HLS 15RS-1350 ORIGINAL
2015 Regular Session
HOUSE CONCURRENT RESOL UTION NO. 55
BY REPRESENTATIVE MONTOUCET
TAX/INCOME TAX: Suspends income and corporate franchise tax credits
1 A CONCURRENT RESOL UTION
2To suspend until sixty days after final adjournment of the 2016 Regular Session of the
3 Legislature of Louisiana all income and corporation franchise tax credits.
4 WHEREAS, whenever the condition of the state fisc permits, the Legislature of
5Louisiana has attempted to afford tax relief to its citizenry in the form of various exemptions
6from the sales and use tax; and
7 WHEREAS, the financial condition of the state is such that monies lost due to these
8exemptions are critically needed to avoid cessation of vital services to the citizens of the
9state.
10 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana hereby suspends
11R.S. 25:1226.4, R.S. 47:34, 35, 37, 227, 265, 287.664, 287.748, 287.749, 287.752, 287.753,
12287.755, 287.758, 287.759, 297, 297.2, 297.4, 297.6, 297.8, 297.9, 6004, 6005, 6006,
136006.1, 6007, 6008, 6009, 6012, 6013, 6014, 6015, 6016.1, 6017, 6018, 6019, 6020, 6022,
146023, 6025, 6026, 6030, 6032, 6034, 6035, 6036, 6037, 6104, 6105, 6106, and 6107, and
15R.S. 51:1787(A)(1)(b) and (2), 1807, 1924, 2354, 2399.3, and 3085 that provide for a credit
16against the income tax and the corporation franchise tax levied pursuant to Chapter 1 and
17Chapter 5 of Subtitle II of Title 47 of the Louisiana Revised Statutes of 1950.
18 BE IT FURTHER RESOLVED that this suspension shall become effective upon
19adoption of this Resolution and shall extend through the sixtieth day after final adjournment
20of the 2016 Regular Session of the Legislature of Louisiana.
Page 1 of 2 HLS 15RS-1350 ORIGINAL
HCR NO. 55
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)]
HCR 55 Original 2015 Regular Session Montoucet
Suspends all credits allowed against the income tax and the corporation franchise tax until
60 days after final adjournment of the 2016 R.S.
(Suspends R.S. 25:1226.4, R.S. 47:34, 35, 37, 227, 265, 287.664, 287.748, 287.749, 287.752,
287.753, 287.755, 287.758, 287.759, 297, 297.2, 297.4, 297.6, 297.8, 297.9, 6004, 6005,
6006, 6006.1, 6007, 6008, 6009, 6012, 6013, 6014, 6015, 6016.1, 6017, 6018, 6019, 6020,
6022, 6023, 6025, 6026, 6030, 6032, 6034, 6035, 6036, 6037, 6104, 6105, 6106, and 6107,
and R.S. 51:1787(A)(1)(b) and (2), 1807, 1924, 2354, 2399.3, and 3085)
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