SLS 19RS-291 ENGROSSED
2019 Regular Session
SENATE BILL NO. 235
BY SENATOR MORRELL
TAX/TAXATION. Repeals unused tax credits. (gov sig)
1 AN ACT
2 To amend and reenact R.S. 46:449(D) and to repeal R.S. 46:449(E), R.S. 47:297(F), 6004,
3 and 6009, relative to tax credits; to repeal unused tax credits; to provide for an
4 effective date; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 46:449(D) is hereby amended and reenacted to read as follows:
7 ยง449. Family responsibility program
8 * * *
9 D. Any person making a contribution pursuant to this Section shall be entitled
10 to a tax credit as provided in R.S. 47:297(F), provided that they have executed the
11 necessary written agreement with the department.
12 E. The secretary of the department shall have the authority to promulgate
13 rules and regulations necessary to administer the provisions of this Section. All such
14 regulations shall be subject to the provisions of the Administrative Procedure Act.
15 Section 2. R.S. 46:449(E), R.S. 47:297(F), 6004, and 6009 are hereby repealed.
16 Section 3. The provisions of this Act shall be applicable to income tax periods
17 beginning on or after January 1, 2019, and corporation franchise tax periods beginning on
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 235
SLS 19RS-291 ENGROSSED
1 or after January 1, 2020.
2 Section 4. This Act shall become effective upon signature by the governor or, if not
3 signed by the governor, upon expiration of the time for bills to become law without signature
4 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If
5 vetoed by the governor and subsequently approved by the legislature, this Act shall become
6 effective on the day following such approval.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Leonore Heavey.
DIGEST
SB 235 Engrossed 2019 Regular Session Morrell
Present law provides for the following tax credits:
(1)Family responsibility tax credit, R.S. 46:449(D) and 47:297(F).
(2)Employer credit for employment of previously unemployed, R.S. 47:6004.
(3)Louisiana Basic Skills Training Tax Credit, R.S. 47:6009.
Proposed law repeals these tax credits for all income tax periods beginning on or after
Jan. 1, 2019 and corporation franchise tax periods beginning on or after Jan. 1, 2020.
Effective upon signature of the governor or lapse of time for gubernatorial action.
(Amends R.S. 46:449(D); repeals R.S. 46:449(E), R.S. 47:297(F), 6004, and 6009)
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Revenue and Fiscal
Affairs to the original bill
1. Makes technical changes to effective tax periods.
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.