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 117 Original 2019 Regular Session Stokes
Present law (R.S. 24:117(B)(2)) authorizes the legislature to express the intended meaning of a law
in a duly adopted concurrent resolution, by the same vote and, except for gubernatorial veto and time
limitations for introduction, according to the same procedures and formalities required for enactment
of that law.
Present law (R.S. 47:33(A)(7)) which was enacted pursuant to Act No. 6 of the 2018 2nd E.S. of the
Legislature provides for an individual income tax deduction for an individual partner, member, or
shareholder's proportionate share of an entity-level tax paid to another state that is based solely upon
net income included in the entity's federal taxable income without any capital component.
Proposed resolution expresses the intent of the legislature regarding Act No. 6 of the 2018 2nd E.S.
of the Legislature with respect to the tax credit for taxes paid to other states to allow the deduction
in R.S. 47:33(A)(7) to those taxpayers who were no longer eligible for the credit found in R.S.
47:33(A) because of the various restrictions in Act No. 109 of the 2015 R.S. of the Legislature. The
Legislature clarifies that it intends that the deduction found in R.S. 47:33(A)(7) shall be in lieu of
and not in addition to the credit found in R.S. 47:33(A), and that the credit and the deduction not be
allowed for the same taxes paid to another state for tax periods beginning on or after Jan. 1, 2018.
Requires a copy of the Resolution be transmitted to the secretary of the Dept. of Revenue.