Louisiana 2021 Regular Session

Louisiana House Bill HB475

Introduced
4/2/21  
Refer
4/2/21  
Refer
4/12/21  
Report Pass
4/20/21  

Caption

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)

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 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 HB546

Reduces the rates and brackets for purposes of calculating individual income tax liability and the tax liability for estates and trusts and modifies certain income tax credits, exemptions, and deductions (OR +$172,000,000 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 HB173

Phases-out the taxes levied on the income of individuals and estates and trusts over five years (OR DECREASE 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)

LA HB448

Repeals state taxes levied on the taxable income of individuals and corporations and repeals tax credits, exemptions, deductions, and exclusions (OR DECREASE GF RV See Note)

LA HB376

Provides for a flat tax rate for purposes of calculating income tax for individuals, estates, and trusts and modifies income tax credits and deductions (EG +$6,900,000 GF RV See Note)

LA HB262

Changes the rates and brackets for purposes of calculating individual income tax liability and eliminates or modifies certain deductions, exemptions, and credits (EG DECREASE GF RV See Note)

LA HB454

Reduces the amount of certain income tax exclusions, exemptions, deductions, and credits (OR +$850,000,000 GF RV See Note)

Similar Bills

LA HB173

Phases-out the taxes levied on the income of individuals and estates and trusts over five years (OR DECREASE GF RV See Note)

LA HB360

Levies a flat tax on business income and provides relative to business entities subject to the tax (RE SEE FISC NOTE GF RV)

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 HB649

Provides with respect to corporate and individual income taxes

LA HB243

Authorizes a one-time refundable individual income tax credit for certain Louisiana taxpayers (OR -$275,400,000 GF RV See Note)

LA HB191

Changes the rates and brackets for purposes of calculating individual income tax liability and eliminates certain deductions and credits (EG +$21,000,000 GF RV See Note)

LA HB262

Changes the rates and brackets for purposes of calculating individual income tax liability and eliminates or modifies certain deductions, exemptions, and credits (EG DECREASE GF RV See Note)

LA HB355

Provides for the comprehensive revision of the tax code and tax incentives (EG SEE FISC NOTE GF RV See Note)