Louisiana 2020 2020 Regular Session

Louisiana House Bill HCR66 Comm Sub / Analysis

                    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 66 Original	2020 Regular Session	Bishop
Suspends the state corporation franchise tax levied on domestic and foreign corporations  and the
initial tax levied on corporations or other entities for the first accounting period in which the entity
becomes subject to the corporation franchise tax.
(Suspends R.S. 47:601(A) and 611(A))