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 133 Original 2025 Regular Session Willard
Abstract: Increases the amount of the state earned income tax credit from 5% to 10% of the
amount of the taxpayer's federal earned income tax credit through tax year 2030.
Present law provides for an individual income tax credit based on the taxpayer's federal earned
income tax credit authorized under Section 32 of the Internal Revenue Code. The amount of the
credit is 5% of the amount of the taxpayer's federal earned income tax credit through Dec. 31, 2030.
Beginning Jan. 1, 2031, the amount of the credit is 3.5% of the amount of the taxpayer's federal
earned income tax credit.
Proposed law retains present law but increases the amount of the state credit from 5% to 10% of the
amount of the taxpayer's federal earned income tax credit through tax year 2030.
Present law provides that if the credit amount exceeds the taxpayer's tax liability for the taxable year,
the excess credit amount shall constitute an overpayment and shall be refunded to the taxpayer from
the current collections of the taxes imposed under present law.
Proposed law retains present law.
Proposed law applicable for tax years beginning on or after Jan. 1, 2026.
Effective Jan. 1, 2026.
(Amends R.S. 47:297.8(A)(2))