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 14 Original 2018 First Extraordinary Session Leger
Abstract: Removes the three-year sunset provision of Act No. 109 of the 2015 R.S. relative to the
individual income tax credit for net taxes paid to other states.
Present law authorizes an individual income tax credit in an amount equal to income taxes paid for
the same taxable period to another state on income that is subject to La. tax if the other state
authorizes a similar credit.
Present law authorizes a credit for three years in an amount of the lesser of the actual amount of tax
paid to the other state or the amount of La. income tax that would have been imposed if the income
had been earned in La.
Present law provides for termination (sunset) in three years of those provisions of present law that
require the state to which income taxes were paid to authorize a similar credit and that the credit
amount be the lesser of the actual amount of tax paid to the other state or the amount of La. income
tax that would have been imposed if the income had been earned in La.
Proposed law repeals the termination provisions thereby providing for permanent effectiveness of
present law.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends §4 of Act No. 109 of 2015 R.S.; Repeals §2 of Act No. 109 of 2015 R.S.)