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 610 Engrossed 2023 Regular Session Jenkins
Abstract: For purposes of computing individual income tax, increases the tax-exempt amount of
annual retirement income from $6,000 to $10,000.
Present law provides that $6,000 of annual retirement income received by an individual 65 years of
age or older shall be exempt from state income taxation. Defines "annual retirement income", for
purposes of present law, as pension and annuity income which is included in tax table income
pursuant to present law (R.S. 47:293).
Proposed law increases the amount of annual retirement income that is exempt from individual
income tax from $6,000 to $10,000.
Proposed law applies to taxable periods beginning on or after Jan. 1, 2023.
Effective upon signature of governor or lapse of time for gubernatorial action.
(Amends R.S. 47:44.1(A))