal R.S. 47:33, relative to the individual income tax credit for net income taxes paid
3 to other states by resident taxpayers.
4Be it enacted by the Legislature of Louisiana:
5 Section 1. R.S. 47:33 is hereby repealed in its entirety.
6 Section 2. This Act shall become effective on July 1, 2015, and shall be applicable
7to all taxable periods beginning on and after such date; if vetoed by the governor and
8subsequently approved by the legislature, this Act shall become effective on July 1, 2015,
9or on the day following such approval by the legislature, whichever is later.
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 630 Original 2015 Regular Session Harris
Abstract: Repeals the individual income tax credit for income taxes paid to other states.
Present law provides for an income tax credit for the net income taxes paid by a resident
taxpayer to another state on income that is taxable under its law, irrespective of the residence
or domicile of the taxpayer.
Proposed law repeals present law.
Effective July 1, 2015, and shall be applicable to all taxable periods beginning on and after
July 1, 2015.
(Repeals R.S. 47:33)
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