The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Leonore Heavey. DIGEST SB 2 Original 2018 First Extraordinary Session Morrell Present law provides that the deduction from state income taxes for federal income tax is the amount of federal income taxes paid less any federal income tax credits determined by the secretary of revenue to be disaster relief credits. Proposed law provides that for taxable years beginning on or after January 1, 2016, and before January 1, 2018, the federal income tax deduction from state income taxes allowed for individuals will not be reduced by the amount of net disaster losses deducted on the person's federal income tax return for the same tax period. Effective upon signature of the governor or lapse of time for gubernatorial action. (Adds R.S. 47:293(4)(d))