Louisiana 2021 Regular Session

Louisiana House Bill HB547

Introduced
4/2/21  
Introduced
4/2/21  
Refer
4/2/21  
Refer
4/2/21  
Refer
4/12/21  

Caption

Levies a flat corporate income tax, repeals the corporation franchise tax, repeals deductibility of federal income taxes paid, and terminates certain income tax credits (OR DECREASE GF RV See Note)

Companion Bills

No companion bills found.

Previously Filed As

LA HB451

Levies a flat tax on corporations and eliminates the deduction for federal income taxes paid for purposes of computing corporate income taxes (OR -$58,000,000 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 HB441

Repeals corporate income and corporation franchise taxes

LA HB208

Repeals the income tax deduction for federal income taxes paid for purposes of calculating corporation income tax (OR +$89,700,000 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 HB292

Reduces corporate income tax rates and brackets and repeals the income tax deduction for federal income taxes paid for purposes of calculating corporate income tax (EN +$29,200,000 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 HB629

Provides relative to individual income tax, corporation income tax, corporation franchise tax, and ad valorem tax

LA HB456

Eliminates the deductibility of federal income taxes paid from state individual and corporate income taxes (OR +$901,000,000 GF RV See Note)

LA HB543

Repeals individual income, corporate income, and corporate franchise taxes and repeals all credits, deductions, exemptions, and exclusions from the tax (OR DECREASE GF RV See Note)

Similar Bills

LA SB235

Authorizes parishes to contract with the Louisiana Sales and Use Tax Commission for Remote Sellers for the collection of local sales and use tax. (1/1/23) (EN SEE FISC NOTE LF RV See Note)

LA SB271

Provides for medical marijuana. (See Act) (RE1 SEE FISC NOTE GF EX See Note)

LA HB568

Provides that the regulation of therapeutic cannabis be placed under the authority of the Louisiana Department of Health (EG DECREASE GF EX See Note)

LA SB431

Provide relative to the Louisiana Office of Student and Financial Assistance. (gov sig) (OR SEE FISC NOTE GF EX)

LA SB143

Enacts Alison Neustrom Act and provides relative to prescribed marijuana for therapeutic uses and the development of rules and regulations by the Louisiana Board of Pharmacy and the Louisiana State Board of Medical Examiners. (gov sig)

LA SB48

Provides relative to Medicaid pharmacy services. (8/1/19)

LA HB544

Provides with respect to the land-based casino operating contract (EN SEE FISC NOTE SD RV See Note)

LA HB507

Establishes the High Impact Job Program within Louisiana Economic Development and provides for administration of the program (EN SEE FISC NOTE SD EX See Note)