GREEN SHEET REDIGEST
HB 80 2016 First Extraordinary Session Stokes
(KEYWORD, SUMMARY, AND DIGEST as amended by Senate committee
amendments)
TAX/INCOME TAX: Repeals the state income tax deduction for federal income taxes
paid for purposes of calculating individual and corporate income taxes (Item #17)
DIGEST
Present constitution and present law authorize a state deduction for federal income taxes paid
for purposes of computing income taxes for the same period.
Proposed law repeals the state deduction for federal income taxes paid.
The provisions of Section 1 and 2 shall be applicable for all taxable periods beginning on or
after Jan. 1, 2017.
The Act which originated as House Bill No. 31 of the 2016 First E.S. of the Legislature is
hereby repealed in its entirety, the amendment to the constitution proposed in that Act is
hereby withdrawn, and the secretary of state shall not print the proposition contained therein
on the ballot of the statewide election to be held on November 8, 2016.
Sections 3 and 5 of this Act shall become effective upon signature by the governor or, if not
signed by the governor, upon expiration of the time for bills to become law without signature
by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
vetoed by the governor and subsequently approved by the legislature, this Act shall become
effective on the day following such approval.
Section 1, 2, 4, and 6 of this Act shall become effective January 1, 2017, if the proposed
amendment of Article VII of the Constitution of La. contained in the Act which originated
as House Bill No. 76 of this First E.S. of 2016 of the Legislature is adopted at a statewide
election and becomes effective.
(Amends R.S. 47:241, 287.69, 293(10), 300.6(A), and 300.7(A); Repeals R.S. 47:55(5),
287.79, 287.83, 287.85, 287.442(B)(1), 293(4) and (9)(a)(ii), 296.1(B)(3)(c), and 298)
Summary of Amendments Adopted by House
The House Floor Amendments to the engrossed bill:
1. Add an effective date of January 1, 2017.
2. Technical amendments.
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Revenue and Fiscal Affairs
to the reengrossed bill
1. Makes technical changes regarding effective dates.
2. Removes the proposition to amend the constitution proposed in HB31 of the
2016 F.S. of the Legislature from the November 8, 2016 election ballot.
3. Provides for effective date if the proposed constitutional amendment in HB76 is
approved by the voters.
Page 1 of 1
Prepared by James Benton.