Louisiana 2015 2015 Regular Session

Louisiana House Bill HCR71 Introduced / Bill

                    HLS 15RS-834	ORIGINAL
2015 Regular Session
HOUSE CONCURRENT RESOL UTION NO. 71
BY REPRESENTATIVE FANNIN
TAX/INCOME TAX:  Suspends all individual income tax exclusions, exemptions,
deductions, and 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 exclusions, exemptions, deductions, and credits allowed
4 against the individual income tax.
5 WHEREAS, whenever the condition of the state fisc permits, the Legislature of
6Louisiana has attempted to afford tax relief to its citizenry in the form of various exclusions,
7exemptions, deductions, and credits from the state tax levied on individual income; and
8 WHEREAS, the financial condition of the state at this present time is such that
9monies lost due to these exclusions, exemptions, deductions, and credits are critically 
10needed to avoid the elimination of vital state services to the citizens of the state.
11 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana hereby suspends
12all laws or portions of laws in the Louisiana Revised Statutes of 1950 that provide for an
13exclusion, exemption, deduction, or credit against the individual income tax levied pursuant
14to Chapter 1 of Subtitle II of Title 47 of the Louisiana Revised Statutes of 1950.
15 BE IT FURTHER RESOLVED that this suspension shall become effective upon
16adoption of this Resolution and shall extend through the sixtieth day after final adjournment
17of the 2016 Regular Session of the Legislature of Louisiana.
Page 1 of 2 HLS 15RS-834	ORIGINAL
HCR NO. 71
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 71 Original 2015 Regular Session	Fannin
Suspends all exclusions, exemptions, deductions, and credits allowed against the individual 
income tax until 60 days after final adjournment of the 2016 R.S.
(Suspends all exclusions, exemptions, deductions, and credits allowed against the individual
income tax.)
Page 2 of 2