Louisiana 2011 Regular Session

Louisiana Senate Bill SB259

Introduced
5/4/11  
Refer
5/4/11  
Report Pass
5/16/11  
Refer
5/25/11  
Report Pass
6/2/11  
Engrossed
6/8/11  
Refer
6/9/11  

Caption

Creates a state commission (SCORE) to submit a written plan by January 6, 2012, to reduce and eliminate state income taxes, recommend budget reduction actions, and reduce or eliminate tax benefits; provides that if a concurrent resolution containing the plan is adopted, then the phase-out of income tax over 10 calendar years begins and the governor and the commissioner of administration are directed to take certain budget reduction actions and submit budget reduction legislation. (See Act) (RR1 +$120,000,000 GF RV See Note)

Companion Bills

No companion bills found.

Previously Filed As

LA HB424

Phases-out the taxes levied on the income of individuals and estates and trusts and reduces the amount of exemptions, deductions, and credits that may be claimed to reduce income tax liability (OR DECREASE GF RV See Note)

LA HB626

Reduces the rate for corporate income tax and repeals corporate franchise taxes and federal deductions allowed on net state corporate income tax (OR -$79,000,000 GF RV See Note)

LA HB475

Phases-out the taxes levied on the income of individuals and estates and trusts and reduces the amount of exemptions, deductions, and credits that may be claimed to reduce income tax liability (EG DECREASE GF RV See Note)

LA HB21

Reduces the amount of certain corporate income tax deductions and provides for continued effectiveness of reductions to certain corporate income tax deductions and exclusions (Item #4) (OR +$16,500,000 GF RV See Note)

LA HB13

Reduces the amount of certain corporate income tax deductions and provides for continued effectiveness of reductions to certain corporate income tax deductions and exclusions (Item #16) (EN NO IMPACT GF RV See Note)

LA HB520

Phases-out the corporation income and franchise taxes and reduces the amount of exemptions, deductions, and credits that may be claimed to reduce corporate income and franchise tax liability (OR DECREASE GF RV See Note)

LA HB22

Reduces the amount of certain corporate income tax deductions and provides for continued effectiveness of reductions to certain corporate income tax deductions and exclusions (Item #4) (EG +$16,500,000 GF RV See Note)

LA HB363

Phases-out the corporation income and franchise taxes and reduces the amount of exemptions, deductions, and credits that may be claimed to reduce corporate income and franchise tax liability (OR -$644,000,000 RV See Note)

LA SB302

Phases down the highest corporate income tax rates (5% to 8%) to 4% over a four-year period starting for tax years beginning in 2013. (gov sig) (OR -$207,000,000 GF RV See Note)

LA HB278

Reduces the tax rates for purposes of calculating individual income tax liability and calculating the tax liability of estates and trusts and eliminates and modifies certain income tax deductions (EN -$600,000 GF RV See Note)

Similar Bills

LA SB260

Provides for the organization of the Office of Group Benefits. (1/1/16) (EN SEE FISC NOTE SG EX See Note)

LA HB1173

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LA SB214

Create the office of port development within the Department of Economic Development and create a port development advisory committee. (gov sig) (EN INCREASE GF EX See Note)

LA HB549

Establishes the MediFund for statewide advancement of biosciences, biomedical, and medical centers of excellence (REF INCREASE GF EX See Note)

LA HB585

Provides relative to economic development (EN +$1,100,000 GF EX See Note)

LA HB156

Provides relative to boards and commissions (EN SEE FISC NOTE GF EX See Note)

LA SB324

Raises the age for consideration as a juvenile in the criminal justice system and creates the Louisiana Juvenile Jurisdiction Planning and Implementation Committee. (gov sig) (EN INCREASE GF EX See Note)

LA HB875

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