HLS 162ES-61 ORIGINAL
2016 Second Extraordinary Session
HOUSE BILL NO. 38
BY REPRESENTATIVE WHITE
TAX/INCOME TAX: Reduces the amount of the individual income tax deduction for
excess federal itemized personal deductions (Item #42)
1 AN ACT
2To amend and reenact R.S. 47:293(3), relative to the individual income tax; to provide with
3 respect to the deduction for excess federal itemized personal deductions; to reduce
4 the amount of the deduction; to provide for applicability; to provide for an effective
5 date; and to provide for related matters.
6Be it enacted by the Legislature of Louisiana:
7 Section 1. R.S. 47:293(3) is hereby amended and reenacted to read as follows:
8 ยง293. Definitions
9 The following definitions shall apply throughout this Part, unless the context
10 requires otherwise:
11 * * *
12 (3) "Excess federal itemized personal deductions" for the purposes of this
13 Part, means the following percentages fifty-seven and one-half percent of the amount
14 by which the federal itemized personal deductions exceed the amount of federal
15 standard deductions which is designated for the filing status used for the taxable
16 period on the individual income tax return required to be filed:.
17 (a) For tax years beginning during calendar year 2007, fifty-seven and one
18 half percent of such excess federal itemized personal deductions.
19 (b) For tax years beginning during calendar year 2008, sixty-five percent of
20 such excess federal itemized personal deductions.
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 162ES-61 ORIGINAL
HB NO. 38
1 (c) For all tax years beginning on and after January 1, 2009, one hundred
2 percent of such excess federal itemized personal deductions.
3 * * *
4 Section 2. The provisions of this Act shall be applicable to all tax years beginning
5on and after January 1, 2016.
6 Section 3. This Act shall become effective upon signature by the governor or, if not
7signed by the governor, upon expiration of the time for bills to become law without signature
8by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
9vetoed by the governor and subsequently approved by the legislature, this Act shall become
10effective on the day following such approval.
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 38 Original 2016 Second Extraordinary Session White
Abstract: Reduces the amount of the individual income tax deduction for excess federal
itemized personal deductions from 100% to 57.5% for all tax years beginning on and
after Jan. 1, 2016.
Present law authorizes a deduction from individual income taxes for excess federal itemized
personal deductions. Excess federal itemized personal deductions is defined to mean 100%
of the amount by which the federal itemized personal deductions exceed the amount of
federal standard deduction designated for the filing status used for the taxable period on the
individual income tax return.
Proposed law reduces the amount of the deduction from 100% to 57.5% for all tax years
beginning on and after Jan. 1, 2016.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends R.S. 47:293(3))
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.